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Monerousd

Monero and ETH - The TrendlineA new trendline can be drawn due to the recent bull rise in price, this includes the start of the initial bullrun, the middle of the bear market, and to right now. A common theme between ETH and Monero A triangle can be drawn from the start of the initial bullrun to the trendline, and also another triangle can be drawn from the start of this bullrun to the trendline Following this triangle the climb above started a ravenous bullrun in the initial scenario, is this going to occur again? I am just observing and maybe have my charts skewed by the log scale but it does seem like a long term trendline any feedback / personal observations would be nice Bix
KRAKEN:ETHUSDLong
by Bixley
XMR Analysis of 4y Monero Price Movement and Yearly ExpectationsMonero is probably one of the few old cryptocurrencies that has retained its value in monetary terms, as well have the main old-school function of the crypt - anonymity! Crypto anarchists who value the anonymity of the crypt, buy XMR and hold for years , and such actions allow the price of XMRUSDT to adequately keep on the global chart. Today we will look at the XMRUSD chart on a 3D timeframe, touching the previous 4 years of trading and try to look into the future for a year) In December 2017, the maximum value of Monero was established - $478 . After that, XMR holders had a difficult 3 years (1 year of decline + 2 years of consolidation at the bottom) + 1 year of growth. And now, after +/-1230 days. At the beginning of May 2021, the price of XMRUSDT was able to renew the maximum , setting it at a new level of $519 But literally, a few days later, it became clear that this was just a false breakout of an important level. And already on May 19, when the entire cryptocurrency market was fall, it became clearly visible on the XMRUSD chart at what price XMR investors are ready to buy this asset in addition. The mirrored level of $115-125 has shown its importance 4 times over the past 4 years. In the fall of May, it was from there that an aggressive buyout took place. The drop of Monero was -75%, which is higher than the average in the crypto market during this period. However, there is also a positive factor. Today, when the price of BTCUSD is again dropping towards the critical 30K$ and most of the alts are surpassing BTC in the rate of decline, and some are even preparing to renew the minimum of the last month, the price of XMRUSDT is being held with dignity, long-term investors are not selling yet. What we saw on the chart makes us think and assume that the price of XMRUSD will most likely not fall below the critical zone of $152-162. In this case, a global pattern can be formed on the chart to continue the " Cup with a handle" trend. The upper target of such a figure, after fixing above $500 , will be around $1800 per XMR. It is also always worth keeping in mind an alternative scenario in case the price of BTCUSDT will drop below $28,000 in the near future and continue to move down, then altcoins will not be able to resist this trend. In this case, the global zone for buying Monero for the long-term long will be at the range of $50-80 Write in the comments which scenario of price movement you prefer, and what developments you expect. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
X
by P_S_trade
31
💡Don't miss the great buy opportunity in XMRUSD @monero Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (458). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XMRUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. Take Profits: TP1= @ 492 TP2= @ 518 TP3= @ 555 TP4= @ 608 TP5= @ 662 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6
XMR buy a break setup.XRMUSDT - Intraday - We look to Buy a break of 415.3 (stop at 394.8) Daily signals are bullish. Price action is forming a bullish flag which has a bias to break to the upside. We can see no technical reason for a change of trend. A break of 415.0 is needed to confirm follow through bullish momentum. We look for gains to be extended today. Our profit targets will be 469.3 and 489.3 Resistance: 410.0 / 425.0 / 450.0 Support: 390.0 / 365.0 / 350.0
XLong
by Signal_Centre1
1
Put MO DINERO in MONERO... FOR MO MONET..Interestingly, the US treasury is hinting at cracking down on money laundering through BTC. Monero is designed to be the most private crypto. It would be my guess that MO DINERO will be flowing through MONERO soon. Also, the technicals look good. Stoch RSI and MACD indicate a buy. In addition, we've got a V spike with a near-identical angle (which usually trends back up to the same level it started at. MONEROT EQUALS MONET Learn MO about MONERO here coinmarketcap.com
XLong
by Ifyouonlyknew
2
$XMR #XMR - Monero long - break of 2017 ATH soon?Monero (XMR) is the top privacy-centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions are remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable. XMR has had a very strong run so far. In this 4H chart, if price stays above the green support box, then it is likely to continue to 440 - 478 to the previous ATH of 2017. A break below the green box would invalidate the bullish scenario in the near-term. Please follow BradtNom, leave a comment or link to your own ideas! Charts are for information purposes only. Not trade suggestions. DYOR (Do your own research) - act responsibly with your money.
