Monero Price Analysis (XMR/USD) The weak market condition of the Monero coin has ravished its capability to record a bullish market performance. On an intraday chart, XMR/USD pair has exhibited a bearish outlook. Notably, analysts anticipate further downside move. According to them, the XMR/USD pair may continue to suffer as the unfavorable market condition may continue to affect its upcoming projects. However, looking at the hourly chart, the trend is downtrend as the descending channels reflected it. This also signaled further downside move. The price failed to trade above the $81.9654 and dropped the support level from $81.1222 to $78.6000.
The post Monero, Cardano and Binance Coin Cryptocurrency Analysis and Prediction for August 27th: XMR, ADA, and BNB appeared first on The Merkle Hash.
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The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common tool for these unethical and illicit activities, […]
Chainlink Price Analysis (LINK/USD) Yesterday decline continues today as the market of LINK/USD pair records a down surge. LINK seemed to have succumbed to the selling pressure that has formed a strong bearish trend line over the last 24hrs. The downside move began the session trading at $2.2455, where it later escalated to $2.1496 that translates to a dip of 2.8% over the intraday. The market fluctuated dip down yesterday that brought the market to trade on the oversold zone before slightly gaining momentum to trade horizontally below $2.2423 resistance level. In addition, the support level was found near $2.1496. 
