This analysis for a swing trader who look for major support to enter.
You can see that XMR already hit major support. this support are the most strong support for monero since the beginning.
If you look for long buy and hold for bull run after CRYPTOCAP:BTC halving, this is it.
Bullish target from this support at major resistance around 290% profit target at...
It is one of the symbols that is moving above 500 days in a limited RANGE. This symbol appears to be completing a very large diametric.
The green area is the strong bottom. Now it seems that we are in the last correction wave, that is, G from G.
The last corrective branch i.e. wave g of G is expected to be completed and the bullish wave will begin in the form of...
💎 Paradisers, let's focus on #XMRUSDT as its demonstrating a potentially significant market move. $Monero is currently poised to challenge a substantial resistance level, signaling a high chance of a bullish breakout.
💎 Observing #MONERO recent activity, it's evident that it's testing the internal resistance at $177.1 for the third time. Its current position in...
OMXSTO:XMR ON (LOG)
Targets $1200 then $3000
previous time it broke out of the descending channel it increased in price 706%, it just broke out again and if it increases in same % that will make 1 OMXSTO:XMR $1200
In the dynamic world of crypto, Monero (XMR) has recently unfolded a powerful chart pattern that has traders buzzing with excitement. The emergence of a Bullish Cup and Handle on the daily timeframe signals the potential for a significant upward move, with a target set at $188.
Chart Analysis: Cup and Handle Unleashed
Bullish Cup and Handle Formation:
Monero...
Higher because of the "third touch" at a resistance level, usually first two touches validate the resistance. The third touch breaks through, indicating a uptrend, This is actually market psychology and the belief that repeated tests of resistance weakens it!
You have had 500 days to buy ad that major support level which is the white support line, OMXSTO:XMR ...
Today, let's embark on a fascinating journey comparing two heavyweights in the crypto realm—Monero (XMR) and Ethereum (ETH). These titans share a common thread with identical patterns on the weekly timeframe. However, the tale takes a compelling twist as Ethereum takes the lead, already executing a breakout, while Monero patiently accumulates within an ascending...
Greetings citizens of the world
Monero price today is $145 with a 24 hour trading volume of 100 million dollar. XMR price is up 0.7% in the last 24 hours and 7% since last week
Monero is the top privacy centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system and after what happened to Tornado cash more "people"...
Monero is printing a inverse head and shoulders pattern inside of a symmetrical triangle, the diagonal dotted line is acting as support right now, I have measured both targets for both patterns.
GL
Monero try to break small channel down pattern.
If XMR success to break up, we will have a good bullish movement with target at fibonacci projection.
this target at $186.6 also same level as january resistance
don't forget to like this analysis,
If you have any question, do not hesitate to contact me
Your support at this analysis will also support Monero to...
Based on the provided market data for XMR (Monero), the current price stands at 169.4 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 52.05, 63.38, and 62.35 respectively. These values indicate that the coin is neither overbought nor oversold.
The Moving Average Convergence Divergence (MACD) values for 4 hours, 1 day, and 7 days are...
xmr has touched the bottom channel and find supports on the 50 moving average.
looking at my other xmr charts and and an area of resistance i previously highlighted in both has proven difficult to break past.
the btc pair now looks to be breaking that resistance and that alongside the usd pair in its position im bullish and ask are we going to see a merry xmas $800 xmr?
I have a big bullish target for monero at previous analysis, and today I found another bullish pattern.
After symetrical triangle resistance broken (previous analysis),
we have diagonal support line (black). This support will be a good line to hold next bearish movement if we have pullback.
Monero also touch fibonacci 0.618 support with a big shadow, 1.618...
Daily timeframe
If we look at daily timeframe, Monero reach major resistance (black line).
This resistance forming a big symetrical triangle pattern with a big range, and if this reistance break up, $427 will be a good bullish target with 149% profit projection.
If we zoom in, I have smaller symetrical triangle pattern, with 62% profit projection at $262. The...
