Solana

Monero

April

Smog

Coin

<div class="insidebitcoins">
 <p>The Monero price dropped 2% to trade for $141.04 as of 02:31 EST time to make it the biggest loser among major cryptos.</p>
 <p>According to analyst @AndrewGriUK on X, a price above $141 supports a bullish trend direction. With this, the analyst anticipates an increase in long exposure for a break above 150.</p>
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  <p lang="en" dir="ltr">#XMR A price action above 141 supports a bullish trend direction. <br>Increase long exposure for a break above 150. This level is also the 61.8% Fibonacci retracement level. <br>The target price is set at 163 (its 78.6% Fibonacci retracement level). <br>The stop-loss level is set at 129… pic.twitter.com/NrJAt1147m</p>
  <p>— Andrew Griffiths (@AndrewGriUK) March 25, 2024</p>
 </blockquote>
 <p></p>
 <p>This is plausible considering the network also has plans for a Monero meet-up in Barcelona on April 6.</p>
 <h2 id="monero-price-prediction-ahead-of-network-s-first-meet-up-in-barcelona">Monero Price Prediction Ahead Of Network’s First Meet-up In Barcelona</h2>
 <p>The Monero price has recorded massive volatility over the last several weeks. Two Fibonacci retracement indicators have been superimposed against each other to measure the market range. With this, the Monero price is likely to retrace the mean, marked by the 50% Fibonacci placeholder at $131.62, after which the altcoin’s market value could go towards either side of the range.</p>
 <p>The market is currently leaning to the downside, as shown by the Relative Strength Index (RSI) still subdued below the ‘0’ mean level. The Awesome Oscillator (AO) indicator also accentuates this outlook, as it is also consolidating along the midline, pointing to uncertainty in the market.</p>
 <p><img decoding="async" class="aligncenter wp-image-493978 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201273%20542'%3E%3C/svg%3E" alt="Monero price" width="1273" height="542" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/03/25/cfecfe2f9e6cdde22da9bd3e70d5e375.webp 1273w, https://cdn.thebittimes.com/images/2024/03/25/cfecfe2f9e6cdde22da9bd3e70d5e375.webp 300w, https://cdn.thebittimes.com/images/2024/03/25/cfecfe2f9e6cdde22da9bd3e70d5e375.webp 1024w, https://cdn.thebittimes.com/images/2024/03/25/cfecfe2f9e6cdde22da9bd3e70d5e375.webp 768w" data-lazy-sizes="(max-width: 1273px) 100vw, 1273px" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/25/cfecfe2f9e6cdde22da9bd3e70d5e375.webp">
  <noscript><img decoding="async" class="aligncenter wp-image-493978 size-full" src="https://cdn.thebittimes.com/images/2024/03/25/cfecfe2f9e6cdde22da9bd3e70d5e375.webp" alt="Monero price" width="1273" height="542" srcset="https://cdn.thebittimes.com/images/2024/03/25/cfecfe2f9e6cdde22da9bd3e70d5e375.webp 1273w, https://cdn.thebittimes.com/images/2024/03/25/cfecfe2f9e6cdde22da9bd3e70d5e375.webp 300w, https://cdn.thebittimes.com/images/2024/03/25/cfecfe2f9e6cdde22da9bd3e70d5e375.webp 1024w, https://cdn.thebittimes.com/images/2024/03/25/cfecfe2f9e6cdde22da9bd3e70d5e375.webp 768w" sizes="(max-width: 1273px) 100vw, 1273px">
  </noscript></p>
 <p>TradingView: XMR/USDT 1-day chart</p>
 <p>On the other hand, the bulls could push the Monero price above the 50% Fibonacci placeholder at $141.82. A daily candlestick close above this level would encourage more buy orders, likely provoking a continued uptrend.</p>
 <p>In such a directional bias, the Monero price could extend the gains toward the $153.78 peak, levels last tested on March 3. This would constitute a 10% climb above current levels.</p>
 <p>Meanwhile, Smog, a new Solana meme coin, has gone ballistic with a 232% monthly gain.</p>
