◳◱ A Resistance Breakout and Confirmation has been detected on the XMR / USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 159.7 | 169.6 | 193.3, and the major support zones can be found at 136 | 122.2 | 98.5. Consider entering a trade at the current price zone of 148.6 and targeting higher levels.
◰◲ General info: ▣ Name: Monero ▣ Rank: 26 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex ▣ Category/Sector: Payments - Currencies ▣ Overview: Aimed at privacy-preservation and fungibility, Monero is a Bytecoin code fork providing anonymous value transfer through ring signatures, stealth addresses, confidential transactions, and bulletproofs. Monero offers anonymity by default in contrast to the optional privacy preserving functionalities of its peers. In pursuit of decentralization Monero continually changes its proof-of-work algorithm in order to prevent ASICs from dominating and centralizing the mining process.
◲◰ Sharpe Ratios: ▣ Last 30D: -0.97 ▣ Last 90D: 0.34 ▣ Last 1-Y: 0.13 ▣ Last 3-Y: 0.84 ◲◰ Volatility: ▣ Last 30D: 0.55 ▣ Last 90D: 0.50 ▣ Last 1-Y: 0.78 ▣ Last 3-Y: 0.96
◳◰ Market Sentiment Index: ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.55 - Bullish ▣ Reddit sentiment score is 0.79 - V. Bullish
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