XMR/USD went up from $82.40 to $83.60 in the early hours of Friday. Technical indicators show decreasing market volatility. XMR/USD is currently trending in an upwards channel formation, as the bulls are set to dominate for the third day in a row. The bulls have been in full control after XMR/USD charted the morning star pattern. The hourly price breakdown shows that XMR/USD fell to $80.75 before the bulls took control and took the price up to $82.40. The bears attempted to check the price down to $82.06 before the bulls took it back up to $83.60. XMR/USD daily chart The latest price action took the bulls past the resistance offered by the 20-day simple moving average (SMA 20) curve. The price chart is trending below the SMA 50 curve and above the SMA 200 curve. The narrowing of the 20-day Bollinger jaw indicates decreasing market volatility. The Elliot oscillator has had eight straight bullish sessions, while the moving average convergence/divergence (MACD) indicates sustained bullish momentum. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Cryptocurrency market update: Crypto bulls win back lost positions FX Street 4 years XMR/USD went up from $82.40 to $83.60 in the early hours of Friday. Technical indicators show decreasing market volatility. XMR/USD is currently trending in an upwards channel formation, as the bulls are set to dominate for the third day in a row. The bulls have been in full control after XMR/USD charted the morning star pattern. The hourly price breakdown shows that XMR/USD fell to $80.75 before the bulls took control and took the price up to $82.40. The bears attempted to check the price down to $82.06 before the bulls took it back up to $83.60. XMR/USD daily chart… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
