XMRUSDT 3D How much can Monero anonymity cost?Today, on the global chart, we will consider the XMRUSDT price movement
Monero is an old crypto coin. It is popular because it is "the last of the Mohicans", which preserves the anonymity of the owner.
Quite often moves on an individual route despite the trajectory of the BTCUSDT price.
During the fall of the crypto market in June 2022, the XMRUSD price was held by a powerful mirror level in the area of $96.
XMR price is currently trying to establish itself at the top half of the descending trend channel that has been stretching since May 2021
If the price is firmly anchored at the top half of the channel, as well as a little positive in the crypto market, everything is set for continued growth.
We expect that with such a schedule, the XMRUSDT price may rise to $330 at this year.
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Giant Bull Flag on Monero's weekly timeframeWe can see a giant bull flag on Monero's weekly timeframe with of course an overshoot of the pole, according to the pole size without the overshoot the price targets could reach or exceed previous ATH of around 500$ depending on the breakout zone also coinciding with the completion of the giant cup and handle patern, if we were to take the overshoot into account, price targets could be around 720$. We also need to take into account that if BTC and the markets decided to head south as many expect/expected Monero can easily fall to the 70$ range all while staying in the bullish flag. Currently we are flirting with the median line of the descending channel acting as resistance.
Moreno DipsPrice Was Currently in a end. It pulled back into retracement levels and met a key supply zone making it ideal for a short position
Monero HikeMonero looks to be heading to the upside. a double bottom break seems to be forming on the DAILY and structure with in the 4H and the 1H correlate in a bullish trend. The 1H is moving into Fibonacci retracement levels providing a great opportunity for a temporary long position on XMR.
XMRUSD Gravestone Doji AnalysisViewing the Gravestone Doji that has previously formed on the middle band and the candle that followed we can make some assumptions based on the current gravestone doji
As the current Gravestone Doji is at the upper band we can assume a dump to the middle band (comparable to the previous drop)
Gravestone Doji's are considered very bearish
This is the Monthly timeframe
MONERO (XMR) For anyone buggin' about not hittin' that lick...As you can see from my hourly Monero TA (if you can excuse all the insanity, this is my most looked at and edited chart), we are at the very low end of the RSI spectrum, coupled with a very steep drop from our cataclysmic rise several days ago. This is a PERFECT long position to be in for anyone like myself who just did a beautiful short/long flip in my futures.
Weeeeeeeeeee.
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Monero Target price 500 Usd on weekly Monero is approaching a resistance area comprised between 252 USD and 308 USD equivalent to fib retrenchment 61.8% and 50% of previous Break out .
In case of break out 500 $ can be an easy target
Nice weather up here! (MONERO/XMR) This is just a thank you to everyone who has been following me the last couple months through this Monero breakout... 🍾
We could definitely see a drop to retest 275 or even lower, however the overall positive trend since the end of Feb is bullish all around.
Definitely a bit of a celebration for me with how much passion I have for Monero, privacy tokens, and personal liberty in general. 🎉
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Monero (XMR) back into the rainbow 🌈Monero still showing bullish signs. I wouldn't expect another all-out pump, albeit we can never be sure.
However, what I'm personally expecting as of now, is for Monero to bounce around inside this rainbow of parallel channels that I created way back during the big dip on the 2/24/22.
As long as Monero continues within this rainbow (which it has been doing now for almost 2 solid months), we are in good shape.
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Monero XMR inverted head and shouldersMonero is showing another head and shoulders formation in the chart -- she's looking towards the sky...
"Sir.... we were cleared for style="color:#FFFF00">take off over an f'ing week ago, standing by at mandatory hold M-69-420 awaiting departure clearance." ... 🛫
🤞🏼 - 🙏
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Monero breakout! (XMR) poised for a run!I realize that it is floppy Friday, (...and tax day for us stupid Americans) .
However, Monero has been continually making positive moves throughout this entire last bearish 10-14 days we've had with BTC and the rest of the crypto-verse.
I have been following Monero more closely than any other coin/token/currency that I chart.
I've been mining XMR using cheap CPUs since 2018, and have been heavily invested since fall of 2017.
I personally just sold all of my Ethereum and threw it into XMR. if anything... I'd be on the lookout
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Monero (XMR) insanely undervalued!Throughout the last 7 weeks since the beginning of the geo-political turmoil, XMR has continued a steady, albeit slow, predictable rise through all manner of chop coming from BTC and ETH.
You can even see large parabolic downshifts in which -within a matter of hours, or a couple days- Monero returns to the exact same trend, as if nothing had ever taken place.
I am currently working on a video about this overall positive Monero trend going on; with that being said, Monero is incredibly undervalued right now.
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Monero XMR Price Targets and Stop LossXMR/USDT
Entry Range: $217 - 233
Take Profit 1: $256
Take Profit 2: $273
Take Profit 3: $294
Stop Loss: $206