XMR/USD chart - Trading View
Exchange - Bitfinex
Support: 49.562 (Lower BB); Resistance: 54.943 (21-EMA)
Technical Analysis: Bias turning bearish
Monero is extending sideways grind as bulls unable to break stiff resistance at 21-EMA (currently at 54.943).
XMR/USD was trading 0.66% lower at 54.025 at 11:15 GMT, after closing 0.45% higher in the previous session.
Major trend in the pair is bearish as evidenced by the GMMA indicator, scope for downside resumption.
Recovery from multi-month lows at 46.101 has paused at 21-EMA, pair is extending sideways.
Technical indicators are turning bearish. Stochastics RSI is on verge of rollover from overbought levels.
The pair is currently holding support at 20-DMA at 53.484. Break below will see dip till lower BB at 49.562.


FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD stays defensive ahead of key U.S. inflation data
FxWirePro: EUR/AUD scales one-week peak after ECB rate hike
Gold Loses Luster Amid Rising US Bond Yields, Iran Conflict; Sell on Rallies Advised
Upbeat UK GDP Fails to Lift GBP/JPY as Bears Target 207
FxWirePro: USD/ZAR bearish again as upside bias reverses
JPY Major Currency Score: All Bearish
FxWirePro: EUR/NZD gaining momentum for a move towards 2.0100 level
Bitcoin Consolidates Near $78K: Will Strong ETF Inflows Trigger a Breakout to $90K?
EUR/USD Defies ECB Rate Hike to Reclaim 1.1600: Technical Setup Points to Buy-on-Dips Opportunity
FxWirePro- Woodies Pivot (Major) 



