XMR Diamond Setup THis is a range double top lower high drop setup to contraction for a lower low on the funnel support line base for a bounce to retest back to this mid accumulation zone Watchin the double top forming in tthis move towards the end of the month. by EMC2PRoPheT6
Monero to $194 on the long haulA nice rise to $174.6 on the daily timeframe… followed up by a market correction… potentially heading its way up and hitting take profit at $195.9Longby IamSCARCE1
Moneo(XRM) Nothern Journey beginsMonero bulls defended $152 support- Is $168.8 achievable Strategy Bullish Profit Target 168-172 If Break above 179USD and 3days closing successfull above 179 The strategy turns to Tend Strategy Bullish Risk Management: Proper trailing stop XMR dropped to its previous parallel channel’s mid-level of $152 after BTC retreated to $26K on 28 March. The $152 level also coincided with the Fixed Range Volume Profile’s POC (point of control) line, which attracted increased trading volume. The recovery blasted above the local resistance at $157.6. Bulls could push XMR to $168.8 if they clear the obstacle at $165. A strong BTC upswing into FWB:29K could tip XMR to target other key resistance levels, including $179 and $187. A close below $157.6 could attract bears into the market. However, bears must clear the $152 hurdle to gain market leverage to sink XMR to $145 or $135. The Relative Strength Index (RSI) dropped but rebounded and was above the 50 mark at press time, showing increased buying pressure in the past few days. Similarly, the On Balance Volume (OBV) exhibited an uptick, showing XMR saw increased trading volumes as demand soared in the past few days. Monero registered mixed performance in Q1, 2023. It appreciated by 40%, rising from $148 to $187 in January. In February, it consolidated before sustaining a price dump in mid-March, sinking it to $135. But XMR saw aggressive demand at the $135 level, setting it up for recovery. Bitcoin zoomed to the FWB:29K level before retreating to $28K – indicating a bullish sentiment despite the increased U.S. regulatory pressure on the crypto industry. If BTC reclaims the FWB:29K and surges upwards, XMR could attempt to retest or break above a crucial stiff resistance level. In addition, XMR saw more liquidation of short positions than long positions. About $45.5K in short positions were liquidated in the past 24 hours, while only $3.7K in long positions were wrecked in the same period. It shows short-positions were paying long-positions – an underlying bullish sentiment that could boost the uptrend. But investors should track BTC’s price action to determine whether XMR could overcome the obstacle at $165. Longby DaveBrascoFXUpdated 14146
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% Longby DaveBrascoFXUpdated 5
XMR update Hi I put a free link to follow this coin step - by - step. If you have any question you can send me message. www.tradingview.com Thanks XLongby AMAghili0
XMR update Hi There is a perfect rule in Elliott Analysis that says you can zoom out and go to larger timeframes whenever you feel to be trapped in a ugly correction pattern. I do it for XMR and every thing becomes beautiful. I daily chert XMR finished Minor impulse and is making wave abc (Wave 2 Intermediate). Do not forget that this correction after correction that XMR is making is for wasting time to start with BTC its wave 3 (I Guess) . Thanks ByeXby AMAghili4
XMR H2 Chart updateHi everyone It seems that a consolidation zone is making wave 2 minor under the Red Resistance Zone to then break it out for wave (5) Intermediate. Wait and See Be Safe ByeXLongby AMAghili6
Potential long on $XMR but with a bearish divergenceMy system is showing a swing long on the OMXSTO:XMR chart, there is however also a bearish divergence calling for caution.XLongby panickyChile854731
✴️ Monero Activating Bullish Indicators (Long-Term Targets)We have two major waves here, 2017 and 2021. Let's look at the main market pattern through Monero (XMRUSD)... Up and down, as simple as this. We have four indicators in the form of moving averages. EMA10, EMA21, EMA50 and EMA100. When a pair trades below these indicators or is trending downwards against them, the bears have the upper hand. Examples are May 2021 and December 2017. When a pair trades above these indicators, the bulls have the upper hand. We can see Monero moving and closing last week above EMA10/21 and EMA50, with EMA50 being a very strong one. This week Monero is barely trading above EMA100, activating long-term bullish potential. With the orange lines we have a consolidation pattern, clearly broken and we can also see higher lows since June 2022 coupled with a very strong RSI. These signals are saying that Monero is ready to grow long-term. Confirmation is still needed on EMA100 and one last final jump with big volume but that would be "additional confirmation"... It is already clear what is going on. 1) The easy target can be $255 with $356 mid-term. 2) Long-term we can see $426 and $515 with $600 as a new All-Time High and even higher depending on the market conditions more than a year into the future, which I believe will be great. These are just projections, things can change. Regardless of the short-term moves and swings, growth is expected to happen in the long run. Think long-term. Buy and hold. That's the best possible advice at this point. Namaste.Longby MasterAnanda1113
XMR Intraday ChartHi It seems that XMR has a huge potency to rise because its sub-waves 3 are extended in both minor and and intermediated degree and for now it is making wave 5 minor that looks like an ENDING DIAGONAL and what should I do is to wait and see where this diagonal will become tired and break-out to wave (4) intermediate. JUST SEE AND WAIT FOR NOW. ByeXby AMAghiliUpdated 0
