dsgorthy

Monero (XMR) Long-term Bullish Analysis. Let's Make Money!

Long
HITBTC:XMRBTC   Monero / Bitcoin
Currently ranked number 10 by market cap, XMRBTC is an extremely strong privacy coin that has had steady growth against BTCUSD even through the the recovery. I believe that this is one of the best investments that I have in my portfolio. Check out the upward channel that is well-established here. Healthy volume, healthy RSI, and few, if any, wild swings that we see in other coins. If anything, it's rising within our channel as illustrated by the moving average approaching getting closer to the upper bound of the channel.

No buy-in advice here, other than waiting until the next time that XMRBTC shows oversold in the RSI. I'll update this chart, but am mostly using this to track my own investment. I'd like to hear your thoughts on XMRBTC , especially if you're trading/looking to trade! Please comment below, as the more input we see, the more informed we are!

*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.