Altcoins News

Story: Monero Futures 2.0 – The Most Competitive Futures in the Market

By Steven Anderson

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Monero has gained more than 3.1% within 24 hours. The resistance level for the token is $68, $70, and $72.  Support levels are seen at $56, $54, and $52.

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The price action of the XMR has seen sand witched between upward sloping lines parallel to each other.

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A break out beyond the ascending channel is indicative of the continuation of the uptrend.  A break down usually indicates a trend change in the direction of the breakdown.

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At the time of reporting, Monero has been trending in ranges at $63.52.  The trend is now focusing on the upward direction providing for a retest at $61.

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There is immediate support at $60 on the downside.  The critical level of support is seen at $58.

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When the price of the Monero is compared with the Bitcoin, Monero is Bullish.  The bullish appearance is because the price tends to rise above 6708 Satoshi.

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The positive momentum of Monero provides that the prices would continue to rise. XMR's futures contracts launched by Dubai-based BTSE exchange are available for trading with…

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"In listing Monero, we hope not only to provide our users with more choice when it comes to their trading needs but to spark a conversation on how to list privacy coins in a…

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With futures trading, XMR will have improved liquidity in the market. Monero Futures 2.0 makes it one of the competitive futures in the market, considering they are flexible,…

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Monero being a privacy coin, is subject to several criticisms considering their privacy features and the kind of services they offer to their users.

The Currency Analytics

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