XMR 1D Anonymous coin, loved and appreciatedWe drew the previous global analysis on a 3D timeframe.
But Monero stubbornly does not want to work it out, so it's time to figure out what's the matter on a smaller timeframe.
For 9 months, the price deftly moves upward in a channel, and any attempt to flow the price of an anonymous coin is skillfully bought back.
It is safe to say that Monero most worthy of all withstood the blow from the news of the delisting of the anonymous trio XMR, ZCash and Dash from the Bittrex exchange.
Now the XMRUSDT price is most likely heading to the level of $172.5, where the future vector of the price movement will be decided.
Further, the XMRUSD price from $140 within the channel, will move to update the highs of the year in the range of $200.
Or once again it will aim to test the level of $120 for strength.
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Xmranalysis
XMR-4h. The price moves up to $175.Confidence, anonymity and anarchy are the concepts that characterize XMR .
The voltage of the whole crypto world does not affect this coin at all. Keeping the bottom trend line on December 21, buyers continued their clear growth trend. It seems that she was chosen to hedge losses. It is the last two 4-hour candles that have abnormally high volumes. This nature of the price movement should end with a test of $175.
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XMR / USDT potential H&SHello friends
Quick Monero analysis
XMR /USDT
show potential H&S
Sell if the support faild to bounce again
Next support around 104-100$ ( also equal 0.382 fibo)
Then 96$
Then 85$
Good luck with trading
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XMR back on topSince the 14th of may a new trend emerged inculcating a bull run, this has been confirmed by the break in trend resistance on the on the 1st of july
and in the consistent MACD upwards trend from 14th of may to the 1st of july
meeting theses conditions in a bullish channel means we can defiantly see a test in the markets trend resistance from 2018 with a few more tests of within the channel.
Possible 20-30% gain within the following month.
XMR / My (biased) review of Monero (XMR) - HODL!This is not trade advice.
I am completely biased.
I started mining monero 1-2 months ago, actually after a virus infected my computer with an XMR miner and it led me to investigate it!
Crazy story but I fell in love with this coin. It has EVERYTHING i believe a cryptocurrency should be.
Key points on this video:
xmr
- history
live since 2014
10x potential from where we are now
compare to btc we are 2x from its peak
- whitepaper
xmr is the "anonymous cryptocurrency"
untrackable, untraceable by design
tx fees are low (lower than eg XRP)
tx speeds are high (much higher than BTC!)
security is bulletproof
- decentralized
cpu mined, asic resistant (everyone can mine)
as monero is growing - it is becoming MORE decentralized (many other coins incl BTC are becoming MORE centralized)
51% attack "immunity"
adds to its anonymity and untraceability
- usage
replace XRP for cross-border payments (lower TX fees, faster TX speed)
>> XRP has ripple company behind it doing bizdev, XMR is community controlled
anonymous store of value
anonymous payments
privacy and security #1 coin
blockchain (cryptonight) lead developer for all other cn-based coins
- value
has held value better than other coins
great mining community
mining pools that mine other coins when xmr value dips below them in hashrate/ratio, to continually pump xmr value
dropped less than most other coins including btc in march crash
was not premined (bitcoin, litecoin, monero, dogecoin are only major coins that were not premined)
- mining
block reward dynamic
block size dynamic
difficulty adjust every block
Don't miss the great buy opportunity in XMRUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (60.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 71.70
TP2= @ 81.70
TP3= @ 96.90
SL= Break below S2
Don't miss the great buy opportunity in XMRUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (60.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 71.70
TP2= @ 81.70
TP3= @ 96.90
SL= Break below S2
Don't miss the great buy opportunity in XMRUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (79.50). 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.
. The RSI is at 58.
Take Profits:
TP1= @ 145.90
TP2= @ 120.95
TP3= @ 96.90
SL= Break below S2
Don't miss the great buy opportunity in XMRUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (79.50). 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.
. The RSI is at 58.
Take Profits:
TP1= @ 145.90
TP2= @ 120.95
TP3= @ 96.90
SL= Break below S2
Don't miss the great buy opportunity in XMRUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (52.17). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 59.85
TP2= @ 66.80
TP3= @ 81.60
SL= Break below S2
Don't miss the great buy opportunity in XMRUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (52.17). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 59.85
TP2= @ 66.80
TP3= @ 81.60
SL= Break below S2
Talking about Monero...Monero is having a strong position and currently is among the biggest single-digit gainers in the crypto market especially when considering the top 20 digital assets. The market retraced following the gains that came just before Christmas. The market is currently in the green zone and it is believed that 2019 will see the assets break out of bear range and record significant gains.
At the moment of writing, Meanwhile, Monero is trading at $46.99 at the time of writing. This comes after a loss of 0,47% during this day. Like most of the cryptos during the previous days, Monero caved in at the grip of the bears in the past few days. The crypto corrected lower breaking below a couple of support areas highlighted the 61.8% Fib retracement level of the last upward swing of $53.16 and a low of $53.76, marginally below $50.00. The other broken support is at $44.00, although the Monero formed a low at swing low before resuming the current surge.
Following the trend, Monero is going to be in the range of $47-48,5