Privacycoins
imagine ZCASH upside when it gets a decent run above 50 rsizcash seems to have always pumped wit the rsi low.
the last push up to 300+ popped momentarily above 50 before dropping back below and forming a mild bullish divergence on the monthly
the orange trend line heading up suggest this is just the start of a big run, and breaking up from the wedge would confirm that.
price currently stagnates on the 20ma mid bband, is it privacy coins time?
FIRO - about to start a major bull cycleLooks like this is the final leg of capitulation on $FIRO. the team has been steadily developing for several years regardless of price action. They have now developed some of the best privacy technology is the space and have increased their security and learned from their faults. I think this coin has very limited downside risk potential now at its current price level and has insane upside potential. This coin has been in an accumulation range for 3.25 years now. I expect this to come to an end in the coming weeks and for a major reversal on market structure. Very excited to see FIRO start its first major bull market.
BEAMBTCPrivacy coins has yet to see a run this bull season. Most of them (save for a few, e.g. DERO) are heavily lagging.
Eyeing this set up for BEAM. May take a while, may be never, but this reminds me of the IDEX pump a couple weeks back.
The most undervalued cryptocurrency around Don´t listen to the FUD around cryptocurrencies built on privacy models getting banned and all that...
Even if that may very well be one of the reasons that is keeping the prices rather low, it won´t be able to do so for much longer.
DASH is without the slightest doubt, the most undervalued cryptocurrency at the time of writing this.
There is huge potential and targets for this month reach up to 936 EUR (dedseriouz)
Enjoy & All the Best!
Zcash has a hidden cousin 💎 Noir ($NOR) Looking at the Zcash charts, one can see the magnitude of a properly implemented privacy coin: Zcash is clearly edging up higher and higer as people are either remembering or realizing that privacy coins are very important as a hedge. Nobody wants their portfolio to be caught in a trap caused by government regulations and privacy coins help prevent this. Zcash is and always was critically important with probably the best privacy protocol called zk-SNARKS.
Though they are using two different privacy protocols, there is a somewhat related privacy coin which is completely under the radar called Noir. Calling this out for those looking for a hidden gem. The team is very actively developing and new exchanges are coming online. Take a look noirofficial.org
Financial disclaimer in signature. DYOR.
Good luck.
Privacy ? Sir, yes Sir ! See the chart aboove
Zoom out
&
now ... Zoom in
Take your time & place the bets
Choose bull or bear side wisely
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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XMRUSD 1hr & 1d Charts Looking Healthy; VERY BULLISHFundamentals very strong, despite some exchange delistings
Maintained, and broke out of bullish channel which started June 2020 - trading nicely above long term SMA on Daily, and its being used as resistance on the hourly. Triangle Breakout pattern formed? Im new to this please advise me and critique this :)
Bitcoin, please give privacy a chance! Goverments hate privacy and empowering the people and that is Moneros biggest problem on the market right now.
"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."
coinmarketcap.com
"Monero and other privacy-oriented currencies have concerned regulators targeting illicit activities and money laundering. Exchanges in South Korea and Australia have delisted Monero and other privacy coins due to regulatory pressure. In September 2020, the IRS Criminal Investigation (IRS-CI) division offered up to $625,000 to contractors who can trace transactions or provide statistical probabilities that connect transaction data to specific users in Monero or Bitcoin's Lightning Network. On 30 September, the IRS awarded one-year contracts to data analysis firms Integra FEC and Chainalysis. "
en.wikipedia.org
"How Many Monero (XMR) Coins Are There in Circulation?
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 17,703,471.
