Monero (#XMR)
Monero (#XMR)
XMR Monero has successfully broken above a long-term downtrend resistance line.
This breakout signals a shift from bearish to bullish momentum.
The 0.618 Fibonacci retracement level has been reclaimed, confirming the breakout’s validity.
The current support zone lies between $160-$200, providing a strong foundation for further upside movement.
Targets:
Target 1: $284.31
Target 2: $359.72
Target 3: $445.65
XMR Monero has successfully broken above a long-term downtrend resistance line.This breakout signals a shift from bearish to bullish momentum.
The 0.618 Fibonacci retracement level has been reclaimed, confirming the breakout’s validity.
The current support zone lies between $160-$200, providing a strong foundation for further upside movement.
Targets:
Target 1: $284.31
Target 2: $359.72
Target 3: $445.65
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