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Monero Technical Analysis: The price is heading to a key support zone

  • Like the other major cryptos Monero is struggling on Tuesday.
  • The price is headed to the 46.10 main support area.

XMR/USD Daily Chart

The daily chart is looking very bearish at present.

Continuous lower highs and lower lows have been made.

Now the main support of 46.10 is being tested so we are at a pivotal point.

The volume is looking light so maybe the market is not behind the move lower.

If it breaks on big volume then things can change. 

 

Additional Levels

XMR/USD

Overview
Today last price 46.5767
Today Daily Change -2.6707
Today Daily Change % -5.42
Today daily open 49.2474
 
Trends
Daily SMA20 53.5379
Daily SMA50 57.0439
Daily SMA100 59.9948
Daily SMA200 74.1328
 
Levels
Previous Daily High 51.1548
Previous Daily Low 48.3865
Previous Weekly High 55.2175
Previous Weekly Low 52.1471
Previous Monthly High 67.1081
Previous Monthly Low 45.918
Daily Fibonacci 38.2% 49.444
Daily Fibonacci 61.8% 50.0973
Daily Pivot Point S1 48.0377
Daily Pivot Point S2 46.8279
Daily Pivot Point S3 45.2693
Daily Pivot Point R1 50.806
Daily Pivot Point R2 52.3646
Daily Pivot Point R3 53.5744

 

 

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