Get started

Monero

XMR Price Is All Set To Break Above $500XMR Price traded at $326 with a gain of 5% in the last 24-hour and 16% up in the weekly time-frame. Furthermore, XMR bounced back from the support of $288. In contrast, the market capitalization stands at $5.79 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above all the EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the TP- 1 of $500 in future trading sessions. TP- 1: $500 Support: $288
BITFINEX:XMRUSDLong
by tcr_thecoinrepublic
Monero: Movin' Lower?To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com What Is Monero (XMRUSD)? Monero (XMR) was among the first cryptoassets to feature cryptography that offered real advances in privacy and fungibility over available alternatives. Its key differentiator was its ability to allow users to send and receive transactions without making this data available to anyone examining its blockchain. As such, Monero is often classed with other privacy cryptocurrencies such as Zcash that have sought to address privacy weaknesses in Bitcoin. This, in turn, enables bitcoins to be traced, making them less fungible, as companies are able to identify and blacklist coins involved in suspected criminal enterprise, as an example. Monero’s origins are more comparable to Bitcoin’s, involving a small online tech community that grew quietly over time as the project gained credibility and market share. Monero’s software is programmed to update every six months, a regular schedule that has helped it more aggressively add new features without much controversy. This has meant that Monero has been able to continue to introduce cryptographic advances like stealth addresses (which allow users to create one-time addresses) and ring confidential transactions (which hide transaction amounts). XMR Statistics: Market Capitalization: $5.8B CryptoAsset Rank: #25 24-Hour Return: +2.5% 7-Day Return: +20% From All-Time High: -34% Technical Setup: When looking at the XMR 1D chart, we'll see that XMR is clearly in a broadening ascending wedge. As a matter of fact, XMR just tested the wedge's resistance for the 5th time in the past 6 months or so. With XMR having failed to punch through the wedge's resistance, one could expect history to repeat and XMR trend back down to its 50D SMA (currently $237) in the forthcoming days/weeks. Note that every time XMR tests the wedge's resistance, XMR mean reverts back down to or through its 50D SMA. This mean reversion lower would be congruent with XMR's valuation relative to BTC trending lower after failing to punch through 0.00575 BTC resistance for a second time in a row. Double top, anyone?
KRAKEN:XMRUSD
by phum126
Monero (XMRUSD) – Coin of the WeekMonero was introduced in 2014 with a single goal: to enable transactions to be conducted privately and anonymously. Even though it's a common misconception that BTC may hide a person's identity, since blockchains are transparent, it's always simple to track transfers back to their original source. XMR, on the other hand, is designed to hide both senders and receivers using sophisticated cryptography. Technically, XMR broke the resistance area at $288 USD and is making new highs with a diverging RSI, sign that tells us that a bigger correction is imminent. For this pair we have 2 working scenarios: one is a consolidation in this area marked with the blue arrow on the chart and the second one a bigger down move that could reach the minor support, the blue trendline or the major support. We advise caution. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BITFINEX:XMRUSDShort
by financialflagship
17
Monero, some thoughtsJust an idea, my personal opinion Are we approaching a new steeper Uptrend Channel on XMR? ;) If so, follow the arrows! LENDING: Celsius Network - Download the App to earn Interest in Crypto, located in USA: celsiusnetwork.app.link Bitrue - Leading in Crypto Lending, located in Singapore: www.bitrue.com FREE BASIC INCOME: A Basic Income Coin + Wallet accessable for everyone via Webbrowser, made by eToro CEO: wallet.gooddollar.org CRYPTO EXCHANGES: Bitfinex, one of the biggest Exchanges in Asia, Lending, Spot Trading, Margin Trading and Futures: www.bitfinex.com Come to Bittrex - lots of Coins to earn there, located in Liechtenstein: bittrex.com 3x Long Token is tradable on Poloniex, located in USA-Delaware: you get 10% of my trading fees and I 20% of yours poloniex.com ***ALL MENTIONED IDEAS ARE MY OWN OPINION AND ARE NOT A TRADIGN ADVICE*** ***PLEASE FOLLOW AND LIKE IF YOU LIKED THIS IDEA!!****
KRAKEN:XMRUSDLong
by coinwide
2
💡Don't miss the great buy opportunity in XMRBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (404000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XMRBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 64. Take Profits: TP1= @ 497000 TP2= @ 540000 TP3= @ 580000 TP4= @ 630000 TP5= @ 715000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
7
💡Don't miss the great buy opportunity in XMRBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (404000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XMRBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 64. Take Profits: TP1= @ 497000 TP2= @ 540000 TP3= @ 580000 TP4= @ 630000 TP5= @ 715000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
19
Monero (XMR) Project OverviewWhat Is Monero (XMR)? Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography. The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are. Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship. Monero (XMRBTC) Chart Analysis Let's have a look at this chart on the daily timeframe for Monero (XMRBTC). First, notice the left side of the chart... We can see a strong bearish wave until early January 2021 at which point a potential low is hit. We see a very strong bounce take place and finally end up in February, one month later, with a higher low. We have prices consolidating and printing higher lows. Now we are moving above EMA10 and the indicators are turning bullish... ---- Namaste. This is not financial advice.
X
by AlanSantana
14