Get started

Monero

Bullish time at MoneroI have a big bullish target for monero at previous analysis, and today I found another bullish pattern. After symetrical triangle resistance broken (previous analysis), we have diagonal support line (black). This support will be a good line to hold next bearish movement if we have pullback. Monero also touch fibonacci 0.618 support with a big shadow, 1.618 profit projection at $185.51 will be a good target for now. $174.72 previous high become new bullish confirmation. If this level break up today, we will reach $185.51 target soon. I will update more about Monero if I found another great pattern Don't forget to support this analysis, If you have any question, do not hesitate to contact me Your support at this analysis will also support Monero to reach bullish target Click here to check my other analysis
KRAKEN:XMRUSDLong
by AzrulAzir
Monero 149% profit projectionDaily timeframe If we look at daily timeframe, Monero reach major resistance (black line). This resistance forming a big symetrical triangle pattern with a big range, and if this reistance break up, $427 will be a good bullish target with 149% profit projection. If we zoom in, I have smaller symetrical triangle pattern, with 62% profit projection at $262. The good news is, this pattern already broken. you can see the detail here : 4 Hour timeframe After break up blue symetrical triangle pattern, bullish flag pattern perform. We have previous support and also fibonacci support at $164.50, and right now, Monero touch it. 1.618 fibonacci Profit projection at $181.45 with 10.39% profit ratio you can see details here : In this analysis we have 3 target : 149% profit projection at $427 62% profit projection at $62 10.39% profit projection at $181.45 If you have any question, do not hesitate to contact me, and your support at this analysis also support Monero to reach bullish target. Happy trading
KRAKEN:XMRUSDLong
by AzrulAzir
Monero (XMR) Is It Strong Enough To Stand The Bears? Compared to other altcoins, the growth of XMR has been quite modest. Since the beginning of September, the asset's price has increased by 29%, while many coins have doubled or even tripled in value. Currently, Monero is trading between a support level of $163 and a resistance zone of $171-$175. Given the correlation between XMR and BTC, if the overall positive trend in the market continues, it could lead to further growth in the Monero price. In that case, the next targets for buyers would be the levels of $180 and $187. A correction of the uptrend is an acceptable development scenario. Below the current level, buyer orders are found in the range of $154.0-$158.5 and at the mark of $147. An aggressive fall in BTC could have a significant negative impact on the XMR price, as the support levels mentioned are likely not strong enough to hold back the heavy selling pressure.
XLong
by DEXWireNews
XMRUSDT Awaits Explosive Growth⚪ XMR has been locked in a year-long triangle pattern, where it straddles the line between bullish enthusiasm and caution. The crucial takeaway here is the unwavering commitment to the long-term demand, as evidenced by its faithful respect for the uptrend trendline. This, my fellow traders, is a strong indicator of the resilience and potential staying power of Monero. 📊 ⚪ However, the crypto remains tethered under the grasp of the downtrend trendline, an aspect that often makes investors hesitate. But let's not overlook a significant development – the recent and clean bounce off the 78.6% Fibonacci retracement level. This isn't just a bounce; it's a sturdy support, working in harmony with the uptrend trendline. ⚪ The magic number to remember is $134 – a key support zone that, when respected, solidifies our confidence in the continuation of an uptrend. It's important to comprehend our trading strategy. We've decided to seize the moment and take a long position in XMR without waiting for the elusive breakout of the downtrend trendline. Why, you ask? Well, we've already identified a compelling risk-reward setup. ⚪ Moreover, we're keeping a close watch on the downtrend trendline. It may very well crumble under the pressure of intensified buying, presenting a slightly tardy but still promising entry point for long-term buyers. The nitty-gritty, including our trade signal with stop loss and take profit levels, is conveniently available in our channel.
Long
by CryptoPAMM
XMR is near the razor's edge!From where I entered "START" on the chart, the XMR symbol has entered the corrective phase. The structure of this corrective phase is twofold. We've had a diametric followed by a wavy X and then another diametric again. We are now at the end of the second diametrical F wave. Wave G can end somewhere between the drawn fibos corresponding to the relativity of wave A to wave G of the second diametric. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
X
by behdark
Crypto XMR Morning star reversal with bullish divergence - BuyCrypto - Monero - XMR We have a few indicators pointing in the same direction right now. The morning star reversal is a bullish candle. There are 3 bullish divergences with price and RSI. STO is low so price is ready for a bounce. And we have just gone oversold for the first time since November 22. Feels like time for a bounce to me. Time to get Long. Price = 142.10 Target 1 = 157 Stop loss = 134. Stay safe fam.
