Yes seems Monero is a new LTC.

Here we go, is this going to be more positive now? we went bottom in on the 4hr nicely but not quite the 12hr.    may do a little bounce similar bottom and up. Wha hey! come on old girl. 

You want to wait till the daily RSI is low and buy then because in the past it was sure that from this point on XMR would go up. But others know this too and will place buy orders before that happens to be sure not to miss the elevator.

I would like to add: We are very near to the "end of the downtrend in XMR/BTC", one can play around near the bottom, but Monero has always shown sudden peaks in the past. This can mean for hodlers and those who value the XMR technology above the other cryptos the loss of precious XMR. For traders it is "just" missed profit.

Although the XMR/USD pair is not traded with high volume I would not discard it, we move there in the range between (tighter) Bollinger bands on the daily chart and right now we could see an upswing again. Do not forget that the XMR bearish trend is also just a result of BTC going up, while it remains stable in fiat. Combine this with the low RSI on BTC/XMR coming soon and the support lines on the daily chart and you have a better picture then with RSI alone.

I would also like to add that some updates are also around the corner as is the coinbase implementation of XMR which cannot be calculated into the price as it will influence the price additionally to the speculation once it is done. The XMR community shows continous and accelerating growth, the numbers of reddit subscribers is just one of them. Also I think a lot of XMR investors have realized after the recent pump of ETH where the price of XMR could be in already 1 or 2 years, clearly above 50 or 100 USD, so more and more are long term hodling.

I just know when the bottom is in I will change all my ETH to XMR as could others too.

the bitcoin price listed there actually says poloniex beside it ,maybe they changed the API ?
why would polo be higher than bfx anyway ?

It washes your dishes, fights ISIS and can peel off your fruits so you can enjoy life while all other coins incl. btc take care of your privacy.

someone needs to do some reading .......and comprehending what you read is the next step after that ......

shorting xmr is a mugs game btw,but good luck anyways

3 posts after four years dormant - odd.  But talking your book here is surely pointless when your investments appear to be elsewhere

I'm just getting back into Crypto, I could be wrong but the Monero community seems to have an unhealthy and ungrounded amount of faith in the coin that's all.

And other crypto communities don't?  

Here's a hint: Read about Hidden Champions. All of them have one basic thing in common -> specialisation.
Monero specializes on one simple (complex) thing: Being eCash. Nothing more, nothing less. And it works already remarkably well.

Maybe the amount of faith people put in XMR is actually a healthy and grounded sign of awareness.