Monero Price Analysis: XMR Is Today’s Strongest Coin With 10% Increase

March 26, 2020 | By | Reply | 18 Readers More


  • Monero saw a 10% price increase over the past 24 hours of trading as it makes its way back to the $50 level.
  • The cryptocurrency found support at $32 during the market capitulation which allowed it to rebound higher. 

Monero is the highest performing coin today out of the top 20 ranked cryptocurrency projects as it sees a 10% price increase to reach $50. The cryptocurrency found strong support at $32 during the market capitulation and started to increase over the past week of trading.

The latest price increase has largely been attributed to the fact that governments are using mobile private data to track potential Coronavirus carriers sparking a fresh wave for the need for privacy, something that Monero delivers with on a financial side. The team also released a new update recently to help the price hike.

Monero Price Analysis

XMR/USD – Daily CHART – SHORT TERM

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XMR/USD….

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