Past Performance of Monero Monero prices are free falling when writing, crashing from below $155 and the middle BB. Based on the candlestick arrangement in the daily chart, the path of least resistance, at least in the short term, is bearish. It is a formation following strong gains from mid-June 2022 that saw XMR prices surge by roughly 80 percent. #Monero...
#XMR/USDT $XMR is inside ascending channel and near to break or make the descending trend line. 🐮 Break out from descending trend line that in 4h time frame price is above it, will increase price to upper trend line and that is the same with the golden zone between 0.5 and 0.618 fib levels of yellow swing down. 🐻 break down from ascending channel and 0.5 fib...
Past Performance of Monero Monero has been on an uptrend after bottoming in mid-June 2022. At the time of writing, XMR is up 68 percent from 2022 lows, and buyers have the upper hand. Even so, the stagnation of the past week is a concern for optimistic bulls. This is considering that prices failed to close above the May 2022 highs of around $215. Still, how...
Past Performance of Monero Monero prices are rising with the tide, adding approximately 60 percent from 2022 lows. At spot rates, buyers are in control, and prices are ticking higher in a bullish continuation pattern. Notably, from the daily chart, XMR is up 12 percent in the past trading week after breaking above $130 and May 2022 lows. #Monero Technical...
QML + Waiting for price to pull back into the retracement level and further confirmation to commit to the short
Past Performance of Monero Monero prices are floating higher, rising with the crypto tide. It is up five percent in the last trading day, bottoming up from the 2022 lows. Technically, buyers are steady, and prices are consolidating within a $20 zone. The immediate support is $100, while resistance is $120. As prices edge higher, a break above this liquidation...
Trading Setup: A Trading Signal is seen in the XMRUSDT Monero (Futures). Traders can open their Sell Trades NOW ⬇️Sell now or sell on 206.0 ⭕️SL @ 216.5 🔵TP1 @ 168.5 🔵TP2 @ 138.0 🔵TP3 @ 102.6 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our...
Past Performance of Monero Monero is stable in the previous 24 hours but up eight percent versus the USDT in the previous trading week. Technically, buyers are in control, adding roughly 90 percent from Q1 2022 lows. #XMR remains bullish above April 18 lows and the support line marked by the flexible 20-day moving average from the daily chart. Monero...
we 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?
we had Analyzed the Monero Coin earlier and capitalized on it with two Targets: Fundamentals: 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...
Macro cup and handle pattern in play on XMR. A good long-term target would be around the 1.618 fib extension, which is a 5x from the current price of $160.
Monero has a nice setup for long positions. Just check the volume and be careful around strong SR.
This coin held pretty well during the sell of, and looking on the chart we can see that, after reaching the last ATH's support, it reversed putting in a long tail on the daily candle. More, yesterday the situation is similar, and we gain have a long tail on the daily candle and also a higher low. These are clear indications for me that bulls are still in control...
Monero is at long term resistance which has been in place for over three years at $299.00. This is the last hurdle before new all time highs. If it can break this area convincingly it will go over $500.
On this weekly log chart you can see XMR is now at a crucial point in it's next market cycle. The red down arrow shows the current point XMR is at compared to the last bull cycle shown by the purple down arrow. As you can see they are at similar points when you compare them on the chart as well as on the LMACD where it rose above the level of 0.095 on the weekly...
Monero Analysis - 12 September