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Monero

#Monero Edges Higher above $152 in a Buy Trend Continuation FormPast Performance of Monero Monero prices might have broken off a long-term, six-month trend line, but the uptrend needs to be more convincing. A notable development in the daily chart is the failure of buyers to build on gains of late October. There was a 2-bar formation signaling weakness following the printing of the bear engulfing bar of October 2. However, the expansion of early today is injecting momentum, driving prices higher. #Monero Technical Analysis Monero is within a bullish formation. However, recent trading volumes have been lighter, and there was a bearish engulfing bar with relatively high trading volumes hinting at weak bulls. Therefore, based on this formation, traders may search for unloading opportunities, especially if today's prices end lower, below the middle BB and $145. In that case, XMR may likely crash to $134 in line with the September 13 bearish engulfing bar. On a more positive outlook, the bullish breakout will be valid, and not a trap, if XMR reverses mid-this week losses, forcing prices above $152 and this week's high. In that likelihood, Monero may float to September highs at $165 in a buy trend continuation formation. What to Expect from #XMR? XMR is in a bullish formation. However, it can be a bull trap if prices retrace from spot rates to below the middle BB and $140, aligning with losses of November 2. Any surge above this week's highs would relieve buyers, injecting momentum and forcing XMR to new Q4 2022 highs. Resistance level to watch out for: $152 Support level to watch out for: $145 Disclaimer: Opinions expressed are not investment advice. Do your research.
XLong
by Bitcoin_Analyzer
Mean Reversion Play for Summer 2022 Be careful700-750 target it probably rallies some this summer, but don't get fooled into Diamond Handing the Mean reversion. it will rug you again in the late summer or fall “The meeting of two personalities is like the contact of two chemical substances: if there is any reaction, both are transformed.” ... “Everything that irritates us about others can lead us to an understanding of ourselves.” ... “Your visions will become clear only when you can look into your own heart.
CRYPTOCAP:TOTAL3
by noam_chom
PIVX Inverse Head & Shoulders Measured Move At Least $1.50PIVX formed almost a perfect inverse head and shoulders on the BI Weekly chart. Price action has closed above the neckline. A measured move of at least $1.50 is coming with a possible move up to previous highs to follow. PIVX is being accumulated, and the buy orders have been increasing exponentially on the exchanges. Something is in the works for PIVX and its being accumulated under everyone's nose. PIVX total supply is not very high so get your hands on some before it hits double digits. I think PIVX time to shine is coming. This is not trading or financial advice this is just my opinion. Thank you.
BINANCE:PIVXUSDLong
by Bitgolder
💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (144.8). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XMRUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 62. Take Profits: TP1= @ 148.8 TP2= @ 153.3 TP3= @ 157.1 TP4= @ 161.3 TP5= @ 164.0 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 / Crypto 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 ❤️
XLong
by ForecastCity_World
4
💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (144.8). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XMRUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 62. Take Profits: TP1= @ 148.8 TP2= @ 153.3 TP3= @ 157.1 TP4= @ 161.3 TP5= @ 164.0 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 / Crypto 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 ❤️
XLong
by ForecastCity
#Monero up 47% from 2022 Lows, Primary Support at $135Past Performance of Monero At spot rates, Monero prices flow in favor of sellers. The coin has more than halved from April highs, reading from the XMRUSDT price performance in the daily chart. Albeit expectation of XMR turning the corner in the sessions ahead, traders may liquidate on pullbacks below $155, or last week's highs, targeting immediate support levels marking September 2022 lows. #Monero Technical Analysis The daily chart shows Monero is bearish, and prices are in a descending channel. On the upper end, there are two critical resistance lines at $155 and $165 that buyers must break for the trend to shift. On the lower end, Monero has support at $135, flashing with September 2022 lows and the 50 percent Fibonacci retracement level of the June to August 2022 range. Considering the many points this support line flashes with, XMR prices must trend above it. If not, it may signal weakness, and bears can trade with the emerging trend in a bear breakout, targeting $110 in the medium term. What to Expect from #XMR? Monero is up 47 percent from June 2022 lows but is currently unable to contain bears, evident in the daily chart. For the uptrend to be sustained, XMR must hold above September 2022 lows—or, in the immediate term, reverse and surge above $155. In both cases, the first target will be $165 and August 2022 highs. Resistance level to watch out for: $155 Support level to watch out for: $135 Disclaimer: Opinions expressed are not investment advice. Do your research.
