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XMR/USD chart - Trading View
Exchange - Binance
Support: 64.10 (55-EMA); Resistance: 73 (Upper BB)
Technical Analysis: Bias Neutral
- XMR/USD edges higher on the day, trades 3.58% higher at 68.53 at 11:00 GMT
- The pair has bounced off 55-EMA support and has retraced above 21-EMA
- Price action is consolidating above 200-DMA and daily cloud support
- Technical indicators on the daily charts are biased neutral
- That said, 'Golden Cross' formation on daily charts keeps scope for upside
- Close above 5-DMA will see retest of trendline resistance at 75.50
- Break below 55-EMA will see drag till 200-DMA at 61.30. Decisive break below 200-DMA required for bullish invalidation
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
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Crypto Technicals: XMR/USD bounces off 55-EMA support, 'Golden Cross' keeps scope for upside
Friday, May 10, 2019 11:18 AM UTC
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