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FxWirePro: Monero (XMR/USD) trades slightly above 23.6% fib, jump till $112 likely

Bitcoin has shown a minor recovery of more than 12% from the low of $5858. The altcoins is following footsteps of Bitcoin.

The pair has shown a good jump of more than 25% after hitting low of $76. It hits high of $97.13 and is currently trading around $95.79.

XMR declined continuously from the minor top of $151.95 till $87 almost more than $60. The pair took support near major trend line and showed a minor jump from that level.

The near term resistance is around $94.50 (23.6% fib) and any break above confirms minor bullishness. Any violation above targets $103/$111.35.

On the lower side, near term support is around $90and any break below targets $77/$70.

It is good to buy on dips around $90-90.50with SL around $85 for the TP of $112/$122.

 

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November 16 21:00 UTC Released

UST Flows,Incl.Swaps

Actual

16.7 Bln USD

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111.5 Bln USD

November 16 21:00 UTC Released

USOverall Net Capital Flows

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-29.1 Bln USD

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108.2 Bln USD

January 31 00:00 UTC 418928418928m

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2016 bln ARS

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2016 bln ARS

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January 22 19:00 UTC 430748430748m

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-1541 %

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 430748430748m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 418928418928m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 418928418928m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 418928418928m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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