XMR has been on a steady downward trend and has broken the 50 day support. Next major supports are at the 100 day and 200 day; if it fails to bounce then could see it drop into the support zone of 0.015-0.018 BTC which would also have it fall in line with a major historical trend line.
At what point do you think XMR starts to recover?
ARK has been on a gradual slide over the past while. Has threatened to break the downtrend more than a few times but has ultimately failed and now there are a few likely points where it could rebound or continue to fall.
- Key fib levels have corresponded to where support has been found during the current dip.
- Today was the first time during this dip that an...
