Bitcoin has lost more than 1000 points from yesterday high in 3 minutes and hits low of 6921 at the time of writing.The pair hits low of $6300 and is currently trading around 6494. Major altcoins also shown a huge sell-off following footsteps of bitcoin.
XMRUSD has lost more than 20% from the high of $141.68. The pair declined till $107.97 and is currently trading around $115.98. It has taken support at 20- day MA and shown a minor recovery.
The near term resistance is around $130 and any break above targets 142/ 151.95/180 (200- day MA).
On the lower side, near term support is around $106 (20- day MA) and any break below targets $100/$87/$76.
It is good to buy on dips around $120 with SL around $113 for the TP of $151/$180.
