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analysis, forecast, fork, hard, monero, price, surge, xmr -

Why the Monero Coin Price Is Surging On a day when the broader crypto market was drenched in red, the Monero price chart was showing green candlesticks. The XMR coin price is riding a tailwind that helped it thwart Wednesday’s marketwide correction. In fact, Monero has turned out to be one of the few cryptocurrencies that has managed to recoup most of its losses post the February crypto market crash. Take a look at the Monero chart below and see how its past one-month performance stacks up against industry leader Bitcoin and its biggest rival ZCash. Monero conspicuously stands out...

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bitcoin, cardano, crypto, etc, ethereum, ethereum classic, monero, neo, stellar, update -

Despite the recent bullish price action, the two largest coins have been struggling to get over the dominant broad declining trendline, and as the upside momentum faded away the majors turned lower in a concerted fashion today in early trading. The move warrants a more defensive position for short-term traders, but the long-term setup remains positive, and with the exception of the already slightly stretched coins, ETC, Monero, LTC, and Bitcoin, the pullback could be used to accumulate more coins. With the correction lows far below the current price levels in most cases, and several coins are still more than...

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bitcoin, crypto, iota, market, monero, price, recover, recovery, update, xmr -

The segment is showing clear signs of resilience, as bears cannot find footing in the market despite the brief selloffs. The majors turned yesterday after the US close as the SEC launched a probe into ICO’s, but the coins remained stable, with no major support levels falling durably amid the move.   Sponsored The continued risk-off moves in traditional assets could also have weighed on cryptocurrencies, but for now, the weakness didn’t spill over to the segment again, and that is another positive sign for bulls. BTC/USD, 4-Hour Chart Analysis Bitcoin was still in the center of attention, providing the...

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analysis, bitcoin, btc, bullish, dash, etc, eth, ethereum, ethereum classic, iota, lite, litecoin, monero, neo, rally, ripple, technical, usdt, xmr, xrp -

As the correction in the cryptocurrency segment lost momentum during the weekend, several major coins started to show signs of accumulation, and today, a broad rally carried most of the top currencies well above the correction lows. While the sector is still not out of the woods, today’s advance confirmed the positive signs that we have been monitoring throughout the pullback. For now, there are still strong resistance zones ahead of the top coins and the broad declining trend is still intact in Bitcoin, Ethereum, Ripple, and most of the smaller altcoins as well. That said, we remain bullish regarding the...

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