Monero Cryptocurrency Bullish Momentum With A 39% Rise In The Last 14 Days

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Monero Cryptocurrency is currently on bullish momentum by 39.18% in the last 14 days. At 23:26 EST on Friday, 16 April, Monero is at $357.59.

Social Status

Currently, Monero has 388084 Twitter followers and 210557 Reddit subscribers.

As of now, on Github, there are 2753 forks, 5652 stars, and 486 subscribers.

Volatility

Monero’s last week, last month’s, and last quarter’s current volatility was 229.18%, 229.18%, and 229.18%, respectively.

Monero’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 229.18% (last week), 229.18% (last month), and 229.18% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Monero’s crypto is considered to be oversold (<=20).

News about Bitcoin

While coinbase savors listing, Bitcoin die-hards voice disdain. According to Bloomberg Quint on Wednesday, 14 April, “But that’s just the sort of attention that generates outrage among a small, disgruntled cohort of the Bitcoin community.”, “For a company inspired by founder Brian Armstrong’s reading of the Bitcoin white paper, its holdings of the cryptocurrency are regarded as paltry in comparison to the likes of MicroStrategy Inc. which has made it a crucial part of its treasury strategy.”

First inverse Bitcoin ETF to debut for betting on crypto plunge. According to Bloomberg Quint on Wednesday, 14 April, “Horizon’s BetaPro Inverse Bitcoin ETF will provide up to 100% the inverse daily performance of an index that, according to the statement, “replicates the returns generated over time through exposure to long notional investments in Bitcoin futures.” It will charge a 1.45% management fee, while a sister product called BetaPro Bitcoin ETF (HBIT), also debuting Thursday, will cost 1.00% and track Bitcoin futures.”, “Additionally, BITI will offer a way for investors to achieve ‘short’ exposure to Bitcoin without having to use a margin account or shorting futures.”

More news about Monero.

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