MONERO (XMR) Long-Term Price Forecast-December 29

2018-12-30 23:35

XMR/USD Long-term Trend: Ranging

Supply zone: $100.00, $110.00, $120.00
Demand zone: $30.00, $20.00, $10.00

XMR long-term outlook continues in a range-bound market. The bulls had a brief upper hand within the range as they pushed the cryptocurrency to $60.05 in the supply area on 24th December. This was the high of the week.

The large bearish candle at $46.20 on 25th December announced the bears' takeover as XMRUSD dropped to $46.20 in the demand area. Increased bearish momentum led to a further drop to $44.22 in the demand area as the coin ranges.

The cryptocurrency is in consolidation and trading between $65.00 in the upper supply area and at $38.00 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower demand area will occur hence patience is required before taking a position.

 

 

 

The views and opinion as expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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Monero (XMR) на Currencies.ru

$ 235.01 (+0.08%)
Объем 24H $51.041m
Изменеия 24h: 1.59 %, 7d: 2.34 %
Cегодня L: $231.84 - H: $235.98
Капитализация $4.335b Rank 28
Цена в час новости $ 48.09 (388.69%)

xmr long-term supply zone cryptocurrency pushed within

xmr long-term → Результатов: 13