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Monero price prediction amid historical 100K daily transactions

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Monero (XMR) has shown price and network resilience following Binance’s delisting on February 20. The leading privacy coin re-conquered the $150 price zone and has set a new record with over 100,000 daily trans action s. Notably, the Monero network established a new all-time high in the number of its daily transactions on March 5. At that date, BitInfoCharts registered 96,495 daily transactions, superior to the 60,305 registered on August 12, 2022. Nevertheless, this mark is already outdated. As of this writing, the network has 102,708 transactions confirmed on March 6. Picks for you The Tate Brothers warn about crypto coins using their images 2 hours ago Web3 app store Magic Square reveals new $66m grant program 3 hours ago Winners of CMC Crypto Awards 2024 finally announced 3 hours ago Finance experts set SHIB price for end of 2024 3 hours ago Monero trans action s historical chart. Source: BitInfoCharts This data highlights increased ...

Bitcoin price settles at $22.4K as daily RSI retraces 2023 bull run

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Bitcoin RSI is back at square one as the mood among traders becomes uncertain after 5% BTC price losses overnight. Bitcoin (BTC) traded around $22,400 at the March 3 Wall Street open as analysts stayed divided over the odds of a recovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes for an inverse "Bart Simpson" on BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading flat after a flash crash overnight saw $1,000 shaved off in minutes. As Cointelegraph reported, concerns over the fate of Silvergate bank exacerbated existing market cold feet to spark a margin call cascade to $22,000. At the time of writing, only a modest comeback had taken place, while opinions diverged as to how short-term price action would play out.  "Locked in some profit here on my short at $23,200 and moved my stop loss into profit so it's risk free," a risk-off Crypto Tony told Twitter followers on the day. "Notice those who were quick t...