xmr price forecast

Monero Price Analysis: XMR/USD Trends of October 31–November 6, 2018
October 31st, 2018

For Monero price to break out from this bound range zone, a radical fundamental event is needed; there is a probability that the coin will break the accumulation territory of $97 downside and the coin may have the low accumulation territory $86 as its target.

Monero Price Analysis: XMR/USD Trends of October 24–30, 2018
October 24th, 2018

In case the distribution territory of $111 hold and the bears increase their pressure, the accumulation territory of $97 will be broken and Monero will resume downtrend movement.

Monero (XMR) Price Analysis: Trends of October 17–26 , 2018
October 17th, 2018

In case the distribution level of $111 is broken up, the pair will resume its uptrend movement and upper distribution territory of $119 will be exposed.

Monero (XMR) Price Analysis: Trends of October 10–16, 2018
October 10th, 2018

There is a probability for the downward movement this week; traders should follow the trend patiently.

Monero (XMR) Price Analysis: Trends of October 3–9, 2018
October 3rd, 2018

In case the distribution level of $128 is broken, the pair will resume its uptrend movement and upper distribution territory of $140 will be exposed. A breakout at the upper area or breakdown at the lower area is imminent, so traders should be patient when taking a trade.

Monero (XMR) Price Analysis: Trends of September 26–October 2, 2018
September 26th, 2018

Trading can be done within the range by lookout for the opportunity to initiate a buying trade at a lower level of price and selling trade at a higher level as the price continues its ranging within the territories of $128 and $102.

Monero (XMR) Price Analysis: Trends of September 19–25, 2018
September 19th, 2018

The price continues its ranging within the territories of $150 and $102. Traders can look out to initiate a long trade at the lower level of price in case of the price fall to the lower level of the price range.

Monero (XMR) Price Analysis: Trends of September 5–11, 2018
September 6th, 2018

The coin broke the upper trend line of the last week ascending triangle which led to uptrend movement towards the distribution territory of $151.

Monero (XMR) Price Analysis: Trends of August 22–28, 2018
August 22nd, 2018

Taking long trades is not advisable at the moment because the long-term trend is bearish, and the bearish pressure may continue for some time.

Monero (XMR) Price Analysis: Trends of August 9-15, 2018
August 9th, 2018

Monero has been trending downwards for months, thus only a radical fundamental event can forcefully bring about a significant rally in the market.