Monero

Get Monero (XMR) all time high price, historical charts, latest news and other information.

Monero rebounded from recent losses on Tuesday, as the token attempted to recapture recent highs. The move comes as U.S. markets reopened following a public holiday on Monday. Polkadot also moved higher in today’s session, snapping a two-day losing streak.
Monero (XMR)
Monero (XMR) rebounded on Tuesday, as the token moved back towards a recent seven-month high.
Following a low of $165.77, XMR/USD raced to an intraday peak of $173.28 earlier in today’s session.
Today’s move saw monero bounce from its support at $165.00, and climb towards a resistance of $175.00.

As of writing, the token remains below this ceiling, currently trading at the $172.65 level.
Should this hurdle be overcome, XMR bulls will likely attempt to recapture last week’s peak of $187.20.
In order for this to happen, the relative strength index (RSI), which is currently tracking at 68.71, will need to move back towards the 80.00 mark.

Polkadot (DOT)
Polkadot (DOT) snapped a two-day losing streak on Tuesday, with prices nearing a two-month high.
DOT/USD hit a high of $6.07 earlier in today’s session, which comes less than 24 hours after trading at a low of $5.66.
As a result of Tuesday’s surge, DOT moved to a ceiling at $6.10, and closer to Saturday’s high of $6.51.

Looking at the chart, the rebound came as the 14-day RSI also bounced from its own support point at 72.45.
Currently, the index is tracking at 74.88, with a ceiling at the 82.00 mark a possible target for buyers.
As of writing, DOT has given up earlier gains, and is trading at $5.97.
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Will polkadot climb above $6.51 this week? Let us know your thoughts in the comments.



Monero rebounded from recent losses on Tuesday, as the token attempted to recapture recent highs. The move comes as U.S. markets reopened following a public holiday on Monday. Polkadot also moved higher in today&#x2019;s session, snapping a two-day losing streak. Monero (XMR) Monero (XMR) rebound...

news.bitcoin.com

Biggest Movers: XMR, DOT Move Higher, Rebounding From Recent Declines

The Monero price has rallied over the past week since the broader market recovered. Over the last 24 hours, XMR was consolidating despite its weekly gains. The coin traded laterally over the past few sessions before it started to dip on its chart.
As momentum halted recently, it is still uncertain whether XMR will resume its upward price movement. The technical outlook of the coin continued to side with the bulls despite lateral trading.
Accumulation remains high on the chart despite a downtick in demand over the last trading sessions. Monero also displayed overbuying tendencies, and the recent fall in the asset’s value could be tied to a price correction.

The altcoin can prevent considerable loss if Monero stays above its immediate support line. The market capitalization of Monero declined slightly, meaning that the coin encountered selling in the past trading sessions. At the current price, the coin was trading at 70% low than its all-time high secured in 2021.
Monero Price Analysis: One-Day Chart

XMR was trading at $166 at press time. Over the last week, the coin secured gains and pierced through various resistance lines. The coin crossed the $157 resistance line and flipped it into a support zone for itself.
Monero was trading on an ascending trendline (white), typically characterized by a breakout, either on the upside or the downside. Over the last 24 hours, XMR diverted from the trendline and fell on its chart.
This could imply that the coin will depreciate and rest at $163, then drop to $157 before rising again. For Monero, there was stiff resistance at $169, which is why the coin could not move past it.
The resistance above the line has not been breached since July last year. The amount of Monero traded in the previous session was red, indicating that the coin experienced some selling.
Technical Analysis

Although XMR noted a slight downtick in demand, sellers were minimal compared to buyers. The Relative Strength Index (RSI) was still above the 70 mark. This indicated that the asset was overbought, which means that a price correction for Monero was on its way.
Depicting bullishness, XMR was above the 20-Simple Moving Average line (SMA), indicating that buyers were driving the price momentum in the market. XMR also rested above the 50-SMA (yellow) and 200-SMA (green) lines.

Per the increase in accumulation, the technical outlook depicts buy signals. The Moving Average Convergence Divergence (MACD) reads the price momentum and trend reversals. MACD formed green signal bars, but the last bar declined in height. This ideally means that the price is expected to fall.

The Chaikin Money Flow indicates capital inflows and outflows; the indicator was above the half-line, reflecting increased institutional interest. Monero has been on the list of well-performing assets as the broader industry continues its recovery. Still, the chance of a price correction remains on the charts.



The Monero price has rallied over the past week since the broader market recovered. Over the last 24 hours, XMR was consolidating despite its weekly gains. The coin traded laterally over the past few sessions before it started to dip on its chart. As momentum halted recently, it is still uncertai...

newsbtc.com

Monero Has Been On A Bullish Run But Will The Momentum Hold?

Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was mostly higher, as it rose to a multi-week high.
Monero (XMR)
Monero (XMR) surged to a two-month high of $158.11 earlier in today’s session, which came prior to the release of December’s U.S. nonfarm payrolls report.
However, following the report, which showed that 223,000 jobs were added to the U.S. economy, the token fell to a low of $151.90.
Initially the surge in price came as XMR broke out of a resistance level at $155.00, however as of writing, it is once again below this point.

