I believe at this point we are going to see a lot of back and forth on short-term charts.
Monero rallied a bit on Thursday to reach the $192.50 level. The $200 level just above will offer a significant amount of resistance based upon psychology, but probably not much beyond that. If we were to break above the $200 level, then the next target will be $210, where the 200-day EMA currently sits.
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On the downside, the 50-day EMA is sitting at the $180 level, an area that has been…
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