Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Monero (XMR) Price Analysis: September 04
In case the bulls increase their momentum, the resistance level of $169 may be penetrated upside, which may extend bullish trend to the high of $185 and $203. When there is a breakdown at $142 support level, Monero price will decrease towards $124 and $108 levels.
Key Levels:
Resistance Levels: $169, $185, $203
Support Levels: $142, $124, $108
XMRUSD Long-term Trend: Bullish
Monero is bullish on the daily chart. Last week, the bears were struggling to break down the $147 support level. Bulls rejected further price decrease at the just mentioned level. The candle pattern formed called double bottom pattern at $142 level. At the moment, Bullish momentum pushes XMR towards the $169 level.
Monero price is trading above the 9 periods EMA and 21 periods EMA at close contact as a sign of high bullish momentum. In case the bulls increase their momentum, the resistance level of $169 may be penetrated upside, which may extend bullish trend to the high of $185 and $203. When there is a breakdown at $142 support level, Monero price will decrease towards $124 and $108 levels. However, the relative strength index period 14 is at 51 level with the signal line displaying bullish direction.
XMRUSD Price Medium-term Trend: Bearish
Monero is on the bullish movement on 4-Hour chart. The price action has formed a double bottom chart pattern at $142 level. Bears’ pressure could not break down the $142 support level. The sellers’ pressure is not strong enough to break down the $142 support levels. The bullis movement may continue this week to previous high.
The price is trading above the two EMAs with the 9-day EMA crossed the 21-day EMA upside which indicate that bullish movement is in progress. The relative strength index is at 59 levels pointing up to indicate buy signal.
You can purchase Lucky Block here. Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
