Monero

The Monero (XMR) price has been decreasing since it was rejected by the long-term $250 resistance area on Feb. 20. Despite the rejection, XMR seems to be holding up above the minor $185 support area and should continue increasing. XMR Long-Term Levels XMR has been decreasing since reaching a high of $287 on Feb. 20. The rejection occurred right at the 0.5 Fib retracement level measuring from the all-time high price of $476.  Technical indicators are mixed. While the… Source link

Popular privacy coin Monero stabilized on the charts and eyed a rise above the $230-level on the back of its bullish indicators, at press time. On the contrary, Augur may require stronger cues from the broader market to break above the $39.2-mark. Finally, gains on Dogecoin’s charts could be restricted to the $0.062-resistance level, despite the bullish comeback. Monero [XMR] Source: XMR/USD, TradingView A hike of over 5% in the last 24 hours helped Monero flip the $214.6-resistance at… Source link

BCH’s downtrend was clearer on the hourly charts as the price formed lower highs. DOGE moved within a fixed channel and was likely to remain above $0.0054 over the coming sessions. Monero could be in for more losses as the on-chain metrics supported an extended bearish outcome. Bitcoin Cash [BCH] Source: BCH/USD, TradingView On the daily time frame, Bitcoin Cash seemed to be consolidating as the price move rangebound after snapping a local high at over $720. However, a downtrend emerged… Source link

Thanks to Bitcoin’s overwhelming market dominance and market share, its movement is often reflected in the performances of the market’s altcoins. When the world’s largest crypto was rangebound and consolidating, market alts such as Monero and Ethereum Classic corrected. When BTC resumed its uptrend, however, these alts were quick to follow suit. Monero [XMR] Source: XMR/USD on TradingView Monero, the crypto-market’s leading privacy coin, has had a topsy-turvy 2021. While the month… Source link

Monero Coin (XMR) – Forecast Summary Monero Forecast: Q1 2021Price: $180– $260Price drivers: Symmetric Pattern Breakout Monero Forecast: Q2 2021Price: $260–$470Price drivers: Bullish Engulfing, EMA Support and MACD Crossover Monero Forecast: 1 YearPrice: $244Price drivers: Double Top Resistance, Bearish Correction  Just like Bitcoin and Ethererum, the cryptocurrency Monero has also shown a dramatic bullish trend recently. Considering the performance of the past month, the XMR/USD pair… Source link

The Yearn.Finance (YFI) price has bounced at a crucial support area and is on its way towards a new all-time high price. Both Cardano (ADA) and Monero (XMR) are facing crucial long-term resistance levels. The price action for the latter seems more bullish, making a breakout more likely.   Cardano (ADA) ADA has been increasing rapidly since the beginning of February when it was trading at $0.33. Currently, it’s trading at $0.86 after reaching a high of $1.02 on… Source link

ZCash and Monero prices have been on an uptrend as investors have started to shift towards privacy-focused coins. The ZEC price has jumped to a high of $190, bringing its total market cap to more than $1.7 billion. Monero, on the other hand, has risen to an all-time high of $252, bringing its market valuation to more than $.4.28 billion. Monero and ZCash background: For starters, Monero, Dash, and ZCash belong to a class of cryptocurrencies known for their… Source link

Maybe some people still believe it, but Bitcoin isn’t really anonymous. Indeed, isn’t anonymous at all: all the transactions in this currency are recorded in a public —and widely-available-online— ledger. Tracking the funds and the parties behind them isn’t that hard, and that’s why privacy coins were created. The privacy coins are cryptocurrencies with in-design functionalities for higher privacy. Some of them are private by default, while others let the users decide if they… Source link

A minor correction in the broader market saw altcoins DOT, XMR, and IOTA fall towards their respective support levels at the time of writing. However, bulls rushed in to counter the selling pressure and the aforementioned altcoins looked to stabilize at higher levels on the charts. Polkadot [DOT] Source: DOT/USD, TradingView The formation of ‘three white soldiers’ on Polkadot’s 4-hour chart gave strong bullish signals after the price picked up from the $25.4 support. The 24-hour… Source link

The strength of the cryptocurrency market is spreading appears to be spreading to privacy-focused coins. The calm price action of Bitcoin (BTC) often sets up an intense period for altcoins to rally, where several groups of coins can start becoming bullish.  One of those segments is the privacy coin segment. For example, Monero (XMR) rallied by more than 50% last week. Meanwhile, Dash (DASH) has more than doubled with a 125% gain while Zcash (ZEC) rallied by 70% during the same period. Monero… Source link