As a trader who has been navigating the crypto space for many years, this time the XMR market has caused me to suffer another loss. After two consecutive liquidations, I still chose to add to my position, and that feeling of being caught up is indeed hard to control.
Looking back at previous coin trends, I found that the current pattern of XMR is very similar to its previous market rhythm—nothing new. From the current position, if the price directly breaks through the middle line of the Bollinger Bands, the situation will become much more complicated.
On the technical side, I am focusing on the position of the second red line ahead, as it is very likely to become a support for a rebound. If this level cannot hold, it will be difficult to have any effective defense afterward.
Based on the operation rules of the Bollinger Bands, my judgment is: within the next 48 hours, XMR is very likely to break below the middle line and then test the deeper price range of 500-360. Of course, the market is ever-changing, and this is just a current technical forecast.
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AirdropHarvester
· 10h ago
Bro, you doubled down twice and still dare to add more. Your mental resilience is truly unmatched.
Continuously adding to your position is a gambler's mentality. Stop fooling yourself.
It's useless to talk now after the middle line of the Bollinger Bands has broken; anything said now is just empty talk.
Honestly, there's no suspense with XMR this time; that 360 line will be tested sooner or later.
No matter how good the technicals are, they can't change the fact of losses.
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NullWhisperer
· 10h ago
ngl the double liquidation then yoloing back in is like... technically a vulnerability in your own risk management protocol, not XMR's fault lol
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ImpermanentTherapist
· 10h ago
Buddy doubled down twice after being wiped out—are they really a gambling fanatic or a psychologist analyzing themselves?
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If you can't even hold the middle line of the Bollinger Bands, then 360 is definitely a trap.
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What’s being said here sounds nice as trading, but frankly, it’s gambler’s mentality.
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Every time they say it’s based on technical expectations, the market just does the opposite. Do you guys feel the same?
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From 500 to 360? There are many who are fortunate not to have lost everything.
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Wiping out twice and still adding more—are they truly ruthless or just hopeless?
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MeaninglessGwei
· 10h ago
Double liquidation twice and still dare to add positions, how strong is this mentality haha
After consecutive losses, instead of calming down, I get more fired up. I've seen too many stories like this
The middle line of the Bollinger Bands definitely needs to be watched closely, but I have some reservations about the 500-360 prediction from the old brother
The technicals look good but can't withstand black swan events
Adding positions is too much of a gamble, let's wait and see
Feels like it's going to drop again, can the old brother stop the bleeding this time?
As a trader who has been navigating the crypto space for many years, this time the XMR market has caused me to suffer another loss. After two consecutive liquidations, I still chose to add to my position, and that feeling of being caught up is indeed hard to control.
Looking back at previous coin trends, I found that the current pattern of XMR is very similar to its previous market rhythm—nothing new. From the current position, if the price directly breaks through the middle line of the Bollinger Bands, the situation will become much more complicated.
On the technical side, I am focusing on the position of the second red line ahead, as it is very likely to become a support for a rebound. If this level cannot hold, it will be difficult to have any effective defense afterward.
Based on the operation rules of the Bollinger Bands, my judgment is: within the next 48 hours, XMR is very likely to break below the middle line and then test the deeper price range of 500-360. Of course, the market is ever-changing, and this is just a current technical forecast.