Monday, July 14, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

XMR analysis – we are consolidating strong support, will there be a reflection?

by Margharet Tess
April 5, 2025
in Analysis
Reading Time: 2 mins read

Monero (XMR) has been staying at its annual low for almost two weeks. It is a support where historically there have been many decent reflections. This time, however, the exchange rate is consolidating for too long. In short, the market does not have much to bounce back, and if this level of support breaks down, it is a problem. From a technical point of view, this would mean that for Monero, any bull run is a passé.

Current situation at 1D XMR / USD

Monero failed to break through the S / R level of 290 USD. We have three rebounds here, but on the other hand we managed to defend the S / R level of 242 USD. The consolidation therefore looked promising, but once the $ 242 fell, it was clear that we would test $ 185. Which is an annual low from ATH, which we tested several times this year. And there was a very nice response every time.

XMR

As for the several-week market structure, it takes the form of such a classic declining channel. Thus, as long as the exchange rate is within the pattern, we cannot expect the exchange rate growth to last longer than a few days. We simply have to break up from that channel. Subsequently, the first hurdle is the $ 242, which is not exactly a weak level.

In any case, it is now essential that current support sales pressure persists. As mentioned, there were more of those reflections at $ 185. There were four in all. He’s here low volume node, so we also have support confluence. Therefore, it is logical to assume that it will be the fifth. However, doubts are brought about by the fact that we have been on support for a very long time. The reflection had never lasted that long before.

Respectively, the attempts were there, but they are obviously unsuccessful. In the event of a breakthrough in support, I would perceive similar price action as very problematic. Respectively, it wouldn’t be much for a bull run. So if we go down, I expect another strong defense at $ 125. That’s about 33% down from the current price.

Indicators

As for the RSI indicator, the values ​​still remain above 30 points. Which I personally perceive as a bull signal. That negative momentum has clearly weakened. But it is suspected that the rebound has not yet taken place. The situation is similar on the MACD. They are even on the histogram of the bullish divergence indicator. Bullish cross is also coming.

  • Author
  • Recent Posts
Margharet Tess
Margharet Tess
Editor, Developer at Cryptheory Labs
I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com
Margharet Tess
Latest posts by Margharet Tess (see all)
  • Bitcoin’s Ready to Blow… Upwards? - July 3, 2025
  • Ethereum’s $5K Dream: Breakout or Breakdown? - July 2, 2025
  • Ethereum’s Not Dead Yet: On-Chain Data Screams Rebound & Trading Tips - June 27, 2025
Tags: Monero
Previous Post

BTC analysis – the price has still not bottomed out. Are we heading for a new local minimum?

Next Post

AVAX analysis – the price is rising amid a continuing market correction

Related Posts

Ethereum’s Not Dead Yet: On-Chain Data Screams Rebound & Trading Tips
Analysis

Ethereum’s Not Dead Yet: On-Chain Data Screams Rebound & Trading Tips

June 27, 2025
XRP Ain’t Dead: On-Chain Whispers and Trading Shenanigans You Can’t Ignore & Trading Tips
Analysis

XRP Ain’t Dead: On-Chain Whispers and Trading Shenanigans You Can’t Ignore & Trading Tips

June 26, 2025
BTC Analysis & Trading Tips: Bitcoin’s Banging on Resistance – Is It Time to Moon or Nuke?
Analysis

BTC Analysis & Trading Tips: Bitcoin’s Banging on Resistance – Is It Time to Moon or Nuke?

June 25, 2025
Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL
Analysis

Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

June 24, 2025
TRON’s On-Chain Reality Check: Growth, Greed, and Why TRX Ain’t Dead Yet
Uncategorized

TRON’s On-Chain Reality Check: Growth, Greed, and Why TRX Ain’t Dead Yet

June 19, 2025
Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?
Analysis

Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

June 18, 2025
Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild
Analysis

Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild

June 12, 2025
Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again
Analysis

Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

June 10, 2025
Bitcoin Price Analysis & Trading Tips – June 9, 2025
Trading

Bitcoin Price Analysis & Trading Tips – June 9, 2025

June 9, 2025
Please login to join discussion
Track all markets on TradingView
Score: 0
Game Over

Popular

Bitcoin’s Ready to Blow… Upwards?

Bitcoin’s Ready to Blow… Upwards?

July 3, 2025
The Centralized Trap: Is Web3 Quietly Turning Back Into Web2?

The Centralized Trap: Is Web3 Quietly Turning Back Into Web2?

June 24, 2025
10 Brilliant Reasons I’m Still Holding My 2018 Altcoin Bag (And Totally Not Crying Inside)

10 Brilliant Reasons I’m Still Holding My 2018 Altcoin Bag (And Totally Not Crying Inside)

July 1, 2025
XRP Ain’t Dead: On-Chain Whispers and Trading Shenanigans You Can’t Ignore & Trading Tips

XRP Ain’t Dead: On-Chain Whispers and Trading Shenanigans You Can’t Ignore & Trading Tips

June 26, 2025
BTC Analysis & Trading Tips: Bitcoin’s Banging on Resistance – Is It Time to Moon or Nuke?

BTC Analysis & Trading Tips: Bitcoin’s Banging on Resistance – Is It Time to Moon or Nuke?

June 25, 2025
2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

June 23, 2025
Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

June 18, 2025
TRON’s On-Chain Reality Check: Growth, Greed, and Why TRX Ain’t Dead Yet

TRON’s On-Chain Reality Check: Growth, Greed, and Why TRX Ain’t Dead Yet

June 19, 2025
Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

June 24, 2025
Ethereum’s Not Dead Yet: On-Chain Data Screams Rebound & Trading Tips

Ethereum’s Not Dead Yet: On-Chain Data Screams Rebound & Trading Tips

June 27, 2025

💥 What's Your Crypto Trading Spirit Animal?

1. Your reaction to a red 15% candle?

2. How do you read charts?

3. What’s your biggest trading sin?

4. Favorite indicator?

5. How do you set your stop-loss?

6. What's your ideal trading environment?

7. How do you handle losing trades?

8. What’s your position sizing like?

9. What's your backup plan if you get liquidated?

10. Your crypto endgame?

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

Platforms for Copy Trading

Platforms for Grid Trading

Glossary of trading and crypto terms

Crypto Portfolio Tracker

 

Cryptheory Labs Projects

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

Shiba Inu loading
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.