[XMR] Monero Speculation

[btcdiggingmaster]

Is there any chance that Monero will be rise again? I think monero is falling apart again into crisis level i hope not when i look that graph this morning its rising hope it will continue rise so that i can sell with this coin and made up some good profit i need money atm.

Chances are there because market capitalization is kept increasing with XMR, lot of people have complete hope on this like bitcoin.
The are many people who hold the coin for their 2X and 3X returns on the Monero Investment, let's hope best returns from this coin.

[Febo]

The new $20 XMR peg, just like the LTC $4 peg.

Yes seems Monero is a new LTC.

[infofront]

Is there any chance that Monero will be rise again? I think monero is falling apart again into crisis level i hope not when i look that graph this morning its rising hope it will continue rise so that i can sell with this coin and made up some good profit i need money atm.

Mee too, I'm really hoping that monero will increase anytime soon. 

You guys must be new here. Just drink a couple glasses of wine and relax.

[Globb0]

Here we go, is this going to be more positive now? we went bottom in on the 4hr nicely but not quite the 12hr.    may do a little bounce similar bottom and up. Wha hey! come on old girl. 

[BitcoinNewsMagazine]

Switch to a daily chart and watch for RSI to dip below 30

[cryptimus prime]

Switch to a daily chart and watch for RSI to dip below 30

You want to wait till the daily RSI is low and buy then because in the past it was sure that from this point on XMR would go up. But others know this too and will place buy orders before that happens to be sure not to miss the elevator.

[BitcoinNewsMagazine]

Switch to a daily chart and watch for RSI to dip below 30

You want to wait till the daily RSI is low and buy then because in the past it was sure that from this point on XMR would go up. But others know this too and will place buy orders before that happens to be sure not to miss the elevator.

Perhaps, but RSI is still a good indicator to watch. The daily chart shows an obvious downtrend now, Monero is in a corrective phase of a bull market. Lower lows and lower highs. The RSI can give a clue as to trend change. Once a bottom is in place and XMR/BTC price clearly is rising again just buy on a pullback. I find charts shorter than one day are not good for my trading, too much noise. I don't care what the USD price is. The time to buy Monero is when XMR/BTC is in an uptrend. 

[cryptimus prime]

Perhaps, but RSI is still a good indicator to watch. The daily chart shows an obvious downtrend now, Monero is in a corrective phase of a bull market. Lower lows and lower highs. The RSI can give a clue as to trend change. Once a bottom is in place and XMR/BTC price clearly is rising again just buy on a pullback. I find charts shorter than one day are not good for my trading, too much noise. I don't care what the USD price is. The time to buy Monero is when XMR/BTC is in an uptrend.  

I would like to add: We are very near to the "end of the downtrend in XMR/BTC", one can play around near the bottom, but Monero has always shown sudden peaks in the past. This can mean for hodlers and those who value the XMR technology above the other cryptos the loss of precious XMR. For traders it is "just" missed profit.

Although the XMR/USD pair is not traded with high volume I would not discard it, we move there in the range between (tighter) Bollinger bands on the daily chart and right now we could see an upswing again. Do not forget that the XMR bearish trend is also just a result of BTC going up, while it remains stable in fiat. Combine this with the low RSI on BTC/XMR coming soon and the support lines on the daily chart and you have a better picture then with RSI alone.

I would also like to add that some updates are also around the corner as is the coinbase implementation of XMR which cannot be calculated into the price as it will influence the price additionally to the speculation once it is done. The XMR community shows continous and accelerating growth, the numbers of reddit subscribers is just one of them. Also I think a lot of XMR investors have realized after the recent pump of ETH where the price of XMR could be in already 1 or 2 years, clearly above 50 or 100 USD, so more and more are long term hodling.

I just know when the bottom is in I will change all my ETH to XMR as could others too.

[kc.]

What is so special about XMR? It's anonymous... ok what else? Curious.

[CoinCidental]

Monero is still over $21 - it's holding value fine for me and has been for ages.

Expecting it to go up while BTC moons is not realistic.   If you have both BTC and Monero, you're fine.  Just be glad you're not in Dash

Is that $21 in Canadian Dollars or something? LOL... showing $19.65 here now, on CoinMarketCap.  But yeah agree in general.

All during this "decline" it's only today, I think, that it finally dipped below the $20 holding point it's been on so strong recently.

So seems price in BTC is "going down" only mostly because BTC is going UP. 

If you're a day-trader (ahem "gambler") looking to generate bitcoin profit by jumping in & out of the latest hot altcoin Pump & Dump?

Then yeah that matters I guess.

But IF you're buying this technology for the long-term world-changing effect it will have?  Probably not so much to worry about.

