XMR Crypto Forming Bullish Pattern: Buy for 10% gains?

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Monero price of $168.94 is down -0.64% in the last 24 hours and up 6.18% in the last 7 days. Price is down -68.85% from ATH of $542.33 from Jan 9, 2018, and down 7.31% from 52-week high of $182.27. Short-term trend is Up while Medium-term trend is Up and Long-term trend is Strong Up.

In this article, we will look at XMR Crypto price analysis along with weekly analysis and news roundup.

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Monero Price Analysis

  • Price: $168.80
  • Market Cap: $3.1 billion
  • 24-Hour Trading Volume: $56 million
  • Circulating Supply: 18.4 million XMR
  • Total Supply: 18.4 million XMR
Monero Price Analysis

Approaching Resistance level of 182.4456. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 182.4456 within the next 47 days.

Weekly Price Analysis

  • Start of the Week: $169.00
  • End of the Week: $168.80

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Near-term momentum is Bearish based on MACD Signal Line crossover and Bullish based on RSI-14 center line crossover (RSI > 50). Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).

News Roundup

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Harsh Panghal
Harsh Panghal

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