Looking at the chart, XMR/USD also moved lower as the 14-day relative strength index (RSI) moved lower.
The index is currently tracking at the 61.37 level, which is marginally below a key resistance level of 70.00
Typically, the 70.00 level is an area where price is overbought, and this seems to have been used by bears as a perfect point of reentry.

Cardano (ADA)
Cardano (ADA) was another notable gainer in Friday’s session, as it surged to a multi-week high.
ADA/USD raced to a peak of $0.2756 earlier in the day, and this comes less than 24 hours after trading at a low of $0.2651.
Today’s rally sent ADA to its strongest point since December 16, prior to prices consolidating during the holiday period.

As can be seen from the chart, today’s move also saw ADA break out of a key price ceiling at $0.270, and the asset continues to trade above this point.
In addition to this, the RSI of 14 days is hovering above a resistance point of its own at 50.00, and is currently tracking at a reading of 50.90.
Should this bullish momentum continue to move in an upward position, then ADA bulls will likely target a move above the $0.280 point.
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Could we see today’s payrolls report cause further bearish sentiment this weekend? Let us know your thoughts in the comments.




Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was mostly higher, as it rose to a multi-week high. Mo...

Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains

A top executive of peer-to-peer crypto exchange platform Paxful says that three popular crypto assets will not be added to its marketplace.
Paxful co-founder Ray Youssef says that he will not list smart contract platform Cardano (ADA), privacy-focused crypto asset Monero (XMR), and Bitcoin (BTC) alternative Litecoin (LTC).

According to Youssef, it would be “uncivilized” to add these digital assets alongside Bitcoin and stablecoins, which Paxful already supports.
 “I am not adding Litecoin, Cardano or Monero. We have bitcoin and stables, to add the rest would be uncivilized.”
Youssef’s announcement comes just a few days after delisting Ethereum (ETH), the second-largest crypto asset by market cap, saying that the top altcoin is essentially just another form of fiat currency.
Youssef goes on to defend his actions from the criticisms of those who say that being against fiat currency but listing stablecoins is hypocritical as stablecoins are traditionally pegged to government-issued fiat dollars.
According to the co-founder, stablecoins greatly help those living in harsh economic conditions.
“Anyone calling me a hypocrite for supporting stables and removing eth is living in a smarmy tech bubble and has never once listened to a single human in the global South about their daily struggles with economic apartheid. Your tech and technicalities mean nothing. Humans first!” 
Though Youssef only lists BTC and stablecoins on Paxful, he says he’s not a Bitcoin maximalist, but rather, a BTC “optimalist.”
“I am a Bitcoin optimalist, not a maximalist. I am not a fanatic and don’t worship tech. I serve the people and put tech to use where it can help best. Other projects have value but we need all possible momentum behind one clearing layer NOW and that is Bitcoin. This is the way.”
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Featured Image: Shutterstock/Pavel Chagochkin/Mingirov Yuriy/mbezvodinskikh/WindAwake
The post Cardano, Litecoin and Monero Will Not Be Added to Crypto Marketplace Paxful, Says the P2P Platform’s Founder appeared first on The Daily Hodl.


A top executive of peer-to-peer crypto exchange platform Paxful says that three popular crypto assets will not be added to its marketplace. Paxful co-founder Ray Youssef says that he will not list smart contract platform Cardano (ADA), privacy-focused crypto asset Monero (XMR), and Bitcoin (BTC) ...

dailyhodl.com

Cardano, Litecoin and Monero Will Not Be Added to Crypto Marketplace Paxful, Says the P2P Platform’s Founder

Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher on the news, as it extended recent gains.
Ethereum Classic (ETC)
Ethereum classic (ETC) rose for a second straight day on Wednesday, as markets responded to better-than-expected U.S. consumer confidence data.
Today’s figures, which were initially expected to come in at 101, came in higher than anticipated, with a reading of 108.3 in December.
As a result of today’s data, ETC/USD raced to a peak of $16.64 earlier in the day, which is nearly 5% higher than Tuesday’s low at $15.59.

Looking at the chart, the move came as price continued to move away from Monday’s bottom of $14.74, which was the lowest point ETC had hit since July.
The surge coincided with the 14-day relative strength index (RSI) climbing from a floor of its own at 28.00, and it is currently tracking at 37.61.
The index now seems set to collide with a resistance at 41.00, which could mean that prices will begin to decline.

Monero (XMR)
Monero (XMR) was another notable gainer in today’s session, as prices surged for a fifth straight day.
Following a low of $146.31 on Tuesday, XMR/USD surged to an intraday high of $148.16 earlier in the day.
Wednesday’s move now puts monero at its highest point since Friday, with the token closing in on a resistance level at $150.00.

From the chart, the move comes as the RSI rose above a resistance level of 54.00, and it is currently tracking at 55.88.
Despite recent bullish sentiment, the 10-day (red) moving average now looks set to crossover with its 25-day (blue) counterpart.
Should this move take place, then XMR will likely move towards a floor around the $139 region.
Register your email here to get weekly price analysis updates sent to your inbox:
Could bullish momentum continue throughout the week? Let us know your thoughts in the comments.




Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher on the news, as...

Monero price	$186.20
Low - High 24H	$182.32 - $186.78
Market cap	$3.39B
Volume 24H	$81.25M
All time high	$542.33 -65.66% January 9th 2018
All time low	$0.216177 86045.66% January 14th 2015
Genesis date	N/A

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