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Monero [XMR] kicks off tail emission; is it enough to trigger some upside

ambcrypto.com

Monero just announced the launch of its tail emission upgrade which is one of its latest and greatest milestones. Here's what you need to know about the upgrade, its impact on Monero and whether it will impact XMR's price action.

Read in Full: ambcrypto.com
Bitcoin XMR
$ 118.7

Timeline of Monero


Monero [XMR] could post a 10% gain past the $200 mark if these conditions are met. - AMBCrypto

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.  Monero dipped sharply beneath the $180 level a few days ago but was swift to bounce back and reach the $200 mark when Bitcoin rallied from its range lows.


Short or long? Here are some levels Monero [XMR] traders should to keep an eye on - AMBCrypto

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.  Since the 12 May drop, Monero has been one of the larger altcoins which have had quite an impressive performance on the price charts.


Biggest Movers: XMR Hits 2-Week High, LRC Climbs for Fifth Straight Day - Bitcoin

Following a bearish start to the day, XMR climbed to a two-week high during today's trading session. Gains in monero come as LRC also saw its price move higher, rising for a fifth consecutive day, as it approaches a multi-week high of its own. Monero (XMR) Monero extended a recent bullish streak during today's session,


Monero price analysis: XMR gains 6.3 percent as price moves up to $197.4 - Cryptopolitan

The latest Monero price analysis confirms a bullish trend for the day as the buying momentum has been continuously growing today. In the past week, the market showed good improvement as the coin value kept on rising.


Amid widespread weaknesses, how Monero [XMR] is managing to stay optimistic - AMBCrypto

You probably wonder why your friends HODLing Monero (XMR) have been suspiciously joyous in the last seven days. Well, you should know that the seven days were marked with significant growth for the XMR token.


Monero [XMR] traders must watch out for these key levels before entering calls - AMBCrypto

Following a 6-week long up-channel (white), Monero (XMR) predictably pivoted from its $283-ceiling. The past few weeks have now accounted for two bear runs, with renewed selling pressure pulling the alt to its February lows as of 10 May.


Monero, Zilliqa, XRP Price Analysis: 07 May - AMBCrypto

Bitcoin has steadied itself within the $35.8k to $36.2k zone and could spend a considerable chunk of the weekend within this area. Monero and Zilliqa looked likely to test their demand areas once more.


Monero (XMR) To Protect Miners' Interest By Introducing Tail Emission In 30 Days - Coingape

The Monero community is working on some key measures to guard the interest of its miners. In this regard, Monero (XMR) shall be introducing an upgrade dubbed Tail Emission in the coming days.


Monero [XMR]: Will tail emission upgrade benefit investors in short term - AMBCrypto

Monero has revealed plans for an important tail emission upgrade aimed at network improvement. The upgrade highlights some key considerations including measures that will prevent inflated fees while also boosting security.


This area can be used to buy Monero [XMR] with a longer-term time horizon - AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. USDT Dominance, a measure of the crypto market cap possessed by Tether the stablecoin, has been rising toward 5% in the past month.

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Bitcoin Bitcoin
70306.0000 -1.50%
Ethereum Ethereum
3550.85000 -1.54%
BNB BNB
616.839000 5.11%
Solana Solana
189.641000 0.45%
XRP XRP
0.63987400 2.56%