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Monero XMR Prepare For SellOffThe crypto market is living its last bubble days. The prices do not reflect any fundamentals. Cryptos are pure retail investments gambling at this point. Monero XMR Market Cap $4,444,410,296 vs Biggest German Bank, Deutsche Bank 23.864B Market Cap Moderna - saves the world from Covid-19 - 69.146B Market Cap Ebay - Market Cap 42.174B FORD - 42.174B MARKET CAP When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends. When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing. If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
KRAKEN:XMRUSDShort
by BuySellMarketMaker
4
Monero/XMR is a sleeping giant.Monero has one main purpose, to ensure privacy between users and it arguably does it better than any other cryptocurrency by offering privacy by default. Pros: - Atomic swaps might be released by the end of the year allowing for trust-less BTC<->XMR swaps - Grayscale considers launching a Monero trust, if it happens they would probably be accumulating right now - Michael Saylor mentioned in a podcast that if people want privacy they should "just use a Monero" - Averaging around 4x the number of transactions since the last ATH in 2017-18 Cons: - Exchanges in Australia and the UK aren't allowed to list XMR - Possible regulatory scrutiny by other countries targeting privacy coins - Associated with crime (some could see this as a pro) There are many more pros and cons, which I might add in later. Targeting $420 by year's end.
BITFINEX:XMRUSDLong
by Kanocrypt
1
MONERO: THE BIRD ON THE WIREMonero (XMR) looks to be sitting pretty at $141 which is just above its 100 day simple moving average (SMA), now $137.91. The 100 SMA has provided solid support for XMR since it was tested in June 2020. XMR's bullish price trend has seen a series of higher highs and higher lows over the past 6 months. Monero reached a recent high of $190.22 on 10 January of this year. We have seen a pullback to the 100 SMA after that high. XMR is currently 25.80% off that recent top and therefore looks interesting here. Furthermore, Stochastics were in the oversold region last week and now appears to be confirming a reverse in trend. MACD looks to be on the cusp of turning positive and the RSI is the final indicator which is improving and at the 48 level, closing in on the 50 level. A cross of the 50 RSI would confirm this bullish set-up. She is perched on the wire and ready for takeoff. Long XMR since November 2019.
KRAKEN:XMRUSDLong
by rzinho
2
Monero Discounts Incoming! (XMR)Monero has been in a rally for around 300 days. We brokeout past the recent high of $100 and now I believe we are setting up for a good size pullback. I have my eyes set on a catch at $100 as a potential major breakout retest, the we will bounce towards the ATH. My ema dots indicator on the bottom is showing a red dot which is a sign for sell off. The week will close in 1 day which will help me confirm on trend. The candle above is showing compression with sideways movement, with price shifting below the candle.
BITFINEX:XMRUSDShort
by UnknownUnicorn2319099
1
XMR formed Cypher pattern for upto 40.5% bullsih rally Hi friends, hope you are well, and welcome to the new update on Monero. On the weekly chart, the price action of the XMR has completed the final leg of bullish Cyhper and entered in the potential reversal zone. The price action is breaking down the 50 simple moving average but we have another good support of 100 SMA below the buying zone. Possible profit and loss ratio: This trade has a profit possibility of 40.5%, and the loss possibility is 10%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
BITFINEX:XMRUSDLong
by moon333
1
XMRUSD it can be a best opportunity to buy the dipHey friends, hope you are well, and welcome to the new update Monero. On Feb 9, 2020, I shared the idea where the price action of XMR formed a big bullish BAT on the monthly chart, now the priceline has started to move to the upside and so far it has produced more than a 120% rally. Pivot support and EMAs: Now if we take a look at the live monthly chart, then it can be observed that the price action also had pivot 1st support below the potential reversal zone that helped well to the priceline to move up. In this rally, the price action has also crossed up monthly exponential moving averages 10 and 21. Long-term support and resistance levels: On the weekly chart, the different long-term support and resistance levels can be seen. The price action of XMR has broken out the $100 and $140 resistance levels and re-testing the $140 as support. The next resistance levels would be $140, $260, $330, and $450. An up-channel formation: On the same weekly chart, the price action has formed an-up channel and it is re-testing the support of the channel and weekly EMAs 10 and 21 as well. Ichimoku cloud: The price action has already broken out the weekly Ichimoku bearish cloud resistance and now re-testing the conversion and the baseline supports. Another big bullish BAT: Now if we take a look at the XMR with Bitcoin pair’s 2-month chart, then the Monero has formed another very big bullish BAT and entered in potential reversal zone. This time we again have pivot 1st support beneath the potential reversal zone. s3.tradingview.com Conclusion: The priceline of Monero is re-testing different support levels therefore the re-testing of these supports would be successful then it will be the best buy the dip opportunity.
BITFINEX:XMRUSDLong
by moon333
tip: who do care about privacy ?! analysis of Monero... XMRUSD!What is 🌟Monero🌟? Monero is a secure, private, and evasive cryptocurrency which is first started on April 18, 2014 ,and that uses special encryption to ensure that all of its transactions remain untraceable and evasive .Monero has a circulating supply of 17,815,130 coins and a total market cap of $2,790,931,850 which ranks it at position 15. In a world of increasing transparency, the reason for the emergence and interest in cryptocurrencies such as Monero can be understood. Monero uses the proof-of-work algorithm. This means that Monero, like Bitcoin, a mineable cryptocurrency. The priority of Monero and its community is based on three key values. On the Monero site, these features are defined as follows: 1.Security: Users must be able to trust their transactions without encountering any errors or attacks. 2.Privacy : Monroe values ​​privacy. Monroe must save its users from the death penalty in the courts and in worse cases! 3.Decentralization: Monroe believes in the highest level of decentralization. ------------------------------------------------------------------------------------------------------------------------------ ❇️Quick Technical analysis Monero price now is $156.738 with a 24-hour trading volume of $463,215,010. Monero price reached its all-time high level of $542.33 on January 08, 2018. Monero price is down -0.92% in the last 24 hours and tends to move upwards by 1.45% according to last hour transactions. Also Monero price on a weekly basis increased by 6.06%. When we look at the variation of Monero price monthly, it is down by -2.44%, whereas it is up by 138.80% according to its price 1 year ago. anyway Based on the monero historical price data, we predict the monero price could be about $450 at the end of the year 2021. Also it could be $197.976 exactly one year later today. In the next 3 years, the highest level monero price could reach is $1158.93 and the lowest monero price could be $96.3110 ------------------------------------------------------------------------------------------------------------------------------ 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades.
XLong
by PRO_SMART_Trader
XMRUSDT completed Gartley move | Upto 11% expectedHi friends hope you are well and welcome to the new update on the Monero coin. On the 4-hour chart, the price action of XMR coin has completed the final leg of bullish Gartley and entered in potential reversal zone. Buying and sell ranges: The buying zone starts from 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 . Stop loss: The maximum extent of the potential reversal zone at 0.786 Fib level can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 11%, and the loss possibility is 3%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XLong
by moon333
1