Monero has been moving sideways in a 30% equilibrium pattern since December 2018. This price movement is abnormal compared with other ALT Coin price actions since the beginning of the 2018 Bear Market. We are beginning to see Bullish Divergence on the RSI. The RSI is currently in the 40 range and beginning to move upwards. There could be a Bullish trade...
Monero looks somewhat better than LTC and NEO, but only due to the fact that the price is not contained by the nearest descending parallel channel. The buyers deserve no credit for this, however - XMR just fell out of it, without volumes or enthusiasm. The level of $160 seems to be a good aid for investors: the price has rebounded from it 3 times already, although...
They don't last forever ... take care
Monero (XMR/USD) rallied on Tuesday and broke the descending trendline. If the rally continues we can expect price to reach the resistance level around $260. If price starts to fall again, we may see a retest of the trendline as well as the support level around $150 before a new rally. At the moment price is between key support and resistance levels and it's...
The downtrend in price of Monero (XMRUSD) from ~$373.69 on March 5,2018 to ~$186.32 on March 18, 2018 is identified in this analysis as a minor wave A position. Monero is therefore currently in a minor wave B position that has not terminated yet. The target area ($242.89 and $254.38) marked on the chart indicates the potential region of termination of Minor wave...
$XMR $Monero is showing signals of recovery. MACD is crossing signal, Stochastich showing Shorts are getting exhausted and RSI is increasing. $XMR is retesting .718 Fib, if is broken it can go higher without any doubt. Placing my longs here. Disclaimer: This is not a financial advice.
Everything is in the chart. Buy 155-250$ Stoploss 148$
According to the impulsive wave from dip. It started from an strong support at 179 usd level, this will extend the wave to complete the 5 impulsive waves accordingly, retracing to 0.618 Fib levels and using it as floor to keep impulsing the uptrend. Disclaimer: This is not a financial advice.
Fibonaccis, RSI, resistance and support trend lines seem to all add up to another climb, possibly to $320 area. Happy trading.
Monero, one of the most known cryptocurrencies in the market may soon be integrated with Ledger Wallet. The integration would be a very important step for the developer team and Monero’s community.
Technical analysis: .MONERO/DOLLAR is in an up trend and resumption of up trend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. .The RSI is at 58. Trading suggestion: There is possibility of temporary retracement to suggested support zone (258 to 224) , if so, traders can set orders based on Price Action and expect to...
Hello, we see XMR (Monero) going down and touching the 78.6 % retracement of the recent swing. The 50 EMA has formed a bearish cross to the downside and we see XMR way under 200,100 and 50 EMA In the next days XMR will touch the support line at 150 USD i am pretty sure about. We could also move more down from this level, we have to see how this plays out....
Looks like XMR is not ready for bull rally yet. Let's give it some time and we'll see what happens.
Zones in which I will be trying to accumulate Monero. I will buy in every zone except the $200 one. Every time +25% more than in the previous zone. This will be a long term investment with target of $500 per coin. twitter.com
As many other cryptocurrencies, Monero price was bearish last few days. However, the momentum stopped last few hours and the price formed a big bullish bar. It means, sellers locked their profits and become buyers. If the Monero price continues dropping, then next structure low is at 262.2 which act as support level. This is where big buying orders are most...
Monero. Naughty ascending triangle really strong formation occurring, obeying top of triangle V nicely. Supports and resistances everywhere as great safety nets. Facts Wave trend ~Looking to turn. RSI ~Looking to bounce off resistance and hit support. ADX + DI ~Looking to trend up generally and confirm a trend on the DI+. BTC ~Bullish movement could...