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Monero

Why $FIRO is going to surprise $100+++ targetFor all those that have been around crypto for a while 5y+, you´re no stranger to Firo previously called ZCOIN (XZC ticker), Firo was always one of the vanguard coins when it came to privacy going head to head with ZCash and Monero, along the way there were many hiccups, which brought us to today. In January they upgraded their protocol to Lelantus. What's special about Lelantus Privacy by default like Monero, Zcash is optional No Trusted Setup - ZCash has a trusted setup Strong Cryptographic primitives - ZCash is still considered experimental Anonimity set 2^16 vs Monero 11 All this makes Firo the best privacy coin in the market Previous ATH: 142$ Circulating Supply: 11,535,491 Current Price: 6.2$ one of the few coins that have mooned ironically its one of the best FIRO MCAP vs Zcash & Monero & Horizen Monero: 3.587B ZCash: 1.626B Horizen: 529M Firo: 71M Target: 200$
FLong
by crydamus
1
XMR - 6h. Sellers are preparing for the test of $120-125On January 10, there was a fierce struggle in the XMR market for the range of $168-172. Volatility that day was rampant and the prospect of continued growth as well. Trading volumes were abnormally high. On this day, the price of XMR fell sharply and hit the mark of $120 in 2 weeks. The new buyer's attack on January 27 looks much weaker. Particularly low volumes near the critical range of $168-172. At the moment, buyers look weak and unable to keep this range. If sellers take control of this range - globally we will expect a repeat test of the range of $120-125. Given the high probability of BTC correction , scenario for continued growth to the mark of $200 is still alternative. It will become the main one after consolidating buyers over $168-172 P.S. Our global idea was to turn around from $ 172.5 _______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
X
by P_S_trade
5
Does Bitfinex Artificially Support ZEC while Suppressing XMRYes, the same Bitfinex part and parcel of the Tether fraud, which has created $25 billion USDT, backed with "reserves", which operate exactly like banks. They make "loans", and then use that as the backing for their balance sheet (among other dubious methods of "reserves"). Okay, chart time. What you're looking at is: On Top: XMRBTC price in orange and the ZECBTC price in blue On Bottom: Net longs for each coin, XMR orange, ZEC blue, and BTC in gray for reference. *See note *Note: For XMR and ZEC, it includes BTC longs-shorts. It also divides by 30 day SMA of volume, to factor out changes from skewing the chart. As evidence, look at BTC, in gray, similar magnitudes as Monero. So ... some partie(s?) on Bitfinex started longing ZEC with increasingly large fluxuations starting in mid 2018, continuing until present day. The amount of longs vs shorts as a ratio of volume appears to be exponentially increasing. Until recently, XMR and ZEC mostly matched each other for price direction (if not magnitude). However, suspiciously, the net longs seem to have little correlation. This doesn't make sense for two coins who *were* competing for the same use case (the competition is over, Monero won). Worse, for apparently no reason at all, last year, at exactly the same time that Monero price began to diverge upwards from ZEC and Monero was quickly distinguishing itself not only as THE accepted currency for DNM, but also as one of the best performing coins of 2020 ... we see something which hasn't occurred since 2018. XMRBTC net longs drop drastically into the negative, far beyond at any time in it's trading history, while ZEC has yet another larger exponential move into net-long. This occurs immediately before the XMRBTC ratio drops out. One must ask, how is it possible that these two coins have such widly divergent action on Bitfinex longs-shorts, whether or not the corporate interests behind the largely defunct zcash have anything to do with this, whether this has anything to do with the fact that Monero has dropped precipitously relative to other coins, and what part Bitfinex plays in this fraud. Probably alot, given that the defacto state of their relationship to Tether is nearly synonymous with Tether, and it is likely a significant factor in the price action of the past 6-9 months.
