The post Monero (XMR) Price Analysis for January 21 appeared on BitcoinEthereumNews.com. Most of the cryptocurrencies remain in the red zone; however, there areThe post Monero (XMR) Price Analysis for January 21 appeared on BitcoinEthereumNews.com. Most of the cryptocurrencies remain in the red zone; however, there are

Monero (XMR) Price Analysis for January 21

Most of the cryptocurrencies remain in the red zone; however, there are some exceptions to the rule, according to CoinStats.

XMR chart by CoinStats

XMR/USD

The rate of Monero (XMR) has declined by 6.54% since yesterday.

Image by TradingView

On the hourly chart, the price of XMR is above the local resistance at $510.11. If the daily bar closes around that mark, traders may expect an ongoing upward move to the $550 zone soon.

Image by TradingView

From the midterm point of view, the rate of XMR has made a false breakout of yesterday’s bar’s low. However, the volume remains low, which means it is early to think about a fast bounce back.

Image by TradingView

From the midterm point of view, one should focus on the weekly bar’s closure in terms of the $518.99 level. If it happens below it, the decline is likely to continue to the $500 zone.

You Might Also Like

Such a scenario is relevant until the end of the month.

XMR is trading at $517.12 at press time.

Source: https://u.today/monero-xmr-price-analysis-for-january-21

Market Opportunity
Monero Logo
Monero Price(XMR)
$523.57
$523.57$523.57
+1.35%
USD
Monero (XMR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shiba Inu Faces Growing Risks as Leadership Instability Concerns Holders

Shiba Inu Faces Growing Risks as Leadership Instability Concerns Holders

TLDR Shiba Inu faces growing risks due to leadership instability and the absence of its lead developer, Shytoshi Kusama. The lack of identifiable leadership raises trust issues, hindering Shiba Inu’s ability to attract institutional investors. Shibarium’s transaction volume has significantly declined, sparking concerns about its ability to support decentralized finance (DeFi) growth. A recent $3 [...] The post Shiba Inu Faces Growing Risks as Leadership Instability Concerns Holders appeared first on CoinCentral.
Share
Coincentral2025/09/18 06:14
Cashing In On University Patents Means Giving Up On Our Innovation Future

Cashing In On University Patents Means Giving Up On Our Innovation Future

The post Cashing In On University Patents Means Giving Up On Our Innovation Future appeared on BitcoinEthereumNews.com. “It’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress,” writes Pipes. Getty Images Washington is addicted to taxing success. Now, Commerce Secretary Howard Lutnick is floating a plan to skim half the patent earnings from inventions developed at universities with federal funding. It’s being sold as a way to shore up programs like Social Security. In reality, it’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress. Yes, taxpayer dollars support early-stage research. But the real payoff comes later—in the jobs created, cures discovered, and industries launched when universities and private industry turn those discoveries into real products. By comparison, the sums at stake in patent licensing are trivial. Universities collectively earn only about $3.6 billion annually in patent income—less than the federal government spends on Social Security in a single day. Even confiscating half would barely register against a $6 trillion federal budget. And yet the damage from such a policy would be anything but trivial. The true return on taxpayer investment isn’t in licensing checks sent to Washington, but in the downstream economic activity that federally supported research unleashes. Thanks to the bipartisan Bayh-Dole Act of 1980, universities and private industry have powerful incentives to translate early-stage discoveries into real-world products. Before Bayh-Dole, the government hoarded patents from federally funded research, and fewer than 5% were ever licensed. Once universities could own and license their own inventions, innovation exploded. The result has been one of the best returns on investment in government history. Since 1996, university research has added nearly $2 trillion to U.S. industrial output, supported 6.5 million jobs, and launched more than 19,000 startups. Those companies pay…
Share
BitcoinEthereumNews2025/09/18 03:26
Iran’s Central Bank Spends $500M on Crypto Amid Rial Crisis

Iran’s Central Bank Spends $500M on Crypto Amid Rial Crisis

Iran's Central Bank has reportedly acquired more than $500 million in cryptocurrency assets over the past year to mitigate the ongoing currency crisis.
Share
coinlineup2026/01/22 08:59