- Monero was seen holding chunky gains of over 5% in the latter stages of trading on Friday.
- XMR/USD price action is bouncing higher within an ascending channel, sen on the 60-minute chart.
XMR/USD 60-minute chart
Spot rate: 96.290
Relative change: +2.79%
High: 98.416
Low: 90.664
Trend: Bullish
Resistance 1: 98.416, today’s (Friday) high.
Resistance 2: 99.580, resistance on 60-minute chart & upper trend line of channel.
Resistance 3: 101.370, supply zone.
Support 1: 96.120, lower part of ascending channel.
Support 2: 92.330, 50MA.
Support 3: 89.340, 100MA.
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