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Bitcoin slightly retreated after a minor pullback. The pair hits high of $6596 and is currently trading around $6472. Any break below 5800 confirms bearish continuation.Major altcoins following foot steps of Bitcoin.
XMRUSD has shown a good recovery of more than 20% from the $96.67. The pair hits high of $116.88.
The near term resistance is around $120 (100- day MA) and any break above targets $130/$142/ $151.95.
On the lower side, near term support is around $108 (50- day MA) and any break below targets $100/$96.
It is good to buy on dips around $104-$105 with SL around $96 for the TP of $142.
