Monero Price Analysis – August 30
At the moment, the Monero price faces the positive side as the bulls aim to drag the market price to the resistance level of $342.
XMR/USD Market
Key Levels:
Resistance levels: $341, $350, $390
Support levels: $243, $230, $210
XMR/USD price is now trading close to $320 as it hovers around the $315 resistance level at the time of writing. The Monero price could move upwards if the crypto crosses above the upper boundary of the channel. However, XMR/USD may hit the resistance level of $341 if the bulls focus on the uptrend.
At the moment, the Monero price faces the positive side as the bulls aim to drag the market price to the resistance level of $342.
XMR/USD Market
Key Levels:
Resistance levels: $341, $350, $390
Support levels: $243, $230, $210
XMR/USD price is now trading close to $320 as it hovers around the $315 resistance level at the time of writing. The Monero price could move upwards if the crypto crosses above the upper boundary of the channel. However, XMR/USD may hit the resistance level of $341 if the bulls focus on the uptrend.