Monero [XMR] is on a stable uptrend. XMR has broken out from the resistance level of $96.576 and has started trading above $100. The buyer pressure seems to be rising and prices are exhibiting a breakout at bullish momentum.Source
The 100 EMA line trading at $92.3859 is exhibiting an uptrend. The key support level at $79 seems to be holding strong. Buyers seem to be gaining traction and the MACD is traced in the bullish zone. The prices will take a while to touch the key resistance level set at $118. XMR is currently trading at $101.20 and is gaining against USD by 10.48%.
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