XMR/USD chart - Trading View
Exchange - Karken
Support: 49.45 (Mar 26 low); Resistance: 58.08 (110H EMA)
Technical Analysis: Bias Bearish
Monero (XMR) slips below 78.6% Fib retracement at 54.90, bias bearish.
XMR/USD was trading 2.98% lower on the day at 54.38 at 08:50 GMT.
The pair is extending weakness after price action breached 'Wedge base' support in last week's trade.
Momentum strongly bearish. Further, 'Death Cross' on the daily charts adds to the downside pressure.
The pair now is on track to test next support at 49.45 (Mar 26 low). Further weakness will see dip till 88.6% Fib at 46.62.
On the other side, 110H EMA offers strong resistance at 58.08. Break above 21-EMA (66.21) required for further upside.


FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
Ethereum in Consolidation: ETH Trapped in Narrow Range as Bulls Await the USD 2,000 "Buy the Dip" Opportunity
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
Bitcoin on Edge: Geopolitical Tensions Weigh on BTC as Bulls Eye the USD 64,000 "Buy the Dip" Zone
FxWirePro: EUR/AUD eases slightly but trend is still bullish 



