Monero (XMR) Price Faces Pressure Below $50 – Monero Price Analysis

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After Price Change
1 day $43.2059 0.69%
1 week $43.0378 0.30%
1 month $46.1289 7.50%
6 months $58.4284 36.16%
1 year $138.2028 222.08%
5 years $506.6605 1,080.75%

The Stochastic Oscillator is a range bound momentum oscillator. Stochastic oscillator is at 10.872, indicating Neutral action.

The Commodity Channel Index​ (CCI) is a momentum-based technical trading tool used to determine when a market is overbought or oversold. Commodity Channel Index is indicating Buy action, with value at -128.907.

The Relative Strength Index (RSI) is an important indicator for measuring the speed and variation of price movements. Its value ranges from zero and 100. The value around 30 and below is considered an oversold region and over 70 as oversold regions. Relative Strength Index is showing Buy signal, with value at 25.998.

Moving Average (MA) in simple term is just average of any subset of numbers. For example, 50 Days simple moving average is calculated at any point in chart by summing past 50 days of price and then dividing it by 50.

100 days Simple Moving Average is indicating Sell action with value at 97.913, Monero is trading below it at $42.91. 9 days Hull Moving Average is indicating Sell since Monero is trading at $42.91, below MAs value of 43.814. 200 days Exponential Moving Average is indicating Sell action with value at 115.692, Monero is trading below it at $42.91.

50 days Simple Moving Average is at 82.816, showing Sell signal, Monero is trading below it at $42.91. 200 days Simple Moving Average is at 111.619, showing Sell signal, Monero is trading below it at $42.91. 10 days Simple Moving Average is at 50.059, showing Sell signal, Monero is trading below it at $42.91.

30 days Simple Moving Average is indicating Sell action with value at 66.212, Monero is trading below it at $42.91. 9 days Ichimoku Cloud Base Line is indicating Neutral action with value at 68.052, Monero is trading below it at $42.91. 5 days Simple Moving Average is indicating Sell action with value at 45.978, Monero is trading below it at $42.91.

100 days Exponential Moving Average is indicating Sell action with value at 91.964, Monero is trading below it at $42.91. 20 days Volume Weighted Moving Average is indicating Sell action with value at 55.333, Monero is trading below it at $42.91. 5 days Exponential Moving Average is indicating Sell action with value at 46.287, Monero is trading below it at $42.91.

20 days Simple Moving Average is indicating Sell action with value at 55.53, Monero is trading below it at $42.91. 10 days Exponential Moving Average is at 49.767, showing Sell signal, Monero is trading below it at $42.91. 50 days Exponential Moving Average is indicating Sell action with value at 75.503, Monero is trading below it at $42.91.

Also Read: Everything You Want To Know About Stablecoins: Pros, Cons, Best Stablecoins

30 days Exponential Moving Average is indicating Sell action with value at 64.722, Monero is trading below it at $42.91. 20 days Exponential Moving Average is indicating Sell action with value at 57.491, Monero is trading below it at $42.91.

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