Community Articles

via BeInCrypto · By Lockridge Okoth

Monero Jumps on $23 Million Mystery Buy as Zcash Rally Cools

XMR

XMR/USDT

$524.71

+1.96%

$524.71

+1.96%

(24s)

24h Volume

$144,733,347.89

24h H/L

$544.00 / $480.57

Change: $63.43 (13.20%)

Funding Rate

+0.0077%

Longs pay

Data provided by COINOTAG DATALive data

XMR

Daily

$118.70

▲ 5.60%

Volume (24h): -

Resistance Levels

Resistance 3$140.55

Resistance 2$128.827

Resistance 1$119.3508

Price$118.70

Support 1$117.5842

Support 2$105.40

Support 3$78.5584

Pivot (PP):$114.80

Trend:Downtrend

RSI (14):38.3

Lockridge Okoth

(12:49 PM UTC)

1 min read

Reviewed bySarah Chen

0 comments

Zcash (ZEC) fell by over 6% in the past 24 hours to $520.05 as traders booked profits on a multi-month rally. Meanwhile, Monero (XMR) climbed 11% to $396.75 after an unexplained $23 million on-chain purchase.

The divergence has reopened a long-running debate over which privacy coin offers the stronger product.

Zcash (ZEC) and Monero (XMR) Price Performance. Source: TradingView

Capital…

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Source

Lockridge Okoth · BeInCrypto

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