Welcome back XMR Bulls. XMR is on a bit of a tear at the moment, having broken above the red dotted trend line forming a nice hammer candle, Green 2 on the TD count.
XMR peaked at 0.008055 so far this week. If it does stay above and closes the week out above the trend line, we could see a few more weeks of positive action out of XMR, seeing the weakness in BTC following the SBF FTX debacle.
Let her rip I say.
Money flow is still above the zero line. Volume and Price Oscilllator from Neobutane is creeping higher, but has flashed an overbought signal. But I don't think it will begin to pull back until the purple price oscillator line gets in to the orange band, so things are looking up at this stage. Let's see how the Sunday weekly close play out.
Worth your time