Monero is ranked at #11 over Cardano as well as TRON in the market. The price dipped at a rate of 11.76% in the course of the past 24-hours. This brought XMR all the way down to $69.88 where it presently stands. The trading volume recorded is $78.225 million, whereas the supply has 17,180,028 XMR coins in play. As of this moment, the total market cap of Monero is $1.2 billion.
New version of MyMonero desktop is out, y’all. Internal dependency upgrades. Recommended for all users. https://t.co/wxy4nv1UqB
— Paul Shapiro (@tweetingpauls) August 29, 2019
Cake Wallet was also recently updated around a week ago. This version has fixed bugs and has inculcated a few new features too. A meetup will transpire today in the evening, so those at Toronto listen up! If you aren’t occupied at 6, you can head to Scallywags at 11 St Clair Ave W, Toronto, ON M4V 1K6, Canada. So far, the meetup has 10 who have signed up as attendees.
— GloBee (@GlobeeCom) August 28, 2019
The daily RSI [for 10 periods] has reached 25.46, indicating that XMR is being oversold as of now. The bar linked to the histogram for the MACD table has been growing beneath the zero line which points to bearish momentum swelling up. The resistance currently stands at $93.19, while initial support lies near $68.78.
— Justin Ehrenhofer (@JEhrenhofer) August 28, 2019
This would be an appropriate time to HODL and gather as many XMR coins as possible. Not all folks in the cryptosphere trust the Monero network, but this is undoubtedly the greatest privacy-centric project the market has ever seen. The usage of Ring Signatures and Stealth Addresses has always been commended, and transactions remain hidden too. Monero grows depending on input obtained from members of the community alongside efforts from developers. The abundance of interaction between the two sections is what sets XMR apart.