Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
tokeweed
on 28/12/2021, 16:51:02 UTC
Well, not for nothing but we caught a Golden Cross today guys. Smiley

ADDED:

You TA guys wanna explain to me what this mean on low volume?

All I can find is something that says there is a buying attempt without available assets to fill.

You might think this is all in hindsight but in my defense, it was expected as shown in my post in the BTC speculation section.  BTC is going thru a dead cat bounce and this encouraged the rest of the market to pump a bit.  And with BTC being this huge influencer in the market, when it was time to drop, almost everything else dropped with it.  So on low volume, it didn’t mean anything.

XMR goes up when BTC goes up but not be much but then goes to lose more value than BTC if it drops low. I think it shows it pretty clear in the XMR/BTC chart.