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: $206
Xmrusd
XMR is gonna Decrease to 180$( at least!)XMR IS in a Rising Wedge Pattern. This means the Price is Gonna Become Bearish Soon.No break out has accrued yet, but It's gonna be a Bearish one. The Price will fall to 180$ in best Scenario and It is possible to Decrease to the Bottom of The Pattern as well.
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Thank you for seeing idea .
Have a nice day and Good luck
Too attractive to miss outThis looks perfect. This is one of those setups which just make sense and it is a shame to miss out.
Stop under the weekly pivot, take profit at last resistance.
Good luck.
Monero (XMR) formed bullish Gartley | A good long opportunityHi dear friends, hope you are well and welcome to the new trade setup of Monero coin (XMR) with BTC pair.
On a 4-hr time frame, XMR has formed bullish Gartley pattern.
XMR (Monero) Coin Analysis 01/04/2022Fundamental Analysis:
Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography.
The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are.
Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship.
There are several things that make Monero unique. One of the project’s biggest aims is achieving the greatest level of decentralization possible, meaning that a user doesn’t need to trust anyone else on the network.
Privacy is achieved through a few distinctive features. Whereas each Bitcoin in circulation has its own serial number, meaning that cryptocurrency usage can be monitored, XMR is completely fungible. By default, details about senders, recipients and the amount of crypto being transferred are obscured — and Monero advocates says this offers an upper hand over rival privacy coins such as Zcash, which are “selectively transparent.”
Obfuscation is achieved through the use of ring signatures. Here, past transaction outputs are picked from the blockchain and act as decoys, meaning that outside observers can’t tell who signed it. If Milo was sending 200 XMR to Meli, this amount could also be split into random chunks to add a further level of difficulty.
To ensure that transactions cannot be linked to one another, stealth addresses are created for every single transaction that are only used once.
All of these distinctive features have led to XMR being increasingly used for illicit transactions instead of Bitcoin — especially on darknet markets. Governments around the world, especially the U.S., have also offered hundreds of thousands of dollars to anyone who can crack Monero’s code.
One of Monero’s main goals has to prevent centralization — and this network uses a consensus mechanism called CryptoNight, which is based on proof-of-work. This prevents large mining farms from becoming a dominant force.
Seven developers were initially involved in creating Monero — five of whom decided to remain anonymous. There have been rumors that XMR was also invented by Satoshi Nakamoto, the inventor of Bitcoin.
XMR’s origins can be traced back to Bytecoin, a privacy-focused and decentralized cryptocurrency that was launched in 2012. Two years later, a member of the Bitcointalk forum — only known as thankfulfortoday — forked BCN’s codebase, and Monero was born. They had suggested “controversial changes” to Bytecoin that others in the community disagreed with and decided to take matters into their own hands.
It’s believed that hundreds of developers have contributed to XMR over the years.
Monero is slightly unusual as a token sale wasn’t held for XMR — and no tokens were premined either. At the time of writing, the circulating supply of XMR stands at 18,101,020.00.
This cryptocurrency is designed to be resistant to application-specific integrated circuits, which are commonly used for mining new Bitcoin. In theory, this means that it can be possible to mine XMR using everyday computing equipment.
Overall, there will eventually be a total of 18.4 million XMR in circulation — and this cap is expected to be reached on May 31, 2022. After this, miners will be incentivized using “tail emissions,” with a small amount of XMR being fed into the system every 60 seconds as a reward. It is believed this approach is more effective than relying on transaction fees.
The current CoinMarketCap ranking is #40, with a live market cap of $3,870,661,805 USD. It has a circulating supply of 18,101,020 XMR coins and the max. supply is not available.
The Market Cap Technical Analysis of Monero (XMR):
Technical Analysis:
There exist Bullish Divergence of Total Price Value and MACD which is the sign of bearish trend reversal and start of the new Bullish trendm which may lead to the new economical cycle.
There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points .
We have Drown the Fibonacci retracement levels From 0 to ATH.
The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally.
Currently the Price Value is at 61.8% Fibonacci retracement level; it means it has broken the resistance level and had rechecked it backed and it has been Proved to be the support area .
Probably we may not again see the 78.6% Fib or bellow...
Our Past Analysis for this Asset Acquisition:
Initial Asset Acquisition:
Treasury Addition:
XMR (Monero) Coin {Market Cap} Analysis 01/04/2022Technical Analysis:
There exist Bullish Divergence of Total Value and MACD which the sign of bearish trend reversal and start of the new Bullish trend which may lead to the new economical cycle,
There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points .
The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some value correction and Reaccumulations, on its Up Formation rally.
Currently the Total Value is at 61.8% Fibonacci retracement level; it means, it has broken the resistance level and had rechecked it backed and it has been Proved to be the support area .
Probably we may not again see the 61.8% Fib or bellow...
27.5B $ is a fare target for this assets Market Capitalization.
Monero Daily TF Analysis 07/02/2021we can see XMR is in a bullish channel and it can continue in the same direction
we may have some retracement to its bullish Fibonacci retracement golden level and then start its rally
we can target the 27% of fib expansion as our 1 TP 235 and 127% of fib projection as our 2 TP 269
how do you think?
XMR Monero at top of downward trend ~T203 to ~T209If XMR can get past this red downward trend line here, I believe we are good to go ...upwards. To say the least. My stop and sale would be at about 209.
XMR Update! Target reached! Update to my Monero videos.
