Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
rpietila
on 25/08/2016, 08:28:52 UTC
The consolidation continues. I am inclined to see 0.008-0.0085 as a short term resistance now. Unless we get there in 2 days, this is confirmed, and the 0.01 double top is confirmed as well (2014,2016).

If we resume the grinding slide that I am forecasting, it may take months to reach the target 0.0042. And of course there is never a guarantee that it is reached. If great news come, it is likely to throw the grind scenario out of the window.