Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Nikko on September 15, 2018, 05:12:43 AM

Title: Monero Price analysis
Post by: Nikko on September 15, 2018, 05:12:43 AM

Monero has broken out of the moving averages after taking support at the downtrend line. If it breaks out at $120, it could climb to $142.71 and $150.

XMR

The moving averages are close to each other and are flattening out while the RSI has moved into positive territory. This shows that bulls have an advantage in the short-term. Therefore, we suggest holding long positions with the recommended stop loss.

The XMR/USD pair will turn negative if bears sink prices below the September 12 low of $96.390.

Cointelegraph (https://cointelegraph.com/news/bitcoin-ethereum-ripple-bitcoin-cash-eos-stellar-litecoin-cardano-monero-iota-price-analysis-september-14)

Title: Re: Monero Price analysis
Post by: emjay825 on September 16, 2018, 06:48:20 AM

(https://i.imgur.com/61TDxis.png)

Monero has broken out of the moving averages after taking support at the downtrend line. If it breaks out at $120, it could climb to $142.71 and $150. The moving averages are close to each other and are flattening out while the RSI has moved into positive territory. This shows that bulls have an advantage in the short-term.