Search results for: monero

Monero [XMR] just concluded October with a bullish performance that pushed it back to its 4-week support level. Unfortunately for buyers, the upside might not last so long, especially considering the bearish signals Monero is currently flashing. Here’s AMBCrypto’s price prediction for Monero (XMR) XMR managed to rally by as much as 10% in theContinue reading “Monero [XMR] traders, going short, have better luck this time- Here’s why”

Monero [XMR] bulls managed to achieve a 9% upside in the last seven days. However, this is a relatively low upside compared to the gains that some top coins garnered during the same time. Here’s AMBCrypto’s price prediction for Monero (XMR) Monero’s latest upside was less enthusiastic compared to its sharp bounce in June andContinue reading “Monero [XMR] fails to escape lower range- Answering your ‘why’”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. A divergence between OBV and price suggests a bullish reversal Price action remained bearish on higher timeframes Monero [XMR] has been on a higher timeframe downtrend since late April. Since then, the price has notContinue reading “Monero: Traders looking to sell XMR have reason to consider the $152 level”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Monero trading within a short-term range Despite a strong rally, a breakout above $150 might be unlikely Bitcoin [BTC] was able to clear the $19.6k resistance level on 4 October, and at press time theContinue reading “Monero [XMR] flips $144 to support, but the move past $150 seems far-fetched”

Monero recently announced an upgrade that can easily be dismissed as another run-of-the-mill security update. A deeper dive, especially in regards to the reason behind the upgrade reveals that it is an important upgrade for security future-proofing. Monero has been consistent especially when it comes to security updates. So much so that it has beenContinue reading “Monero’s latest network upgrade could be important for your next trade”

If you bought Monero [XMR] at its August top so far, you would be down by roughly 11.5% at its $153.55 press time price. And, if you purchased it at its bottom in June, you would still be up by roughly 58%. These outcomes depict Monero as a healthy option for riding the bullish recoveryContinue reading “Monero observations that can save your portfolio from market crash”

Monero bulls are now facing strong resistance at the 0.382 Fibonacci level after delivering a riveting performance since mid-June. Its performance in the last seven days underscores a battle for dominance between Monero bulls and bears. Monero managed to rally by as much as 76% from the bottom of its latest bear run in June.Continue reading “Monero investors, pay attention to this to avoid losses”

Monero [XMR], one of the most renowned privacy coins, underwent a successful hard fork on block 2,688,888, this Sunday (14 August). The upgrade incorporated significant changes to make the network more secure and private. But the question is- Did XMR see any interesting happenings on-chain or on its price action? Upgraded life  The team behindContinue reading “Monero [XMR]: Every detail you need to know about latest hard fork”

Monero [XMR] performed impressively over the last 24 hours with a 6.28% uptick. On the previous day (10 August), the XMR price was $159 as per CoinMarketCap. At press time, it was trading at $168.16, drawing attention and possibly on its way to another solid performance like it did in July. Before now, Monero hadContinue reading “Monero gets Binance backing, but should XMR traders go long”

Monero [XMR] was among the few crypto-assets to take full advantage of the bullish retracement in July. Seeing its price hike from $118 to $154, July saw the altcoin record a 30% uptick. According to data from Santiment, while the rest of the cryptocurrency market suffered at the hands of the bears in June, XMRContinue reading “All about Monero’s [XMR] ‘under the radar’ July performance and what’s next”

What really makes a successful revolution? Passions aroused could fuel disruptions and likewise, help their overall agenda. Well, for the cryptocurrency community, the agenda is decentralisation, thereby employing P2P (peer-to-peer) technology. However, one such cryptocurrency known for its privacy-oriented features saw its supporters revolt for a cause. Whatever it takes Monero is currently the market’sContinue reading “Monero’s MINEXMR fuels new debate with its latest transition proposal”

If there has been one cryptocurrency that has taken the market by surprise over the last 24 hours, it’s Monero [XMR]. In a market where top coins, including Bitcoin [BTC] and Ethereum [ETH], have dropped in price, XMR has increased. At press time, the private cryptocurrency had gone up 7.84% as per CoinMarketCap. However, theContinue reading “Monero is riding against tide- investors should watch these levels”