XMR USDT recently broke out of a pennant formation (red) and its 100 day moving average (pink line), signalling a strong upward move to new highs.
We currently building support at diagonal support line 2.
If strength continues I think we see XMR range bound between lines 0 and 1, with lines 1 and 2 as support
Watch RSI to see if we can breach above 70. If we do, $30 USDT is well in sight
We currently building support at diagonal support line 2.
If strength continues I think we see XMR range bound between lines 0 and 1, with lines 1 and 2 as support
Watch RSI to see if we can breach above 70. If we do, $30 USDT is well in sight