#Monero Upsides Limited By The 20-day MA and $155Past Performance of Monero
Like Bitcoin, the selloff in Monero was steep. However, the coin is higher at spot rates but capped below the dynamic resistance line, the middle BB. From the XMR candlestick arrangement, the primary support is at $130, which is the 78.6% Fibonacci retracement level.
#Monero Technical Analysis
The path of least resistance, at least in the short term, is bearish. Even so, with XMR up roughly 6% over the weekend, the trend could quickly shift. Notice that prices are rebounding from a critical support level. If there is confirmation today and prices edge higher, building on March 12 gains, XMR may spring towards $155 and later $170. This preview is only valid as long as there are rising trading volumes accompanying the leg up. Meanwhile, any drop below $130 at the back of relatively high trading volumes will invalidate the bullish preview, setting the base for a selloff towards $120.
What to Expect From #XMR?
Technically, Monero is bullish. But, how prices react in the short term depends on whether XMR stays above $130. If there is a breakout above $155 and the middle BB, there might be a reprieve, forcing the coin toward Q1 2023 highs.
Resistance level to watch out for: $155
Support level to watch out for: $130
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMRUSDT
Xmr analysis forming descending channel in h2 timeframe incase of breakout expecting 20 to 25% bullish move
wait for confirmed breakout for entry
Monero Idea | XMRUSDTMonero vs Tether - XMRUSD * XMRUSDT BINANCE:XMRUSDT KRAKEN:XMRUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
MONERO Idea | XMRUSD & XMRUSDTLong-Term Analysis and Signal for MONERO vs Tether | XMRUSD & XMRUSDT BINANCE:XMRUSDT BINANCE:XMRUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
XMRUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Nothing has changed from my last idea, everything according plan
Earlier we got first target, my stop already in breakeven(140)
Next targets: 210 and 230
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
#Monero Drops from Key Reaction Line, XMR May Retest $140Past Performance of Monero
Monero might be up roughly four percent from last week's lows but has found resistance at the middle BB. The bear bar of March 7 reversed losses posted on Monday, slowing down bulls. Even so, the primary trend, reading from the performance from the end of January, is bearish. XMR has support at around $140.
#Monero Technical Analysis
Monero prices might be higher at spot rates, but the pump has relatively low trading volumes. Besides, the failure of buyers to push prices above the middle BB swings price action to the bearish territory. For over a month, XMR has failed to close above the middle BB, the immediate resistance, meaning sellers are in control. Even so, traders can wait to see how today's close will be. If XMR is lower, it may drop to primary support at around $140. Then, the odds of even more losses will be amplified, allowing traders to ramp up, targeting $125 and $115, respectively.
What to Expect from #XMR?
Traders are upbeat, but Monero bulls appear weak. Any surge above $155 might trigger demand, lifting the coin towards January highs in a buy trend continuation. As it is, traders can wait for a more precise definition with a move above or below the immediate reaction levels shaping upcoming price action.
Resistance level to watch out for: $155
Support level to watch out for: $140
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMRUSDTXMR at 8H is moving very interestingly and if it breaks 153.8 it will only stop at MM200 at 162.4
On the 1H chart:
RSI: Exhaustion of Buying Forces
Brackets: 149.9 / 148.8
Resistances: 151.8 / 153.3
Moving averages: bullish
XMR IS VERY BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the XMR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XMR Monero Showing Signs Of New UptrendThe 45m chart is passing the 200ma. It's working on getting above, if it can find support above this is bullish for immediate price action.
The 4h chart has a good squeeze indicator and Directional Index is trending positive.
Monero has a good deal of % gain possible before running into previous highs that might be resistance.
This is a High Risk Long, but if XMR starts a run, the daily chart shows great historic upside potential.
$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 165.2 | 179.1 | 203.1, and the major support zones can be found at 141.2 | 131.1 | 107.1. Consider entering a trade at the current price zone of 151 and targeting higher levels.
◰◲ General info :
▣ Name: Monero
▣ Rank: 28
▣ Category/Sector: Payments - Currencies
▣ Overview: Background details for N/A project are currently unavailable.
◰◲ Technical Metrics :
▣ Mrkt Price: 151 ₮
▣ 24HVol: 8,009,270.088 ₮
▣ 24H Chng: 1.274%
▣ 7-Days Chng: -7.10%
▣ 1-Month Chng: -18.44%
▣ 3-Months Chng: 9.44%
◲◰ Pivot Points - Levels :
◥ Resistance: 165.2 | 179.1 | 203.1
◢ Support: 141.2 | 131.1 | 107.1
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -2.79
▣ Last 90D: 1.04
▣ Last 1-Y: 0.39
▣ Last 3-Y: 0.62
◲◰ Volatility :
▣ Last 30D: 0.56
▣ Last 90D: 0.45
▣ Last 1-Y: 0.85
▣ Last 3-Y: 0.99
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.63 - Bullish
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.21 - Very Bearish
▣ 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.
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Monero in a Bullish ChannelSimilar to KUCOIN:MATICUSDT , a bullish channel has formed for KUCOIN:XMRUSDT .
A touch of the lower trendline could see a bounce back up to the upper trend line.
Price action in KUCOIN:XMRUSDT is more conservative than other alt-coins
#Monero Sellers in Charge as Upsides Capped at $170Past Performance of Monero
The uptrend might be clear, but Monero bulls are struggling. Prices are higher in the short term, but the trend is bearish relative to January highs. In the short term, XMR is within the February 9 bear candlestick, which is bearish from an effort versus result perspective. Presently, the resistance is at around $170.
