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Privacyseason

XMR/BTC - Previous Resistance Acting as SupportQuick Idea. "Monerun", or coordinated mass withdrawals, clearly hit exchanges where it hurt. Monero quickly began to outperform the market during the week of the event. A retrace is expected, although many thought we would surpass $300 before seeing it, hindsight is 20/20 and it's clear this IS the retrace. This could prove to be a great place to buy in if this previous resistance holds as support. Otherwise, I'd expect a move down to 0.0048. Considering we were < 0.004 at the beginning of the year, I think this all still within healthy bullish macro behavior and monero will end the year strongly.
Long
by chickenboye
Can privacy crypto's be a hedge for crypto regulation season?Throughout time we have seen how privacy tokens demand have raised with regulation fundamentals from governments. this phenomenon usually takes place as certain crypto investors rush to privacy coins such as Monero (XMR) to avoid any problems arising from any regulations on cryptos. In the charts above you can see how Monero has declined to its major support and is currently trapped within a bullish diamond bottom prior to making a bullish swing. The risk to reward ratio from this three-drive Setup is extraordinary as a swing to the midline of the channel and or the top of the channel gives us a great risk to reward ratio. For BTC Roadmap and its effects on alt's view BTC chart below. "We are in crypto to remain cryptic." S.S
KRAKEN:XMRUSDLong
by Zivul33
7
Zcash vs Bitcoin must avoid the 1D Death Cross!Zcash is an implementation of the Decentralized Anonymous Payment scheme Zerocash, with security xes and improvements to performance and functionality. It bridges the existing transparent payment scheme used by Bitcoin with a shielded payment scheme secured by zero-knowledge succinct non-interactive arguments of knowledge (zk-SNARKs). It attempted to address the problem of mining centralization by use of the Equihash memory-hard proof-of-work algorithm.
Long
by noam_chom