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Monero Technical Analysis – Eyeing Resistance Levels – 14/09/18
Monero’s XMR rallied by 7.32% on Thursday, more than reversing Wednesday’s 1.11% fall, to end the day at $112. Upward momentum from a late Wednesday recovery continued into Thursday, with Thursday’s opening price $104.36 also being the intraday low of the day, Monero’s XMR holding well above the day’s first major support level at $98.66. Following a relatively range bound early part of the morning, a broad based market rally saw Monero’s XMR break through the first major resistance level at $107.79 and second major resistance level at $111.23 to an early afternoon intraday high $116.66 before easing back ... (full story)
