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Monero / Tether

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Monero Builds Momentum, Potential 10% Breakout Toward 358$Hello✌️ Let’s analyze Monero’s price action both technically and fundamentally 📈. 🔍Fundamental analysis: Monero’s new FCMP++ upgrade could make old transactions quantum-safe and boost privacy again, keeping XMR strong in a world of rising digital surveillance. 💻🔐 📊Technical analysis: KUCOIN:XMRUSDT is approaching a strong monthly trendline and support zone; holding this level and breaking above resistance could trigger a 10% rally toward $358. Traders may watch for bullish confirmation at these key levels. 📈💎 📈Using My Analysis to Open Your Position: You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡 ✨We put love into every post! Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale
Long
by MadWhale
1
Monero Holds 0.618 Fibonacci as Rounded Bottom Formation BuildsMonero is maintaining strength above the 0.618 Fibonacci retracement, supported by VWAP SR confluence. This setup increases the probability of a rounded bottom forming for a move into higher resistance levels. Monero has shown resilience after bouncing from the 0.618 Fibonacci retracement, where VWAP SR provided additional confluence. This support level is now central to the bullish outlook, with the potential to establish a rounded bottom pattern. Key Technical Points: - 0.618 Fibonacci Support: Critical zone currently holding. - VWAP SR Confluence: Adds strength to the support region. - Rounded Bottom Potential: Structure hints at bullish continuation if support sustains. Price action on Monero has consistently respected Fibonacci levels, with the 0.618 retracement serving as a reliable inflection point. The recent bounce from this level, reinforced by VWAP SR, highlights the presence of demand. As long as Monero holds above this support, the probability of a rounded bottom structure developing increases. This formation often precedes a push into higher resistance levels, marking the transition from corrective phases to bullish continuation. Volume dynamics and buyer participation will be critical here. If bullish inflows increase, the rounded bottom pattern could solidify, creating conditions for a rotation into upper resistance. Conversely, failure to hold the 0.618 would weaken the bullish setup. What to Expect in the Coming Price Action: If Monero sustains its defense of the 0.618 Fibonacci and VWAP SR confluence, the probability of a bullish rotation higher grows. This could establish a rounded bottom pattern targeting upper resistance zones.
Long
by The_Alchemist_Trader_
3
Monero (XMR) Rebounds from $255 as Bulls Eye $336XMR price action has been volatile, reclaiming support before rallying into the value area high. After rejection, price corrected, but a bounce from the 0.618 Fibonacci and order block suggests bulls remain in control. Key Technical Points - $255 Support Reclaimed: Sparked impulsive rally. - 0.618 Confluence: Current bounce supported by Fibonacci and order block. - Upside Target: $336 remains the next high-time-frame objective. The bounce from the 0.618 Fibonacci level underscores the strength of this zone. If bulls can defend this area, XMR is well-positioned to accelerate toward the $336 resistance level. If, however, price loses this support, a deeper correction could unfold, revisiting the lower range supports. For now, market structure suggests a higher low may be forming, indicating that momentum could soon shift upward again. What to Expect As long as $255 holds, Monero maintains a bullish bias with $336 the next key target. Failure to hold would delay continuation and risk deeper retracements
Long
by The_Alchemist_Trader_
Monero Rallies from VWAP Support, Eyes Higher Fibonacci Monero has bounced sharply from high-timeframe VWAP support in confluence with the 0.618 retracement. The rally has put XMR back in mid-range consolidation. After a period of correction, Monero has shown signs of strength by bouncing off strong confluence support. The recovery suggests market participants may have found a bottom, setting up potential continuation higher. Key Technical Points: Strong bounce from VWAP + 0.618 confluence. Price now consolidating in mid-range. Higher Fibonacci extension at 0.418 remains the target. Monero’s price structure has shifted after an impressive rally from support, reinforcing bullish market sentiment. The reaction from the VWAP and 0.618 confluence provided the foundation for renewed strength. Now consolidating in mid-range, XMR is likely to move sideways in the short term as the market digests recent gains. Technically, the bounce suggests that Monero may have bottomed, opening the door for continuation higher toward the next Fibonacci extension levels. What to Expect in the Coming Price Action: Monero’s consolidation phase is expected to resolve upward, with the 0.418 Fibonacci extension serving as the next major target. Any sustained move below VWAP would challenge this bullish view.
