Talking about Monero...
Monero is having a strong position and currently is among the biggest single-digit gainers in the crypto market especially when considering the top 20 digital assets. The market retraced following the gains that came just before Christmas. The market is currently in the green zone and it is believed that 2019 will see the assets break out of bear range and record significant gains.
At the moment of writing, Meanwhile, Monero is trading at $46.99 at the time of writing. This comes after a loss of 0,47% during this day. Like most of the cryptos during the previous days, Monero caved in at the grip of the bears in the past few days. The crypto corrected lower breaking below a couple of support areas highlighted the 61.8% Fib retracement level of the last upward swing of $53.16 and a low of $53.76, marginally below $50.00. The other broken support is at $44.00, although the Monero formed a low at swing low before resuming the current surge.
Following the trend, Monero is going to be in the range of $47-48,5
At the moment of writing, Meanwhile, Monero is trading at $46.99 at the time of writing. This comes after a loss of 0,47% during this day. Like most of the cryptos during the previous days, Monero caved in at the grip of the bears in the past few days. The crypto corrected lower breaking below a couple of support areas highlighted the 61.8% Fib retracement level of the last upward swing of $53.16 and a low of $53.76, marginally below $50.00. The other broken support is at $44.00, although the Monero formed a low at swing low before resuming the current surge.
Following the trend, Monero is going to be in the range of $47-48,5
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.