The Monero Market - XMR / USD

in #cryptocurrency7 years ago

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The Monero market is still doing nothing during the day, as the volume has completely disappeared from this pair.

I think the market tries to be a bit of a base at the $ 300 level, but it’s very unlikely that it can accumulate with any significant strength, especially until more peopla have entered the markets.

Right now, very few people are willing to risk it, so I expect the best thing you can do is to wait for volume to return and simply follow wherever it goes.

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The falling of the USD will surely make this and other cryptocurrencies rise. See my latest post about this.

https://steemit.com/news/@florio/the-us-dollar-is-gapping-down