The cryptocurrency market is going through a correction after the recent surge above $8,000. Yet, relative to BTC, will privacy coins fare any better? Using two indicators—support resistance levels and moving averages—it is possible to assess the outlook for Monero, Zcash, Verge, Komodo, and Grin.
The first technical attribute that will be used to analyze the mid-term future of the top anonymity coins is the support and resistance points. According to Investopedia, these are defined as a series of predetermined “price levels on charts that tend to act as barriers, preventing the
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