Monero biggest gainer of the day, channel formation visible. IMF says Blockhain is a revolutionary technology. Monero has started rising in a channel like formation which also has properties of a rising wedge which can potentially be a bearish signal once broken down of the formation, although it is still early to call for one. XMR/USD is up more than 3 percent on day at $168.645 after hitting a low of $162.2851. On the 15-minute chart, XMR is in the process of forming a parallel channel which also has all the properties of a rising wedge, which once confirmed, would result in prices breaking down and can take Monero down to where it began from – around $160. Global financial oversight body, International Monetary Fund (IMF), in its research note had all the praises for Blockchain technology and said Blockchain is a revolutionary technology and will make financial transactions more secured and faster. XMR/USD 15-minute chart: FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Ripple price analysis: XRP/USD unshackles itself, but finds resistance FX Street 5 years Monero biggest gainer of the day, channel formation visible. IMF says Blockhain is a revolutionary technology. Monero has started rising in a channel like formation which also has properties of a rising wedge which can potentially be a bearish signal once broken down of the formation, although it is still early to call for one. XMR/USD is up more than 3 percent on day at $168.645 after hitting a low of $162.2851. On the 15-minute chart, XMR is in the process of forming a parallel channel which also has all the properties of a rising wedge, which once confirmed, would… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
