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Monero

Monero Price analaysisThe test of ascending trend line in. place from March has so far held. This, to me, looks encouraging. The price is running into some resistance at $421. However, I expect this level to be soon cleared, putting XMR on a path to $450. A descending trend line at $450, from the April high, offers resistance. If the Monero price can clear this resistance, there is a good chance it can continue higher, with the ATH being an obvious target on the upside. A close below the ascending trend line at $366 would negate the bullish outlook.
XLong
by Evanwinter_trade
XMRUSDT LONGXMR is bullish.... on the daily timeframe market is in strong uptrend and has recently broke above the previous daily high with a strong impulse to the upside which has now been followed by a nice correction. The correction has hit the 0.618 fibonacci which also aligns nicely with structure, now im expecting to see the continuation to the upside. On the 4hr timeframe market has also just broke above the previous low and formed a new higher high, we can execute our long on the retest of this zone.
XLong
by ITSCRYPTO1
XMRBTC - SOOO BULLISHI think this chart speaks for itself Thanks to the Gaussian Mostly I don't use it on charting bcs it complicates things (I do check it though) bus this time everything is far enough apart AND everything points UP (if Gaussian is green/red for a relatively longer period than it tends to stay the same colour for a relatively long period) no contra-indications except possible H&S but on 4h it looks good so I'm not worried.... yet PRETTY SURE IT WILL GO A LOT HIGHER SUCCESS 🍀🍀🍀🍀 NFA - DYOR (it's fun)
XLong
by kkrypto.be
2
💡Don't miss the great buy opportunity in XMRUSD @monero Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (458). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XMRUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. Take Profits: TP1= @ 492 TP2= @ 518 TP3= @ 555 TP4= @ 608 TP5= @ 662 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6
A 18-step analysis of the last 6 month in the Crypto Market1. BTC Cycle 2. ETH Cycle triggered by diversification of BTC investors and new theme (DeFi in this case) 3. People by ETH to buy DeFi tokens 4. DeFi Cycle (UNI) 5. People buy DeFi tokens on biggest exchanges 6. Exchange Cycle (BNB) 7. BTC, ETH and DeFi investors convert their gains into Privacy Coins 8. Privacy Cycle (XMR) 9. People by ETH to buy NFT tokens 10. NFT Cycle (THETA) 11. People buy NFT tokens on the biggest exchanges 12. Exchange Cycle (BNB) 13. DeFi + NFT Cylces are cooling down and people are looking for the “next thing” 14. People buy First Mover tokens which are existing for multiple years 15. First Mover Cycle (ETC) 16. NFT, Exchange and First Mover investors convert their gains into Privacy Coins 17. Privacy Cycle (XMR) 18. BTC Cycle starts again Summary: Starting out with BTC, the crypto market moves in “Theme Cycles” like DeFi, NFT and First Mover. Beneficiaries (besides the Theme Cycle Leaders) are protocols which these tokens are built on – most of the time Ethereum. Gains are often converted into privacy tokens. As “enabler” to get access to these themes, exchanges always win since the transaction volume is increasing independently if prices spike or break down. Investment-Theses: BTC, ETH, BNB and XMR are amazing long-term holdings – independent in which “Theme Cycle” we are in.
COINBASE:BTCUSD
by RocknRoll_Capital
XMRUSD Buy the pull-back for $590.Monero is seen very effectively on the Fibonacci Channel formation but since August 2020 has been trading within a Bullish Megaphone pattern. The peaks have matched well with the Fib levels of the Channel with the current one being at 2.5. Every peak is on the 1.618 Fib extension from the previous bottom. Also every peak is made on or right after the LMACD forms a Bearish Cross. Right now the LMACD has made a Bearish Cross. Assuming the low of this phase was made on April 23 (otherwise if a new low is made you'll have to readjust the Fib and calculate the extension from that point) and since the Higher Highs trend-line of the Bullish Megaphone was reached, XMRUSD is most likely on a peak. The pull-back should bring a new Higher High at around $590. Most recent XMRUSD ideas: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes --------------------------------------------------------------------------------------------------------
X
by TradingShot
7
XMRBTC - UPDATE - SHORT - 1d chartIn an earlier post i mentioned 8000 as target for labour day (1st of May). LABOUR DAY CAME SOONER THIS YEAR This can retrace to 7000's or even 6600's 7400 can hold too but it's gonna go down in the days following WHY? bear div RSI 26th vs 28th of april H&S could be in the making I sold half @7777 I will be watching this closely in next couple of days and hope to fuel up bcs this goes up BIG TIME Always speak with two words though Always keep a close eye on BTC That M* can ruin it all And that's why you always need to look for the lowest trend line, even if she doesn't exist yet TAKE CARE LOVE YOU
XShort
by kkrypto.be
2
THORChain & XMR Will Team Up For A Better Stability Of NetworkXMR price traded at $411.50 with a gain of 7.43% in the last 24-hour. Furthermore, XMR coin price bounced from the support of $312. In contrast, the market capitalization stands at $7.3 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the 55-EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the target price of $500 in future trading sessions. TP-1: $500 Support: $312
BITFINEX:XMRUSDLong
by tcr_thecoinrepublic