by herbison
2
XMR starting its Bull Run XMR has overcome a major resistance area and we can definitely see the start of a proper run here. We are looking to ladder longs once XMR has come back and tested this area as support. This will offer us less risk on our position and more reward. XMR has not even started its bull run yet and has a long way to go to get there. We are looking at capitalizing on this and many other alts which still hasn't seen their turn. - - - - - - - - - - - - Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice. I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
Long
by TheForecasters
XMRUSD Can it? Could it? Would it?Ok here is some fundamentals: Monero outperforms the crypto market as its dark web use rises - Source -Invezz Monero leads privacy-oriented coins in year-on-year growth, up 249% in 2020 - Source: FXStreet While the dark Web has really lead to the use of more Cryptocurrency, due to its untraceable characteristics. We must ask then, what is Crypto mainly used for? Can it be for Adrenochrome harvested from the innocent? Child trafficking? Illegal matters? Red Rums? etc. Yes it Sure can! and Being that those services are not cheap; some cost fortunes, we can at least draw a correlation between the increase of price and usage. Now, going off on a tangent, can you only image the wealthy pigs who primarily use Crypto for such purchases.. ? Yaa A LOT. As I digress, we can see inflation resistant assets, has moved many investors to adopt crypto as a safe haven. Being Covid as A catalyst to say the least. Furthermore, I wanted to address the elephant in the closet, that being, I notice many people with cult like mentalities on here, whom are very emotional about others who hold opinions contrary to them. In only to advance their infatuation with an intangible currency.
XShort
by BrunoAlvesb2
XMRUSD Buy SignalPattern: Bullish Megaphone on 1D. Signal: Buy as the LMACD just formed a Bullish Cross (previously a sign of an upcoming rise within the Megaphone). Target: 260.00 (just below the 1.5 Fibonacci extension). Most recent XMRUSD signal: ** 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 ==> TradingView --------------------------------------------------------------------------------------------------------
XLong
by TradingShot
4
Will we see a strong upward move from XMR soon?XMR is trading at an interesting price level. It is inside the red ichimoku on the 4hr and has quite a lot of resistance up ahead. Once it overcomes these resistance levels and turns them into support then we will look at laddering some longs. For now we will watch observe and update. - - - - - - - - - - - - - - - Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice. I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
Long
by TheForecasters
MONERO: THE BIRD ON THE WIREMonero (XMR) looks to be sitting pretty at $141 which is just above its 100 day simple moving average (SMA), now $137.91. The 100 SMA has provided solid support for XMR since it was tested in June 2020. XMR's bullish price trend has seen a series of higher highs and higher lows over the past 6 months. Monero reached a recent high of $190.22 on 10 January of this year. We have seen a pullback to the 100 SMA after that high. XMR is currently 25.80% off that recent top and therefore looks interesting here. Furthermore, Stochastics were in the oversold region last week and now appears to be confirming a reverse in trend. MACD looks to be on the cusp of turning positive and the RSI is the final indicator which is improving and at the 48 level, closing in on the 50 level. A cross of the 50 RSI would confirm this bullish set-up. She is perched on the wire and ready for takeoff. Long XMR since November 2019.
KRAKEN:XMRUSDLong
by rzinho
2
Monero Discounts Incoming! (XMR)Monero has been in a rally for around 300 days. We brokeout past the recent high of $100 and now I believe we are setting up for a good size pullback. I have my eyes set on a catch at $100 as a potential major breakout retest, the we will bounce towards the ATH. My ema dots indicator on the bottom is showing a red dot which is a sign for sell off. The week will close in 1 day which will help me confirm on trend. The candle above is showing compression with sideways movement, with price shifting below the candle.
BITFINEX:XMRUSDShort
by UnknownUnicorn2319099
1
XMR formed Cypher pattern for upto 40.5% bullsih rally Hi friends, hope you are well, and welcome to the new update on Monero. On the weekly chart, the price action of the XMR has completed the final leg of bullish Cyhper and entered in the potential reversal zone. The price action is breaking down the 50 simple moving average but we have another good support of 100 SMA below the buying zone. Possible profit and loss ratio: This trade has a profit possibility of 40.5%, and the loss possibility is 10%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
BITFINEX:XMRUSDLong
by moon333
1