#Daily Price Analysis Monero (XMR) Price Watch 27 June – Channel trend Published 7 months ago on June 26, 2018 By Coinnounce - Coin Announcements Share Tweet Monero Price Key Highlights for 27 June Monero price is still in exchanging inside its plunging channel regardless of the spike higher. This implies the downtrend is still liable to continue from here, as reflected by specialized pointers moreover. Be that as it may, the mid-channel zone of intrigue is holding misfortunes within proper limits and Monero price is trying stumbling block again. Monero price could continue its downtrend as the channel obstruction is holding however there could be a possibility to break higher. Specialized Indicators Signals The 100 SMA is beneath the more drawn out term 200 SMA to affirm that the easy way out is to the drawback. This essentially implies the selloff will probably continue than to turn around. Additionally, the 100 SMA dynamic enunciation point lines up with the highest point of the channel to add to its quality as obstruction. RSI is as of now moving down to demonstrate that venders have the high ground. Stochastic has additionally advanced down from overbought levels to flag an arrival in offering weight. This may be sufficient to take Monero to the channel bolster at $80 or possibly the mid-channel region of enthusiasm at $100. Price as of late spiked higher yet was not able maintain the increases. On the other hand, the mid-channel zone of intrigue is holding up until this point, flagging that purchasers are as yet endeavoring to set up a battle. XMR/USD Chart from TradingView Monero price 27 june Market Factors Cryptocurrencies are still on the back foot, attributable to late security hacks and expanded oversight in Japan. A week ago, experts in the nation gave business change prerequisites to bitcoin trades to advance up their endeavors to take action against illegal tax evasion and fear based oppressor financing movement. In the mean time, the dollar is drawing support from cooling exchange pressures as the Trump organization will give the CFIUS a chance to assess which remote ventures ought to be confined as far as obtaining or putting resources into US tech organizations. Related Topics:27 junemonero priceMonero price Analysismonero signalsmonero technical analysismonero tradingprice analysisXMRXMRUSD Up Next Bitcoin Cash Price Analysis: BCH/USD Downtrend Continues Don't Miss Bitcoin Price analysis 27 June – Slow Downtrend Continue Reading You may like Bitmain launches cryptocurrency index on BTC.com Bitcoin Cash SV Surging: Can BCHSV price surpass BCHABC? Cryptocurrency Markets show no recovery as Bitcoin still very bearish Dr Doom is back again: This time for Monero XMR Long Term Trading Signals: 28 October XMR Daily Trading Signals: 24 October 1 Comment 1 Comment Pingback: Monero (XMR) Price Watch 27 June – Channel trend – Btc News Magazine Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website #Daily Price Analysis Cryptocurrency Market Cap drops sharply. Is Bitcoin Dead? Published 2 months ago on November 23, 2018 By Nadja Eriksson The cryptocurrency market crash of this year will be remembered throughout the lifetime by the whole community especially the current week. Bitcoin price fell up to $4000 which is the worst fall of the year. The market cap fall The cryptocurrency market capitalization has fallen approximately $700 Billion this year. Talking about the current week after prominent coins fell up to 70% in just a matter of days, analysts are predicting that bitcoin may fall to $3000 this month end if the most major support of $4000 is broken and may even fall up to $2500. Not only bitcoin, but all major altcoins including XRP, Ethereum, and Litecoin, are all experiencing a massive decline in pricing. The market capitalization of cryptocurrencies was around $830 in January this year and now it is only about $140. Share Market is riding on the same boat: The shares markets are experiencing an even worst scenario with over $1.3 Trillion lost in just this week. Major global shares have fallen down including industry giants such as Apple, Goldman Sachs, and General Electric. Bitcoin Hash Wars: Mining at huge losses Both sides of the bitcoin cash hard fork are mining at magnificent losses according to Bitmex, a cryptocurrency derivatives platform who revealed about the same in a tweet: Although the ABC SV split is entertaining, we estimate that SV miners are burning US$280,000 per day mining the SV chain. Assumptions: * S9 miners * Able to sell SV coins at the current spot price ($100) * 5 cent per kWhhttps://t.co/U9hbK4peip pic.twitter.com/ULjwWSI0GA — BitMEX Research (@BitMEXResearch) November 16, 2018 Both the teams – Bitcoin ABC led by Roger Ver and Bitcoin SV led by Craig Wright AKA ‘Faketoshi’ are said to be mining with huge losses amounting to approximately $278,000 and $439,221 per day respectively and which is likely being met by a large amount of BTC sellings. A third team which is being considered as ‘neutral’ known as Bitcoin Unlimited is being led by Andrew Clifford. The hash wars are being considered as a major reason for the start of the cryptocurrency market downfall. Continue Reading #Bitcoin Price Analysis Bitcoin Price Analysis: Will BTC Rise Again? Published 2 months ago on November 17, 2018 By Janet F. Sanchez Bitcoin price improved more than 8% yesterday after the successful bitcoin cash hard fork completion. Bitcoin price fell down from $6500 to a whopping low of $5190 before the BCH hard fork. The price started to experience improvements after the hard fork and went above the $5770 mark but the