Author

Topic: ETH Collapsing Monero UP (Read 354 times)

hero member
Activity: 770
Merit: 504
March 17, 2016, 09:00:16 PM
#1
Over the last month Monero has broken out over and held up at 0.003, while Etherum tested and failed to maintain 0.029.  

Both resistance points are significantly higher than their respective coin's monthly low:




Monero's gains are based on a sustainable staircase pattern of rises to new highs followed by periods of consolidation, driven by excitement about the newly incorporated DB, imminent GUI, and a blossoming ecosystem of value-adding services.



OTOH, Ethereum only enjoyed a brief multi-month pump because of ill-conceived DAPP/new-paradigm hype that succeeded only in burning hapless 'investors' eager to FOMO headfirst into 'the next bitcoin'.
Jump to: