Hello!
I'm back with a new XRM Techincal, Fundamental sentimental analysis
Sentimental and Fundamental analysis
I predict that XMR price is on positive side, but as you all good analyzers know that after all big bullish waves, there is a small correction wave, and that is very significiant if the price will continue rise up side, and ofte the correction wave will stop above a resistance line, now all news about Cryptocurrencies that all people are hearing says that cryprocurrencies is going to fly into the sky, and that makes people who are not even know what cryptocurrencies is enter the crypto market. Wich will lead to that the price will rise up, and that what happened when Paypal news was out, after the price has rised we've seen a very big ammount og BTC moving between the wallets, and aboulobly it's the whales who is dominate this wallets, i predict that the whales will sell and take their profit, wich will create a small not big bearish direction because the whales will not sell all bitcoins they have and that is depended on that they now that when Paypal launches BTC on their service, the price will bull up again and make a too much bigger bullish that it did before. So the conclusion is that sell all XRM BTC that you have now and tkw you profit, then you can buy again on lower areas, But during this bullish will happen, the whales will move into another altcoin wich well lead to a fast and big bullish in Altcoin market. But after that there will be a price correction.
Technical Analysis
Well we have seen a very good bullish in the cryptocurrencies market in the last few weeks, but i predict that there is a lttle correction wave that is coming, we've seen XRM moving down side after the big bullish that it maked and simply that is because after every big bullish, there is correction, and that what we're see today on XRM chart, after that XRM beaked down the 117$ resistance line, and now the price i retesting this area, if we see an bearish candels sized -1 / -2%, it will be a big bearish direction into the 100$ support line.
I'm back with a new XRM Techincal, Fundamental sentimental analysis
Sentimental and Fundamental analysis
I predict that XMR price is on positive side, but as you all good analyzers know that after all big bullish waves, there is a small correction wave, and that is very significiant if the price will continue rise up side, and ofte the correction wave will stop above a resistance line, now all news about Cryptocurrencies that all people are hearing says that cryprocurrencies is going to fly into the sky, and that makes people who are not even know what cryptocurrencies is enter the crypto market. Wich will lead to that the price will rise up, and that what happened when Paypal news was out, after the price has rised we've seen a very big ammount og BTC moving between the wallets, and aboulobly it's the whales who is dominate this wallets, i predict that the whales will sell and take their profit, wich will create a small not big bearish direction because the whales will not sell all bitcoins they have and that is depended on that they now that when Paypal launches BTC on their service, the price will bull up again and make a too much bigger bullish that it did before. So the conclusion is that sell all XRM BTC that you have now and tkw you profit, then you can buy again on lower areas, But during this bullish will happen, the whales will move into another altcoin wich well lead to a fast and big bullish in Altcoin market. But after that there will be a price correction.
Technical Analysis
Well we have seen a very good bullish in the cryptocurrencies market in the last few weeks, but i predict that there is a lttle correction wave that is coming, we've seen XRM moving down side after the big bullish that it maked and simply that is because after every big bullish, there is correction, and that what we're see today on XRM chart, after that XRM beaked down the 117$ resistance line, and now the price i retesting this area, if we see an bearish candels sized -1 / -2%, it will be a big bearish direction into the 100$ support line.