- Monero(XLM) is 9% on a 24 hour trade price, the highest of all top 30 today.
- XLM/USD breaks the resistance at $64.40 and sustains at $64.93.
Monero(XLM) turns out to have a good swing week, the price opened with $60.37 against USD and since then holds a bullish momentum.
This Winner has gained 9.02% since its 24 hour trade and is the only coin to score Big, only Bitcoin(btc) and Ethereum ( ETH ) are closer with 6.74% and 3.26% respectively.
Monero(XLM) is at 14th Position with $1Bn+ market Capitalizations with $117 million, average daily trading volume.
Technical Analysis
After breaking the $60 wall on Thursday trade time , the Momero(XLM) took a bullish ride and continued to break key resistance at $62.50 and $64.00 .
The XLM also jumped above the daily SMA200 level and , but faces a slight bearish correct swing from $65.77 Intraday high to $64.92 currently.
The Price continues to range in $64.00, while creating next resistance level at $66.00 and if this is broken the asset will gain traction, with next 4 hours targeting $68.00 .
If there is a Bearish correction, losing the momentum would hit hard with lower support levels at $60, $58.05 , $57.00 going below the 200SMA average level.
With the Ranging prices , The market Sentiments now seems a little bearish but buyers still can go for buying some XLM coins.
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