XMR/BTC. R Trader

[RoboForex Administrator]

XMR/BTC

Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy, decentralization, and scalability that runs on Windows, MacOS, Linux, Android, and FreeBSD. Monero uses a public ledger to record transactions while new units are created through a process called mining. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian.

This instrument is available for trading on the platform R trader. You can start trading with as few as 10 USD on your trading account.

[Ehis]

The monero versus bitcoin is at 0.01234400 price is presently trading between the upper and lower Bollinger bands indicator which is obviously telling the trader that we are in a range. Should price break this range and get to 0.01250000 that would suggest that we he bulls have won the battle here but if price could go below 0.01230000 once more, let's expect more bears. I am neutral as it stands now.

[nadezhda84]

The current rate in the XMR-BTC crypto-currency trading instrument is 0.012367$. The rate has abruptly fallen today. This moved the rate farther down from the simple moving average (period of 800 hours).





Look at the essential support level at $0.0123. This is a good point to buy some XMR. Thus, my recommendation for today is as follows:
buy limit $0.0123

[nadezhda84]

The rate is 0.01241100$ in the XMR-BTC instrument. The rate does not go down anymore, but the recovery to, at least, 0.015 (BTC) is still delayed.


0.0120 BTC seems to work as an essential support level, that saves XMR from going to the historical minimum. The simple moving average (period of 800 hours) is at $0.012653, which is close to the current rate of XMR.


Until we get a confirmation of the uptrend, there is no reason to buy XMR.

[haris66]

XMR-BTC price 0.01303400 again moving in bearish after touching the support 0.01292909 on the first bearish pressure XMR-BTC manege to cross the support line 0.01292909 but due to low seller pressure but can not break the support line,price moves back up for the correction XMR-BTC now looks like bearish pressure again ..

Resistance Levels # 0.01349016 / 0.01392420
Support Levels # 0.01292909 / 0.01220394

Possible Direction ( BEARISH )
Screenshot_2.jpg

[nadezhda84]

The current rate in the XMR-BTC trading instrument is 0.0129900 BTC. The 800-H SMA points to 0.0127 BTC, that is, the price of XMR is higher than the average value during the last time. It makes it probable to go down in the near future. At the same time, the price is in the neutral zone and entering the market in such a position is not according to my trading system.





I recommend to wait for some time.

[haris66]

XMR-BTC price at 0.01301800 just on the support line not able to break or cross the support line XMR-BTC still moving in very tight range.seems like if its not break the support line then it will go 0.01349016 resistance level.batter to wait for a break out for taking a save and successful trade on XMR-BTC..

Resistance Levels # 0.01349016 / 0.01392420
Support Levels # 0.01292909 / 0.01220394

Possible Direction ( Bullish ) in daily time frame
Screenshot_1.jpg

[nadezhda84]

The present price in the XMR-BTC trading instrument is $0.01293800. The trend is neutral and the price is located in the neutral price zone.






The 800-hours simple moving average points currently at 0.01285 BTC that is similar to the current price of the instrument. Since the price level is neutral, I do not suggest to open trades. The price may go in any direction and the involved risk is too high to be reasonable.

[haris66]

XMR-BTC price 0.01290800 moving upwards to the resistance level,XMR-BTC according to technical indicators moving upwards in the favor of bullish trend,early XMR-BTC moving downwards due to seller pressure abut now its release the pressure and seems like it will touch the resistance level 0.01349016 in this current week best of luck ..

Resistance Levels # 0.01349016 / 0.01392420
Support Levels # 0.01292909 / 0.01220394

Possible Direction ( Bullish )
Screenshot_1.jpg