MONERO: WILL HE STAY OR WILL HE GO?
Updated
Monero (XMR) faces resistance around $186-$190 which was the recent high set on 10 January. We went long XMR/USD in November 2019 and are currently +224%. However, we believe that we are only getting warmed up with XMR/USD.
We have seen Signal attracting users from WhatsApp recently. We see private money out-competing surveillance money in the future. We remain bullish on Monero.
XMR/USD is 66.8% from its all time high in December 2017. This is a great opportunity to get exposure to the finest cryptocurrency in the market. Monero is private, fungible, and a Proof of Work (PoW) digital currency.
Do your own Proof of Work research!
We have seen Signal attracting users from WhatsApp recently. We see private money out-competing surveillance money in the future. We remain bullish on Monero.
XMR/USD is 66.8% from its all time high in December 2017. This is a great opportunity to get exposure to the finest cryptocurrency in the market. Monero is private, fungible, and a Proof of Work (PoW) digital currency.
Do your own Proof of Work research!
Note
That worked out well. XMR/USD burst through resistance and is now trading at $258. We are +352% and bullish AF!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.