XMR stuck in a parallel channel, consolidation is the name. May remain in this range for few more days. Monero has found itself stuck in a narrowing range of a parallel channel and may spend some time in this range before any meaningful breakout or breakdown occurs for this coin which has not done much in the last few weeks of bull run. XRM/USD is up more than one percent on day at $69.883 in a 2 percent ranged trading for the weekend so far. On the six-hour chart of this coin, as visible it has spent quite a lot of time in this narrow range that is not even 10 percent. It may take few more days for the bulls or bears to come back in action for this coin, till then narrower consolidation is the name of the game. Immediate resistance placed at $71 and support at $64. XMR/USD 240-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 GBP: Expect A More ‘Live’ BoE Meeting In August On Building Inflationary Pressure – Citi Yohay Elam 4 years XMR stuck in a parallel channel, consolidation is the name. May remain in this range for few more days. Monero has found itself stuck in a narrowing range of a parallel channel and may spend some time in this range before any meaningful breakout or breakdown occurs for this coin which has not done much in the last few weeks of bull run. XRM/USD is up more than one percent on day at $69.883 in a 2 percent ranged trading for the weekend so far. On the six-hour chart of this coin, as visible it has spent quite a lot… 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.
