Monero (XMR) Price Prediction: Resistance Level of $165 May Be Tested
Join Our Telegram channel to stay up to date on breaking news coverage Monero May may break out soon Monero (XMR) Price Analysis: October 08 When the bulls increase their momentum, the resistance level of $152 may be penetrated upside, which may increase Monero to high of $165 and $185 levels. When there is a breakout at $144 support level , Monero price will decrease towards $134 and $124 levels. Resistance Levels: $152, $165, $185 Support Levels: $144, $134, $124 XMRUSD Long-term Trend: Bullish Monero is bullish on the daily chart. The bearish trend that commenced three weeks ago has placed the price at the support level of $134. The level was tested twice within three weeks and this indicate that bears’ pressure could not withstand the barrier at the mentioned level. The price is facing the north at the moment. The $144 resistance level is penetrated upside, it is testing $152 resistance level. Monero price is trading above the 9 periods EMA and 21 periods EMA a...