Monero (XMR) Price Is Soaring Towards $281 Price Level

Updated:

Monero (XMR) Price Analysis: January 02

In case the bears oppose the bullish movement at $249, price may reverse and face the support level of $220, which may decrease the price to low of $179 and $161. When the bulls break up the resistance level of $249, there may be an increase towards the resistance level of $281 and $300.

Key Levels:

Resistance Levels: $249, $281, $300

Support Levels: $220, $179, $161

XMRUSD Long-term Trend: Bullish

Monero is bullish on the daily chart. The crypto commences a bullish trend on December 20 at $179 support level. More pressure was exerted by the bulls and the former resistance level of $220 has turned to support level. The bullish momentum increases to test the resistance level of $249. Today, bears dominate the market and the price is pulling back.

Monero Daily chart, January 02

Monero price is trading above the 9 periods EMA and 21 periods EMA as a sign of bullish momentum.   In case the bears oppose the bullish movement at $249, price may reverse and face the support level of $220, which may decrease the price to low of $179 and $161. When the bulls break up the resistance level of $249, there may be an increase towards the resistance level of $281 and $300. However, the relative strength index period 14 is at 60 levels with the signal line displaying bearish direction which may be a pullback.

XMRUSD Price Medium-term Trend: Bullish

Monero is on the bullish movement on 4-Hour chart. The bulls gained more pressure and pushes the price towards the resistance level of $249 after broken up the former resistance level of $220. The resistance level of $249 was tested last week. The bullish momentum became weak and the price was pulling back before market closed last week.

Monero 4-hour chart, January 02

The price is trading below the 9-day EMA but above the 21-day EMA which indicate a pullback at $249 level. The relative strength index is below 60 levels pointing down to indicate sell signal which may be a pullback.

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Monero (XMR) Price: $180 Support Level Holds, Bullish Reversal May Commence  

Updated:

Monero (XMR) Price Analysis: December 26

When the bulls break up the resistance level of $213, there may be an increase towards the resistance level of $244 and $281. In case the bears increase their momentum, the support level of $180 may be penetrated downside, which may decrease the price to low of $161 and $136

Key Levels:

Resistance Levels: $213, $244, $281

Support Levels: $180, $161, $136

XMRUSD Long-term Trend: Bullish

Monero Daily chart, December 26

Monero is bullish on the daily chart. The crypto was bearish last week and the bears’ pressure increased and the price was decreasing. The support level of $180 was tested but the bears’ momentum failed and the price reverses. The price is increasing at the moment trying to break up the resistance level of $213. Further price increase envisaged.

Monero price is trading above the 9 periods EMA and 21 periods EMA as a sign of bullish momentum.   When the bulls break up the resistance level of $213, there may be an increase towards the resistance level of $244 and $281. In case the bears increase their momentum, the support level of $180 may be penetrated downside, which may decrease the price to low of $161 and $136. However, the relative strength index period 14 is at 50 levels with the signal line displaying bullish direction.

XMRUSD Price Medium-term Trend: Bullish

Monero is on the bullish movement on 4-Hour chart. The price was consolidating at the support level of $180 last week. The bears’ pressure could not break down the $180 support level. Likewise, the bulls’ momentum was low to push up the price. On December 20, the bulls gained more pressure and pushes the price towards the resistance level of $213. The price is trying to break up the level.

Monero 4-hour chart, December 26

The price is trading above the two EMAs with the 9-day EMA above the 21-day EMA which indicate a bullish market. The relative strength index is above 50 levels pointing down to indicate sell signal which may be a pullback.

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Monero (XMR) Price: In Case $189 Level Holds, Bullish Reversal May Commence

Updated:

Monero (XMR) Price Analysis: December 19

When the bulls defend the support level of $189, there may be a breakup at $213 resistance level, Monero price will increase towards $244 and $281 levels. In case the bears increase their momentum, the support level of $189 may be penetrated downside, which may decrease the price to low of $161 and $136.

Key Levels:

Resistance Levels: $213, $244, $281

Support Levels: $189, $161, $136

XMRUSD Long-term Trend: Bearish

Monero is bearish on the daily chart. The bearish pressure is increasing as more bearish candles are produced on the daily chart. The bears are exerting a pressure at the mentioned level but bulls are equally defending the level and that is what led to consolidation mode. There is tendency for the price to reverse at the mentioned level like what happen last July.

