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: August 21
When the bulls exert more pressure, the resistance level of $169 may be broken upside, the price may increase to $185 and $203 resistance levels. In case the bears penetrate $142 price level, it may decline towards the support levels of $124, and $108.
Key Levels:
Resistance Levels: $169, $185, $203
Support Levels: $142, $124, $108
XMRUSD Long-term Trend: Bullish
On the daily chart, Monero is bullish. Last two weeks, Buyers dominated Monero market since June 18 from the support level of $108. The price was increasing with pressure from the bulls. The price broke up the resistance levels of $124 and $142. Last week, the price tested the resistance level of $169 and commences consolidation around the level. The price pulled back and retested the support level of $142. Bulls are returning in to the market today.
Monero price is trading slightly below the 9 periods EMA and 21 periods EMA as a sign of bullish market. When the bulls exert more pressure, the resistance level of $169 may be broken upside, the price may increase to $185 and $203 resistance levels. In case the bears penetrate $142 price level, it may decline towards the support levels of $124, and $108. The relative strength index period 14 is at 49 levels with the signal line pointing up displaying a bullish direction.
XMRUSD Price Medium-term Trend: Bullish
Monero is on the bullish movement on 4-hour chart. The resistance level of $124 was broken upside with the momentum of the bulls. The price is increased to break up the resistance level of $142. The price increase to $169 resistance level. It pulled back and retest the $142 support level. At the moment, the price is increasing.
The price is trading above the 9-day EMA and the 21-day EMA which indicate an increase in the bulls’ momentum. The relative strength index periods 14 is at 54 levels pointing up to indicate buy signal which may be a pullback.
You can purchase Lucky Block here: Buy LBlock
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
