Crypto Screener Forums Monero (XMR) Forecast – Technical Analysis Monero, XMRUSD, XMRBTC forecasts – October 2017

This topic contains 4 replies, has 2 voices, and was last updated by admin admin 1 year, 3 months ago.

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    Topic
  • #648
    admin
    admin
    Moderator

    This is the thread for analysis on the Monero markets, XMRUSD, XMRBTC in the month of October 2017.

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  • #801
    admin
    admin
    Moderator

    Taking a quick look at the short term for the XMRBTC market.

    We can see quite a big spike in trading volume on the 25th and it seems like there could be a bullish trend developing.

    I will see if we continue along the green line, if not we could see lower prices. Those buying Monero for a long term investment or simply speculating for 2018 should take a look at these prices.

    Bear in mind if Bitcoin starts to run Monero will most likely devalue from here.

     

    • This reply was modified 1 year, 3 months ago by admin admin.
    #789
    AndreSnyman
    AndreSnyman
    Participant

    XMR moved back to support area. This chart looks great. Look at the price action at 0.0151, this will show us what to do. I am looking to enter XMR and holding it as long as it stays above $77!

    #754
    AndreSnyman
    AndreSnyman
    Participant

    We are still waiting but when 0.018 breaks to the upside I am buying.

    The dollar chart is looking very bullish! When 96.30 breaks it will move up to test the high at $104. The big move will come if 0.018 breaks against btc.

    #729
    AndreSnyman
    AndreSnyman
    Participant

    XMR is moving into support area. We will look to see when we will be looking to buy!

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