Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Monero (XMR) Price Analysis: January 23
When the bears defend the support level of $136, there may be an increase towards the resistance level of $161, $179 and $220. However, the relative strength index period 14 is at 30 levels with the signal line displaying bearish direction.
Key Levels:
Resistance Levels: $161, $179, $220
Support Levels: $136, $111, $97
XMRUSD Long-term Trend: Bearish
Monero is bearish on the daily chart. The bearish movement commenced on January 02 at the resistance level of $249. Price decline to the support level of $179 and bounced up to retest the resistance level of $220. Bearish engulfing candle formed at $220 level which interrupted the bulls’ momentum. This scenario triggered sellers’ pressure and the price broke down the support levels of $179 and $161. The support level of $136 is currently tested.

Monero price is trading below the 9 periods EMA and 21 periods EMA as a sign of bearish momentum. In case the support level of $136 does not hold, the price will decrease towards the support levels of $136, $111 and $97. When the bears defend the support level of $136, there may be an increase towards the resistance level of $161, $179 and $220. However, the relative strength index period 14 is at 30 levels with the signal line displaying bearish direction.
XMRUSD Price Medium-term Trend: Bearish
Monero is on the bearish movement on daily chart. The bulls’ momentum failed at the resistance level of $220 after the formation of double bottom chart pattern. The price could not break up the mentioned level. It started fallen by penetrating the support levels of $179 and $161. The price level of $136 is tested.

The price is trading below the 9-day EMA and the 21-day EMA which indicate a bearish movement. The relative strength index is at 30 levels pointing up to indicate buy signal which may be a pullback.
You can purchase crypto coins here. Buy Tokens
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus