Monero (XMR/USD) rallied on Tuesday and broke the descending trendline.
If the rally continues we can expect price to reach the resistance level around $260.
If price starts to fall again, we may see a retest of the trendline as well as the support level around $150 before a new rally.
At the moment price is between key support and resistance levels and it's best to wait and see what it does in the next few days.
Good Luck,
CryptoTrendline
If the rally continues we can expect price to reach the resistance level around $260.
If price starts to fall again, we may see a retest of the trendline as well as the support level around $150 before a new rally.
At the moment price is between key support and resistance levels and it's best to wait and see what it does in the next few days.
Good Luck,
CryptoTrendline