Monero Playable- Well this chart will be a bit difficult to understand, so follow the graph and the famous bubbles..
- XMR i a strong privacy coin, notice the asymmetry from 2018 to 2022. stunning!
- XMR is not an FTX shitty token or a scam coin, this project is here to stay.
- Monero is comparable to Litecoin, they start always their bullish trends before the other altcoins.
- Litecoin because of his halving earlier than BTC, XMR because it's like the little brother of TheKing for the Darknet.
- So to play this trade you have to follow BTC movements, because if BTC dip more you know already what will happen to XMR..!
- Remember also that for now we could go sideway for while and it could be very boring, so be patient.
- Play like a robot don't be greedy, respect your gains and take your lose or hodl (up to your strategy).
- Always invest what you can afford to lose.
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Trading Part ( Look the chart to understand more )
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Now : Nothing to buy !! ZERO !
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Scenario 1 : Play the Dip ( Dangerous mode )
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- Buy 120$
- Rebuy 100$
- TP1 170$
- TP2 250$
- TP3 350$
- SL : 95$
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Scenario 2 : Play the Breakout ( Soft mode )
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- Buy 180$
- TP2 250$
- TP3 350$
- SL : 165$
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- if you understood my chart, i can tell you, Bravo!
Happy Tr4Ding !
Monerodollar
MONERO (XMR) showing a MASSIVE bullish divergence on the 1hr.MONERO is showing one of the largest bullish divergence gaps I've seen in a long, long time, after dropping about 40% in a day. This was obviously a coordinated attack to manipulate the price of XMR, as it is hated by the power's that be, because it can not be tracked, traced or controlled by their corrupt ring of criminal governments. Their pathetic attempt is now backfiring, as all they did was give XMR investor's the opportunity of a lifetime to buy even more XMR at the best discounted price they've probably seen in years.
If you trade this, trade with caution, as they could do it again.
Good luck and always use a stop loss.
XMRUSD MONERO Long Bullish can go to 190 USDAccording to our current Monero price prediction, the value of Monero is predicted to drop by -2.32% and reach $ 164.17 by July 6, 2023. According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 59 (Greed). Monero recorded 21/30 (70%) green days with 7.04% price volatility over the last 30 days. Based on our Monero forecast, it's now a good time to buy Monero.
Based on data from July 01, 2023 at 20:43, the general Monero price prediction sentiment is bullish with 25 technical analysis indicators signaling bullish signals, and 8 signaling bearish signals.
Technical Analysis Bullish
1 Monero makes 3 weeks Higher Lows and Higher Highs
2 Trend continuation Confirmation RSI
See Circles
10 Nov 2022
9th March 2022
10th June 2022
3 RSI is above 50
4 Rsi confirmation is Bullish
5 Volume is increasing Bullish
6 We have rising POCs
7 Volume Value has been shifting higher
8 Monero is currently trading above the 200-day simple moving average (SMA). The 200-day SMA has been signaling BUY for the last 8 days, since Jun 23, 2023.
The price of Monero is currently above the 50-day SMA and this indicator has been signaling BUY for the last 9 days, since Jun 22, 2023.
The most recent Death Cross in the Bitcoin market happened 30 days ago, on Jun 01, 2023. Meanwhile, a Golden Cross last occurred on Jan 09, 2023, which was 173 days ago.
Based on our technical indicators, Monero's 200-day SMA will rise in the next month and will hit $ 153.22 by Jul 31, 2023. Monero's short-term 50-Day SMA is estimated to hit $ 159.61 by Jul 31, 2023.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 74.32, which indicates that the XMR market is in a overbought position. The RSI indicator suggests that the price of XMR will increase.
Monero reached its highest price on Jan 9, 2018 when it was trading at its all-time high of $ 593.42, while Monero's lowest price was recorded on Jan 14, 2015 when it was trading at its all-time low of $ 0.212967. The lowest price since it's ATH was $ 26.23 (cycle low). The highest XMR price since the last cycle low was $ 514.43 (cycle high). The Monero price prediction sentiment is currently bullish, while Fear & Greed Index is showing 59 (Greed).
