$XMR is back on track againSince the drawdown by major exchanges, OMXSTO:XMR has seen big losses
But now on the last weeks, it has regained previous price area!
One more evidence of an algorithmic price behavior in crypto markets
If you want to know more about how you can leverage your game with algorithmic price behaviors, just check my signature link
XMRUSDT trade ideas
XMR short setup ALL trading ideas have entry point + stop loss + take profit + Risk level.
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.
Disclaimer
XMRUSDT.PHello Trader BINANCE:XMRUSDT.P
There is a pattern, Eve has shown valid evidence of a breakout at the yellow nickline and has penetrated the resistance area, but please mark the red trend line to take profit. The first area could be a decline area first, you can scalp this area.
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Disclamer: Not Financial Advice
XMRUSDT: Bullish Butterfly Update: Bullish Breakout Seems LikelyXMR, despite the spot pairing having been delisted on Binance a few months ago, has survived and held above the PCZ that was of very much importance to the historic price action. During the delisting XMR had sold off back down to the PCZ in record volumes on the exchange, however, in spite of record selling the support still held, since then, the price has stagnated at this level potentially hinting towards accumulation. If the Support had Broken XMR likely would have crashed all the way back down to 20 but for the time being the coin has proven resilient at this price level and it would seem that we will soon be marking up to significantly higher prices as the diagonal Bearish Trend seems to be coming to a close.
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 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.
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.
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.