Monero Technical Analysis: XMR/USD teasing price action around $100 mark, eruption looks imminent
|- Monero was seen nursing some very minor losses of just around 0.5% in the latter part of Monday's session.
- XMR/USD continues to flirt in and out of the $100 mark, a large breakout looks to be in the works, to burst out of this narrow range.
XMR/USD 60-minute chart
Relative change: -0.36%
High: 102.600
Low: 94.669
Trend: Bearish/Neutral
Support 1: 93.418, 50MA.
Support 2: 91.400, (support on 60-minute chart).
Support 3: 87/150, 14 August low.
Resistance 1: 98.983, 100MA.
Resistance 2: 102.610, (resistance on 60-minute chart).
Resistance 3: 109.225, 18th August high.
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