Monero Coin Climbs 6% In Last 3 Days – Bullish Activities Seen For XMR

Monero (XMR), an open-source cryptocurrency first focusing on privacy and decentralization, managed to initiate a price pump despite the greater majority of crypto space struggling to get out of the red zone. Monero managed to bounce back twice from its support range of $134.5 XMR remains “in the green” for its intraday, weekly and monthly price readings A surge all the way to $171 is possible for Monero if it moves past its current resistance range The altcoin, for the past few days, has been on a consistent price increase, seeing all-green on its hourly, intraday, weekly and monthly levels.

Timeline of Monero

The Monero (XMR) price is expected to break out from its current pattern as long as it stays above the $135.3 support area. The post Privacy Coins: Monero (XMR) and Zcash (ZEC) Corrective Patterns Point to Bullish Breakouts appeared first on BeInCrypto.

The Monero coin rising for three consecutive days, registered a 5% price rally. This bullish rally, backed by increasing volume activity, indicates the buyers are confident about gaining higher levels.

XRM price breaks down into a ranging channel as price failed to break above resistance, holding price from trending higher.  XRM trades below 50 and 200-day Exponential Moving Average as the price struggles to regain bullish signs as the price continues ranging in a descending triangle.

An unidentified spammer has wreaked havoc with Zcash node operators by filling transaction blocks with myriad shielded transaction outputs. The post Are Monero Developers Behind the Latest Zcash Attack?

Monero recently announced an upgrade that can easily be dismissed as another run-of-the-mill security update. A deeper dive, especially in regards to the reason behind the upgrade reveals that it is an important upgrade for security future-proofing.

Global crypto exchange Huobi Global (HT/USD) has announced its delisting of several privacy coins, some of them very popular and widely adopted across the ecosystem, according to the latest in crypto news from the company .

Huobi, one of the world's leading crypto exchanges, has announced that it will delist seven seven privacy tokens in order to achieve compliance with tightening financial regulations.

Huobi Global has unveiled its plans to delist privacy tokens, counting Monero (XMR), Dash (DSH), Decred (DCR), Firo (FIRO), Verge (XVG), Zcash (ZEC) and Horizen (ZEN) as the digital assets that will be affected.

Introduction With hundreds of different currencies available, cryptocurrencies are the way of the future for trade. Youth are particularly interested in cryptocurrencies more than anyone else due to their volatility and inherent danger.

A Turkish-based cryptocurrency malware called ‘Nitrokod' has infected over 100,000 personal computers across 11 countries. What Happened: A new report from cybersecurity firm Check Point Research found that a malware application disguised as popular desktop applications has been making its way across the globe, largely undetected since 2019.