XMR/USD chart - Trading View
Exchange - Kraken
Support: 75.35 (trendline); Resistance: 85.75 (cloud base)
Technical Analysis: Bias Bearish
XMR/USD slumps lower for the second straight session, trades around 5% lower at 81.61 at 07:25 GMT.
Recovery in the pair was capped below major trendline resistance and the pair has slipped below daily cloud.
Price action has retraced break above 200H SMA, and volatility is rising on the intraday charts.
Momentum with the bears. RSI is well below 50 levels and biased lower. Hidden bearish divergence on RSI likely to plummet prices.
Scope for test of immediate support at 78.59 (50% Fib). Further weakness will see dip till trendline support at 75.35.
Major trend is sideways. Price action rages in 'Symmetric Triangle' pattern. Breakout will provide clear directional bias.


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700
FxWirePro- Major Crypto levels and bias summary
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 