XMRUSD Daily chart, December 19

Monero price is trading below the 9 periods EMA and 21 periods EMA as a sign of bearish momentum.   When the bulls defend the support level of $189, there may be a breakup at $213 resistance level, Monero price will increase towards $244 and $281 levels. In case the bears increase their momentum, the support level of $189 may be penetrated downside, which may decrease the price to low of $161 and $136. However, the relative strength index period 14 is at 30 levels with the signal line displaying bullish direction.

XMRUSD Price Medium-term Trend: Ranging

Monero is on the ranging movement on 4-Hour chart. The bears’ pressure could not break down the $189 support level and at the same time, the bulls’ momentum is low to push up the price. The scenario leads to ranging movement experiencing in the Monero market at the moment.

XMRUSD 4 hour chart, December 19

The price is trading around the two EMAs with the 9-day EMA interlocked with the 21-day EMA which indicate a ranging market. The relative strength index is above 40 levels pointing up to indicate buy signal.

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Monero (XMR) Price: Further Increase in Bears’ Momentum May Decrease Price to $161 Level

Updated:

Monero (XMR) Price Analysis: December 05

In case the bears increase their momentum, the support level of $189 may be penetrated downside, which may decrease the price to low of $161 and $136. When there is a breakup at $216 resistance level, Monero price will increase towards $244and $2811 levels.

Resistance Levels: $216, $244, $281

Support Levels: $189, $161, $136

XMRUSD Long-term Trend: Bearish

Monero is bearish on the daily chart. The bulls were not able to push the price above the resistance level of $244. The bears rejected further price increase at the just mentioned level.  The bearish momentum pushes XMR towards the $189 last week but the bulls interrupts the downward movement. The price retraced back towards the resistance level of $216. The ranging movement continues within $216 and $189 levels.

XMRUSD Daily chart, December 05

Monero price is trading below the 9 periods EMA and 21 periods EMA as a sign of bearish momentum.   In case the bears increase their momentum, the support level of $189 may be penetrated downside, which may decrease the price to low of $161 and $136. When there is a breakup at $216 resistance level, Monero price will increase towards $244and $2811 levels. However, the relative strength index period 14 is at 30 levels with the signal line displaying bearish direction.

XMRUSD Price Medium-term Trend: Bearish

Monero is on the bearish movement on 4-Hour chart. The bulls’ pressure could not break up the $281 resistance level. The sellers’ pressure broke down the $216 support level. Ranging movement discontinues as it was predicted last week.

Monero 4-hour chart, December 05

The price is trading below the two EMAs with the 9-day EMA below the 21-day EMA which indicate that bearish movement is in progress. The relative strength index is at 30 levels pointing down to indicate sell signal.

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Monero (XMR) Price May Break Down $244 Support Level

Updated:

Monero (XMR) Price Analysis: November 28

Should the bears continue to increase their momentum, $244 support level will be broken down side, and Monero will decrease towards $216 and $189 levels. Inability to break down the $244 level, the price may increase towards the $281, $300 and $511 resistance levels.

Key Levels:

Resistance Levels: $281, $300, $511

Support Levels: $244, $216, $189

XMRUSD Long-term Trend: Bearish

Monero is bearish on the daily chart. The bulls and the bears were in struggling mode with each other for more than two weeks. The bullish momentum has pushed up the price to test the resistance level of $300 for more than two times but the level holds and the price could not break up the level.  The bearish pressure equally tested the support level of $244 severally until November 16, a bearish engulfing candle emerges, which is a bearish chart pattern. The price obeyed the command and follow the direction of the bears. The support level of $216 is tested.

XMRUSD Daily chart, November 28

Monero price breaks down the support levels of $244 and decline towards the support level of $216.  It is trading below the 9 periods EMA and 21 periods EMA as a sign of bearish movement.   Should the bears continue to increase their momentum, $244 support level will be broken down side, and Monero will decrease towards $216 and $189 levels. Inability to break down the $244 level, the price may increase towards the $281, $300 and $511 resistance levels. However, the relative strength index period 14 is at 40 levels with the signal line pointing up to indicate buy signal which may be a pullback.

XMRUSD Price Medium-term Trend: Bearish

Monero is on the bearish movement on 4-Hour chart. The buyers’ pressure failed when it tested the resistance level of $300. A bearish engulfing candle formed and the price decline towards the support level of $216 after it penetrates the $244 level.

XMRUSD 4-hour chart, November 28

The price is trading below the two EMAs with the 9-day EMA below the 21-day EMA which indicate a bearish movement. The relative strength index is at $40 levels pointing up to indicate buy signal which may be a pullback.

