- Monero (XMR/USD) still sitting far below its 200-day SMA
- daily RSI at all-time low (oversold!)
- broke major support line at $150 (when BTC -0.20% broke $7000)
- currently finding support around $120 (high volume node)
- highest volume price nodes on Bitfinex: $50, $100, $120, $165
- likely trading range for the next few weeks: $100 - $150 (depends on BTC -0.20% )
- lots of Monero FUD in circulation (mining malware, hard forks, exchange delistings, etc)
- very bullish on XMR long-term, but currently flat until BTC's next bullrun...
- daily RSI at all-time low (oversold!)
- broke major support line at $150 (when BTC -0.20% broke $7000)
- currently finding support around $120 (high volume node)
- highest volume price nodes on Bitfinex: $50, $100, $120, $165
- likely trading range for the next few weeks: $100 - $150 (depends on BTC -0.20% )
- lots of Monero FUD in circulation (mining malware, hard forks, exchange delistings, etc)
- very bullish on XMR long-term, but currently flat until BTC's next bullrun...
Note
Correction: highest volume nodes are $50, $90, $120, $165, $200, $250
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.