Topic: Monero - page 2. (Read 427 times)
Yeah, one of the rising cryptocurrencies is Monero. Which by the way comes from the international language (not so international though, haha) Esperanto and means simply money. I have been watching it develop, but not too closely. Their idea was to create a digital currency that provides anonymity for senders and receivers on the blockchain. It's in fact evolving, maybe I should get some Moneros:)
The ICEX analysts team presents a technical analysis of the Monero crypto currency,
Monero - number 9 by capitalization among the Cryptocurrencies, on the weekly chart for the third time demonstrates the same pattern of growth.
Namely: every time the price of consolidation, tranquility and the point of launch of a wave grows to its peak, the price grows 3 times sharply
1. from $ 20 to $ 60
2. from $ 50 to $ 150
and now
3 from $ 80 to $ 240
In addition, it seems that this is the fifth Elliot wave.
Therefore, in spite of the fact that the Moving Average Crossing indicator is still in the purchase, we lower the recommendation on XMRUSD from Buy to Hold
And we recommend placing a buy order in the area of $ 160
You can view the charts on our Facebook account: www.facebook.com/ICEX.CH/
#icex #bitcoin #Cryptocurrency #investment #exchange #news #monero #analysis
Monero - number 9 by capitalization among the Cryptocurrencies, on the weekly chart for the third time demonstrates the same pattern of growth.
Namely: every time the price of consolidation, tranquility and the point of launch of a wave grows to its peak, the price grows 3 times sharply
1. from $ 20 to $ 60
2. from $ 50 to $ 150
and now
3 from $ 80 to $ 240
In addition, it seems that this is the fifth Elliot wave.
Therefore, in spite of the fact that the Moving Average Crossing indicator is still in the purchase, we lower the recommendation on XMRUSD from Buy to Hold
And we recommend placing a buy order in the area of $ 160
You can view the charts on our Facebook account: www.facebook.com/ICEX.CH/
#icex #bitcoin #Cryptocurrency #investment #exchange #news #monero #analysis
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