Monero (XMR) insanely undervalued!Throughout the last 7 weeks since the beginning of the geo-political turmoil, XMR has continued a steady, albeit slow, predictable rise through all manner of chop coming from BTC and ETH.
You can even see large parabolic downshifts in which -within a matter of hours, or a couple days- Monero returns to the exact same trend, as if nothing had ever taken place.
I am currently working on a video about this overall positive Monero trend going on; with that being said, Monero is incredibly undervalued right now.
♠️🤫🐿
XMRUSDT trade ideas
Back again! [some constructive crit]Short video just attempting to explain where I had gone the last several days.
Originally when it took place on the 9th, it was supposed to be a week. Strangely, now that i come back to my profile to check in, it seems the ban was removed days ago.
It's all just --agh-- as the video conveys, I'm not trying to be jerk- this is just -I suppose, some constructive criticism.
XMRUSDT 🏹see and watch :)
The general trend is going on in an uptrend channel and in that uptrend channel a smaller downtrend channel is broken and we will probably have one of the two moves in question ...
$XMR (Monero) Swing Long Update +53% #MONERO #XMRWe have hit our first target for the $XMR swing with a 53% Profit! The trend is your friend, follow it. Congratulations to those who entered this long position!
We will hit our 2nd Target in time!
RR: 1.59 sell ideaHarmonic bearish pattern
engolfin
rsi divergence
rising parallel channel with triple top
tp resitance level
Never risk mpore than 2% of capital per trade
XMR aint ready yet?Nice pumpypump but looky bitty correctivyyy
--- or break 278
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Monero vs Tether Is Green For 7 Weeks...We have 7 weeks of bullish action for XMRUSDT (Monero vs Tether).
EMA50 was conquered after mid-March and we have everything bullish.
Bullish RSI, MACD trending up and the long-term downtrend that started in May 2021 is now gone...
Please check the XMRBTC trade idea...
We are looking for similar Altcoins to get through the storm.
Namaste.
Monero - shortShould dump.
First target on the screen, I assume - the move down is the wave B of a larger corrective structure.
Trade safe
🔥 XMR Descending Wedge Re-Test Before Take-OffXMR has been one of the major gainers of the last couple of weeks. Even with BTC falling, XMR doesn't give it's uptrend away and keeps on performing much better than the market.
In my last XMR analysis I talked about the bullish break out. After reaching the $250 area, I expected further downside, which is now potentially starting.
BTC is seemingly in a freefall, with more downside potential looming. In this case, I'm going to scout a higher-low for XMR. Ideally, this higher low will occur at the top resistance of the descending wedge pattern.
Keep an eye on BTC and the overall market before making an entry. Happy trading!
Monero (XMR) - April 11hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(XMRUSDT 1W Chart)
Resistance: 280.3-311.3
Support: 125.0-156.0
(buy)
- After confirming the support in 239.9
- After confirming the support in 218.2
(Stop Loss)
- When it falls below 190.0
(Sell)
- When receiving resistance in the section 280.3-311.3
- When receiving resistance near 404.5
Careful trading is necessary as there is a possibility of a wiggle up and down to cross the 60 SMA line passing near 239.9.
If it rises above the 280.3-311.3 section, it is expected to surge.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Monerohigh demand fo rthis coin at the moment after what came out of the global summit. huhge upside price target of 355 on this pup on the upside. these are upside only levels on this at the moment but they should be fairly accurate.
Monero XMR Price Targets and Stop LossXMR/USDT
Entry Range: $217 - 233
Take Profit 1: $256
Take Profit 2: $273
Take Profit 3: $294
Stop Loss: $206
XMR is gonna Decrease to 180$( at least!)XMR IS in a Rising Wedge Pattern. This means the Price is Gonna Become Bearish Soon.No break out has accrued yet, but It's gonna be a Bearish one. The Price will fall to 180$ in best Scenario and It is possible to Decrease to the Bottom of The Pattern as well.
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Thank you for seeing idea .
Have a nice day and Good luck
Too attractive to miss outThis looks perfect. This is one of those setups which just make sense and it is a shame to miss out.
Stop under the weekly pivot, take profit at last resistance.
Good luck.
