XMR/BTC seems to be in a textbook wyckoff accumulation that is close to breaking out. Monero has been flying under the radar during the past weeks while other cryptos have been rallying like crazy. The fundamentals of this coin are very solid. And now I think we will be seeing a nice rise. Only BTC . XMR usd pair has done really well, but the BTC pair now looks in trouble. Weekly bullish engulfing candle with rejection of the RSI trendline. A fall under support of will send to followed by Hi, there! Monfex is at your service and today we overview XMR/BTC. XMR near the resistance zone and MA also there. And this bullish movement in the last week has been support with a bullish .
Tradingview btc xmrXMRBTC Charts and Quotes — TradingView — India
About time. On a daily time frame Monero xmr looks strong with Bitcoin playing good so far and expected to be the same for next week. Please buy only when it breaks upwards as that is a confirmation. The RSI is at There is a possibility of temporary retracement to suggested support zone 0.
While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue. There is a possibility of The price is in a downtrend and we forecast the uptrend would begin. There is a possibility of temporary retracement to suggested support zone Long XMR with a short term taget of 0. Retracement level. Videos only. On the small time period 1 hour chart , the price action of Monero XMR is completing final leg of Gartley and soon it will be entered in potential reversal zone.
This time it broke the MA last. Previous XMR signal Hello, friends! Just wanna remaind You my previous chart! For me looks like that! Just look, that the price breakout green zone for the first time since Back test of almost day resistance.
Confirming now as support. Follow the fibs on the way up. The pump before the pump is done. Next one will pierce the stratosphere. Free parking on the moon. Monero citidel bound. Worse circumstances for individual sovereignty than before bitcoin. You will now be Monero is one of the few old-school crypto coins that has not yet made a solid correction in almost a year of growth.
For completeness of the picture, the history of the coin price movement for the last 3 years was schematically added. In fact, XMR attracts users through its anonymity. Especially, users from the Asian region, because according to Coinmarketcap, Personally, I don't love the reward to risk in these trades, so I'm not in but if you're invested you can get a decent idea of what to expect going forward.
Cheers, Ivan Labrie. Monero network tansactions have continued to increase since the November. Fundamentals show active and continued incremental XMR network upgrades over the past two years, including decreased transaction costs, improved transaction efficiency, blockchain pruning,