Monero Technical Analysis: XMR/USD shoots for the starts in huge come back rally, in a mission for $100 reclaims
|- Monero was seen up in the late part of Wednesday's session, with gains seen above 9%.
- XMR/USD staged a decent rebound, with a mass recovery of losses being seen across the market.
XMR/USD 60-minute chart
Relative change: +9.05%
High: 94.182
Low: 84.212
Trend: Bullish
Resistance 1: 94.182, supply zone & high of session area.
Resistance 2: 97.150, (resistance on 60-minute chart).
Resistance 3: 100.000, psychological resistance.
Support 1: 90.398, 100MA.
Support 2: 87.800, demand zone..
Support 3: 86.303, 50MA.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.