smoothie
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Activity: 2226
Merit: 1145
KIZEKRA COMICS & LEALANA Silver Monero
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December 10, 2020, 11:33:02 AM |
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XMRBTC chart looking more and more like a quadruple bottom or a 5x bottom.
Feels like April-May 2016 currently.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
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cAPSLOCK
Legendary
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Activity: 3332
Merit: 4311
----------bbl
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December 10, 2020, 03:19:51 PM
Last edit: December 10, 2020, 03:30:43 PM by cAPSLOCK |
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XMRBTC chart looking more and more like a quadruple bottom or a 5x bottom.
Feels like April-May 2016 currently.
Yeah. It's a little spooky that it keeps ramming into that bottom (beavisbutthead.gif), but on the other hand fundamentally I just don't see it continuing to break down. Nice to see you Smoothie. Hope all is well. |
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explorer
Legendary
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Activity: 1974
Merit: 1259
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December 10, 2020, 09:03:09 PM |
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XMRBTC chart looking more and more like a quadruple bottom or a 5x bottom.
Feels like April-May 2016 currently.
Multi-bottom. That's a weird picture. The floor is hot to touch. We recoil instantly, every time. I think if this bottom breaks down, it will be from a huge BTC gap-up. Would surprise me less though, if XMR just clung to BTC's pant-leg and crawled up it at the same time. Let's get on with it. |
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Globb0
Legendary
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Activity: 2660
Merit: 2029
Free spirit
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December 10, 2020, 10:09:48 PM |
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Seems to me to be holding nice and stable on the daily candles Rising RSI, going up on descending volume?  |
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explorer
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Activity: 1974
Merit: 1259
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December 11, 2020, 01:37:12 AM |
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A green beacon in a sea of red  |
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tokeweed
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Activity: 3276
Merit: 1202
Life, Love and Laughter...
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December 11, 2020, 04:17:46 PM |
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Yup, XMR/USD looks pretty good. And it's holding its gains better than most coins rn including BTC. That's really unusual for the most part but we've seen this happen from time to time before. It's prolly just more people in a 'boating accident'.
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cAPSLOCK
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Activity: 3332
Merit: 4311
----------bbl
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December 11, 2020, 08:32:12 PM |
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Monero has done this a few times recently hasn't it? Rally in a crypto-wide bear.
I am always trying to imagine the engine for it. Some macro guru on Twitter who has decided to do the John McAfee style alt pump cycle scam (but maybe with a little more finesse)? Loading up before the pump? Someone "washing" their coins? Organic Monero buying during a bear?
The last one seems kind of the hardest to see... it just does not make a lot of sense.
But Monero has been whipped around recently for sure... It's interesting at least.
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Globb0
Legendary
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Activity: 2660
Merit: 2029
Free spirit
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December 11, 2020, 08:48:00 PM |
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Dollar chart daily candles Can this make its way into the 70% plus RSI?  |
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Febo
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Activity: 2688
Merit: 1284
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December 11, 2020, 10:19:40 PM |
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I am bored of this $12x&$13x prices. Time to move on.
6 weeks passed and still waiting. So boring. OK 2 months latter. And maybe just maybe Monero will change its mind to be a stable coin and become normal crypto currency with 100% gains a month. Now that Russian oligarch found Monera to pay corrupt politicians with it I guess other will notice Elephant in a room also. Wonder what is Queen of England doing right now. |
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Globb0
Legendary
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Activity: 2660
Merit: 2029
Free spirit
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December 11, 2020, 10:27:07 PM |
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This is a difficult one to stay mad with at the moment.  |
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hulla
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December 11, 2020, 10:50:48 PM |
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I am bored of this $12x&$13x prices. Time to move on.
6 weeks passed and still waiting. So boring. OK 2 months latter. And maybe just maybe Monero will change its mind to be a stable coin and become normal crypto currency with 100% gains a month. Now that Russian oligarch found Monera to pay corrupt politicians with it I guess other will notice Elephant in a room also. Wonder what is Queen of England doing right now. Honestly, the news of Monero to be used for money laundering activities is affecting the price of the coin caused the new Oxygen Orion ought to help in making ridiculous pump the price of the coin but we can't be sure if the statement about Monero to be used to pay corrupt politicians was not fabricated through some people that hate Monero cause statistics to show that 98% of dirty money moved/send through Fiat |
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jwinterm
Legendary
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Activity: 2674
Merit: 1087
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December 11, 2020, 10:52:05 PM |
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This is a difficult one to stay mad with at the moment. XMRBTC 1D chart is clearly exhibiting the blessed Xmas tree pattern, obvious miraculous pump coming soon, buy b42l8  |
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explorer
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Activity: 1974
Merit: 1259
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December 12, 2020, 12:11:04 AM |
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$ AYH...
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explorer
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Activity: 1974
Merit: 1259
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December 12, 2020, 03:28:41 AM
Last edit: December 12, 2020, 04:24:53 AM by explorer |
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Looks like it's swelling up, getting ready to throw out a green shoot.  Trying...   |
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sportscliche
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Activity: 56
Merit: 0
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December 12, 2020, 07:14:20 AM |
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Not sure if the situation will last, but it's still a noteworthy albeit symbolic event: According to CoinGecko, XMR has passed EOS in market cap.
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Millionero
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December 12, 2020, 09:46:57 AM |
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Would surprise me less though, if XMR just clung to BTC's pant-leg and crawled up it humped it like a schnauzer at the same time.
ftfy |
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tokeweed
Legendary
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Activity: 3276
Merit: 1202
Life, Love and Laughter...
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December 14, 2020, 04:48:59 PM |
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Target: XMR at 3k USD some time next year... Prolly around November. Too lofty or likely possible? I have this funny feeling it could get there and flippen a lot of alts in the process.
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Globb0
Legendary
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Activity: 2660
Merit: 2029
Free spirit
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December 14, 2020, 05:15:47 PM |
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What a stonking daily candles chart. Woo hoo Let it go, let it go!  |
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cAPSLOCK
Legendary
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Activity: 3332
Merit: 4311
----------bbl
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December 14, 2020, 06:17:25 PM |
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So interesting. What is driving this rally? With something like a billion dollars in volume (although some of that might be wash trade type shenanigans) it seems unlikely to be driven entirely because of being thinly traded... I wonder if it is a single buyer or a group, or some yet to be known news?
That said, XMRBTC is looking fairly good. Could be choppy around this level technically, but that's just it... I think something more than technical stuff is going on.
XMRUSD looks VERY good. With Monero's claws firmly into Bitcoins pant leg we seem to be getting to go to the prom.
Super curious what might be going on...
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