Dear Friends, Monero is retesting the previous support around 0.003500. We need to wait for price confirmation. The current market sentiment regarding altcoins - we can see most altcoins like DOGE, SHIBA, ADA etc have hit all time highs compared to BTC and are starting to drop. Privacy coins like XMR, ARRR and Zcash are quite the opposite, they are all down and...
XMR-BTC Weekly Chart
Monero BTC pair has been in a descending channel, and has not broken it since August 23rd 2021. Last week it closed with a green bullish hammer candle, and this week has started with a green bullish hammer candle as well, going sideways which could break the descending channel trend. This weeks candle has since turned red, but still in a...
800,000,000,000 for a Bitcoin market, seriously overpriced for what is nothing more than a NFT. If its not private by default at the protocol lvl its not fungible and its not sounds money.
MONERO and REAL cryptocurrency... PRIVACY NATIVE CRYPTOCURRENCY... will break the internet when it pumps to the moon.
awake yet? No you're still sleep I can hear ya snor...
Even though XMR has shown short-term weakness against some coins in the privacy vertical they still have a way to go before they can challenge XMR's long-established upward channel against them.
I expect oscillation along the channel and would be surprised if they venture into the blue bands. Provided no fundamental change takes place any venture into the blue...
After months of bleeding XMR seems to have found solid bottom against BTC in this range.
There are indications of accumulation in this price range.
If the general crypto market stays bullish, we can expect a 20% bounce from this level as short positions get taken out.
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...
I absolutely love everything about Monero. The absolute, undisputed king of privacy coins, the untraceable, fungible supermoney to back Bitcoin.
A dead God once told me that Monero is what Bitcoin should've been.
Together they (us) will win.
Monero is money
Bitcoin is gold
With that psychotic rant out of the way, Monero looks like it is primed for pumpin...
(a) Chart Overview
> XMR/BTC - DAILY CHART - BINANCE
The descending triangle is usually a bearish sign however a fake-out is a strong possibility considering these factors:
> Monero's privacy USP is highly valuable for two main reasons, 1: To avoid discrimination and 2: To maximize security.
> Monero most recently (July 23rd) hit it's...
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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
this is XMRBTC chart. i can first add as a basis that i am bullish on btc.
So that means that this chart is more bullish than it looks, since i believe it will 2x vs btc.
this chart is for 2021 so far.
-now bouncing on the 618
-curving slightly upwards
--- many other coins with similar patterns have just...
Monero probably ended correction from last bull cycle and is ready to rumble. If it breaks downtrend resistation, long term targets are around 0,1 /btc, what could be pretty nice profit also in dollars. Formation is beautifull, so keep hodl or buy now and keep your monero safe, because it will have huge value. Privacy will get attention and Monero is king of it.
Privacy is still very underrated in this growingly hyper transparent financial landscape !
MONERO is still the best and most well known privacy coin in the digital asset world.
Many people hove avoided this type of coins because of the impending danger of regulations.
However, there is a case to be made that such a coin will not only survive but thrive in an...