Monero Price Analysis: XMR Coin Shows A Strong Demand Zone Below The 0 Mark, With A Daily Hammer Candle – Cryptocurrency News – The Market Periodical

Monero Price Analysis: XMR Coin Shows A Strong Demand Zone Below The $180 Mark, With A Daily Hammer Candle – Cryptocurrency News – The Market Periodical

  • XMR coin chart shows a death crossover of the 50 and 200-day EMA in the daily time frame
  • The XMR/BTC pair was trading at 0.006192 BTC with a loss of 1.63 %
  • The current price of the XRM coin is $184.1, with an intraday loss of 2.48%

The XMR coin shows a formation of a descending triangle pattern in the daily frame. The price is currently at the key support of this pattern and suggests another bounce from here with a bullish hammer candle. 

This $180 support level is quite crucial for…


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