Monero has pushed toward the 60.00 area on Monday as bullishness kicks in. There is a firm channel on the 4-hour chart that has been well respected. XMR/USD 4-hour chart Monero has been bullish inline with the rest of the crypto world on Monday. The price has recently just stalled ahead of the psychological 60.00 level. The market is making consecutive higher highs and higher lows. The red resistance line is from a higher timeframe and was used as a decent support and resistance zone in the past. The next level up is at 65.30 and again is a very important historical level. On the downside, The blue 55 EMA could be used as support. That level is very close to the green zone which is a level from one of the previous wave highs. Naturally, it is also pretty close to the 50.00 level. The RSI indicator is in the overbought area and now looks to be turning lower. This could indicate the market will be in for a short term reversal before the trend continues. Additional levels 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 Billionaire CEO explains how BTC can stand to gain from the current economic crisis FX Street 2 years Monero has pushed toward the 60.00 area on Monday as bullishness kicks in. There is a firm channel on the 4-hour chart that has been well respected. XMR/USD 4-hour chart Monero has been bullish inline with the rest of the crypto world on Monday. The price has recently just stalled ahead of the psychological 60.00 level. The market is making consecutive higher highs and higher lows. The red resistance line is from a higher timeframe and was used as a decent support and resistance zone in the past. The next level up is at 65.30 and again is a very… Top 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.
