Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
explorer
on 13/11/2020, 19:27:44 UTC
 Breathing on 0.0067xx
Looks like some shorts closing in this range.

I suppose my prediction of low 0,006 / high 0,005 will be reached by the end of November  Grin Grin Grin

In march went to 0.0061 and last October went to 0.006. It is very hard to expect to go under that now. Yes, last month was super bad compared to BTC but I guess that was just weak hands that entered Monero few months ago.

In general is funny that it all went just as always did. But the rumour, sell the news. At end of summer there were rumours number of transactions will increase. They did, but so so. Then in October actually started increasing a lot and dump happened. Smiley

   I think .0061 would be very hard to get to, and I would hate to see it that low again.  On the other hand, the recent 0,068X just doesn't feel like a bottom, so I'm awaiting another leg down.  All it takes is the next BTC level-up while we hang out in the $11X range like cAPSLOCK forecast.  A strong reversal above the 0.0061 range is what I want to see.