Community Articles

via BeInCrypto · By Lockridge Okoth

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

XMR

XMR/USDT

$397.11
+0.22%
24h Volume

$50,607,418.08

24h H/L

$400.43 / $375.12

Change: $25.31 (6.75%)

Funding Rate

+0.0117%

Longs pay

Data provided by COINOTAG DATALive data
XMR
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
LO
Lockridge Okoth
(12:49 PM UTC)
1 min read
SC
Reviewed bySarah Chen

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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