Monero (XMR-USD) Cryptocurrency is currently on bearish momentum by 39.42% in the last 14 days. At 12:26 EST on Thursday, 20 May, Monero (XMR-USD) is at $252.91.
Monero (XMR-USD) Range
About Monero’s daily highs and lows, it’s 37.98% up from its trailing 14 days low of $183.29 and 50.47% down from its trailing 14 days high of $510.61.
Currently, Monero (XMR-USD) has 414323 Twitter followers and 220009 Reddit subscribers.
As of now, on Github, there are 3044 forks, 5849 stars, and 488 subscribers.
Monero’s last week, last month’s, and last quarter’s current volatility was a negative 7.65%, a negative 0.88%, and a positive 4.32%, 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 10.54% (last week), 6.41% (last month), and 4.32% (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 overbought (>=80).
News about Bitcoin
Bitcoin erases all gains since Elon Musk’s initial big embrace. According to Bloomberg Quint on Wednesday, 19 May, “He announced that Tesla would suspend car purchases using the token and called recent energy consumption trends “insane.” Over the weekend, after insinuating his EV company might have sold its Bitcoin holdings, he sent out tweets clarifying that it hadn’t. “, “Fueling the volatility is Tesla CEO Musk himself, who surprised crypto advocates last week with an announcement that the company would no longer accept Bitcoin as payment. “
Bitcoin dips to lowest since February amid China crypto warning. According to Bloomberg Quint on Tuesday, 18 May, “A fall to that level would mark the first time since September that Bitcoin would test its average price over the past 200 days. “, “The EV-maker’s retraction that it will accept Bitcoin as payment “was the catalyst that accelerated the spread consolidation. “
Bitcoin crashes to $42,000 after Elon Musk tweet-storm – but rebounds after he clarifies Tesla hasn’t sold its holdings. According to Business Insider on Monday, 17 May, “A single coal mine in Xinjiang flooded, almost killing miners, and Bitcoin hash rate dropped 35%. “
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