XMR/USD chart - Trading View
Exchange - Bitfinex
Support: 53.46 (5-DMA); Resistance: 56.26 (21-EMA)
Technical Analysis: Bias turning bullish
Monero has resumed upside after brief pause on Thursday's trade, bias has turned slightly bullish.
XMR/USD was trading 1.84% higher at 55.371 at 07:00 GMT after closing 2.77% lower in the previous session.
Upside finds stiff resistance at 21-EMA at 56.26, break above will fuel further upside in the pair.
The pair is trading in a 'Descending Triangle' pattern and technical indicators are turning slightly bullish.
5-DMA is now biased higher and Stochs and RSI have rolled over from oversold levels and are biased higher.
Breakout at 21-EMA will see further gains. Next hurdles on the upside lie at 55-EMA 59.40 ahead of Triangle top at 61.35.


FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



