XMR breaks down on the short term chart. Medium term chart provides enough support. Monero bulls may have been fretting the fall off on the short term chart, but they have a helping hand in the form of another support around the corner in the medium term chart. XMR/USD is down more than 1 percent on day at $103.16 and in less than one percent range for the day. On the hourly chart, XMR broke down of a key support line, which on the face of it looks deadly, but there comes a solace on the 480-minute chart. There’s another support on the 480-minute chart, which won’t let the crypto fall below the crucial $100 mark so soon. But if broken, could result in another 15-20 percent fall in XMR. XMR/USD 60-minute chart: XMR/USD 480-minute chart: 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 Bitcoin Cash price analysis: Another falling wedge, bullish but not enough FX Street 4 years XMR breaks down on the short term chart. Medium term chart provides enough support. Monero bulls may have been fretting the fall off on the short term chart, but they have a helping hand in the form of another support around the corner in the medium term chart. XMR/USD is down more than 1 percent on day at $103.16 and in less than one percent range for the day. On the hourly chart, XMR broke down of a key support line, which on the face of it looks deadly, but there comes a solace on the 480-minute chart. There's another… 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.
