Bitcoin has broken $7000 level after long consolidation and is holding above that level. The pair hits high of $7429 and is currently trading around 7245. Any consecutive weekly close above 7000 confirms minor bullishness and a jump till 7965 likely. Major altcoins also trading higher in footsteps bitcoin.
XMRUSD has shown a good jump of more than 65% after hitting low of $76. It hits high of $128 and is currently trading around $121.
XMR declined continuously from the minor top of $151.95 till $76 almost more than $75. The pair is trading high for past two weeks.
The near term resistance is around $128.25 and any break above targets 151.95/180 (200- day MA).
On the lower side, near term support is around $113 (55- day EMA) and any break below targets $100/$95.70.
It is good to buy on dips around $107-$108 with SL around 95 for the TP of $151/$180.
