#Monero $XMRBTC - This might be a snapshot of a undervaluated asset (closer from supports than resistances).
Watching it, no rush, but this can reverse with a nice risk/reward around the corner.
#Monero $XMRUSD - Bullish pullback and reversal on the making like the crypto market so far. So question is: will it out perform $CRYPTO if the sector is bullish? This is why XMRBTC is important to look at.
https://twitter.com/Beetcoin/status/1123880120362643458Should I buy some more of this?
Glad to see you here MicG
Personally (no secret really) I think this is one of the few blockchain projects outside Bitcoin that has lasting utility but also retains as much cypherpunk ideals as possible. Decentralized, no idiotic "founders reward" etc.
That said, the question is will it continue to be recognized as valuable during the next bull run or will Bitcoins growth towards privacy mute it's rally?
If you saw my personal allocation you would see I believe firmly in the first scenario.
Also, IMHO now is about as good a time to buy as ever considering the dump it's currently taking.
But DYOR.