Monero

Monero continued its rangebound movement between $239.4 and $215. Zcash showed weakness after recapturing the 23.6% Fibonacci retracement level, while a breakdown on Chiliz could highlight support levels at $0.29 and $0.156. Monero [XMR] Source: XMR/USD, TradingView With limited price swings during the month of March, it was possible that Monero was in an accumulation phase post the pullback in late-February. The region between $239.4 and $215 showed strong price oscillation as the buyers… Source link

A new proof-of-concept for a Secret Monero Bridge has become public. Through this effort, there may be a bridge between Secret Network and Moenro in the future. Users who value privacy will want to pay close attention to this idea and its – hopefully – completion later this year.  The Secret Monero Bridge Explained Although the name may be a bit misleading at first, the proof-of-concept is genuine. Developers attempt to create a connection between Secret Network and Monero, two… Source link

The altcoin markets saw strong losses in recent hours, but Ethereum Classic and Uniswap could post quick recoveries. Monero had faced difficulty climbing above $230 but had strong demand at $205. Ethereum Classic [ETC] Source: ETC/USDT on TradingView Ethereum Classic slipped beneath the $11.4 mark and retested it as resistance, but OBV showed that the recent wave of selling pressure did not have a great volume of selling. This indicated that a recovery, once impetus shifted in favor of the… Source link

Selling pressure on Bitcoin was felt across the market. Monero and Maker noted bearish pressure, but were trading within a longer-term range, while Uniswap was forced to cede multiple levels of former support levels to the bears. Monero [XMR] Source: XMR/USDT on TradingView Since late February, XMR has bounced between the $198 and $230-levels of support and resistance. The previous week saw XMR climb past $230 and touch $238, but selling pressure forced the coin lower to $210. The… Source link

Monero was trading at the helm of its $215.7-support level, with its bearish indicators spelling short-term losses over the coming sessions, at press time. On the contrary, NEM was moving within a horizontal channel, while Augur could extend its gains all the way up to the $50-mark. Monero [XMR] Source: XMR/USD, TradingView A look at Monero’s 4-hour chart highlighted a bearish trend as the crypto’s price tested the $215.7-support. The OBV took a dip and stabilized as the price… Source link

The Taiwanese multinational hardware and electronics company, Acer, is purportedly the latest popular organization to fall victim to the notorious REvil ransomware attack. According to recent reports, the perpetrators have requested one of the largest demands so far of up to $100 million paid in the privacy cryptocurrency – Monero. Ransomware Attack on Acer Headquartered in New Taipei City, Acer is among the world’s largest manufacturers of computer hardware and electronics with revenue of… Source link

The cryptocurrency market has been seeing great volatility over the past few days. This volatility has changed the existing trends in the market for almost all altcoins. With a market capitalization of $4.171 billion, Monero [XMR] was pushed down to the 28th position on the CoinMarketCap list. The volatility in the market has been pushing the digital asset and at the time of writing, the market was once again seeing changes as XMR was being traded at $233.10. Monero six-hour chart Source: Source link

Gains over the past 24 hours saw Tron rise to a multi-year high above $0.066. Monero was restricted below $238.6-resistance, while Tezos presented an upside at the $5-mark in a bullish outcome. Lastly, SNX showed signs of a recovery since the pullback in late-February. Tron [TRX] Source: TRX/USD, TradingView An upwards breakout from an ascending channel saw Tron snap a local high at over $0.066, a level last seen in May 2018. Higher highs on the OBV showed strong buying pressure as the… Source link

Monero saw some indecision in the markets around the $230-mark as the price dipped and bounced around this level. IOTA was in a phase of consolidation above the $1.3-level, while Zcash faced some resistance around $155. Monero [XMR] Source: XMR/USDT on TradingView XMR oscillated around the $230-level as sellers and buyers were involved in a skirmish. The OBV was on a steady uptrend since XMR tested the $200-mark as support a second time. Such demand from buyers underlined possible gains for… Source link

The Monero (XMR) price has been in a tight range recently. Its price has barely moved in the past seven days, bringing its total market cap to $4 billion. It has also been overtaken by other fast-growing digital currencies like Crypto.com, Terra, Theta, and DogeCoin. It is now the 24th biggest cryptocurrency in the world. Monero news: Monero is one of the oldest digital currencies in the world. It differs from other popular currencies like Bitcoin and Litecoin because of its… Source link