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Monero market may see an increase of buyers
Analiżi tal-Prezzi Monero (XMR): 01 ta' Jannar
In case buyers are successful in pushing the price past the $152 resistance level, Monero may move upward into the $165 and $185 resistance levels. The price may fall into the $144, $134, and $124 support levels should $152 resistance level holds.
Livelli Ewlenin:
Livelli ta 'Reżistenza: $ 152, $ 165, $ 185
Livelli ta 'Appoġġ: $ 144, $ 134, $ 124
XMRUSD Tendenza fit-Tul: Bullish
Monero is advancing on the daily chart. On November 9, the currency hit a low of $115 due to a strong bearish trend. After the bulls successfully held the $115 support level and broke the $124, $134, and $144 resistance levels. The $152 resistance level was tested on December 13 and pulled back to retest the support level of $146. The Monero market may be dominated by bulls this upcoming week.
Monero price is attempting the dynamic resistance level and may soon start trading above the 9-period EMA and 21-period EMA. In case buyers are successful in pushing price past the $152 resistance level, the price may move upward into the $165 and $185 resistance levels. The price may fall into the $144, $134, and $124 support levels should $152 resistance level holds. The relative strength index period 14 signal line is at 57 levels and is pointing up.
Prezz XMRUSD Tendenza fuq medda medja ta 'żmien: Bullish
Monero is rising on the 4-hour chart. The downward trend stopped as it reached the $115 support level. As the bulls gained more momentum, the price moved further north. The resistance level of $144 has been overcome on the upside. The price is currently facing $152 resistance level.
Indicating bullish momentum in the Monero market, the price is currently marginally above both the 9-day and 21-day exponential moving averages. At level 67, the Relative Strength Index is rising, signaling a buy.
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