Monero's current circulating supply is 18.30M XMR out of max supply of 18.20M XMR. The current yearly supply inflation rate is 0.86% meaning 156,872 XMR were created in the last year. In terms of market cap, Monero is currently ranked #5 in the Proof-of-Work Coins sector, ranked #1 in the Privacy Coins sector and ranked #15 in the Layer 1 sector.
Highlights
Price has increased by 48% in the last 1 year
Outperformed 79% of the top 100 crypto assets in 1 year
Trading above the 200-day simple moving average
21 green days in the last 30 days (70%)
Trading on Binance
Trading with Euro
Yearly inflation rate is 0.86%
Monero price in US Dollar has increased by 13.08% in the last 1 month. XMR is up 10.29% against Ethereum and down -0.47% against Bitcoin in the last 1 month.
The top-performing year for Monero was 2016 when the price of XMR increased by 2,830.22% from $ 0.470402 to $ 13.78. The worst performing year for Monero was 2018 when the price dropped by -86.72% from $ 349.16 to $ 46.38. The average yearly growth of Monero over the last 10 years is 595.55% per year. Usually, Monero performs best in Q3 with an average of 59.43% gain and worst in Q2 with 11.17% gain.
Risk Analysis
Outperformed by Bitcoin and Ethereum
Down -72% from all-time high
Has medium liquidity based on its market cap
How is the price positioned in comparison to the all-time high?
The price is currently down -72% from the all-time high.
How is the price positioned in comparison to the cycle high/low?
Monero is currently trading at -67.40% below cycle high and 539.17% above cycle low.
Is the price highly volatile?
The 30-day volatility is above 30% and is currently at null%
Does it have enough liquidity based on market cap to volume ratio?
Has medium liquidity with 0.0282 volume to market cap ratio. The current market cap is $ 3.07B while the 24-hour volume is $ 86.46M
Is the total supply high in comparison with the circulating supply?
Over 101% of the total supply is in circulation.
Is the current inflation below 2% per year?
The yearly inflation rate is 0.86% meaning there were 156,872 coins generated in the last 1 year.
According to our current Monero price prediction, the value of Monero is predicted to drop by -2.32% and reach $ 164.17 by July 6, 2023. According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 59 (Greed). Monero recorded 21/30 (70%) green days with 7.04% price volatility over the last 30 days. Based on our Monero forecast, it's now a good time to buy Monero.
Comparing Monero against other important technological innovations and trends is one way of predicting where the Monero price could head over the long term. The table above shows what the Monero price would be by end of year 2024, 2025, and 2026 if its growth trajectory followed the growth of the internet, or large tech companies like Google and Facebook in their growth phase.
In the best case scenario, XMR price prediction for year 2026 is $ 3,836.33 if it follows Facebook growth. In case Monero would follow Internet growth the prediction for 2026 would be $ 440.09.
Monero Key Price Levels
Based on today's classical pivot point (P1) with the value of $ 166.97, Monero has support levels of $ 164.34, $ 160.29, and the strongest at $ 157.66. Similarly, Monero resistance levels are at $ 171.02, $ 173.65, and $ 177.70..
Monero Correlation
Over the past 7 days, Monero price was most positively correlated with the price of TRON (TRX), Stellar (XLM), Bitcoin Cash (BCH), Zcash (ZEC) and Bitcoin SV (BSV) and most negatively correlated with the price of XRP (XRP), OKB (OKB), Cardano (ADA), NEM (XEM) and Binance Coin (BNB).
Monero price is positively correlated with the top 10 coins by marketcap with a value of 0.119, excluding Tether (USDT) and positively correlated with the top 100 coins by marketcap excluding all stablecoins with a value of 0.107.
Currencies that are positively correlated with Monero indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Monero, a move in one direction for Monero would translate into a move in the opposite direction for the negatively correlated coin.
Monero Price Forecast(Probability 69%) This is just a mathematical methode to trade my own accont, Okease note that it is for educational and informative issue, and you should use stops and proper risk and money mangemnt to protect your capital.
