Tag: Monero

Monero Technical Analysis for 12/05/2015 – Trend Line Breaks

Monero hit a high of 0.00151114 on November 11, and price has been sliding since that day. However, the first signs of a potential trend reversal materialized today. The 0.00106 area – which has been used extensively by the market as support/resistance over the past two weeks – was broken to the upside today. This pivot area is now acting as support again. Further upside price action may follow in …
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Monero Technical Analysis for 11/21/2015 – Big Pivot Area Breaks

The upward momentum that Monero experienced during the beginning of November has now dissipated. Price has broken underneath a very significant pivot zone. In my previous Monero technical analysis article on the 9th of November, I elaborated on the technical significance of the 0.00122 level. This pivot has now propped-up the market about three different times this month, but price managed to close underneath this area yesterday. The 0.00122 has …
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Monero Price Discussion/Speculation – 8/15/2015

Monero has seen of some tough times. Times whre many thought it may nearly beome worthless and other times where markets were at threat due to actions of huge whales. Whilst Monero is a much more diversified coin and so has managed to thrive on investor confidence on sentiment. Recently the price of Monero has fallen into a stable but dangerous pattern as stagnation often breeds the conditions for a …
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Monero Price Speculation/Discussion – 8/10/2015

Monero has become a extremely desirable cryptocoin in recent times due to its rock solid price stability and its friendly and helpful community. The markets have been dependable for the most part of this year and particularly this month ke4ep prices afloat and stable. Lets take a look at the graphs for this week which have gained the attention of many considering the true value of the coin as the …
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