Though most major altcoins bounced back on Monday, Monero was quite inactive in momentum. Currently, among the top 10 cryptocurrencies, Monero is the only coin trading in the red. As the market had consistently fallen in the last few days, the coin has evidently continued its decline. Monero lost almost 30% in value in last days.
XMR/USD
The MACD currently trading with bearish momentum and is continuing its downward. The token is trading slightly above its key support level, which can be traced at $57.2. Data from CoinMarketCap showed that its market cap stood at $940.1 million. The altcoin went 1.7% against the USD to trade at $55.9.
Also November 26, Vertpig.com, a website that allows users to swap between cryptocurrencies announced that they were currently working on integrating XRP, Monero , Ethereum and Ethereum Classic . Vertpig also informed users that these coins will be available over the coming days. This is not the first time that XRP has gained popularity. Which can influence todays market interest for Monero.
XMR/USD
The MACD currently trading with bearish momentum and is continuing its downward. The token is trading slightly above its key support level, which can be traced at $57.2. Data from CoinMarketCap showed that its market cap stood at $940.1 million. The altcoin went 1.7% against the USD to trade at $55.9.
Also November 26, Vertpig.com, a website that allows users to swap between cryptocurrencies announced that they were currently working on integrating XRP, Monero , Ethereum and Ethereum Classic . Vertpig also informed users that these coins will be available over the coming days. This is not the first time that XRP has gained popularity. Which can influence todays market interest for Monero.