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XMRUSD trade ideas

MONERO XMRUSD Price Action Monero network tansactions have continued to increase since the November. MR has also historically had more transactions per day than ZEC, GRIN, or PIVX, but fewer than DASH. Fundamentals show active and continued incremental XMR network upgrades over the past two years, including decreased transaction costs, improved transaction efficiency, blockchain pruning, improved privacy, and improved custody solutions. SHORT TERM LEVEL Next intra day resistance at 143.75 LONG TERM LEVEL The cryptocurrency is down 72% from the all-time high of nearly $500, established in December 2017. All eyes over the next year are on the heavy resistance zone of US$150 based on yearly pivots , and psychological round numbers.
BITFINEX:XMRUSDLong
by CeoCodes
9
Monero $175 By ChristmasMonero underwent some massive price suppression pretty recently, as every other top 20 shitcoin went uber parabolic with 2-4x gains while Monero did nothing. Aside from this being basically impossible without some kind of large player(s) intervention, the reality is that usually those manipulations are done with borrowed crypto, meaning it all has to be paid back eventually. Well, that time has probably started, and smart whales know to take profits into a coin that actually offers basic consumer data protection over their finances. Monero. But forgetting all of that, because it's kind of irrelevant, check out these pretty lines I drews: LONG TERM: Beautiful XMRUSD uptrend for the past 9 months, and help quite well in the dips recently. MID TERM: Megaphone pattern with both higher highs and higher lows. This supports my thesis of market suppression, as typically megaphone patterns don't form without etiher attempted manipulation, or some fundamental reason for extreme market uncertainty over price (which there isn't any reason for that). Megaphone likely to break to the upside soon SHORT TERM: Directly after the recent megaphone bottom, there has been a clear support line up (looks better on the 4-hr). This is likely to hold us all the way to $175, when we reach the top of the uptrend channel again.
KRAKEN:XMRUSDLong
by Guittarman03
1
MY PREDICTION ABOUT MONERO LINKED TO ALTCOIN AND BTCHello! I'm back with a new XRM Techincal, Fundamental sentimental analysis Sentimental and Fundamental analysis I predict that XMR price is on positive side, but as you all good analyzers know that after all big bullish waves, there is a small correction wave, and that is very significiant if the price will continue rise up side, and ofte the correction wave will stop above a resistance line, now all news about Cryptocurrencies that all people are hearing says that cryprocurrencies is going to fly into the sky, and that makes people who are not even know what cryptocurrencies is enter the crypto market. Wich will lead to that the price will rise up, and that what happened when Paypal news was out, after the price has rised we've seen a very big ammount og BTC moving between the wallets, and aboulobly it's the whales who is dominate this wallets, i predict that the whales will sell and take their profit, wich will create a small not big bearish direction because the whales will not sell all bitcoins they have and that is depended on that they now that when Paypal launches BTC on their service, the price will bull up again and make a too much bigger bullish that it did before. So the conclusion is that sell all XRM BTC that you have now and tkw you profit, then you can buy again on lower areas, But during this bullish will happen, the whales will move into another altcoin wich well lead to a fast and big bullish in Altcoin market. But after that there will be a price correction. Technical Analysis Well we have seen a very good bullish in the cryptocurrencies market in the last few weeks, but i predict that there is a lttle correction wave that is coming, we've seen XRM moving down side after the big bullish that it maked and simply that is because after every big bullish, there is correction, and that what we're see today on XRM chart, after that XRM beaked down the 117$ resistance line, and now the price i retesting this area, if we see an bearish candels sized -1 / -2%, it will be a big bearish direction into the 100$ support line.
BITFINEX:XMRUSDShort
by ONMS20