Monero, short term trend

[getto]

I think the stochastic oscillator is in the oversold region at 21 percent, yet undefined. This suggests minor consolidation before movement in a particular direction. The upward momentum may likely be favoured on the long run.

[jonathancool220]

Maybe that happened in June when my master wrote this thread.
But the fact is that MONERO has fallen dramatically now and the price is around 45 USD.
The market is not friendly to traders and it is better to wait for MONERO at lower prices.

[Beattysuhita]

For now and now there are a lot of Altcoin that have sprung up both in the Indodax and outside markets, even the current price issue cannot be predicted that Altcoin has the potential to come, in my guess that I can invest in the short term, like Monero.

[Rex]

Currently the short term trend for Monero is only bearish and it really hard for Monero to break through all of this resistance. Hope next year Monero can moon so we can earn some profit from Monero

[aloever]

Stealth addresses add one-time use addresses that are created for each transaction. When using stealth addresses, only the sender and receiver can determine where a payment was sent. After a hard fork in April, XMR also implemented the possibility of multi-sig wallets for joint ownership.

[arisdoankk]

monero in the future will definitely be a trend but with a long period of time. because I believe that Monero will increase in price.

[Jetski]

for now short term investment is not a good idea because most of the token are invest in long term due its volatile characteristic and also people are now afraid to invest.

[Hadley]

In my opinion short team trend for Monero is a bear trand and therefore, we should carefully about our order and alway remember to put a stop loss on the order to keep your funds safe

[IyemRoker]

And the proof is that MONERO has lost 100% more that has been mentioned.
MONERO now costs around 50 USD and it is not good to trade in the short or long term.  https://coinmarketcap.com/currencies/monero/

[TanPhan]

I think in short term trend, Monero price still bearsih and inside the downtrend channel, it still can't escape or break through that  channel at the moment, so if we go for Monero in short term, it will not safe for us

[mimikri]

I believe that Monero is one of the coin s that is still underestimated. It must come in top-10, and soon, even in top-5 coins. I bought many of these alts 2 months ago, and I am holding them.

[IvugeoEvolutionCoin]

if you apply short-term trading to Monero it seems that it will only make you lose because you will definitely be exposed to costs from trading transactions, it is better to do long-term.

[Hallet]

I think Monero in short term will still bearish and can’t get out of downtrend channel soon. It can only get into a new pump when we have a big fund join this market

[damsix]

I think it depends on the market for MONERO trading.
I do not want to encourage others to trade MONERO with full risk, because MONERO is real decentralized.

[BengYou]

I see that Monero in short term trend still bearish and in the downtrend zone, but above the support line, any attempt to break the resistance is also bounce back