XMR/btc trend analysis

[bloodchow]

hi folks, my trendline on xmr/btc chart - 1 day candlestick @ https://www.tradingview.com/chart/XMRBTC/0u5EPPOj-xmr-btc/

Price seems going to fall any comment here appreciated thanks
https://cdn.pbrd.co/images/HyjU2Kf.png

[lllaqpt]

Monero I have from the stage of the Ico and I then thought that this is a diamond among anonymous coins. In principle, it remained the best, but with every month its price continues to fall and it is expected that by the end of the year it will fall again by half, perhaps because of the size of transactions or small mining. But we hope that every year the number of coins will be less, and consequently the price will show a real reflection of things.

[bootlace]

hi folks, my trendline on xmr/btc chart - 1 day candlestick @ https://www.tradingview.com/chart/XMRBTC/0u5EPPOj-xmr-btc/

Price seems going to fall any comment here appreciated thanks

Sorry, what you try to find? Why price fall? Some exchanges do not allow to trade privacy coins. First. All market go down. Second. Much coins has a good price correlations with BTC price. This value more then 0.7-0.8. Some have near 1. From fundamental vision point XMR is quite stable and strong coin. And I have no doubt about it future

[Vit83]

Don't heard any news about monero for a long time. Do they still have devs team? Are they going to add something interesting in their blockchain?

[fudster]

It already reached down its support level, maybe its time to buy XMR. I think this is about to go up soon. The only thing that isn't good for us in crypto is that when you don't have money to invest but if I can afford to put money on XMR, I might just do it right now while the price had dip to its lowest. It hit the higher low which means its about to go to the higher highs again.

[NeuroticFish]

Price seems going to fall any comment here appreciated thanks

First of all, there's already a Monero Speculation thread and your post should really be there.
Second, huge amounts of money just flew out of the whole altcoin market, most altcoins dropped a lot. Unfortunately, but not surprisingly, Monero is also affected. This ETF story seems to have done much more damage than I would have thought.

[bootlace]

Don't heard any news about monero for a long time. Do they still have devs team? Are they going to add something interesting in their blockchain?

More interesting in their reddit r/monero. I watch on the activity. Meetups, wallet updates and much more. Some statistics and news you can see on the https://www.monero.how . Coin is live definitely. And I buy some for my portfolio because I think privacy coins has chances to get own part of money flows.