HITBTC:XMRUSDLong
by BradtNom
XMR Buy a break setup.XRMUSDT - Intraday - We look to Buy a break of 332.3 (stop at 318.9) Daily signals are bullish. Price action continued to range between key support & resistance (310.0 - 331.0) although we expect a break of this range soon. A break of bespoke resistance at 331.0, and the move higher is already underway. The previous swing high is located at 345.0. We look for gains to be extended today. Short term bias is bullish. Our profit targets will be 369.3 and 389.6 Resistance: 331.0 / 345.0 / 360.0 Support: 320.0 / 310.0 / 300.0
XLong
by Signal_Centre1
1
Monero, some thoughtsJust an idea, my personal opinion Are we approaching a new steeper Uptrend Channel on XMR? ;) If so, follow the arrows! LENDING: Celsius Network - Download the App to earn Interest in Crypto, located in USA: celsiusnetwork.app.link Bitrue - Leading in Crypto Lending, located in Singapore: www.bitrue.com FREE BASIC INCOME: A Basic Income Coin + Wallet accessable for everyone via Webbrowser, made by eToro CEO: wallet.gooddollar.org CRYPTO EXCHANGES: Bitfinex, one of the biggest Exchanges in Asia, Lending, Spot Trading, Margin Trading and Futures: www.bitfinex.com Come to Bittrex - lots of Coins to earn there, located in Liechtenstein: bittrex.com 3x Long Token is tradable on Poloniex, located in USA-Delaware: you get 10% of my trading fees and I 20% of yours poloniex.com ***ALL MENTIONED IDEAS ARE MY OWN OPINION AND ARE NOT A TRADIGN ADVICE*** ***PLEASE FOLLOW AND LIKE IF YOU LIKED THIS IDEA!!****
KRAKEN:XMRUSDLong
by coinwide
2
MONERO BREAKOUT OR BREAKDOWN .. 80% MOVE IS IMINENT Hi Everyone 12 TF We have Symmetrical Triangle close to the apex for a breakout or breakdown I have done a fib ext pull to give potential targets both ways ... the1-1 extention aligns with the measured move of the triangle from Hi -Lo . Wait for a break of the support or the resistance and a candle close and Backtest before taking a trade and be aware of a potential fake out to the upside first or vice versa ..this is why the backtest should be waited for . follow the rules for validation to take entry and your trade wont be invalidated. manage risk and SL and thanks for your support. Any comments or questions then write away
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by SJTRADESFUTURES
2
Monero (XMR) to $380 before June? Never say never! Monero is a really interesting coin to me. I've been watching it for a while. It seems to be one of the few coins that is very-much anti-hype, and relies heavily on actual usage, community funding, and other measures of "organic growth". For a coin that has been battle-tested and around since 2014, you'd think it deserves a much higher price-tag! But where others see lackluster performance, I see one of the comfiest longs of all time. The risk/reward is insanely attractive. You can own >1/1millionth of the supply (until ~2040), today, for $4000-5000. This proportional network share is greater than or equal to (depending on when you compare, due to Monero's tail-emission) owning 21 bitcoins on the bitcoin network (currently worth more than $1,200,000). Locally I see a potential bull-flag. But on a longer time-frame, there is undeniable fundamental backing that makes it impossible for me to ignore Monero (XMR). Let's review some facts : 1) Monero is cheaper to use than Bitcoin. I have been looking at the stats from Monero.how to get accurate data on median transaction fee for the last 100 tx's on both monero and bitcoin. Consistently, monero is LOADS cheaper to broadcast. Currently, XMR median-fee is $0.0121 compared to BTC's median-fee of $28.6950 during the same time-frame. 2) Monero is faster than Bitcoin. XMR Average Block-time: 2 minutes! compare this to bitcoin's average block-time which has been only as low as 7.5 minutes in the past 3 years, and as high as 15.6 minutes, with the average 5-times as long as monero's around ~10-minutes. 3) Monero has faster proportional transaction-growth than bitcoin. Again, you can source this data from many sources but I choose to look at the stats on monero.how on a daily/weekly basis, personally. Take a look at the section in the middle titled Monthly transaction count . Monero has been doubling year after year while bitcoin's transaction count stagnates. Likely due to the bitcoin-maximalist narrative shifting from "A Peer-to-Peer Electronic Cash System" to a so-called "store of value" or "digital gold", instead; this narrative shift is likely fueled by the slow block-time and increasing fees pricing out most practical use. 4) Monero has built-in consumer protections. Monero is the only truly digital-cash crypto out there. It provides consumer protection so powerful that the IRS wants to crack it and the darknet is dropping Bitcoin entirely . Now, some people view monero's use in illicit activity as a bad thing. I would like to remind you that Bitcoin comes from the exact same background, with it being the only payment option on darknet-markets for years, and anybody who isn't buying Monero due to regulatory/illicit-use concerns will also have missed buying Bitcoin when it was worth <$1000 as during its early years the same exact regulatory concern existed. Furthermore, the corporate adoption of Bitcoin has not even been stopped by ugly, immutable facts (that people seldom like to discuss for obvious reasons) like this Sit back, and enjoy the ride, my friends. DeFi and NFT are the hype right now, but Monero is inevitable. The price has doubled even after the bittrex-nothing-burger delisting scare (seriously? we lost <0.1% of daily volume) because Grayscale has announced their potential monero trust All of this is going to look so obvious in hindsight. It just moves slowly. I think buying 1.87-18.7 Monero, at least, if you can afford it, will most likely lead to a fantastic return on a local timeframe for USD and almost certainly on a longer time-frame (yearly) as companies like Chainalysis continue to further control transparent blockchains and investors seek consumer protections like the privacy that monero offers. That being said: this is not financial advice; I am not a financial advisor. All investments are inherently risky and there is a possibility of losing all of your principal investment. I think that covers the legal bases ;)
BITFINEX:XMRUSDLong
by chickenboye
8