Monero Technical Analysis: Bulls testing $70 barrier
05/16/2019, 04:52:35
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XMR/USD went up from $64 to $69.70 as bulls look to test the $70 barrier. The last session took the price above both the 200-day SMA curve.

XMR/USD Daily Chart

XMR/USD Daily Chart

  • XMR/USD went up from $64 to $69.70 as bulls look to test the $70 barrier.
  • The last session took the price above both the 200-day simple moving average (SMA 200) and SMA 20 curves.
  • The relative strength index (RSI) indicator is creeping towards the overbought zone.
  • The daily market has had a bullish breakout from the triangle formation.
  • XMR/USD went up from $64 to $69.70 as bulls look to test the $70 barrier.
  • XMR/USD went up from $64 to $69.70 as bulls look to test the $70 barrier.
  • The last session took the price above both the 200-day simple moving average (SMA 200) and SMA 20 curves.
  • The last session took the price above both the 200-day simple moving average (SMA 200) and SMA 20 curves.
  • The relative strength index (RSI) indicator is creeping towards the overbought zone.
  • The relative strength index (RSI) indicator is creeping towards the overbought zone.
  • The daily market has had a bullish breakout from the triangle formation.
  • The daily market has had a bullish breakout from the triangle formation.

    XMR/USD 4-Hour Chart

    XMR/USD 4-Hour Chart

    • The 4-hour market has had a bullish breakout from the red cloud of the Ichimoku indicator.
    • The red cloud shows increased bearish sentiment in the near future.
    • The last three sessions of the Elliot wave oscillator are bullish following five consecutive bearish sessions.
  • The 4-hour market has had a bullish breakout from the red cloud of the Ichimoku indicator.
  • The 4-hour market has had a bullish breakout from the red cloud of the Ichimoku indicator.
  • The red cloud shows increased bearish sentiment in the near future.
  • The red cloud shows increased bearish sentiment in the near future.
  • The last three sessions of the Elliot wave oscillator are bullish following five consecutive bearish sessions.
  • The last three sessions of the Elliot wave oscillator are bullish following five consecutive bearish sessions.

    XMR/USD Hourly Chart

    XMR/USD Hourly Chart

    • The XMR/USD hourly chart was able to go above the upper curve of the 20-day Bollinger band before the bears brought the price back inside.
    • The Bollinger band indicates an increasingly volatile market.
    • The 20-day simple moving average (SMA 20) curve has crossed over the SMA 50 curve and is looking to converge with the SMA 200 curve.
    • The RSI indicator is trending barely inside the overbought zone.
  • The XMR/USD hourly chart was able to go above the upper curve of the 20-day Bollinger band before the bears brought the price back inside.
  • The XMR/USD hourly chart was able to go above the upper curve of the 20-day Bollinger band before the bears brought the price back inside.
  • The Bollinger band indicates an increasingly volatile market.
  • The Bollinger band indicates an increasingly volatile market.
  • The 20-day simple moving average (SMA 20) curve has crossed over the SMA 50 curve and is looking to converge with the SMA 200 curve.
  • The 20-day simple moving average (SMA 20) curve has crossed over the SMA 50 curve and is looking to converge with the SMA 200 curve.
  • The RSI indicator is trending barely inside the overbought zone.
  • The RSI indicator is trending barely inside the overbought zone.

    Key Levels

    Key Levels

    XMR/USD

    Overview
    Today last price 69.5621
    Today Daily Change 5.4381
    Today Daily Change % 8.48
    Today daily open 64.124
     
    Trends
    Daily SMA20 63.987
    Daily SMA50 56.2293
    Daily SMA100 51.6576
    Daily SMA200 66.5653
    Levels
    Previous Daily High 67.196
    Previous Daily Low 63.5467
    Previous Weekly High 72.7347
    Previous Weekly Low 62.5115
    Previous Monthly High 57.3927
    Previous Monthly Low 46.7996
    Daily Fibonacci 38.2% 64.9407
    Daily Fibonacci 61.8% 65.8019
    Daily Pivot Point S1 62.7151
    Daily Pivot Point S2 61.3063
    Daily Pivot Point S3 59.0659
    Daily Pivot Point R1 66.3644
    Daily Pivot Point R2 68.6048
    Daily Pivot Point R3 70.0137

     

    XMR/USD

    Overview
    Today last price 69.5621
    Today Daily Change 5.4381
    Today Daily Change % 8.48
    Today daily open 64.124
     
    Trends
    Daily SMA20 63.987
    Daily SMA50 56.2293
    Daily SMA100 51.6576
    Daily SMA200 66.5653
    Levels
    Previous Daily High 67.196
    Previous Daily Low 63.5467
    Previous Weekly High 72.7347
    Previous Weekly Low 62.5115
    Previous Monthly High 57.3927
    Previous Monthly Low 46.7996
    Daily Fibonacci 38.2% 64.9407
    Daily Fibonacci 61.8% 65.8019
    Daily Pivot Point S1 62.7151
    Daily Pivot Point S2 61.3063
    Daily Pivot Point S3 59.0659
    Daily Pivot Point R1 66.3644
    Daily Pivot Point R2 68.6048
    Daily Pivot Point R3 70.0137

    XMR/USD

    Overview
    Today last price 69.5621
    Today Daily Change 5.4381
    Today Daily Change % 8.48
    Today daily open 64.124
     
