All opinions Top Picks Most Discussed Crypto Premium Traders API
strong buy
XMR

Monero (XMR) Expected to Surge 50% as Descending Channel Forms

The cryptocurrency Monero (XMR) is currently developing a descending channel pattern on the 4-hour chart. A continued bullish movement of approximately 50% is anticipated. The outlook suggests significant upward momentum, with the potential for substantial gains.
Source available for registered users Sign Up Free

AI Analysis

Recent technical analysis indicates that Monero (XMR) is forming a descending channel on the 4-hour chart, which often signals a period of consolidation before a potential upward breakout. The project...

AI Recommendation

Given the analysis, it would be advisable to monitor Monero closely for a breakout above the descending channel. Entering a long position near support levels with a tight stop-loss could optimize oppo...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in:

sell
XMR

Controversial Hashrate Takeover Threatens Monero's Network Stability

Analyzing the risks of a contested hashrate takeover in Monero by Qubic, potentially impacting network security and decentralization.
Read full + analytics
strong buy
XMR

Monero Community Resists 'Economic Attack' with Strong Response

Monero faces an 'economic attack' but the community rallies to defend its privacy and stability, showcasing resilience in the cryptocurrency space.
Read full + analytics
risky
XMR

Qubic's Monero Control Experiment Sparks Community Response

Qubic plans to take over 51% of Monero's hash rate to test PoW vulnerability, prompting community resistance with supportxmr pool control at 33.5%.
Read full + analytics
sell
XMR

Qubic Plans to Take Control of Monero Network with 51% Hashrate Attack

Qubic, led by Sergey Ivanchéglo, announced a plan to control 51% of Monero's hash rate in August, highlighting PoW network vulnerabilities and prompting community concern over network security and decentralization.
Read full + analytics
sell
XMR

Monero Faces Threat from Qubic Founder Warning of 51% Attack

Monero (XMR) comes under stress amid a warning from the Qubic blockchain founder about a possible 51% attack, raising concerns in the crypto community.
Read full + analytics
strong buy
XMR

Qubic's 51% Hash Rate Grab Sparks Monero Centralization Fears by 2025

Qubic plans to control 51% of Monero's hash rate by 2025, raising concerns over network centralization and security. Monero community bolsters support for key mining pools to counteract this move.
Read full + analytics
sell
XMR

Qubic's Surge Reveals Monero's Privacy Network Vulnerability and Decentralization Risks

A recent surge and fall in Qubic's hash rate share expose potential vulnerabilities in Monero's privacy network, highlighting risks to decentralization and network stability. Learn more about blockchain resilience and crypto network security.
Read full + analytics
risky
XMR

Qubic's Bid for Monero's Hashrate Ignites Debate

Qubic's bid to control over half of Monero’s hashrate sparks controversy in the cryptocurrency community, raising questions about decentralization and security.
Read full + analytics
weak buy
XMR

XMR/USDT Spot Trading Available on CoinEx

Explore the availability of the XMR/USDT spot trading pair on CoinEx, highlighting its potential for cryptocurrency traders interested in Monero and USDT conversions.
Read full + analytics
risky
XMR

Monero Faces Economic Attack, Raising Concerns Over Crypto Security and Bitcoin Risks

An analysis of Monero's current economic attack highlights its security fundamentals and raises concerns about potential black swan events in Bitcoin's future. Explore the implications for crypto stability and investor confidence.
Read full + analytics