Monero Breaking Up (Ichimoku)

As a followup to my Ethereum ETHUSD post yesterday Monero XMRUSD is likewise confirming an Ichimoku breakout on the Daily timeframe.

Monero is the third coin I watch most closely following Bitcoin and Ethereum. I believe that its use case (privacy) is one of the strongest reasons for cryptocurrency and the coin has been well established since 2014 and still under development. In marketplaces online where privacy is paramount they accept two currencies; Bitcoin and Monero, and Bitcoin's transaction costs are often far too high. Monero is the clear winner in this use case presently and likely into the future.

The YTD performance for 2022 of Monero has also outperformed both Ethereum and Bitcoin. So will investing in the two most popular currencies years ago would have yielded greater returns historically in recent history the winner has been Monero in terms of retaining its Store of Value.

Comparative values:
Monero Bitcoin XMRBTC

Monero Ethereum BINANCE:XMRETH