Bitcoin recovering slightly after a major sell-off. The pair hits low of $6126 and is currently trading around 6460. Any break below 5800 confirms bearish continuation.Major altcoins especially Ethereum is trading higher more than 8%.
XMRUSD has shown a good recovery of more than 15% from the $96.67. The pair hits high of $113.57.
The near term resistance is around $118 and any break above targets $130/$142/ $151.95.
On the lower side, near term support is around $96 and any break below targets $87/$76.
It is good to buy on dips around $104-$105 with SL around $96 for the TP of $142.