Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Monero has traded within a range since mid-September XMR is poised for a breakout, but a pullback could also materialize Monero has traded within a range between $152 and $136 since September. Technical indicators […]
highlighted the bearish signals that Monero flashed in recent weeks. For instance, the transaction count decreased in September but saw a recovery in October.The price action showed XMR approached the highs of a near two-month range. This region of resistance was one that XMR bulls have struggled to crack since late September.
Together, these findings showed that the market began to show some bullish intent in the past few days. However, the trading volume has been average in recent weeks. If the price climbed past $156 without a surge in volume, it could be an early indication of a failed breakout.Santiment data showed funding rate was positive in recent days for XMR. At press time, it entered negative territory.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
![Monero [XMR] traders, going short, have better luck this time- Here’s why](https://i.headtopics.com/images/2022/11/2/cryptoamb/monero-xmr-traders-going-short-have-better-luck-th-monero-xmr-traders-going-short-have-better-luck-th-1587709344422002688.webp?w=640)
Monero [XMR] traders, going short, have better luck this time- Here’s whyMonero [XMR] just concluded October with a bullish performance that pushed it back to its 4-week support level. Unfortunately for buyers, the upside might not last so long, especially considering the bearish signals Monero is currently flashing. Here’s AMBCrypto’s price prediction for Monero (XMR) XMR managed to rally by as much as 10% in the […]
Read more »
Rare Pikachu, Kobe’s sneakers, and a hidden vault guards it all - Terrace Standard$200 million in collectibles are stored in two vaults inside a Delaware building
Read more »
Here’s how to apply for Ontario’s $250 COVID ‘Catch up’ payments for studentsParents and guardians can receive a $200 or $250 payment per student. Here’s who’s eligible and how the application process works.
Read more »
Peabody approves $140m redevelopment capital for Australia coal mineUS-based coal miner Peabody Energy has begun initial steps to redevelop its North Goonyella mine – a hard-coking coal longwall operation in Australia with more than 70-million tons of reserves. The company on Thursday announced an initial $140-million of redevelopment capital budget for further ventilation, equipment, conveyors and infrastructure updates in anticipation of reaching development coal – subject to regulatory approvals – in the first quarter of 2024.
Read more »
J.P. Morgan performs its first DeFi cross-border transaction, details insideThe American multinational investment bank JP Morgan on 2 November completed its first-ever decentralized finance (DeFi) on-blockchain cross-border transaction. It is a part of the Project Guardian initiated by Singapore’s central bank, the Monetary Authority of Singapore (MAS). The transaction was completed on Ethereum layer-2 network Polygon using a modified version of AAVE protocol’s smart […]
Read more »