XMR Appears to be in a Cup and Handle Continuation patternThere is a lot of bullishness in the XMR chart despite everything that is going along globally with politics and economics. For a long time I have watched XMR with the assumption that it may be forming a massive double top but so far that has not materialized A zoom in onto the handle shows a clear falling wedge which has a bullish bias. There is a double bottom that has been forming late since late January and it seems that the inverse head and shoulders is beginning to perform. I hope for this to proceed rather impulsively in short order and I have my entry at the neckline of the pattern. Price action can squirt right out of the wedge or price may flip the wedge resistance to support with a retest. The main chart shows some of the other targets in red on the fib or at the full flag pole performance. There is chance that we get a throwback to the height of the cup at about $515 once we reach some intermittent targets. Price action has found support on both the 200SMA and the 200EMA as shown below. Candle bodies on the EMA and wicks to the SMA. Finding support on such long term moving averages is bullish but also opens price action to test it repeatedly as support before really taking off. The moving averages are under a weekly death cross so I expect to see some activity at the 50 SMA. Hopefully a nice flag continuation pattern but I can address that in due time. The main noise in my head about this trade is my intense long term bearishness on equities and how crypto has generally moved in sync with with equities. We don't have the same data with crypto and equities running in opposite directions that we do with say equities and gold or silver. But bullish chart patterns are bullish chart patterns and I am going to trade this bullishly.Longby This_GuhyUpdated 6617
Fun hopium numerology on XMRPushing some cyclotronic analysis to fit the bullish dreams of a bag hodler!by TianamenSquare111
XMR Projection to 2025This i my Macro XMR Chart setup. This accumulation zone were in right now im waiting to break from now till Aug 1st 2025 for the run up range to focus on. I love XMR because it has very healthy trend patterns I placed a trend focused price point from 6-515 as major focus zones play between the lines and break your trades using either a gann box or fibonacci retracement tools. Enjoy the trade and trade safely This is not financiall advice this is juet my notes. #NiceFnAsianLongby EMC2PRoPheT5
✴️ Monero Year Long Consolidation Phase | Think Long-TermSince June 2022 Monero (XMRUSD) has been moving within a sideways channel with a bullish bias, that is, printing higher lows. A year is a very long time in Crypto and what will happen next is something big. This long-term consolidation phase can continue, believe it or not, but it can also break anytime. Once the massive bullish action start, you will wonder "Why didn't I jump in in 2023?". You will be thinking, "I saw it, it was trading at bottom prices forever and I just ignored it...", not only about Monero but about most Cryptos, that's how market psychology works. When the time to buy is right, we tend to detach and feel not interested. Once everything starts to move and euphoria shows up, the prices are bad as they become too high but that is when people want to get involved. There are many opportunities now but we need to focus on the long-term. Think long-term! That should be the mantra when buying, when reading, when planning... Think long-term and success is guaranteed. Namaste.Longby MasterAnanda1113
XMR/USDTvery bullish chart with all bullish patterns, this coin will perform very well in bull marketLongby UnknownUnicorn228047496
Moreno technical analysis. The huge ascending triangle.There is very slowly forming giant ascending triangle which could potentially peak during2025-2026. Example of an ascending triangle. Notice the flat iupper line and the rising lower line. This is a generally bullish line. (Figure 6.1b "Technical Analysis of the Financial Markets" Page 131) The measurement. The breakout (C) should see a sharp increase in volume, That upper resistance line should act as as support on subsequent dips after the breakout. The minimum price objective is obtained by measuring the height of the triangle (AB) and projecting that distance upward from the breakout point at C. (Figure 6.3a "Technical Analysis of the Financial Markets" Page 136)by Synthacon335
Monero we can reject off the weekly ema - making a higher low before heading for the cloud ? Make XMR relevant again Prevailingnine 4.4.23Longby RaindropasUpdated 2
XMRUSD Accumulation ZoneMonero is currently in an accumulation zone. Good zone to buy long term. With monetary privacy concerns over the next years, Monero seems to be a good alternative to hedge agains CBDCs Not Financial Advise. Longby LidiaCanedo1
xmrusd 16h bullish xabcd 75% gains buy/hold🔸Speculative bullish xabcd setup in Monero on 16 hour price chart. Advanced pattern setup, since point C and D still require confirmation. Do not execute the trade at market now, expecting pullback in April and then be ready to reload near point D below market price. 🔸The xabcd pattern is defined by point X at 126 usd, point A at 181 usd, point b at 139 usd, point C at 173 usd and finally point D at 112 usd. This is an advanced pattern setup, so naturally higher risk involved in trading it, so always do your own due dill and confirm with other indicators / price action techniques. 🔸The recommended strategy for Monero bulls: Seek to buy low near point d after the pullback is complete. best entry price near 114/116 usd and target is +75% gains. this is a buy/hold swing trade setup so please do not expect miracle overnight gains. good luck! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.Longby ProjectSyndicate242487
XMR short ideaUsing LLs, R V W, avg is about 2.32 points similar to feb 15. CLLD is at ±30mXShortby alzweidi110
Monero is going to surge Dear traders I wanna introduce our next hero xmrusd,as we see on the chart monero has broken daily resistant trend line and in 1h it has broken another resistant trend line so if you want to make money get on the train and enjoy bull candles.I think maybe It is the third wave of ascending.so I can see extraordinary targets for this star.Longby aminamirkhani20Updated 1
XMRUSD bullish accumulation? Yes!Monero chart is showing bullish accumulation. Higher lows after higher lows. We should see more upside soon. We are bullish on Monero coin. 280$ is the target Good luckLongby vf_investmentUpdated 224