market could not sustain the bullish momentum for a long time and fell down up to $5555. BTC is currently trading at $5615 (at the time of writing). The bitcoin market volume has decreased and the bull run is expected not before the upcoming week. The support level of the BTC lies around $5598 and the resistance around $5622. Bitcoin price needs to break the resistance level in order to move above the desired $6000 mark. BTCUSD 5 day chart BTC is currently trading at the year’s lowest price range where the traders are worried about further losses. However financial analysts believe that bitcoin price is likely to rise a little at the end of 2018 up to the start of 2019. Traders also believe that 2019 end and 2020 will be the year of a major cryptocurrency bull momentum because of the predicted financial crisis of 2020. Investors and financial analyst believe that people will be forced to move towards assets such as gold and cryptocurrencies with the predicted downfall of the US dollar. BTCUSD 24 hour chart Looking at the 24-hour chart bitcoin price fell down from $5750 up to $5555. The price is currently trying to tackle the bear attack but is experiencing hurdles. Bitcoin price may likely improve up to $5700 today but the major improvement is predicted when the volume increases, most likely next week. Continue Reading #Bitcoin Cash Price Analysis Bitcoin Cash Price Analysis: BCH post fork downfall Published 2 months ago on November 15, 2018 By Janet F. Sanchez MACD – Set in the bullish zone. Relative Strength Index – Cose to the 40 level. Significant Support Level – $360 Significant Resistance Level – $405 Key Points Bitcoin cash price expanded misfortunes and exchanged beneath the $400 level against the US Dollar. There are two key bearish pattern lines set up with resistance at $420 and $450 on the hourly diagram of the BCH/USD pair (information feed from Kraken). The pair stays at a danger of more misfortunes underneath the $360 level in the close term. Bitcoin cash price exchanged beneath the key $400 support against the US Dollar. BCH/USD could amend higher, however, dealers are probably going to show up close $420 or $450. Bitcoin Cash Price Analysis Recently, we examined that bitcoin cash price could broaden misfortunes beneath $400 against the US Dollar. The BCH/USD pair remedied a couple of focuses as of late, yet it neglected to break the $450 resistance. Afterwards, there was a sharp drawback move and the price declined underneath the $420 and $400 supports. A new low was shaped at $360 and the price is currently exchanging admirably beneath the 100 hourly basic moving normal. Right now, the price is solidifying misfortunes around the $380 level. It appears as though the 23.6% Lie retracement dimension of the last slide from the $451 high to $360 low is going about as a resistance. In addition, there are two key bearish pattern lines set up with resistance at $420 and $450 on the hourly outline of the BCH/USD pair. The principal bearish pattern line concurs with the half Lie retracement dimension of the last slide from the $451 high to $360 low. Consequently, the $400-405 zone could forestall gains in the close term. BCH USD 1 day chart Taking a gander at the diagram, Bitcoin cash price could rectify a couple of focuses above $390. Notwithstanding, purchasers are probably going to battle close $400, $405, $420 lastly $450. On the drawback, the following focus for sellers could be $350. Continue Reading Advertisement Advertisement Latest Crypto News #Gambling2 hours ago Bitcoin Still Stays Strong: Gamblers Prove #Scam9 hours ago ICOs Keep Failing: How Not to Fall for a Scam #Blockchain1 day ago Top 10 Friendly Countries for Blockchain Startups #Exchange1 day ago Stock Exchange of Thailand moving towards Cryptocurrency #Bitcoin1 day ago Bitcoin and Dark web: Transactions increasing, Values decreasing #Bitcoin2 days ago Trump Government Shutdown: Impact on Bitcoin ETF, Bakkt and Cryptos. #Bitcoin3 days ago Bitcoin Lightning Network Updates 2019: Advancements and Forecast #Bitcoin4 days ago France Yellow Vests Bank Run: Fractional Reserve Banking Fraud, Is Bitcoin The Real Solution? #SilkRoad4 days ago Ross Ulbricht: Silk Road founder shifted to another high security prison #Blockchain4 days ago 2019 Blockchain Adoption: The Next Cryptocurrency Price Catalyst Altcoins5 days ago Best Tools to track Cryptocurrency Markets: CryptoCompare, CoinMarketApp, CoinGecko #Exchange5 days ago Cryptopia cryptocurrency exchange hacked: Millions Stolen #Ethereum5 days ago Ethereum hard fork vulnerability: Constantinople delayed yet again. #Bitcoin5 days ago Is Bitcoin Mining still Profitable? #Bitcoin6 days ago Gold Investing: Top 5 Ways to Invest in Gold and Why you Should do it? Live Crypto Prices BTCUSDAUDCADEURBitcoin(BTC) 3584.69343333Ethereum(ETH) 117.438390485Bitcoin Cash(BCH) 123.388730611EOS(EOS) 2.3725550481Litecoin(LTC) 31.1975023142TRON(TRX) 0.0249287251Cardano(ADA) 0.0431868885Dash(DASH) 70.0445075882NEM(XEM) 0.0557063125 Trending #Bitcoin4 months ago Bitcoin BTC ETF 101, October 2018 #Bitcoin4 months ago Bitcoin ETF: Latest updates and all you need to know Adoption4 months ago SWIFT will use XRapid to process payments using XRP. Here is the proof #Blockchain5 months ago What is DigixDAO coin? Trade DigixDAO on Blockonix Exchange. #Blockchain6 months ago What is Aeternity Token and its future? Fully Explained. #Blockchain5 months ago What is Mithril coin? Trade MITH on Blockonix exchange. #Blockchain6 months ago What is Maker Token? Fully Explained. Is MKR overpriced? #Blockchain6 months ago Ethereum vs EOS: Which one is the Vanquisher?