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Monero (XMR) Lacks Momentum; May Touch $55 this Weekend


Monero has managed to register a marginal hike in the last 24 hours As per the current movement, XMR may cross its previous support $55 soon Monero price has been hovering around $50 and $60 for quite a time now. Though there have been a few ups and downs, nothing has been unprecedented. This...

Monero (XMR) Turns Flattish After a Day-long Volatile Spree


Monero had formed double-top yesterday; today’s price trend lacks momentum The coin is firmly trading above $46 today; yesterday’s highs still remain far The currency seems to have a support level at $46.54; XMR just tested resistance at $47.44 Technical indicators are giving mixed signals for now;...

Monero (XMR) Retraces Above $50 After a Fortnight of Bearish Play


Monero, at the time of writing, was seen retreating a 15-day high as it marked an intraday high at $51.56 after gaining a gradual momentum from March 23, 2020 The price trend of XMR coin has breached above 38.20% Fib Retracement level as the coin spiked above $45.86 However, the current trading...

Monero (XMR) Trades at $50; Holds No Signs of a Quick Rebound


At the time of penning down this analysis, Monero’s price was trading at $50.83. Important to note that the price of XMR coin has hit the support around $50 after 60 days of resistance beyond it. The current trading price of the currency is 47% lower than the 90-day high price marked at...

Monero (XMR) Accumulates Above 200-day MA; Trades at $79


Monero, at the time of penning down, was seen accumulating around the trading price of $79.11 with immediate support from 200-day MA at $75 With steady support from 200-day MA, $74 to $75 is marked as a stop loss and while the coin oscillates above $80, $81 to $84 is marked as TP (Take Profit)...

Monero Appears Midway as it Tries to Gain Momentum and Support


Monero, at the time of writing this analysis, was trading at $84, after correcting down from a fresh 90-day high marked at $97 XMR/USD holds a “death crossover” as the 200-day MA crosses above 50-day MA indicating a bearish trend ahead The consistent higher high trend takes a break as the price...

Monero Price is Racing Up with the Bullish Crypto Market


XMR is facing resistance at $75; uptrend appears intact as yet Yesterday’s bullish trendline is likely to continue; pullback has been halted Technicals are giving mixed signals as of now Monero Price Analysis: XMR coin’s price is slowly matching up with the market bulls as the coin has started...

XMR Continues to Correct Down Today; Yearly Price Chart Looks Optimistic


Today, XMR has shrugged off the price gains it had managed yesterday. Just like Bitcoin, the coin is yet to find any strong support level to strike a recovery. BTC is trading downwards and may hit the $9200 price mark, while Monero is testing supports near $74. Monero Price Analysis Yesterday,...

Monero (XMR) Marks a Fresh 90-day High with a Bullish Crossover


Monero gives bullish signals as it trades at $75.78 after marking a fresh 90-day high at $77.84 XMR/USD retains support from the daily moving averages as it forms a consistent upward channel We do not project any unpredictable volatility in the upcoming days as the 20-day Bollinger Bands move...

Monero (XMR) Hints Towards Having a Recovery Leap Soon


Monero, at the time of penning down this article, was trading at $68.50 on Kraken The coin has been notably consolidating downwards after marking a 52-week high around $120 in June 2019 The current trading price of XMR against USD is approaching 61.80% Fib Retracement Area as it shows as we project...

XMR Faces a Slight Bearish Divergence, Yet Expected to Rebound


Monero, at the time of writing, was trading at $63.75, having experienced a falling wedge breakout The current price of XMR is approaching the daily support at $56.29, i.e., 100-day Moving Average and is surrounded by daily 10-day Moving Average at $64.07 Currently, trades slightly below $38.20%...

Will Monero (XMR) Manage to Sustain Its Uptrend?


Monero price began the year on a slow note, but gradually the coin began to gain an upward momentum over time. The price chart of the past 30 days indicates a slow and steady momentum of XMR coin with the price starting from a low of $45 to end with $68. This price movement indicates … The...

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