XMR getting ready to move 80 - +100% Bullish Divergence that spans across the period of 3 years.
RSI indicating market exhaustion from the bears. Meaning the bulls are about to reclaim control
Stochastic showing signs of being oversold
Triple bottom bouncing off a major demand zone on the weekly time frame and wicks the downside indicating a 80 - 100% ROI potential move in the months and year to come.
XMRUSDT.P trade ideas
Bearish Breakout Signals XMR's Potential Downward MoveXMR has recently experienced a bearish breakout from the distribution zone established on the hourly timeframe. Following the breakout, there was a subsequent pullback, suggesting a potential continuation of the bearish trend toward the indicated key zone.
$XMR BullRun is coming?!?!History often rymhes and now we see monero at a critical resistance point after having reachead is tail emission phase in 2022.
Is another 7x for monero coming?
If Bitcoin is digital blockchain gold and Ethereum programmable internet money ONLY MONERO deserve the nomination for DIGITAL FULLY FUNGIBLE CASH.
His market cap is way undervalued and it's blockchain is resiliant and unstoppable>
When the market is going to price in that?
CBDC are coming , world control of your money is coming and only Monero is real financial fredoom.
Low fees , fungible 100% and secure. Wordwide tradable .
Trying the Market Maker ModelFor the last few days on ICT, I been looking at the Market Maker Model, so there is my version of the same market maker model. #XMRUSDT.P
XMRUSD ❕ decline after the resistanceXMR repeatedly failed to break resistance.
The asset broke down through the 50EMA on the 4H TF.
RSI fell below 50 points.
I think the chart will continue lower after fixing under the support level.
XMR/USDT Let's get ready for this one! Hey traders 👋
XMR/USDT pair has had a nice 3 touch on that upper resistance which could lead to a good turnover here with a potential 30-40% drop. RSI is overbought as well so we are definitely keeping an eye on this one!
If we see this kind of struggle more then there is a good chance for a drop to happen!
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Downing to Support at $155 | LONG BiasDaily Chart
Monero's ( BINANCE:XMRUSDT ) pulling back to Support Zone around $155
I expect Monero will go up Swing High at $172 and further at $212
Wait and see the next move
XMR, ancient coin | $212On weekly chart,
Monero BINANCE:XMRUSDT is in consolidation phrase.
It's trading at $164.8 now
I expect Monero will move up to $212 to complete 1.0 Fib Ex and 119.5% from $96.7
Wait and see
SELL Monero, Not Quite, Not YetSince monero broke it's 164.60 support level on Feb 9th 2023, it has attempted to break this level in March and April and failed. Monero then retested the support level of 137.60 which was formed on December 28th 2022 and has been testing and holding multiple times.
Fast forward -for the last 6 days Monero has reformed and has been consolidating and holding the now reformed support level for the first time in 5 months
Once monero continues holding 164.60 or 151.90 it will pump. Keep the hodl bag
XMR/USDT looking good for a turnover! Hey traders 👋
XMR is next on our watchlist here with a nice bullish moves recently! After showing us a breakdown of lower trend and at the same time turning it into a liquidation zone we went straight up for that upper zone where price is currently waiting behind the line just as it it might go or a breakout there! We are going to look and keep our eyes open here and be also open minded as we can have two potential movements here!
First movement - we might see a nice breakout and go for that liquidity grab zone from where on we are going to look for a turnover and a sell position!
Second movement - price will reject and respect that upper line of triangle formation and go straight towards that lower zone!
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Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
$XMR reclaimed 200 ema on H4
approaching key resistance or confluence of 200 ema on W1 and downtrend
recon we flip it.
BTC pair still has a lot of catching up to do so assuming dominance gets sent to hades and this pop's
XMRUSD ❕ held the uptrend lineXMR exited the downward channel, formed an uptrend line and formed a bullish takeover.
Price has fixed above 50EMA (4H TF)
50EMA has broken up 200EMA (1H TF)
The RSI chart is moving in a buy zone (4H, 1H and 30m TFs)
I believe the asset may continue to rise after fixing above the resistance level.
XMRThe price is attempting to break above the upper boundary of the channel. A successful breakout of this significant resistance could push the price towards a retest of the weekly 200 EMA. However, if the price fails to break above the upper boundary, it may decline towards the support zone around $126.
XMR/USDT 4H SHORT BINGXHello, traders! I present you with an interesting short trade opportunity for the asset. Through a detailed technical analysis, I have identified a series of bearish signals that suggest a potential downward movement in the short term.
