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Topic: Monero Technical Analysis for 08/11/2015 (Read 475 times)

sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
August 11, 2015, 09:20:55 PM
#5
My technical analysis:

Monero is positioning itself for riding coattails.



Speculation of course.

Coat tails of what? ETH?  I don't think so. From what I've seen people are leaving shitcoins behind and buying ETH.
sr. member
Activity: 448
Merit: 250
August 11, 2015, 08:27:18 PM
#4
.
legendary
Activity: 2268
Merit: 1141
August 11, 2015, 04:12:43 PM
#3
Please just post this in theh speculation topic next time -> https://bitcointalksearch.org/topic/xmr-monero-speculation-753252
legendary
Activity: 1316
Merit: 1014
ex uno plures
August 11, 2015, 04:07:02 PM
#2
Not that BIG. XMR is now 0.00227399.

~LOL~
legendary
Activity: 1218
Merit: 1000
August 11, 2015, 10:23:30 AM
#1
Monero has been trading in a sideways market since the 6th of August. Price is currently resting on a major pivot area, the 0.0024 level. The 0.0024 level is a fairly well established pivot zone and the market has respect it a number of times. This level served as support on two occasions during the past five days of trading, and once as resistance. It is very likely that price will find some support here before possible making a move north. If price manages to get to 0.0023, the 0.0024 level is very likely to turn into resistance, but that is a BIG if.
 
http://themerkle.com/market-analysis/monero-technical-analysis-for-08112015/
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