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XMRPERP trade ideas

LARP Capital Investment Thesis: a market 'preference' for POWDid you know that Proof of Work is the innovation in cryptocurrency?! It would appear some may have forgotten that POW was the first (and only) *decentralized solution the double spend problem. We here at LARP are developing a thesis that POW gets it's groove back over the next 1-2 years and Litecoin and Monero will be two of the biggest benefactors of such. The chart above is calculating the (XMRUSD+LTCUSD)/ETHUSD To be clear, of course nothing has changed with regard to our bearish stance on the entire crypto space. With that said, we believe the above chart will be a vewwy, vewwy intewesting juan to keep an eye on over the next 1-2 years. As always, this or any past, present, or future LARPs brought to you by LC and/or the Juan Army are cErTaInLy nOt fInAnCiAl aDvIcE Blessed be the fruit -the beatiest juan
BITFINEX:XMRUSD
by ltc-joe
1
Monero Breaking Up (Ichimoku)As a followup to my Ethereum BITFINEX:ETHUSD post yesterday Monero BITFINEX:XMRUSD is likewise confirming an Ichimoku breakout on the Daily timeframe. Monero is the third coin I watch most closely following Bitcoin and Ethereum. I believe that its use case (privacy) is one of the strongest reasons for cryptocurrency and the coin has been well established since 2014 and still under development. In marketplaces online where privacy is paramount they accept two currencies; Bitcoin and Monero, and Bitcoin's transaction costs are often far too high. Monero is the clear winner in this use case presently and likely into the future. The YTD performance for 2022 of Monero has also outperformed both Ethereum and Bitcoin. So will investing in the two most popular currencies years ago would have yielded greater returns historically in recent history the winner has been Monero in terms of retaining its Store of Value. Comparative values: Monero Bitcoin BITFINEX:XMRBTC Monero Ethereum BINANCE:XMRETH
BITFINEX:XMRUSDLong
by norok
1
LARP Capital: Monero USD and The Baptism of FireMonthly chart says we are going to ATH's within the next 3-7 months (July Inclusive) and ultimately it suggests some beyond wild price targets. 3d chart provides much more detail (The Baptism of Fire): We will be going over it all in the coming months. Especially the XMR/BTC Ratio. I wanted to create a separate published idea to update on Monero so this is where I will be doing that (I created the chart about POW a few months back involving both Litecoin and Monero (can see Linked in Related Ideas). Updates on Litecoin will be under the Magic Juan'ed Idea. The two new darlings of the space : ) Stay Tuned th-ick-ity, th-ick-ity, th-at's all folks -the beatiest of all
POLONIEX:XMRUSD
by ltc-joe
9
Monero Price Analysis — August 1Monero appears to be on a bearish trajectory towards the upper $140.00 area as the crypto market took a break from its aggressive recovery from last week. XMR tapped a high of $166.90 last week, where the price came into contact with my long-term bullish channel, prompting a correction. That said, the privacy blockchain cryptocurrency is locked on touching the $150.00 low in the coming days. On a larger time frame (daily stochastic indicator) the bearish correction seems warranted, considering the price has wandered too far into overbought conditions. Regardless, I do not see the ongoing bearish correction extending below the $146.00 mark, the projected base of my channel, before a bullish rebound kicks in. Meanwhile, my resistance levels are at $160.00, $165.00, and $170.00, and my key support levels are at $150.00, $146.00, and $140.00. Total Market Capitalization: $1.07 trillion Monero Market Capitalization: $2.95 billion Monero Dominance:0.27% Market Rank: #26
X
by Mr_Wogbe_Alex
XMR has made a solid break on the weekly XMR has made a solid break on the weekly and looks to add to the momentum coming off the bottom of this massive sell off. The setup is pretty much the same as with JASMY and XTZ. This setup is actually stronger though as it has a weekly high volume (144 period POC) node way above it. Price is attracted to volume more times than not; so this adds to the probabilities of the trade. I good spot to take out some gains is the weekly 21 SMA which currently sits around $180 (roughly +60%) but is declining so you will want to bring that in the longer it takes to get there.
KRAKEN:XMRUSDLong
by HumbleFutures