My personal target was reached at 207.4 with a limit sell at 207.44, executed.
This will remain a neutral position video, however I am bullish on all privacy tokens in the long run.
I believe privacy tokens will eventually over the next year or so create their own little ecosystem, with XMR essentially playing as BTC within this niche market-- moving and shaking things.
XMR in the dangerzone, neutral dayA little accountability from me, as well as a brief run-down of Monero's gradual rise.
Also quickly discussing:
-thoughts on how I place my sells
-thoughts on how I look at the aftermath of a large pump,
----and why Monero has created a nice asymmetric, rising triangle; as opposed to how it could have gone if Monero had continued to pump hard. If it did, we would have had a descending triangle much like ZEC is suffering from in the historic sense right now.
XMR is within a triangle now that could very well break up or down within the next two or so days.
I am still long on all privacy tokens in general; in a historic sense. However, when XMR did not break past it's resistance trend yesterday, it has now gotten itself pinned down under fire from both sides.
Be careful and remember to stay conservative on your stops/sells. I highly recommend staying below a daily or weekly pivot by small margin, as not to get stuck with a bag.
--Especially after all us savvy day traders leave right before the two or so drunk XMR 🐳's, drive a proverbial Hummer through the back door of the party, and everyone scatters. 💥
XMR poised for historic breakout?Volume steadily increases...
While price steadily decreases...
I'm glad that I was able to bring ZEC back out on the daily ticker, on my last video, to observe the historic downward trend; because, I was able to notice something very bullish about Monero. As XMR's price continued to fall over the last year, it's volume steadily increased. This, to me, has always been a sign of a historically dramatic breakout. I don't want to get anyone's panties a'flutter with this, nevertheless, it's just a facet of charting that I've noticed over time.
Volume goes up, while price goes down... they both always meet in a middle for a huge spike.
XMR bursts through the resistance trend!! ~204 to ~208Discussing XMR breaking through the trend to hopefully give us another nice pump up to the first resistance pivot
also discussing ZEC at the end, and the fact that ZEC is on a historical downward trend.
EDIT 03/24/22 @1805hrs MDT just noticed in my little ZEC analysis that historically, ZEC is forming a nice little triangle breakout with my bottom trend line. I think I am going to follow this, chart it some more and see where it goes. Happy trading everyone! ALSO: NOTICE XMR's HISTORIC VOLUME.... 🛫☁☀️👆
XMRTrying to break the ceiling of the triangle pattern ...
High potential and reliable currency
Two important price levels with green and red are shown as important supports and resistances...
XMR/USDT
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Other analyzes :
XMRUSD 1W Cup & Handle 01/01/22XMR is presenting a long term favourable bullish structure.
Technicals:
Volume has increased into and during the handle, conforming to pattern expectation.
Triple bullish divergence on RSI (indicating a significant decrease in downwards momentum), which has the potential to close above 50 this week - indicating momentum passed equilibrium point in terms of oscillation (to the upside).
Stochastics (green & red) are presenting a fresh weekly cross above $223.43, which would imply an upwards oscillation is commencing.
BBWP (volatility indicator) has increased from significant lows (<2%) and continues to present an increase alongside momentum. This is a good indication of a potential longer term, large move incoming in favour of the upside.
Areas to monitor would be a breakout of the orange trendline to the pattern target of 35.2% from breakout and ~$517.60 for the handle neckline. A "perfect breakout" of the handle would implicate a price target to ~56.66% ($816.69) as per historical statistics.
Also note that the average historical price rise for a "perfect breakout" for this pattern is recorded as 54%.
Moonero? Let's see.
This is not financial advice and always DYOR .
XMR/USD Ascending Triangle on Daily ChartMonero has printed a beautiful ascending triangle on the daily chart. This is a bullish pattern that has just broken out. Target of $300+
XMR/USD 1M - Cup & Handle - Conservative Target 850-1000 by 2024Cup and handle looks good to go. Lower circulating supply than bitcoin until ~2040. Canada/Russia waking people up to fragility of traditional money and even dangers of public ledgers like bitcoin. Ukraine officially accepting XMR for wartime donations. 4 of the 6 weekly top gainers are privacy based. Barry Silbert (hate him or love him, DCG is huge) re-tweeting XMR related info and recommending investors to have 5% of crypto portfolio in privacy coins.
It's privacy season. You just don't know it yet.
Monero looking to breakout after holding supportMonero XMRUSD is looking quite interesting today breaking out and looking to test the recent breakout and resistance.
We are looking at a daily chart in this idea and I show current and past support and resistance.
Like most of the major cryptos XMR has been quite bearish for a while but with this crypto it is at least looking to turn around.
140 is strong support and then on March 8th we see the big breakout in that larger range candle. On a side note one of my strategies for long term success has been to watch the larger range candles and more often look to enter after smaller ranges. Typically a large candle will pullback on the next candle a good percent of the time as we saw on March 9th.
The current breakout will need to be watchful of the 200 resistance level but overall it looks pretty interesting.
This is what the beginning of a potential trend change looks like. Getting back above 254 resistance really confirms it.
XMRUSD privacy hypewave incoming
war and climatechange mostly
300% target should hit sometime this year imo
might go alot bigger than this..
XMR Monero - Cup & Handle BreakoutXMR Monero - Cup & Handle Breakout
Looks very similar to the gold chart pre breakout.
Bullish targets on breakout above 212/225
282
373
438
Ultimate bullish breakout target = +512usd
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
