XMR PriceThe Monero (XMR) coin decisively retained gains from the primary support mark of $100 and gained momentum in the past sessions.
XMRUSDT trade ideas
Monero (XMR) or Moonero?Greetings citizens of the world
Monero price today is $145 with a 24 hour trading volume of 100 million dollar. XMR price is up 0.7% in the last 24 hours and 7% since last week
Monero is the top privacy centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system and after what happened to Tornado cash more "people" use XMR.
100-110$ is the most important support level for monero so if you were long from that level take some profit because at 160 we can have a little correction but if we break 160$ then 165,170 and 179 are next targets. If you want to buy monero for long term hold, 100-120$ are good dip zone for loading some coins.
as you see XMR repeat its pattern in downtrend so there is no reason for FOMO or any crazy leverages
XMRUSDT LONG Hi ,
XMRUSDT looking good above the resistance line,
Do not buy below that resistance line,
Once it break it cam follow the arrow line
Not a buy/sell signal ,just my views,
Trade carefully.
XMRUSDT BULLISH SETUP XMR has formed an expanding channel, with a distinct breakout and subsequent pullback occurring at the upper boundary of the channel. Maintaining a steady position above the highlighted key level, we anticipate a reversal or bullish rally back towards the upside. According to our price analysis, we foresee a target in the vicinity of the $151 region or higher.
Downward Risk For MoneroThe price of XMR has recently broken out of a long-term downtrend and exited this pattern. Currently, the price is fluctuating within a specific range and is in a trading range phase. If the price breaks out of this range, it is expected to change by the width of the rectangle. Additionally, if strong bearish patterns form, the price may decrease to the area of the green line.
MONERO HALVING OPPORTUNITYDue to the halving of Bitcoin expecting strong bounce of the price to the higher areas of interrest.
Stoploss marked with red color. Good luck.
Target 1 : 188
Target 2 : 294,75
Target 3 : 430 -440
XMR inteligentassetBullish scenario
Resistances 135 in 50 ema & horizontal, 146 in 200 ema, 153 ascending trend, 171, 182
Bearish scenario
Supports 116.2, 109 pivot low, 102
XLMUSDTHi!
I believe monero (privacy coin) has huge upside potential. Binance delisted XML some time ago but as traders we are always looking to buy fear.
Price is currently trading inside this perfect range to trade. I am personaly long for a swingtrade. TP at 146 and 176 USD.
XMR/USDT preparing for resistance Breakout? 👀 🚀Monero💎 Paradisers, turn your attention to #XMRUSDT as it's currently charting a significant course in the market. Positioned in a demand zone, it is gearing up for another attempt to breach a formidable resistance level, hinting at a strong potential for a bullish movement.
💎 Delving into #MONERO market history, we observe its adherence to a descending channel pattern, culminating in a break and subsequent upward movement. Recently, after a rejection from the solid resistance level at $152.20 it is regaining momentum to challenge this threshold again. A successful breakout here could pave the way for a likely upward trend. Should this bullish momentum persist, OMXSTO:XMR is set to target the resistance levels of $188.25.
💎 However, experienced #XMR traders understand that the path in crypto markets isn't always linear. If the anticipated breakout becomes a close call and deviates from expectations, be ready to pivot towards a bullish resurgence from the demand level of $125.56. This should be part of your strategic contingency planning.
💎 Additionally, if #XMR dips below this support level, a strategic shift may be necessary. Such a development would indicate the need for a reassessment of the bullish perspective, requiring an adjustment in strategy to align with the evolving market dynamics. 🌴💰
XMR Re-Distribution, back to 100 and LowerWe have lots of SL's down here so I think we can target there. I dont think the 135's will happen again for a very long time.
XMRUSDTXMRUSDT has given the clean breakout of long term consolidation. And now the market is retesting the broken level. sellers seems to be exhausted.
if this breakout holds the next upside targets will be 140 followed by 150
Monero & Zcash - Navigating the Future of PRIVACY COINS📉Hi Traders, Investors and Speculators of Charts📈
For today's post, we're diving into the concept of "privacy coins."
In the modern digital landscape, privacy stands as a paramount concern for businesses, entrepreneurs, and personal transactions. With the soaring popularity and adoption rates of cryptocurrencies, privacy-focused coins like Monero (XMR) and Zcash (ZEC) have garnered attention from investors, developers and users due to their ability to facilitate anonymous transactions.
Unlike conventional cryptocurrencies such as Bitcoin, privacy-focused tokens like Monero and Zcash are designed to obscure blockchain transactions, thereby enhancing user privacy. This unique feature has drawn scrutiny from global governments , which raise concerns about potential misuse for illicit activities like money laundering and terrorist financing.
Recently, in response to regulatory pressures, major crypto exchanges like Binance and Huobi have discontinued support for privacy coins, citing concerns raised by authorities. Additionally, US authorities have imposed sanctions on the utilization of significant crypto mixers like Tornado Cash.