Date Price Change
Jul 2, 2023 $ 168.17 0.06%
Jul 3, 2023 $ 169.11 0.62%
Jul 4, 2023 $ 171.83 2.24%
Jul 5, 2023 $ 170.25 1.30%
Jul 6, 2023 $ 164.17 -2.32%
Jul 7, 2023 $ 170.84 1.65%
Jul 8, 2023 $ 166.89 -0.70%
Jul 9, 2023 $ 165.08 -1.78%
Jul 10, 2023 $ 151.52 -9.85%
Jul 11, 2023 $ 158.89 -5.46%
Jul 12, 2023 $ 157.76 -6.13%
Jul 13, 2023 $ 160.38 -4.57%
Jul 14, 2023 $ 155.57 -7.43%
Jul 15, 2023 $ 151.87 -9.63%
Jul 16, 2023 $ 156.14 -7.10%
Jul 17, 2023 $ 155.08 -7.73%
Jul 18, 2023 $ 155.62 -7.40%
Jul 19, 2023 $ 157.16 -6.49%
Jul 20, 2023 $ 156.53 -6.86%
Jul 21, 2023 $ 164.10 -2.36%
Jul 22, 2023 $ 165.61 -1.46%
Jul 23, 2023 $ 169.10 0.62%
Jul 24, 2023 $ 175.47 4.41%
Jul 25, 2023 $ 176.17 4.83%
Jul 26, 2023 $ 179.92 7.06%
Jul 27, 2023 $ 185.74 10.52%
Jul 28, 2023 $ 190.11 13.12%
Jul 29, 2023 $ 183.07 8.93%
Jul 30, 2023 $ 187.35 11.48%
Jul 31, 2023 $ 187.86 11.78%
XMRUSD Quick 10% ShortQuite a symmetrical triangle has formed on Monero / USD, indicating some swings back and forth between the highs and lows. We are nearing the pinch point of this triangle but there's still a large amount of wiggle room for a quick 10% short to the bottom edge of support. Keep your stops tight and take the profit while you've got it on this one!
XMRUSD Gravestone Doji AnalysisViewing the Gravestone Doji that has previously formed on the middle band and the candle that followed we can make some assumptions based on the current gravestone doji
As the current Gravestone Doji is at the upper band we can assume a dump to the middle band (comparable to the previous drop)
Gravestone Doji's are considered very bearish
This is the Monthly timeframe
MONERO LONG and LEVELSMonero has a nice setup for long positions. Just check the volume and be careful around strong SR.
Monero Breakout and Targets, Oct 24XMRUSDT downward trend is broken
It's better to wait for a confirmation candle but it's already seems OK
You can see all the resistances on chart ( R1-R2-R3 )
Final target is ATH which is a important technical level
XMRBTC Situation: is getting recover from support level
Monero is looking good for a long if this key level holdsMonero has recently broke above a key resistance level & closed above the level on the Daily Timeframe .
A small pullback & retest of the key resistance around the 275 price mark has happened & is currently in accumulation.
RSI on the Daily Timeframe is 57.28, indicating an uptrend whilst still having lots of room before entering overbought territory.
The price is currently above the 50,100 & 200 EMA .
If the price is able to stay above the resistance level mentioned then a long from this area looks good.
Short term target would be the previous local high & resistance marked on the chart at around the 329.5 - 339.9 level.
Possible longer term targets are also shown on the chart.
Not financial advice, just sharing my idea.
Good luck.
Monero and ETH - The TrendlineA new trendline can be drawn due to the recent bull rise in price, this includes the start of the initial bullrun, the middle of the bear market, and to right now. A common theme between ETH and Monero
A triangle can be drawn from the start of the initial bullrun to the trendline, and also another triangle can be drawn from the start of this bullrun to the trendline
Following this triangle the climb above started a ravenous bullrun in the initial scenario, is this going to occur again?
I am just observing and maybe have my charts skewed by the log scale but it does seem like a long term trendline
any feedback / personal observations would be nice
Bix
How Easily Resistance can Become Support XMRReturn to a strong trendline for XMR
Perfect buying opportunity as this will likely bounce off 1.618 or the trendline drawn
What was previously resistance (1.618) has become a place of support now
Monero 300$Everything is in Graph. Privacy is future, they can delist what they want, Monero not gives a shit. XMR already replaced BTC in the Darknet.
