XMRUSDT: Bullish Butterfly Update: Bullish Breakout Seems LikelyXMR, despite the spot pairing having been delisted on Binance a few months ago, has survived and held above the PCZ that was of very much importance to the historic price action. During the delisting XMR had sold off back down to the PCZ in record volumes on the exchange, however, in spite of record selling the support still held, since then, the price has stagnated at this level potentially hinting towards accumulation. If the Support had Broken XMR likely would have crashed all the way back down to 20 but for the time being the coin has proven resilient at this price level and it would seem that we will soon be marking up to significantly higher prices as the diagonal Bearish Trend seems to be coming to a close.
Monero
Monero (XMR) or Moonero?Greetings citizens of the world
Monero price today is $145 with a 24 hour trading volume of 100 million dollar. XMR price is up 0.7% in the last 24 hours and 7% since last week
Monero is the top privacy centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system and after what happened to Tornado cash more "people" use XMR.
100-110$ is the most important support level for monero so if you were long from that level take some profit because at 160 we can have a little correction but if we break 160$ then 165,170 and 179 are next targets. If you want to buy monero for long term hold, 100-120$ are good dip zone for loading some coins.
as you see XMR repeat its pattern in downtrend so there is no reason for FOMO or any crazy leverages
XMRUSDT BULLISH SETUP XMR has formed an expanding channel, with a distinct breakout and subsequent pullback occurring at the upper boundary of the channel. Maintaining a steady position above the highlighted key level, we anticipate a reversal or bullish rally back towards the upside. According to our price analysis, we foresee a target in the vicinity of the $151 region or higher.
Downward Risk For MoneroThe price of XMR has recently broken out of a long-term downtrend and exited this pattern. Currently, the price is fluctuating within a specific range and is in a trading range phase. If the price breaks out of this range, it is expected to change by the width of the rectangle. Additionally, if strong bearish patterns form, the price may decrease to the area of the green line.
Monero (XMR): Clear Path for Strong Surges AheadMonero (XMR): CRYPTO:XMRUSD
Monero (XMR) , like many other cryptocurrencies, experienced significant sell-offs but hasn't recovered as robustly as others. This lagging behavior presents an opportunity to capitalize on potential faster and more favorable entry points. Currently, it is believed that Monero might still be at the end of a Wave 2, which could be advantageous as it allows for potential entry points into the market.
Underlyingly, we are in a subordinate Wave 3, expected to reach between $250 and a maximum of $431.
Zooming in, after completing Wave 2 at $101, we've developed Waves (i) and (ii), and are now attempting to complete Wave (iii). This wave is anticipated to reach at least $164, extending up to $233. Following this, we aim to seek initial entries for a possible Wave (iv), aiming to reach at least $250.
Monero is showing an absolutely incredible pattern in the chartsMonero (XMR) is showing an absolutely incredible pattern on the weekly and daily charts. Monero is one of the very few truly decentralized and anonymous blockchain cryptocurrencies on Earth, which is why the powers-that-be are working to make it harder and harder to obtain. This is why it was dropped from the criminal/fraudulent Ponzi scheme known as Binance recently.
I see good things coming for those who hold this crypto in terms of usage.
Good luck, and always use a stop-loss
Z CASH Would you risk one to gain 5?IT seems like a good area to pick up a "asset"
at a previous All time low.
Buying weakness vs strength historically a bad move.
yet..
#MONERO got delisted from #Binance ysterday
Whilst #ZEC has passed their compliance review --- coincidence???
Laughable stuff !!!
But what can we do.
Make some "money" on ZEC
whilst using XMR
if you are that way inclined.
Target 1 seems reasonable this year
Target 2 in 2025 sure why not
and anything beyond from these levels
and still are holding well done to you.
XMR/USDT preparing for resistance Breakout? 👀 🚀Monero💎 Paradisers, turn your attention to #XMRUSDT as it's currently charting a significant course in the market. Positioned in a demand zone, it is gearing up for another attempt to breach a formidable resistance level, hinting at a strong potential for a bullish movement.
