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Moneygram

My TOP10 project list - pick number 8/10We are now entering the last 3 top picks of my list. These are no micro-caps anymore. These are solid blue chips that are already in the top30 of the overall crypto market. Whereas I am only allocating 1% to the previous tokens (1-7) because they are highly speculative, I have allocated 14% of my crypto capital to this project. No presentation needed for this project. It has been around since 10 years and will have its piece of the pie. There is no doubt in my mind about that. The technical analysis is screaming "bullish": look at the Monthly chart ! Every time the RSI has crossed the SMA (simple moving average) - GOLDEN CIRCLES at the middle section of the chart, the price has dramatically increased (1st Feb 2017 - 1st Apr 2020 - and recently 1st May 2023). The RSI cross is the first, early signal. There is a 2nd validation signal, that is the MACD (Moving Average Convergence Divergence) indicator. The PINK CIRCLE at the bottom of the chart. When this indicator make a cross momentum picks up steam. This indicator flashed on 1st July 2023 right before the news that Ripple had won in court agains the SEC (13th July 2023). So, whatever people may say, Macro interest Rate narrative, Looming Recession, ... whatever ... WE ARE IN A BULL MARKET FOR XLM !! No doubt about it !! Can there be an important correction / crash / drawdown of 50% ? Sure ! We have to be ready for whatever black swan event shows up. However it would probably be short lived and would not change the bullish overall momentum of this coin. Hold steady. Be strong. XLM is in for extraordinary gains !
CRYPTO:XLMUSDLong
by Dangermousebanana
Litecoin Ripping After Moneygram AdoptionLitecoin has rallied tremendously, breaking through to the $60 handle. It had been meandering around in the $50's for months. A few attempts at the $60's were quickly thwarted, however, and we will see if Litecoin can hold these higher levels. The Moneygram news seems to be what spurred this rally. Adoption is one of the most important aspects for this coin in particular, which has been struggling to remain relevant on Coinmarketcap. We are currently meeting resistance from $64.37, but $61.75 is providing support. If support gives out, then we could retrace the entire move back to $55.84. If we can keep the momentum going, then $66.94 is the next target.
BITSTAMP:LTCUSDShort
by quantguy
$MGI breakout on the Daily$MGI breaking out of a slight downward channel. Note: volume on the breakup candle isn't significant at the moment 9/17 12:00. MoneyGram is in the Remittance business. Crypto projects have made it their goals to minimize the fee charge for money transfers worldwide done on mobile phones nearly instantly. They had a partnership with crypto XRP but fell through on uncertainty with XRP regulation. Another crypto partnership or a Rumor of an all out buy out of MoneyGram by a crypto project is probable in the future.
MLong
by MrM3000
MGI $17.00-$18.50 target in Aug or SeptPrice should pump to the first 2 targets within the next couple of trading days. If not, this will give a great chance to accumulate for the Sept target range. Fib levels give some nice confluence for the parabolic move. Price should trade quickly through 0.382 - 0.618 before retracing slightly. This will give us a longer term confirmation on the bullish trend. If price ccloses below 8.92 will reassess and see about a better entry. This stock is insanely bullish so just need to find the right entry.
MLong
by IKeepItGreen
2
Triple Top MGI Chart...Needs MOMOOOOInteresting take on the new Apple event this week. Expanded app store, more iPhone hype, new MGI App. Now it just needs momo. Chart's looking at another possible top here. Testing this level for the 3rd time. Was previous resistance but might be a matter of momentum igniting a run if and BIG IF, it comes in. "The company has gone through an evolution over the last few years to meet the requirements of today’s digital world. It saw the expansion of the company into cryptocurrency options as well as new partnerships with larger outlets. The P2P payment and money-transfer company gave its latest update on September’s monthly performance...More ways of accessibility via pad, phone, watch, and more. Could this bring new opportunities for MoneyGram to gain more customers through ease of access?" Original Article: What Could The Apple Event Mean For Penny Stocks? 3 To Watch
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by PennyStocks101
MONEYGRAM INTERNATIONAL INC (MGI) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
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by Dinjin
Intraday trading: Potential takeover of MoneyGramBloomberg News reported the potential takeover incurred by Western Union of MoneyGram. Price was not disclosed and now MGI faces high volatility a trader could profit from. Looking at the 4h chart, we might see that in 3 hours time MGI (at 17:30h GMT) might plummet until $3 to pullback at $3.80 after 17:30h GMT. Maybe, takeover price for MGI could be greater than current price due to greater average TTM market price. However, Moneygram holds around $800 million debt, so negotiations will be interesting. I suggest Long from $3 up to $4.40.
MLong
by alexinve
MGI MONEYGRAM TREND REVERSAL LONG SET UPBUY MGI MONEYGRAM ENTRY 1 $2.60 & ENTRY 2 $2.00 OPTION PRICE TARGET 1 $5.00 OPTION PRICE TARGET 2 $7.00 OPTION PRICE TARGET 3 $10.00 Ripple partner, MoneyGram chooses VISA network for new service. Ripple's partner, MoneyGram launched the FastSend payment sending service. Despite its partnership with Ripple, MoneyGram decided to launch the product on the VISA network Ripple has agreed to enter into a strategic partnership with MoneyGram (NASDAQ: MGI), one of the world’s largest money transfer companies. Through this partnership, which will have an initial term of two years, Ripple would become MoneyGram’s key partner for cross-border payment and foreign exchange settlement using digital assets. In conjunction with the partnership, Ripple has agreed to provide a capital commitment to MoneyGram, which enables the company to draw up to $50 million in exchange for equity over a two-year period. The partnership with Ripple will focus on the xRapid product, a solution for on-demand liquidity, which reduces reliance on pre-funding by enabling money to be sent from one currency and instantly settled in the destination currency. It leverages XRP, the native digital asset of the XRP Ledger, as a real-time bridge between the sending and receiving currencies. XRP remains the most efficient digital asset for settlement with transaction fees at just fractions of a penny, compared to other digital asset fees of about $30 per transaction. Similarly, the average transaction time for XRP is two to three seconds with other top digital assets ranging from 15 minutes to an hour. “As the payments industry evolves and matures, it’s imperative that we continue to improve our platform and provide the most effective solution to get funds from point A to point B,” said Alex Holmes, MoneyGram Chairman and CEO. “Through Ripple’s xRapid product, we will have the ability to instantly settle funds from US dollars to destination currencies on a 24/7 basis, which has the potential to revolutionize our operations and dramatically streamline our global liquidity management.MoneyGram operates globally in the $600 billion global remittance market, serving millions of customers in more than 200 countries and territories, supporting multiple currencies. Today, MoneyGram relies on traditional foreign exchange markets to meet its settlement obligations, which require advance purchases of most currencies. Through this strategic partnership, MoneyGram will be able to settle key currencies and match the timing of funding with its settlement requirements reducing costs, improving its balance sheet efficiency and reducing risk.
MLong
by MavRich_Trading
Moneygram, I'm still here watching it like a hawkPrepare for a major breakout. This should not be trading under the 30 week moving average especially with the way the market is tending up and volume finally coming into cryptocurrencies. Fundamentally I believe the Phase 1 and Phase 2 China trade deals will be major factors in the S&P trending higher for another 6mo-1yr. This means the opportunity is huge because it will close the gap to the 30 week MA and then it will extend up to test the previous high. Follow the money. Ripple bought shares at 4.10 and they intend to make a profit.
MLong
by eneakume
10