#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.P trade ideas
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.
XMRUSDT (Daily) - Bearish breakoutHi Traders
XMRUSDT (Daily Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 140.3 support level. Only the upward break of 156.3 would cancel the bearish scenario.
Trade details
Entry: 140.3
Stop loss: 156.3
Take profit 1: 130.6
Take profit 2: 120.2
Score: 7
Strategy: Bearish breakout
#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
XMRUSDT TOP DOWN ANALYSIS.PA multi timeframe analysis on XMRUSDT waiting for 4H break of structure for potential short entries.
XMRHello dear traders and my subscribers 👥, please if you like ideas do not forget to support it with your boost 🚀
Everything is explained in the street. If you have a question, leave it to me in the comments ✌️
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 Massive Falling Wedge: Consolidation ExpectedIn my previous XMR analyses I've been talking about a huge bearish channel it which this token has been trading in. After a failed break out, things started looking bearish again.
And here we are. Almost 6 weeks further, and still going down. On a positive note, XMR has formed a falling wedge, which is classically a bullish reversal pattern.
In my view, it's likely that XMR will keep trading inside this pattern. A break out will be more likely in the next few weeks. Keep in mind that the direction of XMR's break out will be highly dependent on Bitcoin's trading direction.
XMRUSDTXMRUSDT is in strong down trend and respecting falling channel. And then bulls took the control from 146 region but bears are waiting at resistance of channel at 157 region which is also a 0.5% Fib retracement. So now will the bears continue their game?
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.
▣ 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 -
XMR LONGAlways looking to accumulate more XMR, potential set up here looking at HTF double bottom, OVERWATCH divergence and a few other factors... Below we can see the 6hr, awaiting OVERWATCH 6hr trend shift & 4hr MACD trend shift.
XMR long setupXMR as many other coins looks bullish. Good diagonal for is as setup. Waiting for initial impulse.
XMRUSD ❕ support zoneXMR is trading above liquidity in an upward channel within the support zone.
The price has successfully fixed above 50EMA (4H TF).
I believe the asset can continue to rise after fixing above the current area.
#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
