After the recent Monero upgrade, mentioned in our previous idea, XMR transaction cost went down by 97% That is extremely positive news for Monero, which by now, should have already been digested by the market. But at the same time, Bitcoin downtrend could have affected the price of Monero, holding it back from the potential growth. Maybe, after BTC price will...
Hello! Real goals on XMR higher than last ATH. ITS NOT financial advice!
XMR seems to be coiling here as it sits on the demand zone accumulating for a push higher. Volume has scaled back recently so we could very well see some volatility return to the coin once volume returns. We are, however, below both EMAs and have found resistance on the last touch at the fast-moving EMA. This OB has been a very strong level if we look to the...
Monero has marginally crossed the 1D Triangle on 101.300 (RSI = 42.166, MACD = -2.174, Highs/Lows = -1.3445, B/BP = -3.9142) but not on a strong enough sequence to cross the previous Low at 100.035. Therefore it needs to brek the 96.190 1D Support within the next 4 sessions in order to develop a Channel Down. We are still bearish on the long term with TP = 75.792, 64.104.
XMRUSD, Forecast on D1=> UP ( And How do you think ? )
Let's analize together the monthly timeframe. As you can see, trend is extremely bearish. But, month after month, the bearish power is always lower. September looks like a good Doji. November candle will be crucial to predict the next moves... for now, i just wait a break of September's candle. Good Luck!
XMR has resumed the sideways movement within the 1D Triangle (RSI = 50.506, ADX = 31.310, Williams = -48.896) as it failed to deliver a Lower Low below 100.000. We expect a rejection on the 115.780 Resistance and a break-out test at 104.000. Breaking the 96.190 1D Support will pave the way for our long term bearish targets (75.792, 64.104).
XMR has continued its uptrend nicely on the back of news that its transaction costs dropping down to basically zero, which puts some heat on ZEC. EMAs have started to turn up and could very well crossover if we can get above this supply zone. Volume has returned somewhat but on this spike up, we got stopped right at the top of the sell block so closing above...
ALL I AM SAYING IS I WILL WAIT THIS ONE OUT. GREAT POTENTIAL IN IT thou trade safe
i am expecting a break to in this. it should be a move up, see screen for possibilities please, like, follow and comment :)
Monero delivered the expected aggressive bearish candle last week, and setting aside Monday's non-technical noise on the crypto market, the 1D Channel Down (STOCH = 32.187, MACD = -1.950) is now set and currently on a Lower High (RSI = 47.977, Highs/Lows = 0.000). 1W (MACD = -25.178, B/BP = -14.1959) is expected to push this lower towards our targets (TP = 75.792,...
Currencies with high privacy could be the biggest winners in the future. Here a complete overview of Monero (XMR) since the start of the currency. There are analysts who see Monero (XMR) at over 15.000 USD in 10 years. Let's see what happens. Happy trading. :-)
Hello Traders! I am here to provide some much-welcomed GOOD NEWS! XMRUSD: Target = $230 We could see a little bit more of a pullback, but the retrace target is clear to me. Mind you, this idea could be invalidated if Bitcoin breaks below $6200. However, I do not believe Bitcoin will do that. If you have ever followed my analysis in the past, I am an avid user...
Cryptos took a major hit across the board, as did stocks. The difference between stocks and cryptos is that followers of this account were well prepared for the bloodbath. See for example this article , this one , this one , and this one . Here, we follow up on another successful prediction . We predicted that Monero would break down against Bitcoin as...
Although the title of this article, "Gloomy Outlook on Monero" , left little room for interpretation on our viewpoint of this coin, the contents gave a very specific outline of our expectations. In fact, we not only identified that a crash was near, but gave explicit levels for what to expect and where we could anticipate support. The level we called out,...