XMR/USD is floating above the SMA 20 and SMA 50 curves. The RSI indicator is trending around 62.15. XMR/USD is trending in an upwards channel formation, despite having a bearish start to the day. So far this Thursday, XMR/USD has gone down from $65.50 to $65. This follows a heavily bullish Wednesday wherein Monero went up from $62.25 to $65.25. The hourly breakdown of Wednesday and Thursday shows us that XMR/USD bulls managed to bounce off intraday support at $62. The price gathered enough momentum to go up to $65.50, before settling around $65. XMR/USD daily chart The daily price is floating around the 20-day Simple Moving Average (SMA 20) and SMA 50 curves. The Moving Average Convergence/Divergence (MACD) indicates decreasing bullish momentum, while the Elliott Oscillator has had two green sessions following six straight red sessions. The Relative Strength Index (RSI) indicator is trending around 62.15. 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 When is the German Preliminary Q3 GDP and how could it affect EUR/USD? FX Street 3 years XMR/USD is floating above the SMA 20 and SMA 50 curves. The RSI indicator is trending around 62.15. XMR/USD is trending in an upwards channel formation, despite having a bearish start to the day. So far this Thursday, XMR/USD has gone down from $65.50 to $65. This follows a heavily bullish Wednesday wherein Monero went up from $62.25 to $65.25. The hourly breakdown of Wednesday and Thursday shows us that XMR/USD bulls managed to bounce off intraday support at $62. The price gathered enough momentum to go up to $65.50, before settling around $65. XMR/USD daily chart The daily price… 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.