Privacy is totally undervalued in todays market. Monero is tried and proven and worth of an adequate valuation. Specially over projects with dubios fundamentals like mobilecoin - what i consider to be a shitcoin.
Very bullish from this tweet:
"COMIT just got finished building out the initial protocol for atomic swaps, a trustless way to swap between #Bitcoin and #Monero, and now a Monero dev just built out a trustless, decentralized way to "pool mine" Exploding head" -@sethforprivacy
See chart. MACD looks very healthy.
This is a response post to a theory proposed by a Nom_de_Guerre
Please refer to post here :
I will be also doing the same if BTC loses 11k support. Which at this point in time, I do not think will happen. I still am Long BTC as I believe the testing phase has not yet completed, and 100k or...
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With Monero's atomic swaps being released I believe we will see an increase in utility and hype across the board. But like most hype ... it is short lived. Not to...
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XMRBTC on H4 has broken above the resistance by large green candles and it might go lower for a retest but finally It is expected to go higher.
⬆️Buy now or Buy at 0.006050
⭕️SL @ 0.005540
✅TP1 @ 0.006660
✅TP2 @ 0.006900
✅TP3 @ 0.007700
✅TP4 @ 0.008150
Hello trading friends,
XMR can show a Re-test LONG trend for scalp trading to 335+
This trend will have an SL of 320, if this target hits with time frame XRM could return into a breakdown trend, before that trend XRM is still into an uptrend.
Manage the risk always fine.
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# Manage always your risk,...
Not valid until trend is completed. This pattern is currently in the process of forming on every major privacy coins, including litecoin, and possibly other alts. It is possible this trend is invalidated. If we reach May highs we can possibly expect a massive correction.
Volumetric and cluster analysis shows an increase in demand for XMR from buyers.
Buy entry can be looked for in two ranges :
1) between $298 - $315
2) in case of correction at $258 - $276.
Stop-loss shall be placed under the price of $220
Targets for ascending movement continuation:
Good luck and watch out for the market...
* Binance: XMR/BTC
* Daily Chart
* Reducing / Falling Wedge chart pattern
Monero is forming this bullish chart pattern, with many contact points (four significant touches on the resistance or upper line and three on the support or lower line). The multiple contacts adds credence to this chart pattern, most likely result is a bullish...
XMR to $800+ in the cards
contiuation of decrease in volume as channel trend lines converge confirms pattern.
Usage metrics bullish as ever. XMR is long overdue for a real pump imo.