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Monero (XMR) Price: Bears Defend Support Level of $244, Price Is Increasing

Updated:

Monero (XMR) Price Analysis: November 21

Further increase in the bulls’ pressure may push the price to reach the resistance level of $281 and the breakup of the $281 resistance level will increase the price towards $322 and $361 levels. In case the daily candle could not close above the resistance level of $281, ranging movement may continue, below the current price level are $244, $261 and $189 support levels.

Key Levels:

Resistance Levels: $281, $322, $361

Support Levels: $244, $216, $189

XMRUSD Long-term Trend: Ranging

XMRUSD is on the ranging movement in the daily chart. The resistance level of $281 holds the Monero price and it repelled towards the support level of $244. The mentioned level is penetrated downside and the support level of $216 was tested on November 18. Today, the bulls dominates the market and the price is increasing towards the resistance level of $281.

Monero Daily chart, November 21

 

Monero is trading below the 9-day EMA and the 21-day EMA on the daily chart and the two EMAs are separated from each other. Further increase in the bulls’ pressure may push the price to reach the resistance level of $281 and the breakup of the $281 resistance level will increase the price towards $322 and $361 levels. In case the daily candle could not close above the resistance level of $281, ranging movement may continue, below the current price level are $244, $261 and $189 support levels.

XMRUSD Price Medium-term Trend: Ranging

Monero is ranging on 4-Hour chart. The price experienced a bearish breakout last week. The sellers did allow the price to rally and the price decline to test the support level of $216. Bulls defend the just mentioned level and price bounces up towards the resistance level of $244. At the moment, the price is consolidating at $244 level.

XMRUSD 4-hour chart, November 21

Monero is trading above the two EMAs, which indicate an increase in bullish momentum. The relative strength index is at 60 levels with the signal line displaying bullish direction.

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Monero (XMR) Price Continues a Ranging Movement Within $281 and $244 Levels

Updated:

Monero (XMR) Price Analysis: November 14

The breakdown of the $244 support level will decrease the price towards $216 and $189 levels. In case the daily candle close above the resistance level of $281, bulls may push the coin to test the resistance level of $322 and $361.

Key Levels:

Resistance Levels: $281, $322, $361

Support Levels: $244, $216, $189

XMRUSD Long-term Trend: Ranging

XMRUSD is on the ranging movement in the daily chart. Monero is still ranging within the resistance level of $281 and the support level of $244. That means Monero market is still experiencing a low volatility. The bulls’ effort to break up the resistance level of $281 has been proved abortive. Bears were equally pressing hard on the support level at $244, the bulls are defending the level. Monero price continue a ranging movement within $281 resistance level and $244 support level. Breakout is imminent in the Monero market.

XMRUSD Daily chart, November 14

Monero is trading over and around the 9-day EMA and the 21-day EMA on the daily chart and the two EMAs are interlocked to each other. The breakdown of the $244 support level will decrease the price towards $216 and $189 levels. In case the daily candle close above the resistance level of $281, bulls may push the coin to test the resistance level of $322 and $361.

XMRUSD Price Medium-term Trend: Ranging

Monero is ranging on 4-Hour chart. The price experienced a fake bullish breakout last week. The sellers did not allow the price to rally and the price decline back to the ranging zone. Not until there is a breakout at $281 or at the support level of $244, ranging movement may continue.  The just mentioned levels still hold the price. The price is currently facing the resistance level of $281. An increase in the bulls’ momentum can push the price to $322 price level.

XMRUSD 4-hour chart, November 14

Monero is trading above the two EMAs, which indicate an increase in bullish momentum. The relative strength index is above 50 levels with the signal line displaying no specific direction.

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Monero (XMR) Price: Who Will Prevail in This Price Battle?

Updated:

Monero (XMR) Price Analysis: October 31

When there is a breakout at the resistance level of $279, bulls will push the coin towards the price level of the $279 and may extend to $361 resistance level only if $322 is penetrated. On the other hand, the breakdown of the $244 support level will decrease the price towards $216 and $189 levels.

Key Levels:

Resistance Levels: $281, $322, $361

Support Levels: $244, $216, $189

XMRUSD Long-term Trend: Ranging

On the daily chart, XMRUSD is on the ranging movement. The bulls were trying to break up the resistance level of $281 but bears are opposing the movement. Bears were equally pressing hard on the support level at $244, the bulls are defending the level. The price resulted to ranging movement within $281 resistance level and $244 support level. The war between the bulls and the bears may continue until there is a breakout.

