XMR surpassed round level -$200 but failed to maintain above itMonero coin retests the psychological round level of $200 once again, but bulls failed to manage the rise above that level.
The XMR coin is trading above the significant moving averages (such as 20,50, and 100 MAS) but remains below the 200-MA line.
The upper boundary of the Bollinger Bands indicator appears to be a bullish barrier in the context of the daily price chart, and the halfway line (20-day moving average) is acting as a support for now
The EMA Ribbon indicator is resisting the 200-EMA line after maintaining price above the green on XMR daily price chart. Thus, the RSI is moving up and shows an inline trendline (blue) on the daily price chart. Furthermore, the Average Directional Index is at 36-points, which suggests a strong bullish trend for the Monero coin.
Monero investors need to push the price of the crypto above the psychological round level of $200 which has been a long-term resistance zone for a long time. Above $200, buyers can look at $230 as the next bullish hurdle.
Support level - $165 and $140
Resistance level - $200 and $230
Xmr
#XMR is preparing for the BIG MOVE.OKEX:XMRUSDTPERP
#XMR stays above 4H EMA20 with volatility warning signal (yellow shadow).
worthy of attention.
XMRUSD 1W Cup & Handle 01/01/22XMR is presenting a long term favourable bullish structure.
Technicals:
Volume has increased into and during the handle, conforming to pattern expectation.
Triple bullish divergence on RSI (indicating a significant decrease in downwards momentum), which has the potential to close above 50 this week - indicating momentum passed equilibrium point in terms of oscillation (to the upside).
Stochastics (green & red) are presenting a fresh weekly cross above $223.43, which would imply an upwards oscillation is commencing.
BBWP (volatility indicator) has increased from significant lows (<2%) and continues to present an increase alongside momentum. This is a good indication of a potential longer term, large move incoming in favour of the upside.
Areas to monitor would be a breakout of the orange trendline to the pattern target of 35.2% from breakout and ~$517.60 for the handle neckline. A "perfect breakout" of the handle would implicate a price target to ~56.66% ($816.69) as per historical statistics.
Also note that the average historical price rise for a "perfect breakout" for this pattern is recorded as 54%.
Moonero? Let's see.
This is not financial advice and always DYOR .
XMR/USD Ascending Triangle on Daily ChartMonero has printed a beautiful ascending triangle on the daily chart. This is a bullish pattern that has just broken out. Target of $300+
Time to load up on privacy coinsIt's time to load up on privacy coins.
My picks are:
XMR - everyone knows about Monero
DERO - Got some exciting things coming out
XTA - Rebranding into SYFER with homomorphic encryption, privacy network with privacy smart contracts! at only 70.000 USD Marketcap it is a steal!
XMRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price was supported at the support zone two times and has also been rejected from the resistance line several times. Now the price is moving below the resistance line. If it is rejected, it will fall down to the support zone. But if the resistance line is broken, You can buy it after a pullback for the next resistances.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
XMR/USD 1M - Cup & Handle - Conservative Target 850-1000 by 2024Cup and handle looks good to go. Lower circulating supply than bitcoin until ~2040. Canada/Russia waking people up to fragility of traditional money and even dangers of public ledgers like bitcoin. Ukraine officially accepting XMR for wartime donations. 4 of the 6 weekly top gainers are privacy based. Barry Silbert (hate him or love him, DCG is huge) re-tweeting XMR related info and recommending investors to have 5% of crypto portfolio in privacy coins.
It's privacy season. You just don't know it yet.
Monero (XMR) Does history really repeat itself?Hello Traders,
Today we are analyzing Monero . After doing a deep dive and zooming in and our of different time resolutions I have found some very interesting similarities to the previous run on XMR. The First point to note is the bottom of each run seemed end in a similar way to each other. Some what of a cup and handle pattern on the monthly time frame pictured here by the green paint brush stoke at the bottom of each run. The Second run obviously endured the Black Swan Event of Covid shooting a wick to lower levels and adding tons of fiat injected into the economy driving the prices back up quicker yet, the structure stayed very similar. After the neckline of this structure was broken we went on a parabolic run in both instances as well. Only pulling back to test the top of the prior structure neckline.
