Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
CTTE
on 29/08/2017, 15:57:20 UTC
Aha okay, thanks... RangeDriver, you there bro?  Paging RangeDriver Paging RangeDriver Cheesy

~0.026 marks the 38.2% retraction and coincides with previous resistance.

That should be a pretty reliable floor if you're able to get in there.


Yeah, cool... thanks for reply.

I did get a little more IN today at about 0.028, but that's prob gonna be IT for me for this upcoming RUN (hopefully if it materializes, hope hope)

More what I'm wondering however is where to likely get OUT during this upcoming expected (??) frenzy triggered by the Korea promotion?

Aminorex said earlier in this thread that maybe he thought a peak about 060 was max we would see, so I'm tentatively thinking to be ready to get out around 050 or 045 just to be safe, leave a few chips on the table just trying to not be the patsy LOL

What do you think? 060-ish too high/low... and tentative timeframe for all this to play out before we stabilize (I'm guessing somewhere in $120-$150 range?)

I think it makes a big difference based on the btc price.  Even though btc just went up, the USD price of XMR stayed about the same while it dropped against btc.  I could be wrong but a massive change in btc's price will most likely affect whether we hit .06, .05 or even .04.  What would BTC/XMR price have to be if BTC were still at $500 in order to have Monero at $130?

I am choosing a target price in USD and if I want to buy or sell I will translate that into the BTC price.