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Xmrlong

XMR still breakout ready above 2.05 to 2.076XMR sank back down after breaking slightly past the downward trend resistance (coming from March 8th's huge gain). With the respective correction and gradual 2 week climb back up, XMR is still very much poised to break out to new high not seen yet this year. Originally, I had assumed Monero would pump as soon as it broke out from that pesky negative trend resistance. However, it did sink back to the neutral pivot, and (thankfully) is now back within the original positive trend channels. XMR is now heading towards a triangle breakout from the convergence of the red negative trend resistance, and the yellow neutral pivot of today creating a nice even angle at the end of the day tomorrow, with the bottom of our positive trend channels.
Long
by FutureAmericanExpat
XMR poised for historic breakout?Volume steadily increases... While price steadily decreases... I'm glad that I was able to bring ZEC back out on the daily ticker, on my last video, to observe the historic downward trend; because, I was able to notice something very bullish about Monero. As XMR's price continued to fall over the last year, it's volume steadily increased. This, to me, has always been a sign of a historically dramatic breakout. I don't want to get anyone's panties a'flutter with this, nevertheless, it's just a facet of charting that I've noticed over time. Volume goes up, while price goes down... they both always meet in a middle for a huge spike.
Long
by FutureAmericanExpat
XMR bursts through the resistance trend!! ~204 to ~208Discussing XMR breaking through the trend to hopefully give us another nice pump up to the first resistance pivot also discussing ZEC at the end, and the fact that ZEC is on a historical downward trend. EDIT 03/24/22 @1805hrs MDT just noticed in my little ZEC analysis that historically, ZEC is forming a nice little triangle breakout with my bottom trend line. I think I am going to follow this, chart it some more and see where it goes. Happy trading everyone! ALSO: NOTICE XMR's HISTORIC VOLUME.... 🛫☁☀️👆
Long
by FutureAmericanExpat
1
XMR / My (biased) review of Monero (XMR) - HODL!This is not trade advice. I am completely biased. I started mining monero 1-2 months ago, actually after a virus infected my computer with an XMR miner and it led me to investigate it! Crazy story but I fell in love with this coin. It has EVERYTHING i believe a cryptocurrency should be. Key points on this video: xmr - history live since 2014 10x potential from where we are now compare to btc we are 2x from its peak - whitepaper xmr is the "anonymous cryptocurrency" untrackable, untraceable by design tx fees are low (lower than eg XRP) tx speeds are high (much higher than BTC!) security is bulletproof - decentralized cpu mined, asic resistant (everyone can mine) as monero is growing - it is becoming MORE decentralized (many other coins incl BTC are becoming MORE centralized) 51% attack "immunity" adds to its anonymity and untraceability - usage replace XRP for cross-border payments (lower TX fees, faster TX speed) >> XRP has ripple company behind it doing bizdev, XMR is community controlled anonymous store of value anonymous payments privacy and security #1 coin blockchain (cryptonight) lead developer for all other cn-based coins - value has held value better than other coins great mining community mining pools that mine other coins when xmr value dips below them in hashrate/ratio, to continually pump xmr value dropped less than most other coins including btc in march crash was not premined (bitcoin, litecoin, monero, dogecoin are only major coins that were not premined) - mining block reward dynamic block size dynamic difficulty adjust every block
KRAKEN:XMRUSD
by ezpi
3