Long
by The_Alchemist_Trader_
XMR/USDT Technical 1WThe chart shows a rounded bottom pattern, a classic bullish formation that suggests a potential long-term reversal from bearish to bullish. This pattern typically indicates accumulation, where buyers gradually gain control before a breakout. Price is currently approaching key resistance zones, and a breakout above these levels could confirm the bullish reversal. Bullish Case: If price breaks above $340.42 with strong volume, it could rally toward $420.01 and beyond. The rounded bottom pattern supports a long-term bullish outlook, especially if momentum builds. Bearish Risks: Rejection at $340.42 could lead to consolidation or a retest of $236.78. A breakdown below $236.78 would invalidate the rounded bottom and shift sentiment bearish.
by milad-bit24
XMR/USDT 4H — Retest-short setup under the 200 EMAContext • Clear downtrend of lower highs. Price sits below the 200 EMA with an Ichimoku/EMA supply overhead. • Rising wedge broke down; price is bouncing back into the broken trendline and cloud. Levels • Resistance/short zone: 262–268 first, then 276–280. • Invalidation zone: 288–290 (above recent highs/200 EMA). • Supports/targets: 245–248, 235, then 215–220 (aligned with the 0.618 and prior demand). Plan • Entry after retest: If price tags 262–268 and stalls, consider short. • TP1: 240–245. • TP2: 215–220. • Stop loss: above 288–290. • Flip long only if price reclaims and holds above 290; then 305–310 becomes possible. Why this works • Trend down, RSI below 50, momentum rolling over on your panel, and prior sell reactions at the cloud/MA stack favor fade-the-retest until trend changes. Chart checklist Mark 262–268, 276–280, 288–290; supports at 245, 235, 215. Draw the broken wedge line and the descending trendline. Keep 20/50 EMAs and 200 EMA visible to confirm rejection or reclaim. Not financial advice.
Short
by MyTradingJournal6th
Monero Bounces From Fibonacci Support, Eyes $336 ResistanceMonero (XMR) has respected the 0.618 Fibonacci level in confluence with the VWAP, producing a strong bounce back above daily support at $255. This sets the stage for potential continuation higher. XMR has recently confirmed a technical rebound from a high-confluence zone, where both Fibonacci retracement levels and VWAP align. The recovery above $255 has reestablished daily support, allowing bulls to regain control. With the current trading range between $255 and $336, Monero is showing signs of strength, provided the bullish structure continues to hold. Key Technical Points: - Critical Support at $255: Holding this level keeps the bullish projection intact within the current range. - 0.618 Fibonacci + VWAP Confluence: A strong bounce confirms technical demand at this zone. - Target at $336: Sustained bullish structure points to the next upside objective. The reaction off the 0.618 Fibonacci level combined with VWAP support has been a critical turning point for Monero. This confluence created a base for demand, and the subsequent bounce above daily support at $255 validates the strength of the level. Technical traders often consider these confluences as highly reliable for trend reversals or continuation setups, and in this case, XMR has delivered a notable rebound. The $255 region remains the pivotal line for bulls to defend. A failure to maintain this level would weaken the market structure and put pressure on lower supports. Conversely, holding above $255 opens the door for a rotation higher within the established range. The upper boundary of this range lies at $336, making it the immediate target if momentum continues. Testing this level will be key for determining whether XMR is prepared for an extended bullish run. Structurally, Monero remains bullish. The higher-low projections remain intact as long as the recent low holds. This suggests that the overall uptrend is not only alive but gathering potential energy for a continuation. The development of a bottoming formation above the 0.618 Fibonacci retracement will be crucial, as it would signal that sellers have been exhausted and that the path toward higher levels is becoming clearer. What to Expect in the Coming Price Action: XMR is likely to trade within the $255–$336 range in the short term. A successful defense of $255 could create the foundation for another leg higher, with $336 serving as the primary resistance to break. A decisive move above $336, particularly with volume support, would confirm continuation toward higher levels beyond the range.
Long
by The_Alchemist_Trader_