💡IDEA DE TRADE BingX💡
XMR/USDT 4H Alto Riesgo Según mi análisis;
Entrando por debajo del 0.66 ( No es un numero Fibo )
Stop Loss de 1.78%, primer objetivo 134.01 segundo objetivo siendo muy optimistas al maximo bajo anterior, al tener aún fuerza bajista en gráfico diario este impulso por mucho llegaría al 0,666 que también concuerda con la media de 55 en 4H y la media de 20 en 12H y esto para seguir callendo
XMRUSDTXMRUSDT is under strong sell pressure and continuously printing LL and LH. After recent sell off currently the market is making LH, will it print new LL?
Downward Trend and Key Support LevelsOver the past month, XMR has been trending downwards, experiencing a moderate level of selling pressure. This led to the breach of its initial support level around $147, and the price subsequently hit the second support level at approximately $136. As anticipated, there was a positive reaction at the second support level, resulting in a 6% increase in XMR's price. However, the buying power was not sufficient to break through the resistance at the $147 range, indicating a pullback in the ongoing downward trend.
The RSI level for XMR is currently at 37, indicating a moderate level of downward momentum. This suggests that there is still some selling pressure on XMR, but it is not yet in an oversold condition. The RSI level of 37 aligns with the overall analysis, confirming the presence of bearish sentiment in the market.
As the selling pressure persists, XMR lost support at the $136 range and is now testing an important support level situated between $122 and $128. This support level corresponds to the starting range of the last upward movement observed on a weekly basis. It is crucial for XMR to hold above this support range to avoid further downward movement.
Taking a broader perspective, on longer time frames, XMR is currently in a range-bound trend, while on a daily time frame, a clear downward trend is evident. To change the trend and reverse the downward movement, XMR would need to break the downtrend line and rise above the resistance level of $150.
Considering the combined analysis of the price action, support and resistance levels, and the RSI, it suggests that the market sentiment for XMR remains bearish, with selling pressure continuing to influence the cryptocurrency's price. Traders and investors should closely monitor the support level around $122 to $128, as a significant break below that range could potentially lead to further downside movement for XMR.
XMR Potential Ban of anonymous crypto projects !If you haven`t sold XMR here:
Then i will remind you that Monero (XMR) has gained popularity for its capacity to enhance user anonymity, making transactions challenging to trace through the utilization of stealth addresses. However, this aligns with a goal that regulators do not necessarily support in the cryptocurrency space.
A leaked version of a US draft bill has surfaced, suggesting the elimination of anonymous crypto projects. The proposal also mandates that DAOs, DeFi platforms, and exchanges register legally in the United States. This development indicates a potential shift towards greater regulation and oversight within the industry.
My price target for XMR is $96.50.
Looking forward to read your opinion about it!
‼️ Trade Idea‼️. ‼️ Trade Idea‼️‼️ Trade Idea‼️
XMR/USTD entering exactly 0.618 (shown on price scale) with SL below previous low (shown on price scale) first target 0.5 to protect entry price, second target until looking at reversal patterns
‼️‼️THIS IS JUST A TRADE IDEA BASED ON MY OWN ANALYSIS, IF YOU DECIDE TO TAKE IT IT IS YOUR TOTAL RESPONSIBILITY TO FOLLOW UP AND MANAGE YOUR PORTFOLIO‼️
Monero (XMRUSDT) an 80% rise I won't be talking too much about how bullish XMR is currently. But we just went along quite aggressively considering multiple technical aspects of the current price action. The most important is obviously the weekly break and close above the long-term downtrend trendline. Secondly, we have the price hoovering above the 61.8% Fibonacci level for quite some time now. It is either to go big now or....
We are going in now!
Monero's $130 Threshold: The Make-or-Break for an 80% Upswing💎 Since #XMRUSDT's bounce and rejection of the 78.6% Fibonacci support, coupled with the uptrend trendline, we're seeing the price gravitate towards that trendline once more. This suggests that buying pressure could be ramping up, opening the door to a significant upside potential.
💎 However, this bullish scenario will hold water only if the $130 psychological and technical support level remains unbreached. If this condition is met, we could be looking at a nearly 80% price increase, with #Monero potentially setting its sights on the double Fibonacci resistance at $258.
💎 Our ParadiseClub members should also keep an eye on the nearest resistance at $196, where the 23.6% Fibs intersects with the downtrend trendline.
💎 While less likely, we must also consider the scenario where OMXSTO:XMR breaks below the $130 level. Such a move would be a major red flag for the bulls.
XMRUSDTRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision.
Thank you.
Good luck