💎 Delving into #MONERO market history, we observe its adherence to a descending channel pattern, culminating in a break and subsequent upward movement. Recently, after a rejection from the solid resistance level at $152.20 it is regaining momentum to challenge this threshold again. A successful breakout here could pave the way for a likely upward trend. Should this bullish momentum persist, OMXSTO:XMR is set to target the resistance levels of $188.25.
💎 However, experienced #XMR traders understand that the path in crypto markets isn't always linear. If the anticipated breakout becomes a close call and deviates from expectations, be ready to pivot towards a bullish resurgence from the demand level of $125.56. This should be part of your strategic contingency planning.
💎 Additionally, if #XMR dips below this support level, a strategic shift may be necessary. Such a development would indicate the need for a reassessment of the bullish perspective, requiring an adjustment in strategy to align with the evolving market dynamics. 🌴💰
The Final Zcash Chart Prediction for 2024-2025 Crypto Bull CycleIMHO - Zcash’s primary use case is a private store of wealth. It’s a Swiss Bank Account without the Swiss Bank. ZEC is PRIVATE digital Gold 3.0. The project needs a great wallet experience and a transition to PoS. Hoping new leadership can pull it off
Not anymore so I hear your frustration. Zooko founded Zcash so he gets rewarded like a founder. My guess is he cares far more about Zcash’s ability to provide freedom and privacy to the world than money. Anyhow, thanks for the comment. I personally use Zcash as a Swiss Bank account without the bank and for me, THAT is Zcash’s best use case. Private Bitcoin Digital Gold 3.0.
So why is BTC at 47000 and ZEC at 20 ? Usage has nothing to do with that. Technical properties are having no influence. ZEC is not an object of " speculation " investment. Investment and usage go hand in hand. The" ZEC company" is responsible for this disaster.
It's not speculation. It's serious investment into a product which holds value and is seen as beeing money. The people who are managing ZEC have never had any interest in price or value. It's kind of really strange to me that people who have no interest in money and it's value are trying to create a product which should replace our current money. the code has no value for anybody until you give it real value. This is something what we all do with things. First you need enough people who are seeing the value. Than you need people who are seeing that possible future value and buy it as an investment for the future. Than you can as the value increases do something with it and spend it. Money makes the world go round. Silly socialist ( woke ideas ) always have and always will fail because it goes against human nature. One more thing: In the long term, utility and usage are everything. This statement is correct. One question for you. Many people have developed many very good things. Why does one come to live and others which may be even better don't. What is the difference? That's not a lecture. That's live experience. Silly Ideas are killing humanity ( and ZEC )
www.youtube.com
www.youtube.com
Monero & Zcash - Navigating the Future of PRIVACY COINS📉Hi Traders, Investors and Speculators of Charts📈
For today's post, we're diving into the concept of "privacy coins."
In the modern digital landscape, privacy stands as a paramount concern for businesses, entrepreneurs, and personal transactions. With the soaring popularity and adoption rates of cryptocurrencies, privacy-focused coins like Monero (XMR) and Zcash (ZEC) have garnered attention from investors, developers and users due to their ability to facilitate anonymous transactions.
Unlike conventional cryptocurrencies such as Bitcoin, privacy-focused tokens like Monero and Zcash are designed to obscure blockchain transactions, thereby enhancing user privacy. This unique feature has drawn scrutiny from global governments , which raise concerns about potential misuse for illicit activities like money laundering and terrorist financing.
Recently, in response to regulatory pressures, major crypto exchanges like Binance and Huobi have discontinued support for privacy coins, citing concerns raised by authorities. Additionally, US authorities have imposed sanctions on the utilization of significant crypto mixers like Tornado Cash.
Monero and Zcash, both rooted in the privacy-focused CryptoNote protocol, prioritize transaction security and privacy. While Bitcoin offers pseudonymity, Monero and Zcash were specifically developed to enable anonymous transactions .
📈 Monero (XMR)
Launched in 2014, Monero is an open-source, decentralized cryptocurrency that incorporates robust privacy-enhancing technologies like Ring Signatures, Ring Confidential Transactions (RingCT), and Stealth Addresses. These features make it exceedingly difficult for third parties to trace transactions or identify individuals involved.
