Monero is trading 2% higher on the session while the crypto majors have fallen. The price has just dipped under 60.00 but looks like forming a base. XMR/USD Daily Chart XMR/USD is forming a clear base between 51.16 and 67.10. The fact that it is holding above lows despite bearishness elsewhere is a positive sign. These two levels mentioned above will become the major support and resistance levels for the current consolidation period. Only once the price has broken either side can we be confident on the future trajectory of the price. The plus point for the bulls the fact that the wave low is still intact despite all the other cryptos falling today. The RSI indicator is still holding close to positive territory (above 50) despite the break lower in recent times. Additional Levels 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 USD/CAD Technical Analysis: Greenback spikes up and approaches three-day highs against CAD FX Street 3 years Monero is trading 2% higher on the session while the crypto majors have fallen. The price has just dipped under 60.00 but looks like forming a base. XMR/USD Daily Chart XMR/USD is forming a clear base between 51.16 and 67.10. The fact that it is holding above lows despite bearishness elsewhere is a positive sign. These two levels mentioned above will become the major support and resistance levels for the current consolidation period. Only once the price has broken either side can we be confident on the future trajectory of the price. The plus point for the bulls the… 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.
