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Monero (XMR) Aims to Reclaim $100 After Breakout
In brief
XMR has broken out from the $88 resistance area and a descending resistance line. The next resistance is found at $126.
Daily technical indicators are bullish.
XMR/BTC is expected to move towards ₿0.014.
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The Monero (XMR) price has broken out from a long-term resistance area and validated it as support and is expected to continue moving upwards towards $125. At the beginning of August, XMR broke out from a descending resistance line that had been in place for over a year. Afterward, the price broke out above the March highs at $88 and validated the area as support after. The next
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