# XMRUSD

#XMRUSD
Monero has surprised lately, with the price initially jumping to $318, and after a pullback and a long candle wick, it sharply went up again, reaching $328. A new long candle wick appeared, followed by a pullback to $253. Although the Connor RSI is in the oversold zone, bearish pressure will still increase, and the price will drop to $230. If there are open positions, it makes sense to secure a portion. Theoretically, it might be possible to touch the resistance at $335 in May, but there are plenty of coins that will show a much better result.
From a fundamental point of view, it is d

#CryptoObservers #XMRUSD
Monero, despite bearish patterns and frequent pullbacks, is confidently moving upwards. Since the last post, it managed to rise first to $235.45, then pulled back to $196.18, after which a new high was set at $242.63. The general pullback brought the price to the 38.2% Fibonacci, but the price did not linger at the bottom and quickly returned to $221, with a long lower shadow forming. After the consolidation ends, the price will move towards $280.
Third-party analysts: If the current trend continues, XMR could rise to $289.11, the highest level it reached in April 202

#TopContentChallenge #XMRUSD
Despite a significant drop down to almost 61.8% Fibonacci (at that time the level was slightly lower), the bulls managed to turn the price upwards and even set a new nearest high at $230.57. The shooting star prevented further upward movement, and even a "Head and Shoulders" pattern appeared. The bullish hammer delayed the pattern's completion, however, a bearish engulfing pattern emerged and the price is heading downwards. Nevertheless, the correction is unlikely to exceed 23.6% Fibonacci.
The reason for the earlier growth can be attributed to the appearance on t

#CryptoObserversq #XMRUSD
Monero has been showing some stability for a long time. On the one hand, this is good because it creates a basis for a push higher, but on the other hand, it is not good that the bulls have not taken advantage of the general rally that has been going on for the past few months. The price rose just above $178 and rolled back to almost 61.8% Fibonacci, narrowly avoiding a trend change. For now, most technical indicators signal bearish, but if it manages to move higher, the price will likely rise to just over $200.
A video leak from the analytical company Chainalysis h