XMRUSDT LONGBroke HTF trendline with consolidation and did same on LTF.
entry after brakeout from HTF entry -- brakeout entry
RISK 1%
1H :
4h:
XMR Long opportunityXMR Long opportunity, Check it up Check it up Check it up Check it up Check it up
LongPrice is currently moving as other altcoins are moving.. The major key level to look at is the 240..a breakout from that region will be very crucial since we can see an exponential growth.
MY PERSONAL STRATEGY
Will open long and take a first tp of 240..when it crosses and retest 240, I will increase my position
NB: these are personal strategies don't follow blindly do your own analysis.
XMR (Monero) Coin Analysis 01/04/2022Fundamental Analysis:
Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography.
The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are.
Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship.
There are several things that make Monero unique. One of the project’s biggest aims is achieving the greatest level of decentralization possible, meaning that a user doesn’t need to trust anyone else on the network.
Privacy is achieved through a few distinctive features. Whereas each Bitcoin in circulation has its own serial number, meaning that cryptocurrency usage can be monitored, XMR is completely fungible. By default, details about senders, recipients and the amount of crypto being transferred are obscured — and Monero advocates says this offers an upper hand over rival privacy coins such as Zcash, which are “selectively transparent.”
Obfuscation is achieved through the use of ring signatures. Here, past transaction outputs are picked from the blockchain and act as decoys, meaning that outside observers can’t tell who signed it. If Milo was sending 200 XMR to Meli, this amount could also be split into random chunks to add a further level of difficulty.
To ensure that transactions cannot be linked to one another, stealth addresses are created for every single transaction that are only used once.
All of these distinctive features have led to XMR being increasingly used for illicit transactions instead of Bitcoin — especially on darknet markets. Governments around the world, especially the U.S., have also offered hundreds of thousands of dollars to anyone who can crack Monero’s code.
One of Monero’s main goals has to prevent centralization — and this network uses a consensus mechanism called CryptoNight, which is based on proof-of-work. This prevents large mining farms from becoming a dominant force.
Seven developers were initially involved in creating Monero — five of whom decided to remain anonymous. There have been rumors that XMR was also invented by Satoshi Nakamoto, the inventor of Bitcoin.
XMR’s origins can be traced back to Bytecoin, a privacy-focused and decentralized cryptocurrency that was launched in 2012. Two years later, a member of the Bitcointalk forum — only known as thankfulfortoday — forked BCN’s codebase, and Monero was born. They had suggested “controversial changes” to Bytecoin that others in the community disagreed with and decided to take matters into their own hands.
It’s believed that hundreds of developers have contributed to XMR over the years.
Monero is slightly unusual as a token sale wasn’t held for XMR — and no tokens were premined either. At the time of writing, the circulating supply of XMR stands at 18,101,020.00.
This cryptocurrency is designed to be resistant to application-specific integrated circuits, which are commonly used for mining new Bitcoin. In theory, this means that it can be possible to mine XMR using everyday computing equipment.
Overall, there will eventually be a total of 18.4 million XMR in circulation — and this cap is expected to be reached on May 31, 2022. After this, miners will be incentivized using “tail emissions,” with a small amount of XMR being fed into the system every 60 seconds as a reward. It is believed this approach is more effective than relying on transaction fees.
The current CoinMarketCap ranking is #40, with a live market cap of $3,870,661,805 USD. It has a circulating supply of 18,101,020 XMR coins and the max. supply is not available.
The Market Cap Technical Analysis of Monero (XMR):
Technical Analysis:
There exist Bullish Divergence of Total Price Value and MACD which is the sign of bearish trend reversal and start of the new Bullish trendm which may lead to the new economical cycle.
There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points .
We have Drown the Fibonacci retracement levels From 0 to ATH.
The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally.
Currently the Price Value is at 61.8% Fibonacci retracement level; it means it has broken the resistance level and had rechecked it backed and it has been Proved to be the support area .
Probably we may not again see the 78.6% Fib or bellow...
Our Past Analysis for this Asset Acquisition:
Initial Asset Acquisition:
Treasury Addition:
Monero Daily TF Analysis 07/02/2021we can see XMR is in a bullish channel and it can continue in the same direction
we may have some retracement to its bullish Fibonacci retracement golden level and then start its rally
we can target the 27% of fib expansion as our 1 TP 235 and 127% of fib projection as our 2 TP 269
how do you think?