TradingView
chartsdragonbtc
Dec 12, 2018 11:47 PM

XMR/BTC: Update 

Monero / BitcoinBitfinex

Description

XMR broke down past the support box in blue around 0.013, looking to the next support in the red box around 0.011

Historically, XMR does not stay down in these ranges for long, which is why the purple line has a bounce happening.

Resistance would now be the 0.013 area, and I was somewhat surprised to see this breakdown as that was a strong area of support.

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