Fundamental 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...
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...
If XMR can get past this red downward trend line here, I believe we are good to go ...upwards. To say the least. My stop and sale would be at about 209.
Update to my Monero videos. My personal target was reached at 207.4 with a limit sell at 207.44, executed. This will remain a neutral position video, however I am bullish on all privacy tokens in the long run. I believe privacy tokens will eventually over the next year or so create their own little ecosystem, with XMR essentially playing as BTC within this...
A little accountability from me, as well as a brief run-down of Monero's gradual rise. Also quickly discussing: -thoughts on how I place my sells -thoughts on how I look at the aftermath of a large pump, ----and why Monero has created a nice asymmetric, rising triangle; as opposed to how it could have gone if Monero had continued to pump hard. If it did, we...
Volume steadily increases... While price steadily decreases... I'm glad that I was able to bring ZEC back out on the daily ticker, on my last video, to observe the historic downward trend; because, I was able to notice something very bullish about Monero. As XMR's price continued to fall over the last year, it's volume steadily increased. This, to me, has...
Discussing XMR breaking through the trend to hopefully give us another nice pump up to the first resistance pivot also discussing ZEC at the end, and the fact that ZEC is on a historical downward trend. EDIT 03/24/22 @1805hrs MDT just noticed in my little ZEC analysis that historically, ZEC is forming a nice little triangle breakout with my bottom trend line....
Cup and handle looks good to go. Lower circulating supply than bitcoin until ~2040. Canada/Russia waking people up to fragility of traditional money and even dangers of public ledgers like bitcoin. Ukraine officially accepting XMR for wartime donations. 4 of the 6 weekly top gainers are privacy based. Barry Silbert (hate him or love him, DCG is huge) re-tweeting...
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.
This would be at least the 5th or 6th attempt to test the 176.5 level on Monero. If the price breaks below this key level, the next stop could easily be 124. It will mostly depend on how BTC will do in the next few days. In my opinion, the more times this level is being tested, the more chance we'll have that sooner or later this break will happen, and the fall...
Monero has a nice setup for long positions. Just check the volume and be careful around strong SR.
BTC bull run cycle set to expire November 30th. When that happens alts will tumble but quickly gain the reign of Alt-season.
XMRUSDT downward trend is broken It's better to wait for a confirmation candle but it's already seems OK You can see all the resistances on chart ( R1-R2-R3 ) Final target is ATH which is a important technical level XMRBTC Situation: is getting recover from support level
XMR to $800+ in the cards www.thinkmarkets.com contiuation of decrease in volume as channel trend lines converge confirms pattern. Usage metrics bullish as ever. XMR is long overdue for a real pump imo.
Monero has recently broke above a key resistance level & closed above the level on the Daily Timeframe . A small pullback & retest of the key resistance around the 275 price mark has happened & is currently in accumulation. RSI on the Daily Timeframe is 57.28, indicating an uptrend whilst still having lots of room before entering overbought territory. The price...
Monero is at the beginning of a big uptrend. He must first complete 5 motivational waves, then we can hope for higher goals in the next time cycle
The touch points in blue to help determine the arc. If it stays in the arc and goes break through the yellow and blue horizontal line it can potentially going to $400 or more above by the end the year. Provided there's no crash or big correction in the stock market.
Let's buy Some #XMR ( Monero ) , Shall We ?? Great Move Starts From Yesterday and what a break :)) isn't it ?? ... In order to buy, the SL (stop loss) and capital management must be observed. All resistances and TPs (take profits) are marked on the chart. (DYOR)