🔥 XMR Horizontal Channel ContinuedXMR has been trading inside this channel for over two weeks now, ranging between ~230 and ~280. During BTC's fall recently, XMR has been trading relatively steady without losing too much value.
With XMR failing to stay above the 280 resistance, the most recent bearish move from BTC might actually send the price downwards towards the channel support.
Keep a close eye on the 260 support area, which has currently been holding. Always keep an eye on BTC when trading alts.
Happy trading!
Xmr
LTF analysisup down and then we go
privacy coins are so hot right now
bitcoin is mainstream normie trash
RISE OF PRIVACY - XMRGuys... Please for your own sake start to accumulate some privacy coins... I cannot get into details here however it is important.
Here is some TA on the trend of XMR. as you can see we had nice retracement down towards this channel. Could be a nice area to start spot accumulating XMR for the long term. More downside could come in the future so just beware of that final push down before a huge run-up so keep some fiat locked and loaded ready for that.
XMR Update 1XMR is in a bad tension between the upper and lower sides of the triangle! Depending on how it goes out , the next trend (Up Or Down) would be predictable. Anyway , its not a good time for trade.
Note : Do your own analyze before taking any decision.
🔥 XMR Bearish Channel ContinuationOver the last few days, XMR has produced a bearish channel on its chart. With BTC slightly reversing in the last couple of hours, a lot of alts are seeing a bounce right now.
In my view, this bounce is temporary, we will soon continue the down trend as per my most recent BTC analysis. The top of the channel would be a great place to enter any potential shorts on this pair.
Trade with caution. BTC can move very erratic and will take the market with it, any direction.
Happy trading!
XMR Near-term predictionNow that Monero has broken out of bitcoin's grasp, it can start it's stealthy run-up to new (albeit, not as large as before) highs. After this period we will see another pull-back and I see this as being the halving-top of monero. Either that or we continue to run to the 600s-700s. Previous support helped us again on may 19th and if we get below that we will not come up for a long time, that support will turn into extremely heavy resistance and I see that as the local floor.
I'll leave updates when they come.
XMR/BTC - ATOMIC SWAPS LIVE - long? will this be a sell-the-news or buy-the-news event? chart looks like it wants to break out on this news with a potential floor forming at the $200 level
github.com
this is a historic moment no matter what the market says, it is a huge milestone in the already-impressive resilience factor that monero has.
🔥 XMR In A Pennant: UpdateIn my last XMR analysis I argued that XMR would be following the pattern in the near future, which it did. Take a look at my previous analysis for reference:
Currently, XMR is on the verge of breaking out on the upside on this pattern. BTC's bullishness is definitely helping crypto here. In case BTC stays bullish for a couple of days, we might see some very nice gains in the altcoin market.
Main target for XMR is currently $320.
Happy trading!
XMR in watch listXMR is good to be n watch list. It is talented now to be a market star! But ... We should stay and see...
Note : Do Your own analysis before trading.
bull market confirmedAfter four long years of bear - the XMR BTC pair has finally confirmed a high time frame trend reversal
the Ellen Musk panic was a hoax to get ppl to sell their coins before the biggest bullrun of all time. Hyperinflation is in full effect, the dollar is already worthless. HAHA
I should just put a magnet at 1XMR = 1BTC and be done with it. Everybody sleeping on their privacy right now gonna lern soon that privacy matters way way more than first mover advantage.
Monero is sound money. Bitcoin is a transparent surveillance coin.You have to be insane to broadcast your financial transactions to the whole world. Blockchain analytics combined with BIG data is too much power for someone to wield against anyone individual. It is a slavery system worse than the fiat currency central bankers. you're not getting it... its ok you will soon.
Arrr
How Easily Resistance can Become Support XMRReturn to a strong trendline for XMR
Perfect buying opportunity as this will likely bounce off 1.618 or the trendline drawn
What was previously resistance (1.618) has become a place of support now
$XMR #Monero Long Term Price TargetsMonero's (XMR) popularity has been on the rise, primarily due to its ability to help anonymize users. Monero transactions are much more difficult to trace because they use ring signatures and stealth addresses. These methods help to hide the identities of the sender and the receiver.
Private Money Will Surge Under Current Political Environment
🆓Monero (XMR) May-31 #XMR $XMRXMR is still stable above 240$ zone and it could reach 320$ and 400$ zone in this June. But if it loses this 240$ zone, it will fall down to 160$ zone
📈BUY
- Buy : 235-245$. SL if B
- Buy : 315-325$ if A. SL if B
📉SELL
- Sell : 315-325$. SL if A
- Sell : 390-410$. SL if A
♻️BACK-UP
- Sell : 235-245$ if B. SL if A
- Buy : 155-165$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
🔥 XMR In A Pennant: Break Out ImminentJust like BTC (and other cryptos) XMR is currently trading in a pennant formation. Since XMR is currently trading at the bottom of the pennant, there's a reasonable chance that the price shall reverse soon towards the pennant's resistance, assuming BTC won't fall too much.
In case of a bearish break out, the main target would be $200. For a bullish break out, that would be $330.
All things considered, XMR has been performing quite well since the BTC dump. In case BTC will get bullish again, XMR will be one of my top picks.
Happy tr
Something like thisMonero will eat the lunch of all other cryptos, even bitcoin dominance will be succeeded. No. doubt. about. it.
Privacy matters.
XMRUSD will be atleast 5000$ EOY
horizontal resistance is first target from the 2017 fib retracement.
Lower trend line is super safe/lucky for options entries!
follow me if u like money
thanks for dropping a like
XMRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is in a triangle and wants to test the resistance. But if the price goes out of any direction, the trend will move in that direction. We have specified it for you
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!