Ninjastic
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Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Febo
on 13/04/2016, 12:45:19 UTC
Quote from: ArticMine on April 13, 2016, 01:54:42 AM
Quote from: spatula on April 13, 2016, 12:47:57 AM
Quote from: ArticMine on April 13, 2016, 12:22:54 AM
Well we may start to see a decoupling here from Ethereum. Ethereum is down 12.89% and Monero is down only 3.88%. https://coinmarketcap.com/#USD

Didn't XMR follow ETH in the last dump? I have my buy orders in, but much lower than this just in case history repeats itself.

It has until recently. But now ETH is down 11.19% while XMR is down 0.63%. Also MAID that was following ETH has risen 23.64%. https://coinmarketcap.com/#USD XMR's support at current levels is way stronger than ETH support at current levels so a decoupling is quite possible.

If you look at a longer period of time then 1 day, so from the time when manipulators started with big dumps, on 8th April you will see that ETH decreased for 24% and Monero for 32% what is quite similar.