💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
💟 Market Health (October-22) The market is still very good and Altcoins still have a very good opportunity to continue to increase in the next days. When the market wants to create FOMO, there is usually very little correction, so keep accumulating so as not to lose the opportunity
XMR is still stable above 240$ zone and it could reach 320$ and 400$ zone in this June. But if it loses this 240$ zone, it will fall down to 160$ zone
📈RED PLAN - Buy : 235-245$. SL if B
- Buy : 315-325$ if A. SL if B
📉BLUE PLAN - Sell : 315-325$. SL if A
- Sell : 390-410$. SL if A
🟣PURPLE PLAN - Sell : 235-245$ if B. SL if A
- Buy : 155-165$. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Monero (XMR) is a Proof-of-Work cryptocurrency, which started in 2014. Its focus is on privacy, security, and untraceability. It relies on private and censorship-resistant transactions and aims to provide “fast, inexpensive payments to and from anywhere in the world”.
Through the use of ring signature cryptography and other features like stealth addresses, Monero aims to make transactions both private and anonymous, hence solving some of the issues of large PoW cryptocurrencies like Bitcoin, such as lack of fungibility and transaction traceability .
It also focuses on ASIC-resistance. Since December 2019, RandomX has replaced CryptoNote, deprecating the need for biannual upgrades.
Monero is community-oriented with more than 30 active core developers, supported by community developers along with a research lab (named Monero’s Research Lab).