According to the candlestick chart associated with the XMR/USD pair on tradingview [based on data obtained from the Poloniex Exchange], price consolidation hasn’t ended yet. The daily RSI [for 14 periods] is at 35.19 if this number wanes further then XMR may once again enter the oversold zone. Post-6th October, the MACD line began climbing above the signal line, causing the histogram to switch sides. A color change was noted as well [from red to green].
From 30th September onwards, all the peaks tied to the Awesome Oscillator had the green shade, though they are yet to jump over the zero line. This points to the dawn of bullish momentum, but it hasn’t majorly impacted the altcoin till now. Support lies near the $52.3629 mark, and barriers may hamper XMR’s rise beyond $62.413.
Monero is ranked at #14 to the south of LEO in the market. The trading volume recorded stands at approximately $95.823 million, while the supply has 17,250,998 XMR coins in play for now. The total market cap of Monero is $957.544 million as of this instant. The privacy-centric virtual currency sunk at a rate of 1.07% in the course of the past 24-hours, which led to XMR dropping all the way down to $55.51 where it currently rests.
📽 @chowbungaman is LIVE NOW w/ @spesmonerujo to discuss the #BoronButterfly series, it’s goal as well as announce the winner of the free note set! Good Luck! 🤑 #monero #xmr $xmr Watch Here 📺 https://t.co/JEHuJi5VDz pic.twitter.com/THz6uQlhkB
— MoneroTalk (@MoneroTalk) October 9, 2019
Two separate meetups will take place today. The one in Berlin will last from 7 pm all the way up to 12 pm in the night; so far 10 attendees have signed up for the event. The one in Johannesburg has drawn in 8 men and women so far, with Kirsty acting as the organizer for this specific event. This occasion will kick-off at 6 pm and last till 8 pm.