Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
TrueCryptonaire
on 28/03/2016, 01:59:44 UTC
XMR touched the trend line when BTC took off. Now BTC is at the top of the triangle and will probably drop again towards 400. XMR appears to be regaining its composure. I think there's a good chance the 335 area will hold. Former resistance area and strong buying under 340k.

When the price drops it definetely is the exact time to show some strength to the bears. I agree that the current area is pretty much the place to be.
Judging by the intensivity and the mood of the bear, I am not surprised if it breaks and we go to 0.002's but that's unlikely and also perhaps harmful for the trend.
The seller is a whale, no question about it. Kinda dangerous to hold a coin that is held by some whales who can move the markets with their moods and emotions.  Huh