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Cryptonight

17000s by October 2023BTC is showing signals that the B-wave of its corrective phase has completed and it will be starting its C-wave to complete the structure. The C wave will take it to new lows in 2024, this idea projects the first leg down to kick off the C-wave. Initial target 17793 by 10/10/2023 The breakdown level was 27791, so as long as it stays below that I am expecting it to continue down along the black trajectory. A break above could open the door to 37k as a best case for bulls. On the way to 17000s it needs to breakdown 24-25k. This is bearish people.
BINANCE:BTCUSDShort
by JerryManders
23
Setup to attempt bounce to 32kSee my bigger picture idea for BTCUSD, linked. This is just a smaller scale idea that suggests potential to make a run to 26.7k en route to 32k before (likely) beginning final wave down to ~14k. I kept this pretty simple the chart should speak for itself, its just a local scenario. stochRSI and RSI indicating bounce, local structure indicating bounce, albeit likely of the deceased cat variety. Solid yellow path most likely, dashed yellow alt. late.cryptonight
GEMINI:BTCUSD
by JerryManders
XMR (Monero) Coin Analysis 01/04/2022Fundamental Analysis: Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography. The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are. Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship. There are several things that make Monero unique. One of the project’s biggest aims is achieving the greatest level of decentralization possible, meaning that a user doesn’t need to trust anyone else on the network. Privacy is achieved through a few distinctive features. Whereas each Bitcoin in circulation has its own serial number, meaning that cryptocurrency usage can be monitored, XMR is completely fungible. By default, details about senders, recipients and the amount of crypto being transferred are obscured — and Monero advocates says this offers an upper hand over rival privacy coins such as Zcash, which are “selectively transparent.” Obfuscation is achieved through the use of ring signatures. Here, past transaction outputs are picked from the blockchain and act as decoys, meaning that outside observers can’t tell who signed it. If Milo was sending 200 XMR to Meli, this amount could also be split into random chunks to add a further level of difficulty. To ensure that transactions cannot be linked to one another, stealth addresses are created for every single transaction that are only used once. All of these distinctive features have led to XMR being increasingly used for illicit transactions instead of Bitcoin — especially on darknet markets. Governments around the world, especially the U.S., have also offered hundreds of thousands of dollars to anyone who can crack Monero’s code. One of Monero’s main goals has to prevent centralization — and this network uses a consensus mechanism called CryptoNight, which is based on proof-of-work. This prevents large mining farms from becoming a dominant force. Seven developers were initially involved in creating Monero — five of whom decided to remain anonymous. There have been rumors that XMR was also invented by Satoshi Nakamoto, the inventor of Bitcoin. XMR’s origins can be traced back to Bytecoin, a privacy-focused and decentralized cryptocurrency that was launched in 2012. Two years later, a member of the Bitcointalk forum — only known as thankfulfortoday — forked BCN’s codebase, and Monero was born. They had suggested “controversial changes” to Bytecoin that others in the community disagreed with and decided to take matters into their own hands. It’s believed that hundreds of developers have contributed to XMR over the years. Monero is slightly unusual as a token sale wasn’t held for XMR — and no tokens were premined either. At the time of writing, the circulating supply of XMR stands at 18,101,020.00. This cryptocurrency is designed to be resistant to application-specific integrated circuits, which are commonly used for mining new Bitcoin. In theory, this means that it can be possible to mine XMR using everyday computing equipment. Overall, there will eventually be a total of 18.4 million XMR in circulation — and this cap is expected to be reached on May 31, 2022. After this, miners will be incentivized using “tail emissions,” with a small amount of XMR being fed into the system every 60 seconds as a reward. It is believed this approach is more effective than relying on transaction fees. The current CoinMarketCap ranking is #40, with a live market cap of $3,870,661,805 USD. It has a circulating supply of 18,101,020 XMR coins and the max. supply is not available. The Market Cap Technical Analysis of Monero (XMR): Technical Analysis: There exist Bullish Divergence of Total Price Value and MACD which is the sign of bearish trend reversal and start of the new Bullish trendm which may lead to the new economical cycle. There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points . We have Drown the Fibonacci retracement levels From 0 to ATH. The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally. Currently the Price Value is at 61.8% Fibonacci retracement level; it means it has broken the resistance level and had rechecked it backed and it has been Proved to be the support area . Probably we may not again see the 78.6% Fib or bellow... Our Past Analysis for this Asset Acquisition: Initial Asset Acquisition: Treasury Addition:
XLong
by BitonGroup
$IOTA price dives 15% due to cryptographic vulnerabilities IOTA Price Dives 15% Following Revelation of Past Cryptographic Vulnerabilities medium.com we might see another dive to the next support level... Disclaimer The information is not intended as and does not constitute investment advice to any person. The information here should not be construed as any endorsement, recommendation or sponsorship of any company or crypto. There are inherent risks in relying on, using or retrieving any information found here, and I urges you to make sure you understand these risks before relying on, using or retrieving any information on my posts. You should evaluate the information, and you should seek the advice of professionals, as appropriate, to evaluate any opinion, advice, other information. If you find this it useful, appreciate if you donate your BTC to 18Juo1Wn6ydx5U9wExNUMzruYZFATjT2Db
BITFINEX:IOTUSDShort
by Piraiee
2