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Buyers are gaining more momentum in the Monero market
Monero (XMR) Präisanalyse: 18. Dezember
In case the buyers break up the resistance level of $152, there may be a price increase toward the resistance level of $165 and $185. Should the resistance level of $152 is defended by the bears, Monero may decrease toward the support levels of $144, $134, and $124 levels.
Schlëssel Niveauen:
Resistenzniveauen: $ 152, $ 165, $ 185
Ënnerstëtzungsniveauen: $ 144, $ 134, $ 124
XMRUSD Langfristeg Trend: Bullish
Monero is bullish on the daily chart. On 09 November, a strong bearish momentum pushed the coin to the low of $115. The bulls defended the support level of $115 and the price bounced up to break $124, $134, and $144 resistance levels. The resistance level of $152 was tested on 13 December. The price is pulling back at the moment as a phenomenon in a trending market. The bulls may return to the Monero market this new week.
Monero price is trying to cross the dynamic resistance level upside and it may start trading above the 9-periods EMA and 21-periods EMA. In case the buyers break up the resistance level of $152, there may be a price increase toward the resistance level of $165 and $185. Should the resistance level of $152 be defended, the price may decrease toward the support levels of $144, $134, and $124. Meanwhile, the relative strength index period 14 is at 51 levels with the signal line displaying a bullish direction.
XMRUSD Präis Mëttelfristeg Trend: Bullish
Monero is on the bullish movement on a daily chart. The bearish momentum could not continue when it reached the support level of $115. The bulls gained more momentum and the price soared towards the north. The resistance level of $144 is a broken upside. The resistance level of $152 was tested on 13 December. The price pulled back aiming at the $144 support level. After the pullback, bullish movement may continue.
De Präis handelt liicht iwwer den 9-Deeg EMA an den 21-Deeg EMA, wat en bullish Momentum am Monero Maart weist. De relativen Stäerktindex ass op 49 Niveauen, déi op e Kafsignal weisen.
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