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XMR/USD chart - Trading View
Exchange - Binance
Support: 75.14 (21-EMA); Resistance: 84.40 (5-DMA)
Technical Analysis: Bias Bearish
Monero extends weakness in sync with the crypto space
Price action is holding support at 21-EMA, break below will see weakness
RSI has rolled over from overbought levels and Stochs are on verge of bearish rollover
Bearish divergence on RSI and Stochs keeps scope for weakness
Break below 21-EMA will see dip till 66.35 (trendline support)
Major trend is still bullish. Bearish continuation below 200-DMA
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
