Author: admin
Cryptocurrency markets have long been trying to seize a chance on an upward trajectory. However, since the Bitcoin ETF was approved, the world of digital assets has become severely range bound. An event that may have brought some peace of mind to the crypto market was the US Federal Reserve's interest rate decisions. But the hawkish tone of various Fed officials suggests that cutting rates may take longer than expected. In a recent development that pushes the Fed to cut rates, non-voting members of the Federal Open Market Committee have taken a bearish stance on the future of interest rates.Susan…
Monero experienced a drop of more than 30%, but was corrected by half the next day. Let's take a closer look at the future outlook for XMR's price. Monero situation (XMR) It rose to $174. This price level acted as a resistance level. However, Monero price has formed higher and higher peaks, suggesting that bullish pressure is increasing. Unfortunately, the inevitable happened. Binance has delisted Monero. After that, Monero's value fell sharply, breaking several supports and rising from $165 to $100. The next day, the cryptocurrency made some recovery by testing the $132 level. As a result, Monero received support…
Monero (XMR) stands out for its emphasis on privacy and anonymity. Since its creation in April 2014 as an offshoot of Bytecoin, it has gained a lot of attention as a top choice for users who value discretion in their trading. Monero employs advanced technologies such as ring signatures, stealth addresses, and bulletproofing to ensure transaction details remain private and protect the identities of both senders and recipients. It is imperative that investors consider the implications and possibilities as they ponder the potential outcome, especially if his XMR price reaches his coveted $200 level in 2024. Amid market fluctuations and…
Ripple has endured a consistent downtrend characterized by low volatility and lack of momentum in price movements. However, it has recently been sitting in a key support area around $0.50, which could lead to a sideways consolidation phase before the next significant move. Written by Shayan daily chart A closer look at the daily chart shows that Ripple's price trajectory has been gradually declining, resulting in reaching an important support area. This support zone includes the $0.5 static level and the lower bound of a multi-month triangle pattern. Given Ripple’s current low volatility and lack of momentum, the most likely…
Monero reacted on its official X account after Binance announced the delisting of multiple altcoins. The company reaffirmed its unwavering commitment to privacy. The exchange's decision also sparked a strong reaction within the crypto community. Monero maintains our commitment to privacy On February 6, Binance announced its decision to delist certain virtual currencies from February 20, 2024. This includes Monero (XMR), which is recognized as one of the leading private cryptocurrencies in terms of market capitalization. This crypto is characterized by its focus on transaction privacy and anonymity.Binance justified its choice as follows: security concerns. However, Monero quickly responded on…
Today, the cryptocurrency sector is showing an impressive recovery, with many major tokens rising in value in a fairly orderly manner. but, Monero (cipher: XMR) It is one of the top 50 tokens by market capitalization and is fully up today.As of 3:30 p.m. ET, Monero had surged 25.1% in the past 24 hours. The move appears to reflect a partial comeback trade from yesterday's delisting crash.Top crypto exchanges Binance announced that Monero and three other tokens would be delisted on February 20th, leading to a sharp decline in these tokens. On yesterday's news, Monero plunged over 32% during the…
The crypto industry continues to exhibit volatile market trends as major cryptocurrencies record significant price fluctuations in their respective portfolios. Additionally, Monero has seen its valuation drop by more than 25% within the past 24 hours. The main reason is believed to be delisting from the Binance exchange. Monero coin price traded in a narrow range between $162.5 and $172.5 for a short period of time, but then the market lost momentum and the price declined. The XMR token recorded over 11% correction in valuation. Over the next few days, the price hovered between $144.3 and $153.6. TradingView: XMR/USDT As…
The privacy and security-focused token comes after Binance, one of the largest crypto exchanges, announced on February 6 that it would be delisted along with three other tokens in the coming weeks. The price of Monero (XMR) has fallen. Monero (XMR) to be delisted this month Binance recently announced that it will delist and suspend all trading activities for Aragon (ANT), Multichain (MULTI), Vai (VAI), and Monero (XMR) from 03:00 on February 20, 2024 (UTC) . The decision was made after Binance's latest review determined that the platform was no longer able to support the token. Following a review of…
Privacy coin Monero (XMR) has soared again after plunging following news that crypto exchange Binance will delist the controversial coin. According to CoinGecko, the price of XMR is currently $130.54, up more than 23% in the past day. However, the post-Binance losses have not disappeared and it is still down 21% in 7 days. Zooming out further, XMR has taken a severe beating over the past month, wiping off nearly 15% of its value in 30 days. Binance, the world's largest cryptocurrency exchange, announced on Tuesday that it would delist the coin, which users can trade anonymously. Binance said the…
Today, the cryptocurrency sector is showing an impressive recovery, with many major tokens rising in value in a fairly orderly manner. but, Monero (XMR 0.13%) It is one of the top 50 tokens by market capitalization and is fully up today. As of 3:30 p.m. ET, Monero had surged 25.1% in the past 24 hours. The move appears to reflect a partial comeback trade from yesterday's delisting crash.Top crypto exchanges Binance announced that Monero and three other tokens would be delisted on February 20th, leading to a sharp decline in these tokens. On yesterday's news, Monero plunged over 32% during…