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Topic: [XMR] Monero Speculation - page 2192. (Read 3313576 times)

donator
Activity: 1722
Merit: 1036
August 23, 2014, 09:43:00 AM
#5
Code:
pricemin	pricemax	volume%	cumulative
850 899 2 % 100 %
800 849 0 % 98 %
750 799 2 % 98 %
700 749 1 % 96 %
650 699 0 % 95 %
600 649 5 % 95 %
550 599 5 % 90 %
500 549 8 % 85 %
450 499 7 % 77 %
400 449 22 % 70 %
350 399 16 % 48 %
300 349 13 % 32 %
250 299 11 % 19 %
200 249 3 % 8 %
150 199 0 % 5 %
100 149 3 % 5 %
50 99 1 % 2 %
0 49 1 % 1 %

This shows that 48% of the volume has been traded below 0.00400. The all-time-average is 0.00410. Days above 0.00450 are rather rare (30% in total) whereas above 0.00650 is only 5% in total. The most traded range seems to be 0.00250-0.00450.

I regard the current price as cheap, because 68% of the volume has been traded at a higher price.
legendary
Activity: 2268
Merit: 1141
August 23, 2014, 08:17:50 AM
#4
Ultros, can you add the irc channels #monero  •  #monero-dev  •  #monero-otc to your post also? This is helpfull for people who have a problem and want to chat about it.

On topic: As I stated before, there is clearly great resistance @ 0.004, if we break that I think we will reach 0.0055-0.006 again. Support is @ 0.0033-0.0034 area. There is a probability that we move sideways for some time before breaking through 0.004.
donator
Activity: 1722
Merit: 1036
August 23, 2014, 08:13:21 AM
#3
I hope to soon post here a chart or table showing the amounts of moneros traded at any given price level (0-50k, 50-100k, etc.). In my opinion, monero has during all its exchange history been a rangebound coin. The all-time-weighted-average is about 400k, and most of the trade has been conducted at a narrow range of 300-500k. When the range is definitely broken, there is no knowing what the next trading range would be.
sr. member
Activity: 471
Merit: 250
August 23, 2014, 08:03:11 AM
#2
#monero • #monero-dev • #monero-otc


Old thread (now locked): https://bitcointalksearch.org/topic/monero-xmr-speculation-thread-622708
legendary
Activity: 2968
Merit: 1198
August 23, 2014, 07:54:48 AM
#1
Self-moderated thread for discussion of Monero trading and price speculation.

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