Monero XMR/USD is up 3% over the last 24 hours, outperforming apex crypto Bitcoin Bitcoin/USD and the second largest cryptocurrency ethereum Ethereum/USD.
What happened: The possible cause of the rise is bitmart Listing Monero on the platform on December 30, 2022.
Monero offers peer-to-peer currency trading that is confidential, anonymous, and untraceable.
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Data from LunarCrush shows that social engagement on Monero has increased by over 128% in the last 24 hours, indicating bullish sentiment.
Monero is trading above the resistance at $152.24, according to Investors Observer. With key support at $148.09, Monero is potentially in a precarious position if the rise slows or stalls.
According to Coinmarketcap, Monero’s total market size increased by 13.16% from Thursday to $236 million.
price action: At the time of writing, ethereum It was trading at $1,253, down 0.11%. Bitcoin $16,836, down 0.08% over the last 24 hours.
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