Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 17th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 22.55% PROFIT!!!
The increase in price may also be explained by positive developments including:
1. March 29: Monero 0.12.0.0 "Lithium Luna" Release/ This major release is due to the April 6th network update icreased the minimum ring signature size, sorts inputs so as not to leak wallet choice by inference, and slightly changes the proof-of-work algorithm to prevent DoS attacks by ASICs. It also presents a number of major improvements to Monero, as well as a large set of bug fixes.
2. April 4: 45 well known musicians accept monero as payment including: Mariah Carey, Slayer, Lana Del Rey, Marilyn Manson, Motley Crue, Sia and many others.
3. April 6: Existence of 4 hard forked coins which were airdropped to all Monero holders (XMO, XMV, ZMR, XMC)
Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news.