Monero (#XMR)
XMR Monero has successfully broken above a long-term downtrend resistance line.
This breakout signals a shift from bearish to bullish momentum.
The 0.618 Fibonacci retracement level has been reclaimed, confirming the breakout’s validity.
The current support zone lies between $160-$200, providing a strong foundation for further upside movement.
Targets:
Target 1: $284.31
Target 2: $359.72
Target 3: $445.65
This breakout signals a shift from bearish to bullish momentum.
The 0.618 Fibonacci retracement level has been reclaimed, confirming the breakout’s validity.
The current support zone lies between $160-$200, providing a strong foundation for further upside movement.
Targets:
Target 1: $284.31
Target 2: $359.72
Target 3: $445.65
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Subscribe to my X 👉 : x.com/VIPROSETR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.