📉 Zcash (ZEC)
Zcash utilizes the zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) protocol, which enables users to validate transactions without revealing transaction details. Users can choose between a transparent layer, similar to Bitcoin, and a shielded layer that guarantees complete privacy.
In light of escalating concerns about data breaches and cybercrime, individuals and businesses are increasingly seeking data protection and privacy technologies. Privacy coins cater to this demand by offering a high level of confidentiality in digital transactions , making them particularly useful for merger and acquisition activities and for users valuing financial privacy.
Despite their benefits, privacy coins face significant regulatory challenges worldwide due to concerns about their potential use for criminal activities . Regulatory bodies like the Financial Action Task Force (FATF) are working to establish guidelines to mitigate these risks, potentially impacting the use and adoption of privacy coins.
💭Final Thoughts...
Developers and stakeholders in the crypto industry must address regulatory challenges to strike the right balance between privacy and compliance while advocating for regulations that safeguard user privacy without stifling innovation.
The future of privacy coins remains uncertain amid tightening regulations and security concerns. However, as businesses and individuals increasingly prioritize digital privacy, there is a growing demand for innovative solutions that ensure data protection while complying with regulatory requirements.
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CryptoCheck
BYBIT:XMRUSDT.P BYBIT:ZECUSDT.P
Monero one of those "wish I bought more"sYesterday Monero CRYPTO:XMRUSD dipped over -30% on new that Binance was going to delist it and other multichain (privacy based) currencies.
When I first saw the drop of my watchlist I feared that some part of the Monero protocol had been broken and that its privacy focus had been circumvented. Once I informed myself of the "reason" for the drop I became more bullish on Monero. The fact that it was being delisted for being "too private" means the protocol is working as intended.
I suspect that the drop was due to users of the largest crypto trading platform being forced to sell their holdings or covert them into other currencies to get them off the Binance platform. This is likely one of those price events where once the market realizes there is no fundamental change to the asset price recovers quickly.
From a technical standpoint; CRYPTO:XMRUSD Did not even hit the July 2022 critical low in this move.
Monero Playable- Well this chart will be a bit difficult to understand, so follow the graph and the famous bubbles..
- XMR i a strong privacy coin, notice the asymmetry from 2018 to 2022. stunning!
- XMR is not an FTX shitty token or a scam coin, this project is here to stay.
- Monero is comparable to Litecoin, they start always their bullish trends before the other altcoins.
- Litecoin because of his halving earlier than BTC, XMR because it's like the little brother of TheKing for the Darknet.
- So to play this trade you have to follow BTC movements, because if BTC dip more you know already what will happen to XMR..!
- Remember also that for now we could go sideway for while and it could be very boring, so be patient.
- Play like a robot don't be greedy, respect your gains and take your lose or hodl (up to your strategy).
- Always invest what you can afford to lose.
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Trading Part ( Look the chart to understand more )
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Now : Nothing to buy !! ZERO !
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Scenario 1 : Play the Dip ( Dangerous mode )
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- Buy 120$
- Rebuy 100$
- TP1 170$
- TP2 250$
- TP3 350$
- SL : 95$
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Scenario 2 : Play the Breakout ( Soft mode )
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- Buy 180$
- TP2 250$
- TP3 350$
- SL : 165$
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- if you understood my chart, i can tell you, Bravo!
Happy Tr4Ding !
XMR - The STRANGEST (and EASIEST!) Chart 🤔📉Hi Traders, Investors and Speculators of Charts📈
If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1.
Monero / XMR is an altcoin that still has massive upside potential for the coming bull season. But when analyzing Monero, I came across something rather interesting or strange; unique to the XMR chart - the candles follow a perfect quadruplet set of diagonal support lines!
Usually, and you may be more familiar with this, you will see horizontal support zones, for example:
But on the XMR chart, the trendlines of both support and resistance are diagonal, rather than predominantly horizontal like most other charts. After finally identifying this interesting trend, we can now readily set buy/sell zones. For example:
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CryptoCheck
CRYPTOCAP:XMR BYBIT:XMRUSDT.P BINANCE:XMRUSDT KRAKEN:XMRUSD
MONERO (XMR) showing a MASSIVE bullish divergence on the 1hr.MONERO is showing one of the largest bullish divergence gaps I've seen in a long, long time, after dropping about 40% in a day. This was obviously a coordinated attack to manipulate the price of XMR, as it is hated by the power's that be, because it can not be tracked, traced or controlled by their corrupt ring of criminal governments. Their pathetic attempt is now backfiring, as all they did was give XMR investor's the opportunity of a lifetime to buy even more XMR at the best discounted price they've probably seen in years.
