After a massive decline in value a couple of days ago, XMR is showing strong bullish price action today and yesterday.
After the sell-off, the price hovered around the lower support line of the channel.
Today the price managed to beat the $145 resistance, the recent top since the decline. Beating this resistance has in my eyes opened path towards former values of $160+.
I've marked two resistances (R1 and R2) on the chart where I expect some bearish pressure, be careful around those areas. Do your own DD & happy trading!
After the sell-off, the price hovered around the lower support line of the channel.
Today the price managed to beat the $145 resistance, the recent top since the decline. Beating this resistance has in my eyes opened path towards former values of $160+.
I've marked two resistances (R1 and R2) on the chart where I expect some bearish pressure, be careful around those areas. Do your own DD & happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: www.fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: www.fierytrading.com
