The Bottom for Monero is inAfter a near 1000day bearrun Monero is poised for the breakout.
The XMR BTC pair is also slowly turning bullish.
Everything is possible on Monero. Just dont forget to sell in March of 2025
BEARISH! $XMR Monero CryptoCurrency Monero (XMRUSD) Analysis:
Weekly Timeframe:
Monero is currently experiencing a downtrend, indicating a lack of demand in the market.
The sustained downtrend on the weekly timeframe raises concerns about the overall strength of Monero in the current market environment.
Daily Timeframe:
On the daily
Monero (XMR): Clear Path for Strong Surges AheadMonero (XMR): CRYPTO:XMRUSD
Monero (XMR) , like many other cryptocurrencies, experienced significant sell-offs but hasn't recovered as robustly as others. This lagging behavior presents an opportunity to capitalize on potential faster and more favorable entry points. Currently, it is believed t
Looking to go long on monero at supportThis is the only crypto which has a use case, and can live up to both CASH and PRIVACY.
If I am going to be a speculator in this space, it will be on monero.
That being said, theres still a long way down till I consider buying.
Its funny though, the only useful crypto is massively underperforming
Xmr moneroMonero is forming a bulish flag
Target is 180$
Then if we continue
Tp2 252$
Tp3 293$
Tp4 488$
Monero is showing an absolutely incredible pattern in the chartsMonero (XMR) is showing an absolutely incredible pattern on the weekly and daily charts. Monero is one of the very few truly decentralized and anonymous blockchain cryptocurrencies on Earth, which is why the powers-that-be are working to make it harder and harder to obtain. This is why it was droppe
Potential XMR trading OpportunitiesRight now I think XMR lacks the support to push past 140. It's bounced to 130 a few times recently. I think loss of buying interest will push it down for a good day trade opportunity in the $126-128 range as XMR makes one last spurt up to ~$131-132. I think an intraday trader could look for a sol
XMRUSD: falling wedge patternA price action above 141 supports a bullish trend direction.
Increase long exposure for a break above 150. This level is also the 61.8% Fibonacci retracement level.
The target price is set at 163 (its 78.6% Fibonacci retracement level).
The stop-loss level is set at 129 (just below its 38.2% retrace
Short Term Sell Off long Term GainsXMR has seen some recent loss in buying power (I have another post on day trade targets if you're interested). For long term potential, XMR has seen a large amount of buying pressure. Also consider that anyone that has bought XMR in the last 4 years or so, outside of a few bearish blips, would be
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