Market Updates
1 year ago

Market Update Nov.15

Jonathan Berger Nov 15, 2016 13:26
  • 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)

  • 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

     

  • 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)

    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)

     

    This post was first published on Nov 15, 2016 

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Jonathan Berger

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