- Monero XMR price crashes through key near-term support on Wednesday, down as much as 1.90%.
- XMR/USD was being supported by an ascending trend line, which had been comforted since 29th October.
XMR/USD 4-hour chart
Spot rate: 106.96
Relative change: -1.90%
High: 112.70
Low: 106.80
Trend: Bearish
Support 1: 105.06, 3 November low area & support.
Support 2: 100.98, 29 October low.
Support 3: 100.00, psychological support & demand area.
Resistance 1: 107.97, underneath breached trend line.
Resistance 2: 109.16, 50MA (4-hour).
Resistance 3: 114.00, choppy supply area.
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