XMR surpassed round level -$200 but failed to maintain above itMonero coin retests the psychological round level of $200 once again, but bulls failed to manage the rise above that level.
The XMR coin is trading above the significant moving averages (such as 20,50, and 100 MAS) but remains below the 200-MA line.
The upper boundary of the Bollinger Bands indicator appears to be a bullish barrier in the context of the daily price chart, and the halfway line (20-day moving average) is acting as a support for now
The EMA Ribbon indicator is resisting the 200-EMA line after maintaining price above the green on XMR daily price chart. Thus, the RSI is moving up and shows an inline trendline (blue) on the daily price chart. Furthermore, the Average Directional Index is at 36-points, which suggests a strong bullish trend for the Monero coin.
Monero investors need to push the price of the crypto above the psychological round level of $200 which has been a long-term resistance zone for a long time. Above $200, buyers can look at $230 as the next bullish hurdle.
Support level - $165 and $140
Resistance level - $200 and $230
XMRUSDT trade ideas
XMR Is going to PUMP!! 60 MinHand me my Lightsaber!
Entry- 185.25- 187.42
Take Profit 1 -188.64
Take Profit 2- 189.63
Take Profit 3 - 190.97
Take Profit 4- 193.23
Take profit 5 - 194.41
Take profit 6- 198.00
Take Profit 7- 200.00
Take Profit 8- 205.61
Stop Loss 180.00
Check out my other trades. As i go through my analysis and thought process inside the trade and i update the trades regularly for those trading along instead of just posting an idea.
🔥 XMR Falling Wedge: Bullish Break Out Near?Since topping out in April last year, XMR has seen a strong down trend. During this period, XMR has formed a falling wedge pattern. Classically, falling wedges are bullish reversal patterns.
With the crypto, and especially the stock markets, seeing nice gains lately, the probability for XMR breaking out bullish increases by the day.
However, the break out is not there yet. Wait for a big green daily candle to confirm the break out before entering a bullish position. Consequently, in case we fall back, buying in from the bottom support of the pattern might be a good longer-term swing trade entry.
Happy trading!
#XMR is preparing for the BIG MOVE.OKEX:XMRUSDTPERP
#XMR stays above 4H EMA20 with volatility warning signal (yellow shadow).
worthy of attention.
XMRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price was supported at the support zone two times and has also been rejected from the resistance line several times. Now the price is moving below the resistance line. If it is rejected, it will fall down to the support zone. But if the resistance line is broken, You can buy it after a pullback for the next resistances.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
XRMUSDT 24HR WK #11 (ALT SECRET)XMR will continue to outperform the majority of altcoins.
#1 most altcoins are still +20% from 12/15/21
#2 XMR is still above the 50ema (thick purple)
To find out if your altcoin is worth a ish use this
total3 mkcap (minus btc and eth)
Is your alt trading lower than the total3?
Is your alt 50ema above, below, or indifferent to the total3 50ema
Is your alt moving with speed and conviction
its been a long time xmryou will be mine again
fluffy pony, make it so.
edit- it said its a brief description? lol. everything is gonna moon so hard.
XMR BUY SETUP XMR breakout Symettrical triangle . wait for retest on $174-$175 and we can setup entry
Privacy coin new trend now!
Growth buyer volume. make a new momentum after pump
Expecting upward movement from here back to try resistance trendline🚀
Stoploss : $168
XMR (Monero) Swing Long Set Up $XMR looks like it's about to make a move to the upside as the price breaks above the resistance of the downward wedge formation and retraced back to the 0.5 fib level.
Entries @ 0.618 and 0.5 levels
Exits from $231 - $519
#XMR/USD Sell Trade Scenario.#XMR/USD Makes a Strong Buy Trade Setup. Soon Price Going to Up and Hit Our Target.
XMR !! Will FLYunder vision if the correction ends and the penetration is heading towards the goals
It is not financial advice, you are the decision maker
XMR/Breakout/Pullback/Buy Long~ Already put captions into the chart for you to easily understand the idea
~ The patterns of this coin looks bullish
Scam Wick - XMR-USDTwtf is this lol wtf is this lol wtf is this lol wtf is this lol wtf is this lol wtf is this lol
short position for Monero. Target: 143Manero made a new red brick below the cloud and respected the EMA 20. The first target area is 143.
XMRUSDT Monero Technical Analysis (MAJOR SUPPORT & RESISTANCE)-Price reacting off of Major resistance.
-With price currently at resistance and reacting
off of the previous pivot point area where
price made a new lower-low/ lower high,
it's a good area for shorts.
-If price breaks above resistance and removes
pivot point LL/LH area then looking for buys
on the pullback into support
