Monero trades between a resistance zone and a support zone, under liquidity.
On the 1H Timeframe, 50EMA and 200EMA form a "cross of death" pattern.
I expect a fall if the price fixes below the support level. Further movement will depend on price reaction to the support zone.
On the 1H Timeframe, 50EMA and 200EMA form a "cross of death" pattern.
I expect a fall if the price fixes below the support level. Further movement will depend on price reaction to the support zone.