So this leads us to the current situation that we are in now here. The price action has broken the neckline once again and being powered by Fiat injection has made a few different moves yet again, still echoing the past run. Now that the price is heading back down toward the neckline I see a possible two scenarios coming into play as you can see by the green and red arrows that I have placed on the chart. Regardless of which plays out, looking at this has made me gain some confidence on the next few moves I am deciding to make. I hope this research I have done helps you do the same. Keep in mind it is important for you to do your own research as well as I am not a financial advisor and these are just my own opinions based on my research.
I hope you all have a green week and I will see you next analysis!
Savvy
XMR Monero - Cup & Handle BreakoutXMR Monero - Cup & Handle Breakout
Looks very similar to the gold chart pre breakout.
Bullish targets on breakout above 212/225
282
373
438
Ultimate bullish breakout target = +512usd
______________________________________________________________________________________________________________________
This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
XMR - privacy is soon to break out !!MONERO has been in a bear market for a long time against Bitcoin !
This is about to change soon.
I noticed a fractal that points to the last great bull market in 2015 - 2018.
At that time XMR made a 900 X move.
Will history repeat ? Not sure but set up looks quite similar.....
MONERO in the four five digits XX'XXX is not out of reach !!
XMR BUY SETUP XMR breakout Symettrical triangle . wait for retest on $174-$175 and we can setup entry
Privacy coin new trend now!
Growth buyer volume. make a new momentum after pump
Expecting upward movement from here back to try resistance trendline🚀
Stoploss : $168
XMR (Monero) Swing Long Set Up $XMR looks like it's about to make a move to the upside as the price breaks above the resistance of the downward wedge formation and retraced back to the 0.5 fib level.
Entries @ 0.618 and 0.5 levels
Exits from $231 - $519
Scam Wick - XMR-USDTwtf is this lol wtf is this lol wtf is this lol wtf is this lol wtf is this lol wtf is this lol
XMRUSDT Monero Technical Analysis (MAJOR SUPPORT & RESISTANCE)-Price reacting off of Major resistance.
-With price currently at resistance and reacting
off of the previous pivot point area where
price made a new lower-low/ lower high,
it's a good area for shorts.
-If price breaks above resistance and removes
pivot point LL/LH area then looking for buys
on the pullback into support
XMRUSDT Monero Technical Analysis (MAJOR SUPPORT & RESISTANCE)-Price reacting off of Major resistance.
-With price currently at resistance and reacting
off of the previous pivot point area where
price made a new lower-low/ lower high,
it's a good area for shorts.
-If price breaks above resistance and removes
pivot point LL/LH area then looking for buys
on the pullback into support
#XMR #FUTURES #SHORT #SIGNAL #MONERO
XMR/USDT is GET the good setup for SHORT POSITION by RSI crosses down bullish trend line & PULLBACK To The Trend Line in 15M Time F
You Can get This Position With 7X LEV
GOOD LUCK & Don't Forget to set the SL & TP
$180 Price Target for Monero in the Immediate Short Term!Hello Traders,
As you can see a simple inverse head and shoulders pattern has formed on the 1hr of XMRUSD. To measure the breakout you take the head impulse and measure it above the neckline to find the breakout target. This move is approximately a 5% move, set your TP at $180.
Safe trading,
-Pulkanator
XMRMonero after the surge of 2016 until the beginning of 2018, we entered a correction that started wave 2. But it is not just any wave. It is a complex second wave wave. In which it involves continuation pattern. Pattern cup and handle figure. When we break out of this loop we will see higher high prices. And of course, for that to happen we need to see bitcoin restore prices higher and higher.
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered as a recommendation to buy or sell an asset!
I am not responsible for any damages to your capital. Your capital is at risk in the equity market.
XMRXMRBTC is going to match what I said about XMRUSDT. XMRBTC is on a flag where it hears a strong bull movement and now it has started taking profit. when we break this flag we will see btc losing over XMR.
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered as a recommendation to buy or sell an asset!
I am not responsible for any damages to your capital. Your capital is at risk in the equity market.
XMR short$XMR reached the resistance area formed by the upper boundary of a descending channel and the multi-month resistance level. Decline to lower boundary is likely to happen next.
Monero (XMR) Macro Cup and Handle +400%Macro cup and handle pattern in play on XMR. A good long-term target would be around the 1.618 fib extension, which is a 5x from the current price of $160.
💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (149.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 75.
Take Profits:
TP1= @ 169.36
TP2= @ 178.96
TP3= @ 187.00
TP4= @ 198.86
TP5= @ 213.18
SL= Break below S2
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