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IOTA {MIOTA}, Monero {XMR} price prediction 2019

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According to the candlestick chart connected to the XMR/USD pair on tradingview [based on data obtained from the Poloniex Exchange], sellers are the dominating force noticeable however buyers are starting to combat against the ensuing wave. The daily RSI [for 14 periods] sits at 57.9 which signifies that Monero is progressing through the neutral zone.

The gap between the MACD line and the signal line has been fluctuating for the past week. Although the histogram is green, this can be interpreted as a sign of consolidation. Barriers may be felt at $65.00816, and support lies near the $50.3456 mark. The Awesome Oscillator peaks have possessed the emerald shade consistently in the aftermath of 31st October.

In accordance with the candlestick chart linked to the IOT/USD pair on tradingview [based on data drawn from the Bitfinex Exchange], one can determine that $MIOTA is being impacted by bears. The daily Relative Strength Index is at 50.09 which depicts that IOTA is totally neutral as of now.

Initially, barries may be felt close to $0.2931 and then later at $0.3005. Support exists adjacent to the $0.2444 mark. Post-1st November, the peaks tied to the Awesome Oscillator have been brown and the MACD line intersected with the signal line today. Both these indicators suggest that bearish momentum shall play a crucial role in the coming week.

Monero is ranked at #13 in the market. The trading volume recorded stands at roughly $191.425 million, whereas the supply has 17,288,194 XMR coins in play as part of circulation. The total market cap of Monero amounts to $1.075 billion as of this instant. The price received a tiny boost amounting to 0.11% in the course of the past 24-hours; which, in turn, helped $XMR climb all the way to $62.19 where it currently rests.

IOTA is ranked at #18 in the market. The trading volume recorded is $3.435 million. The price depicted a minor plunge of 0.97% which took place in a matter of hours. The total market cap of IOTA is $762.240 million. MIOTA is priced at $0.274233.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.