{"id":140145,"date":"2024-10-19T14:43:13","date_gmt":"2024-10-19T11:43:13","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140145"},"modified":"2024-10-19T14:43:13","modified_gmt":"2024-10-19T11:43:13","slug":"monero-xmr-and-tron-trx-facing-a-bullish-breakout-october-november-price-predictions-revealed","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/monero-xmr-and-tron-trx-facing-a-bullish-breakout-october-november-price-predictions-revealed\/","title":{"rendered":"Monero (XMR) and Tron (TRX) Facing a Bullish Breakout – October-November Price Predictions Revealed"},"content":{"rendered":"
Data from ChangeNow, a platform that allows cryptocurrency exchanges without registration, shows increased transaction volumes for these coins. This trend suggests that investors are accumulating XMR and TRX, potentially leading to price increases. Savvy investors and large holders concerned about fund safety are utilizing ChangeNow, indicating growing confidence in these cryptocurrencies.<\/p>\n
This article is sponsored content and does not reflect the opinion of the CryptoDnes team.\u00a0The material does not constitute investment advice and is provided by the respective company.<\/em><\/strong><\/span><\/p>\n Monero\u2019s price has risen over the past week, climbing over six percent to reach between $143 and $154. The cryptocurrency is finding support around $138, while facing resistance near $160. Technical indicators like the Relative Strength Index above 60 suggest positive momentum. With the price below both the 10-day and 100-day simple moving averages, there may be room for growth toward the next resistance levels at $160 and $171. If momentum continues, Monero could potentially revisit these higher levels, following a significant gain of over 35 percent in the past six months. The current market conditions indicate a positive outlook for Monero\u2019s price movement.<\/p>\n
\nMonero Gains Momentum as Bullish Signals Emerge Above Support Levels<\/h2>\n
<\/p>\n