XLong
by Bitcoin_Analyzer
1
Monero (XMR) above other cryptosI believe that Monero will see a strong appreciation due to its focus on privacy. Lately, the governments of certain countries are hunting the basic freedoms of their citizens... After breaking through a wedge and a resistance line, the price did not fall below the 0.214 retracement: Another point to note is the dominance over other crypto assets. And on the XMR/BTC chart we had important supports tested and not broken, and at first the price has a bullish bias. That's why I have a bullish bias for this asset.
KRAKEN:XMRUSDLong
by andre_007
2
XMR moneroEverything everywhere is still set up to go down, fibonacci relations from previous months are still valid turn around levels, It all depends on wave principle guidelines and where they finally complete. WXY chart labeling can always X-Z in formation, an potentially infinitely expanding interval of waves. WXYXZ as a complete structure can form an X wave followed by a Z wave These placements are in line with Fibonacci time sequencing and Fib leveling based on measurements of previously completed waves
XShort
by williamdas
XMR good chart and nice for profitableMonero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography. The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are. Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship. Buy setup Entry : 119 - 143 SL : 102.1 TP1: 147 TP2: 151 TP3: 156 TP4: 162 TP5: 170 TP6: 180 TP7: 195 TP8: 215 TP9: 235 TP10:265 TP11: 290 TP12: 320 TP13: 355 TP14: 390 TP15: 430 TP16: 470 TP17: 500 Spot or Future (1x, 2x, or 3x) Run and keep it enjoy! Follow me! Copy my trade! TradeSetup_Reza
XLong
by rezamehrjuyan
XMR USDT one last pullbacki will enter an order for a short position on XMR at 158.5$ (current price 157.30$) STOP LOS S if 4h candle closes above 160$ which is a 0.8% loss the risk of 0.8% is minimal,so i will use 3x.max loss 2.4% TAKE PROFIT will be 151.5$ which is 4.4% and 13.2% with leverage. i believe that in the next couple of days some manipulation at the price of ptc will come and see 19150$ which means that overextended alts will dip too. if the order is not executed and the situation changes,i will update the idea here. FOLLOW FOR MORE!
XShort
by POWcharts
What is the BEST performing cryptocurrency of this Bear Market?I am sure that someone could point out some obscure POOPCOIN with a price of 0.00000000000001337 that has had some meteoric rise recently but among the BLUE CHIP cryptocurrencies that are well established, well capitalized, and have proven use cases Monero BITFINEX:XMRUSD continues to outperform both Bitcoin BITFINEX:XMRBTC and Ethereum BINANCE:XMRETH for 2022. I have been talking about this for months trying to let people know. The contrarian in me loves the fact that everyone is being willfully ignorant of this apparent sleeper.
XLong
by norok
1
#Monero Flatlining and Bearish, will Bulls hold above $140?Past Performance of Monero XMR is stable in the past 24 hours and week of trading. The Monero candlestick arrangement in the daily chart points to fizzling downside momentum and resilience of buyers, a net positive for bulls. Nonetheless, despite the horizontal movement of prices since August 19, the coin is within a bear breakout formation, and the probability of prices swinging back to bearish remains high. #Monero Technical Analysis From the daily chart, Monero prices are stable and buyers firm. However, prices are within the August 19 bear candlestick, reaffirming the presence of sellers from an effort versus result perspective. Therefore, in the immediate term, and since prices are in range mode within a $20 zone with caps at $140 and $160, traders may search for liquidating opportunities below August 19 highs at $160. On a safer approach, traders can wait for a clean break below $140 to trade with the trend in affirming losses of August 19 with targets at $125, the 61.8 percent Fibonacci retracement level of the June to August 2022 trade range. Any expansion above $160 with rising participation levels will cancel this bearish preview, allowing another alignment in price action towards $200. What to Expect from #XMR? Monero is down roughly 10 percent from August 2022 highs and within a $20 range. Bears remain in charge, and any dip below $140 will confirm losses of August 19 in a bear breakout formation. Resistance level to watch out for: $160 Support level to watch out for: $140 Disclaimer: Opinions expressed are not investment advice. Do your research.
