Tag: price analysis

Correction is XMR is not over yet

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Monero continues correcting after the February rally. On Friday, February 26th, the cryptocurrency is trading at $197. XMR/USD has been falling this week. In the daily chart, Monero is testing 38.2% fibo. The next correctional target within the ascending tendency may be the support at 50.0%, a rebound from which may result in a new wave to the upside. The MACD histogram, as well …
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XRP Ready for the Upside

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 12th, Ripple looks rather good, trading at 0.5505 USD. On D1, XRP/USD sky-rocketed corrected and goes on growing. We can suppose that the quotations will pull back a bit to 61.8% Fibo and then keep on growing. The aim of growth is 0.7100 USD. The MACD histogram is rising, and its signal lines are above zero, which is an additional signal …
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