Monero Talk’s latest episode was live-streamed approximately 11 hours ago. Chowbungaman had a pretty interesting conversation with Daniel Krawisz; they talked about the growth and technology involving Bitcoin, Monero, and how far Digital Cash will go. You can watch the full video right here; it might take a while for the whole thing to wrap up, but I promise you that it’ll teach you a lot about the workings of an entire ecosystem.
Daniel founded the Satoshi Nakamoto Institute with two of his friends in 2013.
Monero is ranked at #14 in the market, to the south of TRON as well as Cardano. The price dipped at a rate of 1.31% in the course of the past 24-hours; this brought XMR all the way down to $55.34 where it presently rests. The trading volume recorded stands at roughly $99.370 million, whereas the supply has 17,241,075 XMR coins in play as of this instant. The total market cap of Monero amounts to $954.050 million for now.
I’ve analyzed the Github repositories of the core implementations for BTC, ETH, XMR, DASH, ZEC and LTC. In addition, I tried to get a clearer picture by removing all LTC, DASH and ZEC commits that have simply been merged from the BTC repository (based on commit hashes). pic.twitter.com/HPufjGIZ44
— Michele D’Oro (@keledoro) October 3, 2019
According to the candlestick chart connected to the XMR/USD pair on tradingview [based on data obtained from the Poloniex Exchange], sellers are still trying to exercise their dominion over this privacy-centric virtual currency. The daily RSI [for 14 periods] is at 30.13 which signifies that Monero is adjacent to oversold territory. In the aftermath of 27th September, the MACD line gradually drew close to the signal line, thereby causing the red histogram to contract in terms of size.
Support lies at $52.402, and resistance may be felt at the $74.597 mark in the upcoming weeks.