💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (226.7).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 249.9
TP2= @ 264.9
TP3= @ 276.6
TP4= @ 293.5
TP5= @ 309.9
SL= Break below S2
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Xmr
Nice weather up here! (MONERO/XMR) This is just a thank you to everyone who has been following me the last couple months through this Monero breakout... 🍾
We could definitely see a drop to retest 275 or even lower, however the overall positive trend since the end of Feb is bullish all around.
Definitely a bit of a celebration for me with how much passion I have for Monero, privacy tokens, and personal liberty in general. 🎉
♠️🤫🐿
XMRUSDT - SETUPXMRUSDT price is breaking out strongly the long-term resistance with some sustainability, So we are expecting a good upside move if bulls enable their presence. Watch out the levels!
Monero Price Analysis — April 20Unlike other cryptos, Monero has maintained a steady upward trajectory since its slump to the $132 low in late February. The privacy cryptocurrency has exhibited significant resilience by remaining unmoving during broader market bearish runs but following bullish waves.
That said, XMR tapped its highest level since November 21 on Monday after hitting the $270 mark but recorded a sharp correction to the $250 mark shortly afterward. However, the bearish correction appears to have run its course, as the cryptocurrency rebounded above the $260 mark in the early session on Wednesday.
I expect a retest of the $270 top, where my two-month-long channel top resides, over the coming hours, which should prompt a leg up towards $290.
Meanwhile, my resistance levels are at $270, $280, and $290, and my support levels are at $250, $240, and $230.
Total Market Capitalization: $1.92 trillion
Monero Market Capitalization: $4.7 billion
Monero Dominance: 0.24%
Market Rank: #32
Monero (XMR) back into the rainbow 🌈Monero still showing bullish signs. I wouldn't expect another all-out pump, albeit we can never be sure.
However, what I'm personally expecting as of now, is for Monero to bounce around inside this rainbow of parallel channels that I created way back during the big dip on the 2/24/22.
As long as Monero continues within this rainbow (which it has been doing now for almost 2 solid months), we are in good shape.
♠️🤫🐿
XMR Monero all the way up 12 Hour Chart
Tuesday 19th April
XMR BTC ripped up to the 1.272 Fib extension of 0.006896
Looking very positive but very overbought now
Watch for a pullback
Upper sell targets have been hit
Money flow looks like it is reversing, but this is a very positive move for privacy coins.
Maybe the Canadians and Russians have created new demand for these coins?
On the 12 hour we are on a TD 7 green count.
Monero all the way up!Tuesday 19th April
XMR BTC ripped up to the 1.272 Fib extension of 0.006896
Looking very positive but very overbought now
Watch for a pullback
Upper sell targets have been hit
Money flow looks like it is reversing, but this is a very positive move for privacy coins.
Maybe the Canadians and Russians have created new demand for these coins?
Golden Pocket Retracement to $380 for Monero! 🚀🚀🚀Hey Traders,
As you can see, the Weekly Candles of XMR (Xonero) reveal a Falling Wedge pattern via the bodies. After a large downtrend, the 0.618 level from the peak to the trough is the most common retracement zone (AKA the Golden Pocket). The price breakout out of the falling wedge is also set near $400 (based on the first impulse-up move within the pattern). The ABCDE Elliot wave is not that accurate so it is just for show... Tp at $380
Another reason why XMR recently pumped is that an exchange had someone's balance on paper, not actually in reserves. So someone with a very large amount needed to withdraw so the exchange bought the XMR all at once in order for the person to move it. This was a coordinated move by the Monero community to test the exchange's reserves which ultimately proved correct.
Safe Trading,
-Pulkanator
Monero XMR inverted head and shouldersMonero is showing another head and shoulders formation in the chart -- she's looking towards the sky...
"Sir.... we were cleared for style="color:#FFFF00">take off over an f'ing week ago, standing by at mandatory hold M-69-420 awaiting departure clearance." ... 🛫
🤞🏼 - 🙏
♠️🤫🐿
XMR LONGThe XMR is upwards and after reaching the resistance, it has a fall
If the number of followers reaches 100 this week, I will put pure analysis every day.
Follow fractal_analysis98
Monero breakout! (XMR) poised for a run!I realize that it is floppy Friday, (...and tax day for us stupid Americans) .
However, Monero has been continually making positive moves throughout this entire last bearish 10-14 days we've had with BTC and the rest of the crypto-verse.
I have been following Monero more closely than any other coin/token/currency that I chart.
I've been mining XMR using cheap CPUs since 2018, and have been heavily invested since fall of 2017.
I personally just sold all of my Ethereum and threw it into XMR. if anything... I'd be on the lookout
♠️🤫🐿
XMRUSD More rise ahead or pull-back to lows?Monero (XMRUSD) has been very strong since the February 25 Double Bottom as it almost reached the early January High. In doing so, it broke above the Lower Highs trend-line of the May 07 All Time High (ATH) and the 1D MA200 (orange trend-line). It is possible that within this month, it will form a 1D Golden Cross (when the 1D MA50 (blue) crosses above the 1D MA200).
The last time the price broke above such a long-term Lower Highs trend-line and formed a 1D Golden Cross after, was in early 2019 when Monero and the whole market was starting to recover from the 2018 Bear Cycle. The difference is that in 2019 it peaked just below the 0.5 Fibonacci retracement level after forming the Golden Cross, while now it has already come very close to the 0.5 Fib without having formed the Golden Cross. The question is, are we too soon or too late on the fractal?
The RSI on the 1W time-frame seems to support that we are too soon and there is still room to rise, despite having almost reached the 0.5 Fib already. Basically it looks quite a lot like the Golden Cross of May 2020, when the market was recovering from the March COVID flash crash. In both cases, the price always tested the 1D MA50 before rising any further and that is what we are expecting to happen here before a new rally to the 0.618 Fib at $307.00.
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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 🏹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!
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.
XMR Additional ChartThe additional Bad Ass Bollinger Band 8 day chart for Part 4
Price volume oscillator.