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."
coinmarketcap.com
Dash can fall another 36% if it triggers this h&s breakdownprivacy coins being delisted on multiple exchanges could definitely cause this to trigger...could see a small dead cat bounce before that occurs though or possible a fakeout where the h&s pattern just ends up being a bear trap so as always best to wait for confirmation of the breakdown before doing anything here. For the moment probability slightly favors the breakdown though *Not financial advice*
bullish on privacy delistingif there is one thing worth fighting for in life, its privacy
longing this bottom channel when it hits, new world order and people will be craving the $xmr
ZCASH on 🔥Huobi 🔥 Fire Cannon UP!Z Cash is pumping with all the privacy coins and will have a halving event in the next couple of months. I recommended to buy here and then sell before resistance at around 80.
RSI is looking bullish and xmr is also along with many other privacy coins going up.
Load your bag this one looks good
monero pump inbound"IRS has a bounty on anyone who can "break" Monero's privacy. The fact that they have to pay for this just means Monero's code is brilliant. Further makes me bullish on privacy coins if the IRS doesn't like them" - not my quote
break that diag in the next 2 months and keep above that HVN and POC then monero will see some gains
DASH/BTC 12H (Binance) Channel & triangle on supportTA: Digital Cash (renamed Dash only) is facing strong support of parallel channel and symmetrical triangle.
FA: Privacy coins have a bright future in cryptocurrency world like Zcash (ZEC) and Monero (XMR) as I already mentioned few month ago.
Also I would add Komodo (KMD), Pivx (PIVX), Zcoin (XZC), Verge (XVG) and Horizen (ZEN) to the list (in no specific order).
Current Price= 0.007910
Buy Entry= 0.007912 - 0.007452
Take Profit= 0.008540 | 0.009139 | 0.010108
Stop Loss= 0.006824
Risk/Reward= 1:1 | 1:1.7 | 1:2.83
Expected Profit= 11.17% | 18.97% | 31.58%
Possible Loss= -11.17%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 1080h
PRIVACY INDEX OUTPERFORMING BTCAs stated in a previous analysis (linked below), privacy coins are outperformng BTC and all other coin indexes since Marchlows. They are still outperforming, already above the levels before the 12th of June drop. This is an index you can find only on FTX (it has many other indexes worth of be kept in mind and monitored to have a general idea of the overall trends).
This privacy index contains also coins I am not interested in though, so I created my personal Privacy Index, with only ZEC, XMR and DASH (my favourite 3).
As we can see, it shows the same pattern we noticed for monero. It seems to be ready for a breakout of the triangle.
6 months till #ZCASH halving. Leaning BULLISH. I see a similar bottoming/accumulation structure as the big dump since genesis and huge mark up phase after.
Only difference is a longer time frame needed to leave this current huge range.
Current structure
I esp like the volume spikes early this year. Usually very early signs of bullishness.
2016/2017 bottoming structure
I believe anywhere from sub $20 to $50+ range is a strong buy. Please do note that this is a high risk play based on the current COVID-19 situation.
A price drop in any situation below $21/22 range will be worrying & I will consider getting out of the whole position.
I'm not gonna throw in any price targets yet, but you should know that Zcash is the leading privacy coin of the whole cryptospace. It's halving is not to be missed.
XMR - 2nd leg up? Scanning through Privacy coins again, XMR got our attention. Breaking past a tough resistance followed by a short breather (with declining volumes) hints towards a 2nd leg up which is definitely worth a shot.
Exact levels on the chart.
DCR/BTC BREAKING out of the long-term downward channelFUNDAMENTALS:
DCR released its PRIVACY recently: twitter.com
Which is major news, it means that ZCash and Monero have a new competitor now.
But unlike Monero/ZCash, DCR also has proper decentralized stakeholder-ran governance.
They are using the stakeholder governance to elect a Market Maker now which could solve their liquidity problems.
TECHNICALS
What we've been waiting for a long time finally happened: the breakthrough the downward channel on Binance DCR/BTC chart.
This signals a possible reversal of long term trend. Please see my other chart (related idea) to see where I think it could be headed
Decred is a top 5 cryptocurrency so this is a major information asymmetry, to be holding it now. The market is massively underpricing it