My short term outlook is negative. There is a somewhat likely scenario that XMR does not have positive news, 0.01 is tested and fails, and BTC continues to look good.
In this case, nothing is preventing testing 0.004. That one will hold
In this case, nothing is preventing testing 0.004. That one will hold
I would not forget the blocksize issue here. When it takes a day or more for a transaction to clear the Bitcoin network, this becomes an issue with a real end user impact. https://bitcointalk.org/index.php?topic=1661792.0;all. Every time the price of Bitcoin starts to move this issue rises with its ugly head and puts a damper on the excitement.