If you trade this, trade with caution, as they could do it again.
Good luck and always use a stop loss.
"Monero Roars: Bull Run Signals Potential Multi-Year Rally!"Monero (XMR): Chart Analysis Indicates Multi-Year Bull Cycle Amid Privacy Focus
Monero (XMR), a leading privacy-focused cryptocurrency, is captivating the attention of traders and investors not only for its unique attributes but also for the compelling price setup that suggests a potential multi-year bull cycle ahead.
Privacy at Its Core:
Monero isn't just another cryptocurrency; it's a digital asset engineered for privacy and anonymity. Utilizing cutting-edge cryptographic techniques such as ring signatures, stealth addresses, and confidential transactions, Monero ensures that users' financial activities remain shielded from prying eyes. In an age of increasing surveillance and censorship, Monero stands as a beacon of financial sovereignty, offering individuals the ability to transact freely and privately, without fear of surveillance or censorship.
Community-Driven Development:
Monero's development is steered by a passionate and decentralized community committed to advancing the principles of privacy, security, and decentralization. Unlike many cryptocurrencies, Monero has no pre-mine or founder's reward, ensuring a fair and equitable distribution of coins from the outset. This grassroots approach to development fosters innovation and ensures that Monero remains true to its core principles.
The Price Setup:
Against the backdrop of Monero's privacy features and community-driven ethos, its price chart reveals a compelling setup that hints at a potential multi-year bull cycle. Technical analysts have identified what appears to be a six-year cup and handle pattern—a bullish formation that typically precedes prolonged periods of price appreciation. The cup formation, which began around 2018, showcases a gradual accumulation phase followed by a consolidation period characterized by relatively stable price action. In recent months, Monero has shown signs of breaking out from the handle formation, with price movements suggesting a potential upward trend continuation.
Implications for Investors:
For investors seeking exposure to a cryptocurrency with strong fundamentals and growth potential, Monero presents an enticing opportunity. If the cup and handle pattern indeed materializes into a multi-year bull cycle, investors could stand to benefit from significant gains over the long term. However, it's essential to approach investment decisions with caution and conduct thorough research, considering factors such as market volatility, regulatory developments, and macroeconomic trends.
Conclusion:
In conclusion, Monero embodies the principles of privacy, security, and decentralization in the digital asset space. As its price chart suggests the potential for a multi-year bull cycle, investors are presented with an opportunity to participate in the growth of a cryptocurrency that prioritizes privacy and financial sovereignty. While the outcome remains uncertain, Monero's fundamentals and technical setup offer compelling reasons to believe in its long-term potential.
XMRUSDT Bullish Overture and Fibonacci FantasyAh, the Monero chronicles! Picture this: back in October 2023, XMRUSDT shattered the colossal triangle pattern that had been brewing for a whopping 500 days. It wasn't just a breakout; it was a seismic shift, a bullish beacon illuminating the medium and long-term horizon.
Fast forward to the aftermath—a robust pullback, precisely what the bulls ordered for that ideal entry point. But here's the kicker: XMR stood firm at the uptrend trendline, setting the stage for a potential turbocharged rally.
Now, be ready for the grand spectacle! We're foreseeing XMR setting its sights on the 161.8% Fibonacci resistance, an illustrious mark at the $225 checkpoint. The plot thickens—should this resistance be conquered, Monero has a captivating reward in store for its buyers: a delightful 60% gain.
Monero major supportThis 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 $578
Good luck, and see u at $578 for new update.
Monero - XRM MoonshotMonero is another asset that no one has been interested in for over a year.
Yet there is clear accumulation going on, with a backtest of the old all time high as support as the first low and continuous higher lows subsequently.
You could size this up by having the last low as your invalidation point.
This asset looks incredibly promising, the only doubt is that it is taking a long time to play out, but so did XRP...