Buy zones for XMR are simples :
- if price fall between 100$ to 150$, you are in the green buy zone.
- TP is 299$
More simple than that i cannot be.
Happy Tr4Ding
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.
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
XMRUSD it can be a best opportunity to buy the dipHey friends, hope you are well, and welcome to the new update Monero.
On Feb 9, 2020, I shared the idea where the price action of XMR formed a big bullish BAT on the monthly chart, now the priceline has started to move to the upside and so far it has produced more than a 120% rally.
Pivot support and EMAs:
Now if we take a look at the live monthly chart, then it can be observed that the price action also had pivot 1st support below the potential reversal zone that helped well to the priceline to move up. In this rally, the price action has also crossed up monthly exponential moving averages 10 and 21.
Long-term support and resistance levels:
On the weekly chart, the different long-term support and resistance levels can be seen. The price action of XMR has broken out the $100 and $140 resistance levels and re-testing the $140 as support. The next resistance levels would be $140, $260, $330, and $450.
An up-channel formation:
On the same weekly chart, the price action has formed an-up channel and it is re-testing the support of the channel and weekly EMAs 10 and 21 as well.
Ichimoku cloud:
The price action has already broken out the weekly Ichimoku bearish cloud resistance and now re-testing the conversion and the baseline supports.
Another big bullish BAT:
Now if we take a look at the XMR with Bitcoin pair’s 2-month chart, then the Monero has formed another very big bullish BAT and entered in potential reversal zone. This time we again have pivot 1st support beneath the potential reversal zone.
s3.tradingview.com
Conclusion:
The priceline of Monero is re-testing different support levels therefore the re-testing of these supports would be successful then it will be the best buy the dip opportunity.
Monero 48h before a short or longIn less than 48h we should broken the triangle and see if we go to $192 or $111. We have been in a beautiful canal for 1 year
MONERO (XMR) Completing 55% Profit Potential MoveOn the daily chart, the price action of Monero (XMR) is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone. There is also 200 SMA support in the PRZ level. However, on breaking down the 100 simple moving average the pattern will be confirmed.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Potential reversal or buying zone: $114.44 to $100.81
Fibonacci projection or sell zone: $127.74 to $156.53
Stop Loss:
The potential reversal zone area that is up to $100.81 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 55% and as per the above-mentioned stop loss, the loss possibility is 12%.
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.
MONERO - $XMR - Activated TOTHEMOON.exe and RELOAD BOSTER.exeWAVE 3 in progress! The best time to buy is now!
#XMRUSD: I'm LONG / BULLISH position. I expect that $XMRUSD will rise up.
This would mean that MONERO will gain more 300% of its current value against the DOLLAR.
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION.
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST.
To the moon is too close, go beyond
Well, keep you updated as this timely issue evolves.
Good luck!
#CRYPTO $XMRUSD #XMRBTC #XMR #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
💡XMRUSD Second Chance: Profit=449% SL=20% Reward/Risk > 22.5:1Second Chance Trade Setup summary:
Profit targets = 449% = {TP5= 20% + TP6= 37% + TP7= 67% + TP8= 128% + TP9= 197%}
Stop Loss = 20%
Reward/Risk > 22.5 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (100.50) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP5= @ 120.95
TP6= @ 137.95
TP7= @ 168.70
TP8= @ 230.10
TP9= @ 298.90
TP10= Free
SL= Break below 96.50
--------------------------------------------------------------------------------------------------
Current Status of First Buy:
Total Profit: 573%
Closed trade(s): 138% Profit
Open trade(s): 435% Profit
Trade Setup:
We opened 10 BUY trade(s) @ 68.20 based on 'previous Forecast' at 07.09.2020:
Closed Profit:
TP3 @ 82.15 touched at 28.07.2020 with 20% Profit.
TP4 @ 96.50 touched at 06.08.2020 with 41% Profit.
TP5 @ 120.95 touched at 11.10.2020 with 77% Profit.
20% + 41% + 77% = 138%
Open Profit:
Open trade is 128.10(current price) - 68.20(open price) = 87%
5 trade(s) still open, therefore total profit for open trade(s) is 87% x 5 = 435%
Technical analysis:
. XMRUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
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