Oops!  Seems Monerohow follows Finex prices for BTC - sorry:

https://www.monero.how/

But I am still not concerned - just buying what I can (although I don't want to cash in BTC to do so, obviously)

the bitcoin price listed there actually says poloniex beside it ,maybe they changed the API ?
why would polo be higher than bfx anyway ?

[StarrManUK]

What is so special about XMR? It's anonymous... ok what else? Curious.

Nothing but there is a bunch of sheep that love it despite this.

[bitwolf]

What is so special about XMR? It's anonymous... ok what else? Curious.

It washes your dishes, fights ISIS and can peel off your fruits so you can enjoy life while all other coins incl. btc take care of your privacy.

[rcmiranda01]

Is there any chance that Monero will be rise again? I think monero is falling apart again into crisis level i hope not when i look that graph this morning its rising hope it will continue rise so that i can sell with this coin and made up some good profit i need money atm.

Mee too, I'm really hoping that monero will increase anytime soon. 

You guys must be new here. Just drink a couple glasses of wine and relax.

Yeah. I'll probably do that. Let's enjoy the ride.

[CoinCidental]

What is so special about XMR? It's anonymous... ok what else? Curious.

Nothing but there is a bunch of sheep that love it despite this.

someone needs to do some reading .......and comprehending what you read is the next step after that ......

shorting xmr is a mugs game btw,but good luck anyways

[kurious]

Monero is still over $21 - it's holding value fine for me and has been for ages.

Expecting it to go up while BTC moons is not realistic.   If you have both BTC and Monero, you're fine.  Just be glad you're not in Dash

Is that $21 in Canadian Dollars or something? LOL... showing $19.65 here now, on CoinMarketCap.  But yeah agree in general.

All during this "decline" it's only today, I think, that it finally dipped below the $20 holding point it's been on so strong recently.

So seems price in BTC is "going down" only mostly because BTC is going UP.  

If you're a day-trader (ahem "gambler") looking to generate bitcoin profit by jumping in & out of the latest hot altcoin Pump & Dump?

Then yeah that matters I guess.

But IF you're buying this technology for the long-term world-changing effect it will have?  Probably not so much to worry about.

Oops!  Seems Monerohow follows Finex prices for BTC - sorry:

https://www.monero.how/

But I am still not concerned - just buying what I can (although I don't want to cash in BTC to do so, obviously)

the bitcoin price listed there actually says poloniex beside it ,maybe they changed the API ?
why would polo be higher than bfx anyway ?

The XMR/ BTC rate? That comes from Polo.  It's the BFX BTC/USD rate that raises the XMR value - if they took Stamp's BTC/USD rate the XMR/USD value would be lower.

[kurious]

What is so special about XMR? It's anonymous... ok what else? Curious.

Nothing but there is a bunch of sheep that love it despite this.

3 posts after four years dormant - odd.  But talking your book here is surely pointless when your investments appear to be elsewhere

NEM is waking up and would be a worthy $1bil cap coin.

[dranster]

XMR is becoming ded. We can all short this piece of shit and send it back to the real price at 0.0015

XMR is not even anonymous anymore and just like any other coin example NSR or DIEM. Time for polo to delist this scamcoin

[StarrManUK]

What is so special about XMR? It's anonymous... ok what else? Curious.

Nothing but there is a bunch of sheep that love it despite this.

3 posts after four years dormant - odd.  But talking your book here is surely pointless when your investments appear to be elsewhere

NEM is waking up and would be a worthy $1bil cap coin.

I'm just getting back into Crypto, I could be wrong but the Monero community seems to have an unhealthy and ungrounded amount of faith in the coin that's all.

[drawingthesun]

XMR is becoming ded. We can all short this piece of shit and send it back to the real price at 0.0015

XMR is not even anonymous anymore and just like any other coin example NSR or DIEM. Time for polo to delist this scamcoin

Haha, oh how I miss the well constructed argument, "everything is scamcoin, scamcoin!!! scamcoin!"

XMR is becoming ded. We can all short this piece of shit and send it back to the real price at 0.0015

Isn't development alive and well? This coin doesn't seem dead to me.

[whap]

I'm just getting back into Crypto, I could be wrong but the Monero community seems to have an unhealthy and ungrounded amount of faith in the coin that's all.

And other crypto communities don't?  

Here's a hint: Read about Hidden Champions. All of them have one basic thing in common -> specialisation.
Monero specializes on one simple (complex) thing: Being eCash. Nothing more, nothing less. And it works already remarkably well.

Maybe the amount of faith people put in XMR is actually a healthy and grounded sign of awareness.