Home Monero Technical  Analysis: XMR/USD remains summoned to the range of death, expert calls price at just $100 by November
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Monero Technical  Analysis: XMR/USD remains summoned to the range of death, expert calls price at just $100 by November

  • Monero (XMR) price was trading in the red, down by around 1% in the latter stages of the session.
  • XMR/USD remains stuck in this potential range of death, between $122-111.
  • Analyst from expert panel at finder, projects Monero (XMR) to at just $100 by November.  

 

 

XMR/USD 60-minute chart  


 
 

Spot rate:                   112.670

Relative change:       -0.98%

High:                          113.950

Low:                           111.480

 

Trend:                        Bearish

 

Support 1:                 112.500-111.000, lower support of range block.  

Support  2:                 104.500,  support on 60-minute chart.

Support  3:                 96.500, demand zone.    

Resistance  1:            114.100, 50MA (60-minute).

Resistance  2:            115.200, 100MA (60-minute) & resistance.  

Resistance  3:            122.000, upper part of range block.

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