Monero and Zcash, both rooted in the privacy-focused CryptoNote protocol, prioritize transaction security and privacy. While Bitcoin offers pseudonymity, Monero and Zcash were specifically developed to enable anonymous transactions .
📈 Monero (XMR)
Launched in 2014, Monero is an open-source, decentralized cryptocurrency that incorporates robust privacy-enhancing technologies like Ring Signatures, Ring Confidential Transactions (RingCT), and Stealth Addresses. These features make it exceedingly difficult for third parties to trace transactions or identify individuals involved.
📉 Zcash (ZEC)
Zcash utilizes the zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) protocol, which enables users to validate transactions without revealing transaction details. Users can choose between a transparent layer, similar to Bitcoin, and a shielded layer that guarantees complete privacy.
In light of escalating concerns about data breaches and cybercrime, individuals and businesses are increasingly seeking data protection and privacy technologies. Privacy coins cater to this demand by offering a high level of confidentiality in digital transactions , making them particularly useful for merger and acquisition activities and for users valuing financial privacy.
Despite their benefits, privacy coins face significant regulatory challenges worldwide due to concerns about their potential use for criminal activities . Regulatory bodies like the Financial Action Task Force (FATF) are working to establish guidelines to mitigate these risks, potentially impacting the use and adoption of privacy coins.
💭Final Thoughts...
Developers and stakeholders in the crypto industry must address regulatory challenges to strike the right balance between privacy and compliance while advocating for regulations that safeguard user privacy without stifling innovation.
The future of privacy coins remains uncertain amid tightening regulations and security concerns. However, as businesses and individuals increasingly prioritize digital privacy, there is a growing demand for innovative solutions that ensure data protection while complying with regulatory requirements.
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BYBIT:XMRUSDT.P BYBIT:ZECUSDT.P
xmr long hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
#XMRUSDT#XMRUSDT 4H
After the announcement of delisting from Binance on February 6, Monero faced a 40% drop and the price reached Fibonacci 0.5 again. If it can overcome the Fibo level of 618, we can hope for the return of the price of this currency. February 20 will be completely removed from the Binance list, which is likely to drop again.
The price is now drawn between two support and resistance boxes, which must pass one of these areas to enter the next channel.
XMR LIMIT ORDERBYBIT:XMRUSDT.P
Goodmorning everyone, this morning I've been looking at the charts and to me XMRUSDT has made its bottom so that brings me to add a limit order on the last swing down to try catch the actual re-test. This is all depending on BTC at the moment as its just striking through the air and this could pop before it comes down although it's not too far off, I am confident we can grab this one for DAY TRADE 026.
LIMIT - 109.94
SL - 99.88
TP - 160.19
Thanks guys.
XMR short it againAfter the delisting news XMR went all the way to 100 only to bounce back after clarification from the XMR team. We see a strong downward from hereon.
First target: Blue line
Second Target: lower green line
Third Target: Bottom pit.
XMR - The STRANGEST (and EASIEST!) Chart 🤔📉Hi Traders, Investors and Speculators of Charts📈
If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1.
Monero / XMR is an altcoin that still has massive upside potential for the coming bull season. But when analyzing Monero, I came across something rather interesting or strange; unique to the XMR chart - the candles follow a perfect quadruplet set of diagonal support lines!
Usually, and you may be more familiar with this, you will see horizontal support zones, for example:
But on the XMR chart, the trendlines of both support and resistance are diagonal, rather than predominantly horizontal like most other charts. After finally identifying this interesting trend, we can now readily set buy/sell zones. For example:
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CRYPTOCAP:XMR BYBIT:XMRUSDT.P BINANCE:XMRUSDT KRAKEN:XMRUSD
MONERO (XMR) showing a MASSIVE bullish divergence on the 1hr.MONERO is showing one of the largest bullish divergence gaps I've seen in a long, long time, after dropping about 40% in a day. This was obviously a coordinated attack to manipulate the price of XMR, as it is hated by the power's that be, because it can not be tracked, traced or controlled by their corrupt ring of criminal governments. Their pathetic attempt is now backfiring, as all they did was give XMR investor's the opportunity of a lifetime to buy even more XMR at the best discounted price they've probably seen in years.
If you trade this, trade with caution, as they could do it again.
Good luck and always use a stop loss.
XMRUSDT.PAfter a significant downward movement, when the price reaches the 4-hour Order Block (OB) and reacts to that level, possibly sweeping liquidity with that shadow, it presents a great opportunity for a buy.
XMR inteligentassetNow at 147 support by lower limit of the channel
bullish scenario
Resistances 161 in 50 ema, 170 horizontal, 180 pivot high, 206 upper limit channel
bearish scenario
Supports 137.7, 131.9 pivot low, 117.8
