Hey folks, I woke up this morning and got a very nice surprise. Monero was up 70% and had just touched 100 USD. I have patiently been waiting for this move so it feels pretty good now. Here is the hourly chart against the dollar:
Now, I believe that Monero could go much higher in the near term and I base this on the chart against Bitcoin. Here is the daily chart:
Comment: I am not saying this will happen today, but it could very well happen in the near term, like this week. So, a really strong sign from Monero today.
Now, the other major winner today is Ethereum, it is currently up 11% and here is the daily chart:
Comment: As you can see, it has easily passed 320 and in my view, the next target is 400 USD and that is also the All Time High for Ethereum.
So, finally, today is a bit of a mixed day and the big loser is Bitcoin Cash. It is currently down 16%, not too surprisingly due to its major move up during the past week. We will see if this could be a potential bottom. I would be patient in this case.
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bitcoin sv Daily Crypto Update - Monero Is Kicking Ass While Bitcoin Cash Is Falling | |
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| Science & Technology | Upload TimePublished on 21 Aug 2017 |
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