Crypto Market Update: Monero, IOTA and Tezos Price Analysis

2019-3-12 19:13

Monero (XMR)

XMR has managed to rise past $50 in the last few hours. In a classic double bottom reversal pattern, the currency managed to extend above $50 on the hourly charts to record its current level of $50.84.

A few hours ago, there was a bearish engulfing on XMR that brought the price tumbling down below $50. The bulls tried to push the price up past the resistance level at $50, but this seemed hard. However, the double bottom served as a clear signal for the bulls to push the price further up past $52. Support is expected to be at 50.

The RSI is past 60 seemingly indicating that the bulls may have their sway. New Support levels may be defined at 50. If the price hits this level and bounces back, then traders can go long.

IOTA (MIOTA)

IOTA has managed to rise past temporary resistance levels of 0.2840 to achieve a high in the last few hours of 0.2896. The currency had experienced a bearish engulfing that made the price touch 0.2780. Bulls tried to reverse this trend but temporary resistance was experienced at 0.2840.In a double bottom reversal.

The bulls managed to garner enough momentum to breach this resistance level and achieve a high of  0.2890. The 7 day MA has widened its gap with the 21 day MA seemingly signaling that we should expect this price to rise even further,

Looking at the RSI, it is way above the 60 level but doesn’t seem to have enough strength to rise even further. Prices are expected to drop but find support at 0.2834. If they bounce back from these support levels, then traders can go long as they set their stop losses at 0.2840.

Tezos (XTZ)

Following mention by the Winklevoss twins that Tezos could emerge as a competitor for Ethereum, the price of XTZ skyrocketed to record a new high of 0.5225. However, the strength of the bullish rally seemed to have waned as the bears brought the currency to its pre-announcement levels.

However, the bulls have tried to maintain a northward momentum, but seem to find resistance at 0.490. Currently, the RSI is at 40 and seemingly headed south. The 21 day MA is also over the 7 day MA seemingly signifying that the price should fall even further.

Traders can go short with taking profit levels placed at $0.430 – $0.4209 levels.

The post Crypto Market Update: Monero, IOTA and Tezos Price Analysis appeared first on ZyCrypto.

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Monero (XMR) на Currencies.ru

$ 134.75 (-0.82%)
Объем 24H $39.47m
Изменеия 24h: -0.04 %, 7d: -0.50 %
Cегодня L: $134.18 - H: $136.8
Капитализация $2.485b Rank 50
Цена в час новости $ 51.12 (163.6%)

xmr monero price crypto hours managed market

Источник: zycrypto.com

xmr monero → Результатов: 126


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Outlining Monero’s (XMR) Wave Count In Order to Determine Its Top

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В третьем квартале 2020 года конфиденциальная криптовалюта Monero (XMR) выросла в цене примерно в два раза. В начале лета альткоин уже торговался в районе $60, в ночь на 4 октября курс XMR достиг $104.

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2019-5-27 16:45


Monero Price Analysis: Candlestick Arrangement Favors XMR Bulls, Will $150 Be Hit?

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2019-4-10 15:35


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Согласно данным MoneroBlocks. info, обозревателя блокчейна Monero (XMR), майнеры уже добыли 16 658 667 монет против общего объема эмиссии в 18,4 млн. XMR. Основная эмиссия Monero продолжиться до 31 мая 2022 года.

2018-12-20 13:12


XMR Wallet прошел аудит и добавил новые функции

Кошелек XMR Wallet объявил о завершении внешнего аудита системы безопасности, который проводился американской компанией New Alchemy. Также разработчики сообщили о добавлении нового функционала. We just published the results of our #security review of @XMRWalletCom‘s web application (at https://t.

2018-7-25 13:37


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Players of the popular internet game, League of Legends have fallen prey to a malicious software that programs their system to involuntarily mine Monero [XMR]. A Reddit user named Lestergonzaga discovered this through the Garena server, where many players all around the world have been mining Monero without their knowledge. The mining process took place […]

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Платформа общественных петиций Change.org объявила о запуске скринсейвера, который станет майнить Monero от имени этой организации. Скринсейвер использует вычислительную мощность компьютеров, на которых открывается во время бездействия, а все намайненные токены XMR будут автоматически пересылаться в...

2018-7-19 11:02


Monero Successfully Completes First ‘Bulletproofs’ Audit, Mainnet Integration Coming Later This Year

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2018-7-17 02:01


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