    Trends
    Daily SMA20 63.987
    Daily SMA50 56.2293
    Daily SMA100 51.6576
    Daily SMA200 66.5653
    Levels
    Previous Daily High 67.196
    Previous Daily Low 63.5467
    Previous Weekly High 72.7347
    Previous Weekly Low 62.5115
    Previous Monthly High 57.3927
    Previous Monthly Low 46.7996
    Daily Fibonacci 38.2% 64.9407
    Daily Fibonacci 61.8% 65.8019
    Daily Pivot Point S1 62.7151
    Daily Pivot Point S2 61.3063
    Daily Pivot Point S3 59.0659
    Daily Pivot Point R1 66.3644
    Daily Pivot Point R2 68.6048
    Daily Pivot Point R3 70.0137

    XMR/USD

    Overview
    Today last price 69.5621
    Today Daily Change 5.4381
    Today Daily Change % 8.48
    Today daily open 64.124
     
    Trends
    Daily SMA20 63.987
    Daily SMA50 56.2293
    Daily SMA100 51.6576
    Daily SMA200 66.5653
    Overview
    Today last price 69.5621
    Today Daily Change 5.4381
    Today Daily Change % 8.48
    Today daily open 64.124
    Overview Overview Overview Today last price 69.5621 Today Daily Change 5.4381 Today Daily Change % 8.48 Today daily open 64.124 Today last price 69.5621 Today last price69.562169.5621 Today Daily Change 5.4381 Today Daily Change5.43815.4381 Today Daily Change % 8.48 Today Daily Change %8.488.48 Today daily open 64.124 Today daily open64.12464.124
     
    Trends
    Daily SMA20 63.987
    Daily SMA50 56.2293
    Daily SMA100 51.6576
    Daily SMA200 66.5653
    Trends Trends Trends Daily SMA20 63.987 Daily SMA50 56.2293 Daily SMA100 51.6576 Daily SMA200 66.5653 Daily SMA20 63.987 Daily SMA2063.98763.987 Daily SMA50 56.2293 Daily SMA5056.229356.2293 Daily SMA100 51.6576 Daily SMA10051.657651.6576 Daily SMA200 66.5653 Daily SMA20066.565366.5653
    Levels
    Previous Daily High 67.196
    Previous Daily Low 63.5467
    Previous Weekly High 72.7347
    Previous Weekly Low 62.5115
    Previous Monthly High 57.3927
    Previous Monthly Low 46.7996
    Daily Fibonacci 38.2% 64.9407
    Daily Fibonacci 61.8% 65.8019
    Daily Pivot Point S1 62.7151
    Daily Pivot Point S2 61.3063
    Daily Pivot Point S3 59.0659
    Daily Pivot Point R1 66.3644
    Daily Pivot Point R2 68.6048
    Daily Pivot Point R3 70.0137
    Levels
    Previous Daily High 67.196
    Previous Daily Low 63.5467
    Previous Weekly High 72.7347
    Previous Weekly Low 62.5115
    Previous Monthly High 57.3927
    Previous Monthly Low 46.7996
    Daily Fibonacci 38.2% 64.9407
    Daily Fibonacci 61.8% 65.8019
    Daily Pivot Point S1 62.7151
    Daily Pivot Point S2 61.3063
    Daily Pivot Point S3 59.0659
    Daily Pivot Point R1 66.3644
    Daily Pivot Point R2 68.6048
    Daily Pivot Point R3 70.0137
    Levels Levels Levels Previous Daily High 67.196 Previous Daily Low 63.5467 Previous Weekly High 72.7347 Previous Weekly Low 62.5115 Previous Monthly High 57.3927 Previous Monthly Low 46.7996 Daily Fibonacci 38.2% 64.9407 Daily Fibonacci 61.8% 65.8019 Daily Pivot Point S1 62.7151 Daily Pivot Point S2 61.3063 Daily Pivot Point S3 59.0659 Daily Pivot Point R1 66.3644 Daily Pivot Point R2 68.6048 Daily Pivot Point R3 70.0137 Previous Daily High 67.196 Previous Daily High67.19667.196 Previous Daily Low 63.5467 Previous Daily Low63.546763.5467 Previous Weekly High 72.7347 Previous Weekly High72.734772.7347 Previous Weekly Low 62.5115 Previous Weekly Low62.511562.5115 Previous Monthly High 57.3927 Previous Monthly High57.392757.3927 Previous Monthly Low 46.7996 Previous Monthly Low46.799646.7996 Daily Fibonacci 38.2% 64.9407 Daily Fibonacci 38.2%64.940764.9407 Daily Fibonacci 61.8% 65.8019 Daily Fibonacci 61.8%65.801965.8019 Daily Pivot Point S1 62.7151 Daily Pivot Point S162.715162.7151 Daily Pivot Point S2 61.3063 Daily Pivot Point S261.306361.3063 Daily Pivot Point S3 59.0659 Daily Pivot Point S359.065959.0659 Daily Pivot Point R1 66.3644 Daily Pivot Point R166.364466.3644 Daily Pivot Point R2 68.6048 Daily Pivot Point R268.604868.6048 Daily Pivot Point R3 70.0137 Daily Pivot Point R370.013770.0137