 <h2 id="promising-alternative-to-monero">Promising Alternative To Monero</h2>
 <p>The Smog token has captivated audiences since its debut. Having set the bar high at launch, its hallmark is to deliver the largest airdrop in the history of the Solana ecosystem.</p>
 <p>To qualify for the airdrop, SMOG token holders must actively engage in task managed by Zealy. To this end, the project has allocated 35% of the total token supply of 1.4 billion. The first part of the airdrop that ends on April 3 is understood to include about $1 million in giveaways.</p>
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  <p lang="en" dir="ltr">🔥🐉 HUGE AIRDROP ANNOUNCEMENT 🐉🔥</p>
  <p>Season 1 of $SMOG airdrop will end on April 3rd 👀</p>
  <p>Season 2 starts NOW! #SmogSwap will be more weighted to buying and holding $SMOG 💸</p>
  <p>Complete @zealy_io quests to take part! 📢https://t.co/JTtFnpOgL1 pic.twitter.com/xFhJr5f9KT</p>
  <p>— Almighty (@Almighty_Gives) March 18, 2024</p>
 </blockquote>
 <p></p>
 <p>The number of airdrop task completions on Zealy has exploded to almost 3 million, while it now has 107k holders and a cross-platform community of 106K. Smog’s market capitalization has soared to $145 million to make it the 22nd largest meme coin.</p>
 <p></p>
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/a9LPKT_1-lU" data-id="a9LPKT_1-lU" data-query="feature=oembed" data-alt="Why the Smog Token is up 🤩 Solana Memecoin Crypto <a rel=" dofollow title="Category Analysis" href="https://thebittimes.com/analysis.html" rel="noopener noreferrer nofollow">
  Analysis"&gt;
 </div>
 <noscript><iframe title="Why the Smog Token is up 🤩 Solana Memecoin Crypto <a rel=" dofollow href="https://thebittimes.com/analysis.html" rel="noopener noreferrer nofollow">Analysis&amp;lt;/a&amp;gt;" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/a9LPKT_1-lU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&amp;gt;</iframe>
 </noscript>
 <p></p>
 <p>The best place to buy Smog is on the official website&nbsp;here, where there is a 10% discount. But hurry to catch the deal before it ends.</p>
 <h3 id="also-read">Also Read:</h3>
 <ul>
  <li>Top 5 Cryptocurrencies With Most Potential For 100x Returns</li>
  <li>How To Buy Smog Token – A Complete Guide</li>
  <li>Most Trending Cryptos on Ethereum Chain Today – Mind, Smog, TAO Inu</li>
  <li>$SMOG Meme Coin 10x Growth Potential – How to Buy, Stake for High Rewards, and Price Prediction</li>
  <li><p class="pulse-title text-display-md text-color-text lg:text-display-lg font-bold w-11/12">Best Meme Coins to Invest in: Top Picks for Exponential Gains!</p></li>
 </ul>
 <p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/monero-price-prediction-xmr-is-biggest-loser-with-2-tumble-as-analysts-ask-if-it-s-too-late-to-buy-this-solana-meme-coin-after-parabolic-monthly-gain-tbt83443.html">https://thebittimes.com/monero-price-prediction-xmr-is-biggest-loser-with-2-tumble-as-analysts-ask-if-it-s-too-late-to-buy-this-solana-meme-coin-after-parabolic-monthly-gain-tbt83443.html</a></p>
</div>

Monero Price Prediction: XMR Is Biggest Loser With 2% Tumble As Analysts Ask If It’s Too Late To Buy This Solana Meme Coin After Parabolic M...

Tabla de contenidos

TheBitTimes

Otros artículos publicados el 25 mar 2024

Base TVL spikes amid meme coin surge, targets $1 billion

Ondo Price Prediction: ONDO Surges 31% To A New ATH, But Experts Say This 2.0 Meme Coin Might 100...

Elon Musk Questions Vitalik Buterin’s Departure from X

ChainGPT Pad: Where Giveaways & Groundbreaking Projects Meet

Internet Computer rallies 40%, emerges among the top weekly gainers

Final Stretch: Binance vs. SEC Legal Duel Draws to Conclusion

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!