While the general market traded sideways in the last week, Monero [XMR] witnessed a price rally that caused the privacy coin to exchange hands at a one-month high.
Read Monero [XMR] Price Prediction 2023-24
Trading at $165.35 at press time, XMR’s value jumped by 7% in the last 30 days. On a year-to-date, XMR’s price has gone up by double digits, per data from CoinMarketCap.
Increased XMR accumulation in the past two weeks launched the coin into a new bull cycle on 12 March, since which its price has grown by 17%.
With the Moving average convergence/divergence (MACD) line facing north and resting on the trend line, the bull cycle was underway at the time of writing and was poised to continue.
The Aroon Up Line (orange), in an uptrend at 100%, lent credence to the strength of the current bullish trend in the XMR market. When an asset’s Aroon Up line is close to 100, the uptrend is strong, and the most recent high was reached relatively recently.
Is your portfolio green? Check the XMR Profit Calculator
Conversely, XMR’s Aroon Down Line was pegged at 21.43% at press time. Generally, when a coin’s Aroon Down line is close to zero, the downtrend is weak, and the most recent low was reached long ago.
Further, an assessment of the alt’s price movements on a daily chart showed the short-term 50-day SMA resting above the long-term 200-day SMA.
This golden cross is generally considered an indication of an upward trend. Moreso, XMR’s price traded above the moving averages at press time, which is also read as a bullish signal.
As expected, the surge in XMR accumulation placed the buyers in control of the market at press time. As a result, the Positive Directional Index (green) at 21.76 was solidly positioned above the Negative Directional Index (red) at 15.09.
This suggested that buyers’ strength exceeded the sellers’ in the current XMR market.
Source: XMR/USDT, TradingView
Interestingly, despite the unwavering price growth in the last month, some traders remained cautious and chose to bet against any further rally in XMR’s price, on-chain data revealed.
According to Coinglass, XMR’s funding rates have been mostly negative for most of March.
Source: Coinglass
However, these traders have been plunged into losses as the alt’s price increases. A look at XMR liquidation data showed that the last two weeks have been marked mostly by short liquidations.
Source: Coinglass
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marcushenderson624
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robertalfred175
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14.10.25 08:46
robertalfred175
CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
14.10.25 08:46
robertalfred175
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18:07
crypto
Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.