XLong
by thecryptochart
Long Privacy Coin Leader: Monero XMR, Follower Zcash ZECLazarus Group, an infamous hacking group of an unknown number of cyber criminals allegedly run by the government of North Korea, currently holds more than $47 million worth of crypto assets in their wallets. The blockchain analytics provider Dune Analytics, which gathers on-chain crypto data and makes it accessible to the blockchain community, revealed that stolen assets include Bitcoin, Ethereum, BNB, and Binance USD, among other stablecoins. Still, the current amount of stolen funds has dropped by $39 million compared to the $86 million the Lazarus-linked wallets held on September 6. The figure was noticed a few days after the online gambling platform Stake became a victim of the group and lost $55 million in the incident. coinmarketcap.com
XLong
by noam_chom
Box range: 140.50-148.12Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (XMRUSDT chart) (1D chart) To continue the downward trend, it must fall below 143.43 and show resistance. If not, it is expected to rise above 145.55-146.69. However, since a trend is expected to be formed only when it breaks out of the 140.50-148.12 box range, I think it is better to respond briefly when trading within the box range. (1h chart) Support and resistance areas are formed in the 142.88-145.0 range. Therefore, in order to maintain SHORT, it must fall below the 142.88-143.91 range. Therefore, it is recommended to respond briefly in the 142.88-145.0 range. If it falls below 142.88, it is expected to fall to around 137.8-139.03. If it rises above 145.0, it is expected to rise to around 147.15-147.55. -------------------------------------------------- To sum up, since it is within the box section, short section trading using the top and bottom of the box section is in progress. If you do not want to trade in a short corresponding zone, it is better to wait for a break out of the box zone on the 1D chart. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
Downward Trend and Price DynamicsMonero has experienced a consistent decline over the past month. Despite considering a support level around $158, there wasn't enough demand to maintain it. This coincided with increased selling pressure, causing Monero's price to drop to around $136. This puts the currency back into the range where its previous upward movement began, as seen in the daily timeframe. Looking at the weekly timeframe, there have been 9 consecutive bearish candles, indicating significant selling pressure. To change this negative trend, a decisive break above the $149 level is necessary, which could lead to potential price growth towards the target of $200. In the short term, the price chart displays a channel between $150 and $135. If the lower boundary of this channel is breached, considering the overall bearish market conditions, there's a possibility of further price decline towards the $125-$120 range for Monero (XMR).
X
by MonoCoinSignal
26
XMR: Support BreakoutMonero (XMR) technical analysis: Trade setup : After getting rejected at $170 two- or three times (Double or Triple Top pattern), price broke below $150 support and could revisit $132 support next. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance : Nearest Support Zone is $132. The nearest Resistance Zone is $150 (previous support), then $170, and $187.
XLong
by altFINS
Monero Money Flow Picks Up: Should We Continue Trading?The money flow within the Monero ecosystem has recently picked up, leaving me wondering whether we should continue trading this cryptocurrency. Over the past few weeks, Monero has shown signs of increased activity and market interest. The trading volumes have surged, indicating renewed enthusiasm from investors and potentially creating new opportunities for traders like us. Monitoring the money flow within a particular market is crucial for making informed trading decisions. The recent rise in Monero's money flow has sparked my curiosity, prompting me to evaluate whether we should consider increasing our trading activities with this digital asset. While the reasons behind this surge in money flow can vary, it is essential to delve deeper into the factors influencing this trend to determine its sustainability and potential profitability. We must engage in an open discussion about the current state of Monero and its prospects. Together, we can analyze the market dynamics, assess the potential risks and rewards, and ultimately decide whether it is wise to continue trading Monero. Therefore, I kindly invite you to share your insights and opinions. Your experience and expertise in the trading field would be invaluable in helping us make an informed decision. Please feel free to voice any concerns in the comments or questions regarding Monero's recent money flow surge or other factors that may influence our trading strategy. I look forward to your response and the opportunity to continue our trading journey with Monero.
X
by bryandowningqln
XMR/USDT possible scenario?👀 Monero(xmr) Today Analysis 💎 XMRUSDT is making a promising move as it successfully mitigates the supply zone containing the bearish OB and fills the imbalance. 💎 Currently, we observe that it has been rejected several times from a certain resistance area, indicating a loss in bullish momentum. 💎 The RSI also shows a significant downward move. If the price breaks the resistance level, it will set up bullish momentum. 💎However, if it fails to break the resistance, the price could take a downward turn to mitigate the Bullish OB 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
X
by MyCryptoParadise_Simon
2
XMR Investment Plans.I'm going to make an investment purchase of Monero next year. A significant portion of the money I've been making in futures will go into a long-term buy and hold of XMR. Ready to share my vision of how I will buy. I expect a qualitative change in attitude towards Monero in the coming years. The number of beneficiaries of invulnerable capital is growing. This means that bought with money that in no way can be cashed in Monero becomes an important link in the withdrawal of capital. By the way, I also believe that in the coming years there should be platforms focused primarily on decentralized trading using Monero. 1. $97-95 - 20% of total planned budget. 2. $62 - 40% budget. 3. $40.05 - 40% budget. Real life will begin in 2025. ;) I expect at least $900-1000 for XMR at the peak of the market.
by averkie_skila
8
#XMR 23 Days in Downtrend. When to Buy?Its been 23 Days since #XMR decreases in price. Expect continuation of the downtrend with further increase of the price, because on D TF we can see RSI almost oversold. And the price is coming to very strong support where we can see Weekly FVG, Weekly 50 ema cross and 200 ema cross on D TF We can expect bounce from that level - 148.8$ If the price wont stay above 1st Target, that I mentioned on the chart, after the bounce from 148.8$ Then probably, coin will continue its descending move towards to Support line that you can also see on the Chart, where I will set a Limit order to buy. You can Open: Shorts until the levels I mentioned in the chart and set Limit orders to long when the price will reach the levels. L ong Position invalidates only if the price will stay below the support line.
XLong
by vazitrades
1
XMR: Approaching ResistanceMonero (XMR) technical analysis: Trade setup : Price is in an Uptrend overall. But near-term, after getting rejected at $170 two- or three times, that could signal a Double or Triple Top pattern, which is negative (bearish). Now we wait for price to either 1) break above $170 to signal uptrend continuation, or 2) pullback to $150 level that could serve as an attractive entry opportunity. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $163, which it broke, then $150. The nearest Resistance Zone is $170, then $187.
XLong
by altFINS