Get started

Xmrusd

XMR/USDT Possible head and shoulders formation BINGX:XMRUSDT XMR/USDT is one of the dinosaurs of the crypto world, the asset in my reading is set to build a head and shoulders formation. The operational risk of this trade is low compared to the potential, I believe that in the break-even zone, confluent with the neckline of the OCO I will consider taking my risk out of the operation. The Asset has broken out of an uptrend channel, which should lead either to a laterality or to a reversal context, if it is a reversal it is aimed at a correction in Fibonacci zones or even at the beginning of the uptrend channel. That's my perspective for the future price shift. So the targets in my reading for the asset will be; 139 / 128 / 120 / 105.5 🔴Disclaimer: The comments above reflect solely and exclusively my opinion, this is not a recommendation to buy or sell. Just a series of published studies, so that with the community we can discuss tactics and operational techniques. 🔹 Would you like to ask any questions, take that doubt? Feel free, I'll be happy to help.
Short
by leandrosander_
2
Monero Recaptures Key Retracement LevelMonero KRAKEN:XMRUSD continues to outperform the other major cryptocurrencies through this crypto bear market cycle. Last week Monero entered a bullish trend when both price and Momentum (Lagging Span/Chikou) closed above the Daily Ichimoku cloud. This is the confirmation of a new bull trend starting. Momentum has since gotten back inside the cloud but over the weekend Price held the key Level of 139. 139 was the 50% Retracement Resistance of the FTX debacle crash. Price broke the Resistance on November 30th and then came back to retest the level solidly on December 17th now as Support. Furthermore, let's look at Monero's performance relative to others. Measured by the "pre-FTX high" Monero is down -10.37%: Bitcoin remains down -22.48%: Ethereum remains down -29.89%: "Bitcoin is surveillance" As regulation begins to take the center focus of cryptocurrency more users will shift to value in privacy. I'll leave you all with a meme:
BITFINEX:XMRUSDLong
by norok
1
XMRUSD IdeaUsing the Cypher tool I show my view on the prior bull run, which I show is acting as the middle of this cypher structure With the first Initial bullrun being the first leg, and the coming bull run being the next leg of the structure (bars pattern in green) I'm not too sure if this is how the cypher tool is used but it showed my point perfectly so I used it. I don't have a target but If I did it would be way above the 2017 and 2021 highs. Safe to say im bullish on cryptocurrency.
KRAKEN:XMRUSD
by Bixley
XMR: Approaching ResistanceTrade setup : Price rebounded from Support zone ($125-130) and reached stiff resistance area near $150 and also 200-day moving average. This is a critical level. Price is likely to get rejected here, but if it’s able to break through, it could revisit $175 thereafter. Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $125-130, then $100. The nearest Resistance Zone is $150, then $175, and $200.
XLong
by altFINS
XMR/USDT 1DAY UPDATE BY CRYPTO SANDERS !Hello, welcome to this XMR/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Monero (XMR) was closing in on a one-week high on Thursday, as market volatility eased a week on from the FTX collapse. XMR/USD raced to an intraday high of $132.97 in today’s session, which comes a day after trading at a low of $127.09. Today’s move saw monero hit its highest point since last Friday, and it is now marginally below a ceiling of $133.50. Looking at the chart, earlier gains have somewhat eased, as traders became nervous the closer price moved to this ceiling. The 14-day relative strength index (RSI) also collided with a key resistance level of 43.00, and as of writing is tracking at 42.09. Should bulls intend to move prices above $133.50, this ceiling of 43.00 will need to be broken first. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
X
by CryptoSanders9563
1
Monero Outperforms BitcoinMonero/Bitcoin BITFINEX:XMRBTC made a new high for the year. Over the last year's bear market Monero has outperformed Bitcoin by almost 100%. Monero is proving itself to be a greater "store of value" during this cycle than the past champion of Bitcoin. Monero is a cryptocurrency that has been around since 2014 and is based on "privacy by default." It is my thesis that increasingly more actual transactions are being done online using Monero due to its privacy advantage and lower fees than Bitcoin.
Long
by norok
4
Monero XMR price is preparing for long-term growthMonero is an old-school bastion of anonymity in the crypto world that has survived and is in demand. Because its "friends in the shop" from the first generation of altcoins DASH and ZEC are hopelessly depreciating, although they were once much more popular and expensive than XMR Sooner or later, the cryptocurrency market will be regulated, and for holders of the XMR coin, its presence will be like a breath of fresh and anonymous air of the "truth cryptan") If we look at the global price chart of XMRUSDT on the weekly timeframe, we will see that the price has been consolidating in the form of a triangle for more than 5 years since 2017. Now the price has hit the lower boundary. Also, the price of XMRUSD has not updated the June 2022 low, while the price of BTC and many other altcoins have recently updated their 2022 lows. Summing up, we believe that keeping at least 1 XMR in your long-term investment portfolio is a matter of honor and devotion to the creators of the anonymous crypto world. Sooner or later, the time will come when you can sell your Monero for $4000+ . _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
18