Monero Sitting Just Below Major Resistance

Monero Sitting Just Below Major Resistance

You cannot have Monero going higher for any sustained amount of time without the big coins doing the same thing.

Monero has rallied a bit during the trading session on Wednesday as we are dancing around the $190 level. The 50 Day EMA sits underneath and is offering a bit of dynamic support, but at the same time, we have the 200 Day EMA above at the $210 level offering resistance. In other words, we are currently being squeezed between these two major indicators.

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If we do break…


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