CryptoWhistle - Crypto Currency Tracker logo CryptoWhistle - Crypto Currency Tracker logo
Cryptopolitan 2021-08-18 19:55:31

Monero price analysis: Monero shoots past $260 amid bullish momentum

TL;DR Breakdown Monero price analysis shows that further boost maybe expected above $260.47.Today, market has experienced a tremendous rise in the price value.Support level goes up to $250.85, as per the latest analysis. The up-to-date Monero price analysis is showing a heightening momentum from the bullish side. The price levels have covered an exceedingly wide range, as the bullish momentum has proved to be quite a blow for the bears. The price levels have returned to $255.5, their former high, causing the bearish control to collapse. The support levels are also rising above $250.85 and may reach a new height soon if the bullish momentum strengthens even further. XMR/USD 1-day price chart: Bullish momentum stimulates after constant rejection The 1-day Monero price analysis is displaying encouraging signs for the buyers, and motivating them to further add to the asset value. Despite the previous week experiencing a crossover of SMA 20 over SMA 50, the latest trends have proved negative for cryptocurrency. In the past two days, bearish superiority was observed, yet today, a commendable rise in price has happened above $260 resistance. This value is extremely near to the moving average (MA) which is the mean price value i.e. $266.04. Yet, the volatility is decreasing and the Bollinger bands average has also reduced to $256.5 which is a negative indication for the future as per Monero price analysis. XMR/USD 1-day price chart. ...

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine