Bitcoin has shown a good recovery after hitting intraday low of 6328. Short term trend is bullish as long as support $5800 holds. It is currently trading around $6516. Any break below 5800 confirms bearish continuation.Major altcoins following foot steps of Bitcoin.
XMRUSD has shown a minor decline almost 15% after hitting high of $128.45. It is currently trading around $115.10.
The near term resistance is around $128.60 and any break above targets $142/ $151.95.
On the lower side, near term support is around $112 and any close below targets $103/$96/$76.
It is good to sell on rallies around $120-21 with SL around $128 for the TP of $96.


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