Replying to Avatar tuco

Mine, according to the technical analysis, is that an event was needed to explain the “expected” movement down. As it always happens (delistings here and there). But the trend is clear.
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Fr. Elijah 4mo ago

You don't think we will touch that higher trend line before falling? I wonder at what price it is no longer economical for the 51% attack..

We know the majority of people are not mining monero for the gains. It's just to help the network.

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tuco 4mo ago

Obviously this is my guess, but my bet goes on the price dropping a bit more, since there’s still time to fall, but the strength (ADX) seems to slow down so the price might stop dropping around this level. If it breaks the 240 (significantly) then it could go to the next lever around 195.

With the new version ahead and the survival of the 51. I’m betting for a recover, the same way monero use to do so far.