XMR is currently experiencing a sideways price action, with a notable strong resistance capping its price movement, preventing it from surpassing the $170 level on the daily timeframe. In light of this, we anticipate a downside momentum to act as a correction leg for the previous bullish trend. Simultaneously, we are closely observing for a potential bearish...
According to our current Monero price prediction, the value of Monero is predicted to drop by -2.32% and reach $ 164.17 by July 6, 2023. According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 59 (Greed). Monero recorded 21/30 (70%) green days with 7.04% price volatility over the last 30 days. Based on our...
XMR repeatedly failed to break resistance. The asset broke down through the 50EMA on the 4H TF. RSI fell below 50 points. I think the chart will continue lower after fixing under the support level.
There is a lot of bullishness in the XMR chart despite everything that is going along globally with politics and economics. For a long time I have watched XMR with the assumption that it may be forming a massive double top but so far that has not materialized A zoom in onto the handle shows a clear falling wedge which has a bullish bias. There is a double...
XMR exited the downward channel, formed an uptrend line and formed a bullish takeover. Price has fixed above 50EMA (4H TF) 50EMA has broken up 200EMA (1H TF) The RSI chart is moving in a buy zone (4H, 1H and 30m TFs) I believe the asset may continue to rise after fixing above the resistance level.
Over the past month, XMR has been trending downwards, experiencing a moderate level of selling pressure. This led to the breach of its initial support level around $147, and the price subsequently hit the second support level at approximately $136. As anticipated, there was a positive reaction at the second support level, resulting in a 6% increase in XMR's price....
If you haven`t sold XMR here: Then i will remind you that Monero (XMR) has gained popularity for its capacity to enhance user anonymity, making transactions challenging to trace through the utilization of stealth addresses. However, this aligns with a goal that regulators do not necessarily support in the cryptocurrency space. A leaked version of a US draft...
I won't be talking too much about how bullish XMR is currently. But we just went along quite aggressively considering multiple technical aspects of the current price action. The most important is obviously the weekly break and close above the long-term downtrend trendline. Secondly, we have the price hoovering above the 61.8% Fibonacci level for quite some time...
Trading volumes are expressing interest in price growth. The RSI chart is moving in the bullish zone on the 4H Timeframe. Price has fixed above the 200EMA on the 4H Timeframe. I believe that the asset will continue to grow after fixing above the channel.
Hello everyone. Today we will analyze XMRUSDT in general terms. This coin has recently had very low volatility, as the price is squeezed by levels from above and below. Therefore, we should expect some kind of movement in the near future. And judging by the fact that we have been knocking on the 150 level for the umpteenth time, there is every chance to finally...
Monero has consolidated under 200EMA on 4H Timeframe. The RSI chart is moving in the bearish zone on 4H, 1H and 30m Timeframes. 50EMA has broken down 200EMA (1H TF) TD Sequential indicator has formed a reversal signal down (1H TF) I believe that the asset will continue to decline after fixing under the support level.
The price has pulled back from the double bottom, and it is expected that it will break out the neckline at 156.05. The double bottom pattern and bullish divergence are formed simultaneously. potential bullish entry at the breakout of the neckline at 156.05SL and TP levels are defined.
After an expected pullback, we are re-entering the XMRUSDT long as it offers a much better risk/reward opportunity.
XMRBTC - If you are waiting for the backtest of that massive breakout, you may not get the chance for it. Last cycle it ran 1500% against BTC before officially backtesting the break. Cheers,
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the XMR symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
XMR has rejected the uptrend trendline, after which the price has produced a new higher hight. This by itself is a bullish sign, but we must not forget about the potential Head and Shoulders reversal pattern, which is also taking place.
Monero has been heavily underperforming BTC for a long time, this means you are taking more risk holding XMR than if you are holding BTC however, I see XMR is beginning to enter a super bullish state, with a maximum TPI value of 1: This could mean that we could see a nice trend to the upside:
Monero has been trading in a downtrend for a while, and almost strictly within the red shaded (fib .236 - .382) area for 11 months straight. It has a date with destiny soon though, and will either breakout within the shaded triangle area or collapse down to the $145 range. If Monero clears the .382 fib line at $172.60, I really need to see a firm retest. To...