Get started

XMRUSDT

#Monero Bulls Fail To Break $165, Sellers in ControlPast Performance of Monero Monero bulls are struggling at spot rates. Even with the broader market expanding, XMR remains pinned in a bear formation. Presently, resistance is at HKEX:165 , and the coin remains in a bearish shape defined by the bears of early February to mid-March 2023. As it is, support lies at the middle BB, that is, the 20-day moving average, and around $158. #Monero Technical Analysis The path of least resistance from a top-down preview is southwards. Notably, sellers throughout February to mid-March capped the upside. Resistance is at HKEX:165 , while support is $158. The middle BB also serves as a vital reaction line. However, the March 27 bear bar defines the current formation. Although prices floated higher, they couldn’t break HKEX:165 and reverse the losses of March 27. Therefore, conservative traders can watch how prices react at $150. Losses below this level may see XMR drop to HKEX:130 since sellers are in control from an effort versus result perspective. What to Expect from #XMR? Unless there is a sharp, high volume break above HKEX:165 , reversing March 27 losses, sellers will be in control. They will be aligning with sellers in February 2023. Currently, immediate support lines are at HKEX:158 and HKEX:150 , respectively. Resistance level to watch out for: HKEX:165 Support levels to watch out for: HKEX:158 , HKEX:150 Disclaimer: Opinions expressed are not investment advice. Do your research.
XShort
by Bitcoin_Analyzer
#Monero Adds 20% In March But Fails To Break $165Past Performance of Monero Monero prices are firm, adding roughly 20% from March 2023 lows. At spot rates, prices are lower but tracking higher even though it is defined by the bear bar of March 27. On the upside, XMR has resistance at $165 while support lies at $150, marking the bearish engulfing bar's low. #Monero Technical Analysis From an effort versus result perspective, the wide-ranging bearish engulfing bar of March 27 might be important. For the uptrend to resume, there must be a close above $165, confirming buyers for the better part of March. Notice that the anchor bar has relatively high trading volumes and is wide-ranging. It is still defining the current price action. Worse, for buyers, recent volumes have been shrinking. As it is, as prices move inside a wedge, triggers will lie at $165 and $150, respectively. Gains above March highs might see the coin soar to January highs of $185 in a buy trend continuation formation. What to Expect from #XMR? XMR traders expect a recovery. However, their calls are being slowed by prices which are moving sideways inside a bear bar. Monero bulls could be rejuvenated once there are strong gains above the current wedge inside an engulfing candlestick. Resistance level to watch out for: $165 Support level to watch out for: $150 Disclaimer: Opinions expressed are not investment advice. Do your research.
X
by Bitcoin_Analyzer
xmrusd 16h bullish xabcd 75% gains buy/hold🔸Speculative bullish xabcd setup in Monero on 16 hour price chart. Advanced pattern setup, since point C and D still require confirmation. Do not execute the trade at market now, expecting pullback in April and then be ready to reload near point D below market price. 🔸The xabcd pattern is defined by point X at 126 usd, point A at 181 usd, point b at 139 usd, point C at 173 usd and finally point D at 112 usd. This is an advanced pattern setup, so naturally higher risk involved in trading it, so always do your own due dill and confirm with other indicators / price action techniques. 🔸The recommended strategy for Monero bulls: Seek to buy low near point d after the pullback is complete. best entry price near 114/116 usd and target is +75% gains. this is a buy/hold swing trade setup so please do not expect miracle overnight gains. good luck! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
KRAKEN:XMRUSDLong
by ProjectSyndicate
24
#Monero Crashes After Spinning Tops Formation, Resistance At $16Past Performance of Monero Monero is under pressure, dropping five percent in the last trading day. From the daily chart, XMR is reacting strongly from last week’s highs at around $165. After a spinning tops formation, the coin retraced yesterday, printing a bearish engulfing pattern, signaling weakness. Based on this, there could be a confirmation today, heaping more pressure on the coin. #Monero Technical Analysis After a spinning tops formation, XMR is down at spot rates. It looks likely for bears to flow back, pushing the coin deeper in red. Therefore, since yesterday’s bar was bearish and engulfing, traders might look for entries on every attempt higher towards $165. The immediate target would be $145 and later March lows at $130 if bears press on. On a more optimistic outlook, the trend will resume should prices break above $165, reversing recent losses with expanding participation levels. In that case, XMR may float to January highs at around $180. Past Performance of #XMR Asset prices are under pressure across the board, and XMR is no exception. From the daily chart, buyers will flow back if there is a breakout above the spinning tops of the end of last week with rising volumes. If not, bears of yesterday may force the coin lower this week. Resistance level to watch out for: $165 Support level to watch out for: $145 Disclaimer: Opinions expressed are not investment advice. Do your research.
