Community Articles

via BeInCrypto · By Lockridge Okoth

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

XMR

XMR/USDT

$327.47

+1.95%

$327.47

+1.95%

(24s)

24h Volume

$33,889,551.32

24h H/L

$332.95 / $314.32

Change: $18.63 (5.93%)

Funding Rate

+0.0056%

Longs pay

Data provided by COINOTAG DATALive data

XMR

Daily

$118.70

▲ 5.60%

Volume (24h): -

Resistance Levels

Resistance 3$140.55

Resistance 2$131.1706

Resistance 1$119.3508

Price$118.70

Support 1$117.5842

Support 2$109.5542

Support 3$100.40

Pivot (PP):$116.2333

Trend:Downtrend

RSI (14):38.3

Lockridge Okoth

(12:49 PM UTC)

1 min read

Reviewed bySarah Chen

1068 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Lockridge Okoth · BeInCrypto

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