XMR short-sellers could benefit courtesy of this week’s sharp retracement but…
Monero [XMR] could be seen on a strong bearish retracement this week after previously delivering a strong upside. The retracement was the perfect opportunity for short sellers to take advantage of and make some profits. But is it time to take profits or can traders hold on to XMR for a bit longer? Here’s AMBCrypto’s […]
Monero at a crossroads; will $200 or $140 arrive first for XMR?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Monero has traded within a range since mid-September XMR is poised for a breakout, but a pullback could also materialize Monero has traded within a range between $152 and $136 since September. Technical indicators […]
Monero [XMR] fails to escape lower range- Answering your ‘why’
Monero [XMR] bulls managed to achieve a 9% upside in the last seven days. However, this is a relatively low upside compared to the gains that some top coins garnered during the same time. Here’s AMBCrypto’s price prediction for Monero (XMR) Monero’s latest upside was less enthusiastic compared to its sharp bounce in June and […]
Monero: Traders looking to sell XMR have reason to consider the $152 level
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. A divergence between OBV and price suggests a bullish reversal Price action remained bearish on higher timeframes Monero [XMR] has been on a higher timeframe downtrend since late April. Since then, the price has not […]