{"id":539833,"date":"2023-06-28T04:21:19","date_gmt":"2023-06-28T04:21:19","guid":{"rendered":"https:\/\/wncen.com\/?p=539833"},"modified":"2023-06-28T00:24:03","modified_gmt":"2023-06-28T00:24:03","slug":"monero-xmr-higher-13-days-in-a-row-whats-next","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/monero-xmr\/monero-xmr-higher-13-days-in-a-row-whats-next\/","title":{"rendered":"Monero (XMR) Higher 13 Days In A Row: What\u2019s Next?"},"content":{"rendered":"

An altcoin with a long and storied history, Monero is currently running to the upside in a way it never has before. After closing higher for twelve consecutive days – a new record for the privacy-focused altcoin – Monero looks poised to once again make history with a thirteenth straight higher close. What’s happened after other Monero winning streaks in the past? Let\u2019s take a closer look at the price history to find out.<\/p>\n

Monero Win Streak Making History<\/h2>\n

Monero’s current winning streak of twelve consecutively higher closes breaks the previous record set in 2021 of ten straight higher closes. While the price advance is clearly impressive, its unprecedented nature means we’ll have to look at earlier and shorter win streaks to get an understanding of what might be ahead for Monero in the future. In other words, we’ll use the prior shorter historical win streaks to generate enough occurrences to make a more statistically meaningful conclusion.<\/p>\n

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Monero 2023 Winning Streak | XMRUSD on TradingView.com<\/p>\n

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Monero 2021 Winning Streak | XMRUSD on TradingView.com<\/div>\n
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Related Reading: After Raising $3M, HedgeUp (HDUP) Receives Influx of Shiba Inu (SHIB) and Monero (XMR) Investors<\/a><\/div>\n<\/div>\n
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Because the number of occurrences varies based on holding time, we\u2019ll start by listing the number of times that six straight higher closes has happened next to our several hypothetical hold times of 7 days through 365 days. Holding time is defined as the amount of time one held the asset before exiting. For example, if one hypothetically purchased Monero following the trigger event (i.e., 6 straight higher closes) and sold it 30 days later, this would be a holding time of 30 days.<\/div>\n
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Monero Occurrences of Six Consecutive Higher Closes by Holding Time (May 2014 – Present)<\/strong><\/p>\n