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Home » Market Updates » Market Update Nov.15

Market Update Nov.15

Author: Jonathan Berger

Last Updated Jan 29, 2023 @ 16:51
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  • Monero XMR: After huge decrease, XMR has been doing well last days. Watch out support at 0.0099-0.01 levels.

    Monero XMR as of Nov.15 (click to enlarge)
    Monero XMR as of Nov.15 (click to enlarge)
  • ZCash: Mining software is rapidly improving hash rate. AMD R9 290 hash rate is now 120 Sol/s, which is 6 times what it used to be in the start of Zcash mining. This could lead to new lows, as miners countinue their work.
  • ZClassic is a new project founded by community of Zcash in Bitcointalk. ZClassic is a fork of Zcash, has a more reasonable price, and the main difference is that ZClassic doesn’t inculde the 20% bounty for Zcash developers. ZClassic current price is 4$, its mining efforts is growing very fast, doubled during last 24 hours.
  • ZClassic
    ZClassic

     

  • Etherum: In the next coming days another fork will take place, in order to prevent spam attacks. Technical anylisis show an important support level at current price – 0.014 BTC.
  • Etherum (click to enlarge)
    Etherum (click to enlarge)

    In the meantime, some projects are developing under Etherum :

    LightWallet – As sounds, light version of Ether wallet.

    SWARM – Decenteralized storage

    Knowledge Proofs – Privacy (Zcash).

  •  Bitcoin Tech Anylisis: At very interesting point. Could lead to a major movement to both sides.
    Bitcoin (click to enlarge)
    Bitcoin (click to enlarge)

     

    This post was first published on Nov 15, 2016 

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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About The Author

Jonathan Berger
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Breathing crypto since early 2013. Jonathan lives 24-7 analyzing market condition and current situation. One of his hobbies is mining very low-cap altcoins. Contact Jonathan: Facebook

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