All ICOICO statsRatingReviewsBlogStaterRate3LaneAxisNews Wallets Mining Exchanges Chart Events
Join

Monero News and Price Overview: Monero Available at Bitpay. Price Prediction Shows A Bearish Market In the Interim. Friday, July 6

06 july 2018, 14:46 Jofor Humani

Important Monero News

Monero Available at Bitpay

Bitpay is growing its support for coins, especially those that the company considers useful to the community. A tweet from the official Monero Twitter handle announced that the Bitpay now supports Monero.

The July 3 tweet stated that the support was activated the same day between 3.00pm and 4.00pm Warsaw time. It also said that Zcash was introduced simultaneously with XMR. The markets were launched in pairs with BTC, USD, EUR and PLN.

The full tweet says, "Between 3:00 - 4:00 pm (Warsaw time) #Monero (XMR) and#Zcash (ZEC) markets will be launched in pairs with BTC, USD, EUR, and PLN A short, 5-15-minute technical break will precede the introduction of new coins."

Bitpay enables merchants and individuals accept bitcoin payments and have the funds deposited directly to their bank accounts. The company offers a wallet that is easy to use and can be integrated with bank accounts. The company has traditionally supported Bitcoin and Bitcoin cash.

Monero Price

Monero Price Prediction Shows A Bearish Market In the Interim

The stochastic oscillator yesterday showed that Monero will experience a bearish market in medium term. This trend will likely be sustained as the coin price dipped to $119 in the demand axis.

There is also a possibility of trend reversal and the formation of a bullish railway track will be a clear indication that the reversal will herald an upward price movement. It becomes a bullish market if this pressure builds up strongly.

The 10 day EMA shows that the uptrend targets $129 in the supply area in the medium term.

One of the analytical advisors said, “$129.00 in the upper supply area of the range still valid and $120.00 in the lower demand area sacrosanct. Profit can be taken if a good ranging strategy is adopted during this period of consolidation.”

XMR/USD Price Chart, Friday July 6th:

Monero News and Price Overview: Monero Available at Bitpay. Price Prediction Shows A Bearish Market In the Interim. Friday, July 6

Follow TokenTops on Twitter to stay notified about new articles, cryptocurrency news, ICO announcements and price predictions and analysis.

Please remember that investing in cryptocurrencies should be consider risky and may lead to the loss of all of the invested money. For further information visit Terms and Conditions section on TokenTops.We do not encourage our readers to any kind of behaviour or financial decisions. We believe that everyone should make their own and in depth research on the particulat topic in various sources before making any financial decision and this person should be the only one responsible for the outcome. Our writers do their best to remain unbiased and don't actively support any project. The research is done with various sources, the predictions are based on own believes, other experts and community discussions, yet they cannot be considered any type of financial advise. 

You may also like

Comments

Write comment 0 comments

You need to login to create comments.

Get the week’s best ICO right in your inbox