Monero Price Analysis for April, 17th – XMR Still Hopes For Further Growth

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, April 17th, the XMR has stopped growing, trading at 56.60 USD. On D1, Monero looks rather typical for the whole crypto market: the quotations are developing an uptrend as a correction after a wave of decline. A local pullback has tested from above 38.2% Fibo but the … Read more

Monero Price Analysis for March, 24th – XMR Aiming At Further Correction

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, March 24th, the XMR keeps bouncing off, generally trading at 45.38 USD. On D1 of the Monero, the last declining impulse has reached the support level of the descending channel. After a test of the support line, the quotations have started a bounce for a correction. … Read more

Monero Price Analysis for December, 6th – XMR Became Less Volatile

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex After visible fluctuations in the middle of this week, Monero exchange rate reached stability by Friday close to 54.13 USD. From the technical point of view, on H4 Monero is moving inside the descending channel, thus continuing the formation of descending tendency. At the same time, one should … Read more

Monero Price Uptrend Materializes as Bulletproofs’ Potential Becomes Apparent

Even though it does not happen all that often, the Monero price is going through a very positive spell right now. Some of the project’s recent developments have [finally] received the attention they deserve. A reduction in transaction size combined with lower fees make XMR one of the cheaper currencies to use today. Monero Price … Read more

3 Possible Monero Price Predictions for Q4 2018

In the altcoin department, Monero is often overlooked by cryptocurrency traders. Although that is not entirely difficult to explain, the popular privacy-oriented currency has a lot of potential. When looking at future Monero price predictions, it seems the opinions are somewhat contradictory. That makes for interesting possible scenarios where XMR is concerned. #3 Short XMR … Read more

Monero Price: Dip to $130 is in Full Effect

Even though the early morning looked relatively promising for all cryptocurrencies, the positive momentum has not materialized yet. All top currencies are still in the red, with some of them taking a bigger loss than others. The Monero price faces a very steep setback compared to other altcoins, even though there is no real reason … Read more