Ny vidin'ny Monero (XMR) dia tonga amin'ny avo indrindra amin'ny volana oktobra, mety hanomboka ny hetsiky ny bearish

Azeez Mustapha

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Monero (XMR) Fanadihadiana momba ny vidiny: 24 aprily

When bears increase their momentum it will break down the support level of $250, then, there may be a decrease towards the support level of $218 and $185. When the bulls increase their momentum, the resistance level of $293 may be penetrated upside, which may increase the price to previous high of $324 and $354

Teboka manan-danja:

Haavo fanoherana: $ 293 324, $ 354, $ XNUMX

Ambaratonga fanohanana: 250 218, $ 185 XNUMX, XNUMX XNUMX $

XMRUSD Fironana maharitra: Bullish

On the daily chart Monero is bullish. The coin is still obeying the command of the double bottom chart pattern formed on the daily time frame at $142 support level. The crypto increases and broke up the former resistance levels of $185 and $215. More pressure from the bulls pushed the price to test the high of $293 which is the October high. Last week, the mentioned level holds and the price is pulling back to retest $250 level.

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Monero price is trading between the 9 periods EMA and 21 periods EMA as a sign of bearish momentum. When bears increase their momentum it will break down the support level of $250, then, there may be a decrease towards the support level of $218 and $185. When the bulls increase their momentum, the resistance level of $293 may be penetrated upside, which may increase the price to previous high of $324 and $354. However, the relative strength index period 14 is at 56 levels with the signal line displaying bearish direction.

XMRUSD Vidim-potoana maharitra: Bearish

Monero is on the bearish movement on 4-Hour chart. The price reached the resistance level of $293 on April 21. The bulls could not break up the just mentioned level. It pulled back and began to form a double top chart pattern. At the moment, the price is trying to break down the resistance level of $249 level.

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The price is trading below the two EMAs with the 9-day EMA crossing the 21-day EMA downside which indicate a bearish market. The relative strength index is at 42 levels pointing down to indicate sell signal.

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Azeez Mustapha

Azeez Mustapha dia matihanina amin'ny varotra, mpandalina vola, mpahay tetikady famantarana ary mpitantana vola manana traikefa efa mihoatra ny folo taona eo amin'ny sehatry ny vola. Amin'ny maha-bilaogera sy mpanoratra ara-bola azy dia manampy ny mpampiasa vola hahatakatra ireo foto-kevitra ara-bola sarotra izy, hanatsara ny fahaizany mampiasa vola ary hianatra hitantana ny volany.

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