tcr_thecoinrepublic

Pullback from $215 in XMR's Price

Long
BITFINEX:XMRUSD   Monero
Monero price traded at $231 with a gain of 3.25% in the last 24-hour and 6.17% up in the weekly time-frame. Furthermore, Monero bounced back from the support of $215. In contrast, the market capitalization stands at $4 billion. Technically, investors can perceive a positive crossover in SMA, but soon it will form a negative crossover in future trading sessions. Moreover, the price movement can be towards the resistance of $240.

Resistance: $240
Support: $215

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