Right now I think XMR lacks the support to push past 140. It's bounced to 130 a few times recently. I think loss of buying interest will push it down for a good day trade opportunity in the $126-128 range as XMR makes one last spurt up to ~$131-132. I think an intraday trader could look for a solid buy-in range around the $119-124 range marked on the...
XMR has seen some recent loss in buying power (I have another post on day trade targets if you're interested). For long term potential, XMR has seen a large amount of buying pressure. Also consider that anyone that has bought XMR in the last 4 years or so, outside of a few bearish blips, would be selling at a loss right now.
I'll look more. into it but I can...
Hi all, I'm a bit new here and going to try my hand at some general analysis rather than for any specific crypto asset. I appreciate any feedback and thoughts on this. On this chart is alt coin to bitcoin conversion. I've overlaid BTC/USD and ALT/USD as well. In general these tend to follow each other, though the index here (ALT/BTC) tries to aim at finding a...
Crypto has been on a general down-trend the last couple of days. In the last hour or two we've seen a temporary increase in the cryptos I've looked at but I'm not seeing volume to support the uptrend. In particular, I've been following UNFI in particular (main chart) and it looks like there's some buy/sell algorithms oscillating generally between the hour chart...
This crypto has had declining volume and price highs. With a descending triangle there's less and less pressure to push the price up. Especially paired with falling volume, this looks extremely bearish to me
Some people choose to listen rather than be heard. Your recession won't your inflation as quickly as you think. Giving is easy, Taking is hard. The sunshine and rainbows of QE/Stimulus will eventually turn into a nightmare of some sorts with QT. The economy is strong for now and so is inflation. That means more tightening don't fight the facts or listen to idiots....
