Може ли овој нахакан образец да спречи да го продолжи падот на монетата Monero?

XMR Price Prediction: Using a паѓа шема на клинови, the Monero coin price gave its ongoing correction a specific direction. The coin price reverted from the converging trendlines several times indicating the market participants are strictly respecting this pattern. Thus, here’s how the XMR price may react upon the completion of this pattern.

Клучните точки: 

• A potential bullish breakout from the overhead trendline may signal the recuperated bullish momentum.
• The 20-day EMA act as a dynamic resistance to the ongoing downfall
• The intraday trading volume in Monero coin is $88.5 Million, indicating a 10% loss.

Извор- Tradingview

на Monero coin price initiated its ongoing correction phase when it turned down from the $187.5 peak on January 30th. The resulting five-week downfall tumbled the altcoin by 28.5% where it reached the combined support of $134.52 and support trendline of a falling wedge pattern. 

In theory, the most common outcome of this pattern is to encourage a bullish reversal as the price reached the support trendline which eventually offers a bullish breakout from the resistance trendline to resume the bullish recovery. 

Исто така прочитајте: Што е регенеративно финансии (Рефи) и за кого е тоа?

Thus, today the Monero coin rebounded from a lower trendline with a bullish candle showcasing a 4% jump. This bullish reversal should raise the coin price by another 5% to reach the overhead trendline. 

Until this pattern is intact, the XMR price will prolong its current correction phase.

On a contrary note, a bullish breakout from the pattern resistance trendline will signal an early sign for trend reversal and reignite the recovery phase.

Техничка анализа

УПН Индикатор: дневниот RSI наклон moving sideways despite the falling price action indicates the growth in underlying bullishness. This bullish divergence indicates the coin price will eventually breach the overhead trendline.

ЕМА: 50-и-200-ден ЕМА moving sideways indicates an overall sideway trendline. Moreover, a death crossover between these slopes may offer additional confirmation the XMR price witnessed further correction before the actual breakout.

Monero Coin Price Intraday Levels

• Цена на самото место: 140 УСД
• Тренд: Булиш
• Нестабилност: Средна
• Ниво на отпор - 153 долари и 170 долари
• Ниво на поддршка - 134.5 и 125 долари