- Monero (XMR) price was trading in the red, down by around 1% in the latter stages of the session.
- XMR/USD remains stuck in this potential range of death, between $122-111.
- Analyst from expert panel at finder, projects Monero (XMR) to at just $100 by November.
XMR/USD 60-minute chart
Spot rate: 112.670
Relative change: -0.98%
High: 113.950
Low: 111.480
Trend: Bearish
Support 1: 112.500-111.000, lower support of range block.
Support 2: 104.500, support on 60-minute chart.
Support 3: 96.500, demand zone.
Resistance 1: 114.100, 50MA (60-minute).
Resistance 2: 115.200, 100MA (60-minute) & resistance.
Resistance 3: 122.000, upper part of range block.