XMRUSD trade ideas
Daily close above 120 dollar for Monero is a clear long till 155All about the daily close, clearly making higherhighs and higher lows.
$XMR Monero is Ready for a Big MarkupBoth the USD and BTC charts look incredibly strong. Currently, the $USD chart is breaking out of a massive accumulation range in the form of a double bottom with a projected move of a around $70 -- This is about 50-60%! The trend looks strong, the breakout looks strong. I like it.
Ripple Price Prediction 2021-2025What is Ripple (XRP)?
Ripple coin price has seen unprecedented growth in the last year with a whopping price rise. More and more payment providers are getting onboard based on its consensus mechanism. Ripple protocol improves the overall integrity by validating the account balances and transactions, which automatically blocks the malicious entries. As of recently, all products released include xRapid, xCurrent and xVia which improves XRP's position in the blockchain network.
Over the last 24 hours, XRP has decreased by 6.07%, and XRP has been showing good progress since Ripple announced its partnership with MoneyGram, which is one of the major Western Union competitors. Ripple Labs has conveyed that it will be buying 10% of the MoneyGram shares thrice its market price. This partnership is a win-win situation, where even XRP usage is bound to rise exponentially.
Benefits of Ripple
Transaction speed and the cost is much lesser than other cryptocurrencies like Bitcoin and Ethereum. The uniqueness of XRP is that the coins were released all at once, which means all the XRPs are in circulation and hence, needs no mining.
Ripple Price Prediction 2021
As per the recent research by Moody's, blockchain standards will increase by 2021. XRP is the third-largest cryptocurrency, which is aiming for a lot of developments by 2021. As per the XRP price trends, the experts believe that it will enter into countless partnerships with financial institutions. By 2021, XRP might touch the $2 mark. You can follow the XRP developments and stay updated by following their community page.
XRP Price Prediction 2023
XRP is bound to increase during this phase, as there are a lot of advancements in their pipeline, which involves a lot of partnerships. Ripple has already got most of the leading financial institutions in its pocket, it might explore other domains. This might lead to a high rate of adoption. By 2023, XRP might reach somewhere around $3. This will be a breakthrough for Ripple, as an organization and XRP as a virtual currency.
Ripple Price Prediction 2025
As per the forecast and algorithmic analysis, the price of 1 Ripple (XRP) might be around $4.52 in 2025.
Ripple is also set to partner with more European and Latin American banks which might help promote both XRP and Ripple’s payment technology. These developments could lead, to big price rises in the XRP token price as the predictions stated above. So this means, the Ripple price prediction should go the positive way.
Monero going down due to regulation in EU & Panic in StockmarketStimulus talks breakdown, this will lead to downside of money coming out of the market. I believe and other run to the bottom is going to start across crypto too.
Not financial advice
The XMR analysis in the coming days linked to bitcoin analysis Hello friend!
Technical analysis
Today we're talking about short cryptocurrencies investment strategy, i want you all know that the exchange is highly strung depended the United States election has started, i've watched all cryptocurrencies analysis, all analysts saying that crypto is nearby to fall down, but i'm actually against them, first this thing that happened to Bitcoin is depended on the price gap located nearby 10240$, i want you to know that is price correction, and monero is the clearest example who tells us that bitcoin will continue bull up, Monero price dropped down in the same time bitcoin dropped down, then monero price was continue to grow up while bitcoin was confined between 11080$ and 10155$, and as you all know that all cryptocurrencies charts is almost the same charts. My idea is telling you that bitcoin price will bull up not fall down, because bitcoin price dropped depended on the price gap and bitcoin will continue to rise depended that monero is rising right now, all this depended on that cryptocurrencies have almost the same charts.
Fundamental analysis
Another reasons that telling us about the big bull candle that will happen soon is the oil price, i you watch the whole exchanges, you will notice that low oil prices make bitcoin fall down, opposite for Dow Jones and Nasdaq exchanges, that telling us low oil prices is good for those Exchanges, before the weekend oil prices had a big bearish candle, and usually after bearish there is bullish, and depended on that bitcoin prices is linked to oil prices, it telling us that if oil prices will have bullish, it will be the same thing for bitcoin, one second reason is depended on dollar price index, the federal reserve had not enhanced the interests rate, that will affect the inflation of united states economy, and if there is inflation, it means that the demands on bitcoin and other currencies will rise compared on dollar index, dollar will get negative effected. a low dollar index means higher bitcoin prices.
But all those positive reasons will not have the ability to affect bitcoin if Trump can't resist corona, if this senatio happen, i think we will watch bitcoin continue confined between 11080$ and 10155$, and this will maybe lead to bearish in bitcoin chart.
XMR BEARISH WARNINGThis is my first public chart analysis. I am assuming we will see a bearsh few weeks once we see the MACD cross over. MFI can be used as a early warning sign. The news about the IRS to help crack the privacy of monero may impact it, but also I can see BTC affect the alt coinsphere once it drop, which bearish momentum is increasing. With Covid in the picture, lock downs are more likely to happen, unemployment may increase, these less money to invest, and that money will be used for essentials. Could we se a crash like we saw in march? I dont know about that. My guess is we may see some support at 60$ if btc drops to 8800$
Monero XMR Multi-year accumulationHHs and HLs on the relative strength ratio XMR:BTC reinforces the idea that we are currently in phase D of a multi-year accumulation on XMRUSD.
Short term, price can spring the support of the local trading range (dotted line) at $70, but the overall price action is very constructive.
We have discussed this chart in our free Wyckoff Crypto Discussion , check out the last episode:
www.youtube.com
SMA bullfighting lines.We can see how a process from the past will be repeated. We can see the price of $110 USD in 2 weeks.
Bullish ascending triangle breakout on MoneroLarge multi year bullish ascending triangle breakout on Monero this week. Target is $165
Monero Can Rise Another 20%Monero is in impulsive uptrend that is likely going to continue as current price action from the highs looks like a corrective pause on the way up. Ideally that's a wave four so fifth wave could possibly go even to 120. The first support for wave four has already been touched, but there is still a chance that correction will be more complex. In that case 80.00 is the next support, and even if touched the structure remains valid as long as market trades above 68.00.
Channel breakout for XMRXMR starting the altcoin bullseason??!! :D
People think that the defi hype was an actual altcoin bullrun. Let me remind you most top alts are not even on 1/10 of the max price, we are still deeply in a bear season. Although that could come to an end this year.
XMR attempting to breakover key levelMade a reversal diamond pattern, in a rising wedge on the RSI with room to spare overhead.
WEEKLY analysis of Monero/US dollar Hi friends
the weekly chart of this market shows that it will experience an uptrend in the coming days but we must be vigilant of the change from direction to opposite
please subscribe to receive new analyzes