XMRUSD Daily chart, October 31

The two EMAs are interlocked and Monero is trading around the 9-day EMA and the 21-day EMA on the daily chart. When there is a breakout at the resistance level of $279, bulls will push the coin towards the price level of the $279 and may extend to $361 resistance level only if $322 is penetrated. On the other hand, the breakdown of the $244 support level will decrease the price towards $216 and $189 levels.

XMRUSD Price Medium-term Trend: Ranging

Monero is ranging on 4-Hour chart. The support level of $244 was tested on October 20. The bulls opposed further decrease in price and a big bullish candle emerges that pushed the price to the resistance level of $281. An increase in the bulls’ momentum can push the price to $322 price level. Price may increase further.

XMRUSD 4-hour chart, October 31

Monero is trading above the two EMAs, which indicate that bulls’ momentum is increasing. The relative strength index is at 60 levels with the signal line displaying bullish direction.

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Monero (XMR) Price: Resistance Level of $281 Holds, Bearish Pressure Increases

Updated:

Monero (XMR) Price Analysis: October 17

The sellers may push the price down to the support level of $244 in which it may reduce to $189 provided $216 do not hold. In case the support level of $244 holds, bullish movement may continue to $281, $322 and $361 levels.

Key Levels:

Resistance Levels: $281, $322, $361

Support Levels: $244, $216, $189

XMRUSD Long-term Trend: Bearish

On the daily chart, XMRUSD is on the bearish movement. The bulls were not able to push the coin above the resistance level of $281 as speculated last week. The mentioned level holds and the Crypto was consolidating around the mentioned level for more than three days. The bears are gaining more pressure today and it is breaking away from the consolidation zone. The price is currently facing the support level of $244.

XMRUSD Daily chart, October 17

Monero is trading below the 9-day EMA and the 21-day EMA on the daily chart.  The sellers may push the price down to the support level of $244 in which it may reduce to $189 provided $216 do not hold. In case the support level of $244 holds, bullish movement may continue to $281, $322 and $361 levels. Meanwhile, the relative strength index period 14 is above 30 levels pointing down to indicate sell signal.

XMRUSD Price Medium-term Trend: Bearish

Monero is bearish on 4-Hour chart. The resistance level of $281 holds and the bulls could not break up the mentioned level. Buyers tried severally to break it up but their momentum could not withstand the resistance at $281. Sellers are gaining more pressure today and the price is declining at the moment towards $244 support level. Further price declination envisaged and the just mentioned level may be reached.

XMRUSD 4 hour chart, October 17

Monero is trading below the two EMAs, which indicate that bears’ momentum is increasing. The relative strength index is below 50 levels with the signal line displaying bearish direction.

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Monero (XMR) Price Finds Support at $216 Level, Targeting $322 Level

Updated:

Monero (XMR) Price Analysis: October 10

A further increase in pressure of the bulls may successfully push the coin above $281 level, to expose the price to the $322 and $361 resistance levels. Below the current price, barriers are found at the support level of $244, which may decrease to $216 and $189levels.

Key Levels:

Resistance Levels: $281, $322, $361

Support Levels: $244, $216, $189

XMRUSD Long-term Trend: Bullish

On the daily chart, XMRUSD is on the bullish movement. The Crypto played the way it was predicted last week. A double top chart pattern that formed on September 06 led to the downtrend of the crypto and it found support at $218. A bullish engulfing candle emerged, which is a bullish reversal signal candle. Monero price increased, broke up $244 level and tests $278 level before weekly market closed.

XMRUSD Daily chart, October 10

Monero is trading above the 9-day EMA and the 21-day EMA on the daily chart. A further increase in pressure of the bulls may successfully push the coin above $281 level, to expose the price to the $322 and $361 resistance levels. Below the current price, barriers are found at the support level of $244, which may decrease to $216 and $189 levels.

XMRUSD Price Medium-term Trend: Bullish

Monero is bullish on 4-Hour chart. The bears lose momentum at the support level of $216 on September 22, the price consolidates for few days before the bulls gain enough momentum to break up the resistance level of $244. It rallied to the resistance level of $281 where it had a partial breakout before pulling back. Monero is currently trading at $281 level with low volatility.

Moneo 4-hour chart, October 10

Monero is trading around the two EMAs, which indicate that bears’ and bulls’ momentum is decreasing. The relative strength index is at 50 levels with the signal line displaying no specific direction.

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