Monero(XMR) fights back: Technical price analysis, price prediction 2018, 2020

in monero •  7 years ago 

Monero(XMR) is acclaimed for its privacy features. It's growth, since its launch in 2014, has been credited to confidential transactions and stealth addresses which provides anonymous and untraceable transactions. It has three key features; decentralization, privacy and security. The anonymous characteristic of this crypto coin helps to stand by the norms of both, digital currency and blockchain technology. Monero has had a hike even during the crypto market crash. It is a coin with a good short-term potential which can earn superior returns.source

Monero(XMR) Price Today
XMR is currently trading at $139.78 with a market cap of $2.2 billion. Its trading volume at $3.7 million. It has gained by 9.38% against USD over the past 24 hours. The support level is at $128 and the resistance level is traced at $142. The daily price chart shows that XMR has displayed major fluctuations. Prices experienced a steep rise from the support and rose as high as $142 and then tumbled to $139. It can be seen easing back up from to $140. The prospects of XMR are getting better as the day ends.
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