#Monero Technical Analysis
Monero prices are bullish from a top-down preview. Even so, the failure of bulls to clear $170 and rewind losses of February 9 is a concern. For over 11 days, XMR has been moving inside the bear bar, placing sellers in control. Besides the low volumes, the past few bars have been with long upper wicks suggesting rejection of higher prices. Therefore, considering this formation, traders can wait for a clear trend above $170 or below February lows at $150 before committing. The breakout should also be with rising volumes to indicate participation. Gains above $170 may lift XMR towards $185.
What to Expect from #XMR?
Buyers are upbeat, but the short-term trend swings to favor sellers. Resistance is at $170, and the middle BB. On the lower end, support lies at $150. If lost, XMR may dump towards $140 or worse.
Resistance level to watch out for: $170
Support level to watch out for: $140
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMRUSDT 6HXRMUSDT 6H
After breaking the bearish channel, XMR has started a bullish channel, where at this point it should go to the upper edge at 171.9 and pull back to 162.2.
Here are the supports and resistances on the 6H:
Main support levels: 162.2 / 154.3
Main Resistance Levels: 171.9 / 179.4
MACD: neutral
RSI: Exhaustion of Buyer Forces
EMAs: Optimists
Selling pressure initially broke the floorXMR has seen a sharp decline in price over the past few weeks. Selling pressure initially broke the floor of the short-term ascending channel, and the price fell to the support range of $150-157.
With the accurate reaction to this support range and the increase in demand that was created last day, we see a return to the minor resistance level in the range of $167-169. There is potential for Monero to continue to range during this week and next week.
The trend is still in the range in the daily timeframe, and in the 4-hour timeframe, that is, for the medium term, the trend is downward, and until we have a return above the $170 resistance, this trend will not be upward.
With the upward trend, we can expect the price growth to continue up to the resistance of the $190 and $200 range. In the bearish scenario, if we have selling pressure, the second valid support level is considered in the range of $133-141, from which we can also expect a positive reaction.
XMRUSDTXMR is heavy, inside a bearish channel and needs to break 158.3 to get out of it. In its favor, it has the MM200 that serves as a magnet, RSI with exhaustion of selling forces as well.
There was an update on the network and many users were afraid that XMR would lose privacy. This may have shaken the Coin.
Here are the supports and resistances in the 4H:
Main support levels: 151.5 / 142.9
Main Resistance Levels: 158.0 / 164.8
MM200: 170.8
RSI: Exhaustion Selling Forces
#Monero Slips 20% From January highs, XMR Bears Target $140Past Performance of Monero
After encouraging gains from November 2022, Monero is retracing, finding resistance at around the $170 to $190 zone. It is currently down roughly 20 percent from recent highs. As it is, every high is an unloading opportunity for aggressive traders expecting deeper corrections. Because the drawdown is with rising volume, indicating participation, traders can ride the bear trend with targets at immediate support levels.
#Monero Technical Analysis
From a top-down preview, buyers have a chance to resume the uptrend. However, the failure of bulls to press higher and overcome resistance at $190 hinted at weakness. The follow-through of the bear candlestick of January 30 swung price action to favor sellers. With prices below the middle BB and yesterday's bar being wide-ranging and bearish, XMR may post more losses. As it is, XMR could drop to as low as $140, the 61.8 percent Fibonacci retracement level of the December to February trade range.
What to Expect from #XMR?
Bears are in the driving seat unless there is a bullish bar signaling bulls. Yesterday's bar was bearish and aligned with the lower BB indicating strong bearish pressure. Traders may look to sell, targeting $140 or lower in the days ahead.
Resistance level to watch out for: $170
Support level to watch out for: $140
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMRUSDT - Crucial pointXMRUSDT - Crucial point
At this very moment XMR is facing the resistance of the median of the Keltner Channel and needs to break through 168.6 , to disfigure the bullish channel that coincides exactly with the median of the Keltner Channel.
With moving averages pointing upwards and a buyer's RSI, I believe that if nothing external influences it will break even today.
On January 31st, getmonero.org underwent maintenance and was offline for a few hours, and this generated a kind of collective panic. But hours later it was back to normal and she recovers easily. Good currency to trade, no big dumps.
Here are the supports and resistances in the 4H:
Key support levels: 163.3 / 159.5 / 155.8
Main Resistance Levels: 168.5 / 171.5 / 182.4
XMRUSDT 4HXMRUSDT
XMR remains within this descending pattern, which is a downtrend characterized by lower lows and lower highs, but if it does not miss the bottom of 163.8 we could see an accumulative triangle formation being formed, with high possibilities of an upside breakout.
No US macroeconomic data to be released this week, it should be a quiet trading week for BTC, putting a brake on dominance and the alts could make a good rally.
Important: You cannot miss the bottom of 163.6
Here are the supports and resistances in the 4H:
Main support levels: 163.6 / 159.5 / 156.4
Main Resistance Levels: 167.4 / 171.5 / 178.9
🟢 XMR USDT - 4H (04/02/2023)🟢 XMRUSDT
TF: 4H
Side: Long
TP 1: $174.22
TP 2: $176.67
TP 3: $178.65
Absolute beauty! Gorgeous looking bull flag on the 4H time frame. When this pops its gonna be awesome.
Not using SL as usual on this swing trade so I can DCA and get the best possible entry for my position.
RSI and MACD look ready. LTFs just need to sync up a bit.
XMRUSDT...freshly baked sh*t ideaBINANCE:XMRUSDT
freshly baked sh*t idea just for the loyal customers of the shop!
look at the chart? what do you see?
do u see a previous uptrend of MONERO? YES
do u see retracement? YES
do u see consolidation? yes i do (stop asking u stupid FUK)
do u see a strong SUPPORT?????????? YESSSSSS
do u see dead people? WTF! yes i do!
look again at the chart and set your targets...i know i did!
#stop_being_poor
DISCLAIMER: this advice will make u poor as FUK