X
by Bitcoin_Analyzer
XMR/USDT$XMR Green triangle just broke out above, if you look at the blue lines, it is a descening channel which is a bullish reversal pattern, first target is around the resistance of the channel, I have a feeling that its going to continue to pump and flip the descending channel very easily! Overall I am bullish on monero because as concerns about privacy grow, this privacy-focused coin is becoming more important than ever. With solid technology, transactions that can't be tracked, and a dedicated dev team, #Monero is ready to reach new all time highs Get ready to reach the $5k mark!
XLong
by UnknownUnicorn22804749
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) has been one of today’s biggest gainers, with prices climbing to a four-week high. Following a low of $152.16 on Thursday, XMR/USD raced to a peak of $163.10 earlier in the day. As a result of the move, XMR climbed to its strongest point since February 20, when the token reached a peak of $168.70. Looking at the chart, the move came as monero rose beyond a key resistance level at the $155.00 mark. Earlier momentum has somewhat eased, which comes as the 14-day relative strength index (RSI) collided with a ceiling at 58.00 At the time of writing, the index is tracking at 58.84, with XMR marginally lower than its earlier high. It is now trading at $160.65. 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
XMR/USDT - Monero: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $XMR / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 160.5 | 167.8 | 184.2, and the major support zones can be found at 144.1 | 135 | 118.6. Consider entering a trade at the current price zone of 160.1 and targeting higher levels. ◰◲ General info : ▣ Name: Monero ▣ Rank: 25 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex ▣ Category/Sector: Payments - Currencies ▣ Overview: Aimed at privacy-preservation and fungibility, Monero is a Bytecoin code fork providing anonymous value transfer through ring signatures, stealth addresses, confidential transactions, and bulletproofs. Monero offers anonymity by default in contrast to the optional privacy preserving functionalities of its peers. In pursuit of decentralization Monero continually changes its proof-of-work algorithm in order to prevent ASICs from dominating and centralizing the mining process. ◰◲ Technical Metrics : ▣ Mrkt Price: 160.1 ₮ ▣ 24HVol: 21,226,745.269 ₮ ▣ 24H Chng: 4.777% ▣ 7-Days Chng: 3.18% ▣ 1-Month Chng: 0.75% ▣ 3-Months Chng: 10.72% ◲◰ Pivot Points - Levels : ◥ Resistance: 160.5 | 167.8 | 184.2 ◢ Support: 144.1 | 135 | 118.6 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.70 ▣ Last 90D: 0.75 ▣ Last 1-Y: 0.12 ▣ Last 3-Y: 0.83 ◲◰ Volatility : ▣ Last 30D: 0.53 ▣ Last 90D: 0.51 ▣ Last 1-Y: 0.78 ▣ Last 3-Y: 0.95 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.55 - Bullish ▣ Reddit sentiment score is 0.63 - Bullish ▣ In-depth XMRUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
X
by Crypto2AF
XMR: Channel Down Breakout!Monero (XMR) technical analysis: Trade setup : Bullish breakout from Channel Down pattern as well as above 200-day moving average and $150 resistance could be a sign of trend reversal with upside potential to $160 or higher. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $140, then $120. The nearest Resistance Zone is $150, then $160, and $190.
XLong
by altFINS