XShort
by Bitcoin_Analyzer
XMRUSDT 3D How much can Monero anonymity cost?Today, on the global chart, we will consider the XMRUSDT price movement Monero is an old crypto coin. It is popular because it is "the last of the Mohicans", which preserves the anonymity of the owner. Quite often moves on an individual route despite the trajectory of the BTCUSDT price. During the fall of the crypto market in June 2022, the XMRUSD price was held by a powerful mirror level in the area of ​​$96. XMR price is currently trying to establish itself at the top half of the descending trend channel that has been stretching since May 2021 If the price is firmly anchored at the top half of the channel, as well as a little positive in the crypto market, everything is set for continued growth. We expect that with such a schedule, the XMRUSDT price may rise to $330 at this year. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
23
XMR tradeI'm pretty sure that if there are no clearing red bars around the white 800MA , the green 200 will cross over the ORANGE 3200 MA on the 1 hr so about 187$ or so or higher is my target This applies like virtually market wide - XMR C waves are super direct nowadays and will more or less glide diagonally to that fib range My lower target still stands, I think the Z wave is not done on a larger wave degree, which is unfortunately sub 50$ with the rest of market movement
XLong
by williamdas
#Monero Breaks From a $20 Range, XMR Bears Target $130Past Performance of Monero Monero prices are free falling when writing, crashing from below $155 and the middle BB. Based on the candlestick arrangement in the daily chart, the path of least resistance, at least in the short term, is bearish. It is a formation following strong gains from mid-June 2022 that saw XMR prices surge by roughly 80 percent. #Monero Technical Analysis XMR prices broke from the $20 range between $175 and $155, respectively. The breakdown of earlier today follows the formation of lower lows relative to the upper BB, suggesting weakness. Therefore, with Monero prices crumbling, dropping nine percent in the last trading day alone in a bear breakout formation below the dynamic support level and $155, every low may present more liquidation opportunities for traders to target key support levels. As it is, any confirmation of today’s breakout may see XMR drop to $130 or $110, the 78.6 percent Fibonacci retracement level of the June to August 2022 trade range. What to Expect from #XMR? The cool-off in the broader crypto market is slowing down Monero. After impressive gains from mid-June through to mid-August, XMR prices are retracing. Resistance level to watch out for: $155 Support level to watch out for: $130 Disclaimer: Opinions expressed are not investment advice. Do your research.
XShort
by Bitcoin_Analyzer
Monero : Every detail about latest hardfork + Technical AnalysisHi friends. hope you are good. today i want to tell you some details about August 14 Monero Hardfork. after that we take a look at XMR chart and analyze that in price action. Lets Do Them: This fork happened at block 2,688,888, this Sunday (14 August). It brought several fixes to the internal multi-signature mechanism to facilitate the exchange of information. Such as key sets and data synchronization between wallets, as explained on their website: “Multisig means that a transaction needs multiple signatures before it can be submitted to the Monero network and executed. Instead of one Monero wallet creating, signing, and submitting transactions all on its own, you will have a whole group of wallets and collaboration between them to transact.” The network upgrade also included changes to its ‘Bulletproofs’ algorithm to boost transaction speeds and reduce transaction sizes by an estimated 5-7%, as well as improvements to its multisig mechanism. At the end lets see some after effects: 1-Monero’s block size increases. 2-XMR’s market capitalization rose 3-According to Lunarcrush.com , Both social mentions and engagement saw 121% and 180% hikes. 4-Whales began to showcase interest to XMR. Hope you enjoy this article. now lets see Technical analyze of XMR on marketcap: please share me your opinion about this post in comments. we will grow togheter...
CRYPTOCAP:XMREducation
by TraderAmin-KZ