Monero (XMR) just tested the 500 mark and things are getting interesting on the 4H timeframe. RSI hit 70—that's overbought territory, but the chart structure looks solid. Honestly, the setup here suggests we could be looking at new ATH soon. We're only sitting about 4% away, so if we manage to break through that 500 resistance in the coming days, things could pop off. I'm eyeing 750-760 as my target zone, which seems realistic given the momentum. The technicals definitely favor a move higher if this support holds. Where are you setting your sights? What's your level to watch?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
3
Repost
Share
Comment
0/400
NotFinancialAdvice
· 5h ago
750-760? Buddy, isn't this target a bit conservative? I think we should aim higher.
View OriginalReply0
NewDAOdreamer
· 5h ago
XMR is quite interesting this time, 750-760 is indeed tempting but I'll wait to see if it can hold above 500 before making a decision.
View OriginalReply0
BearMarketMonk
· 5h ago
750-760 really... I'm looking at this RSI and it's already at 70, yet they still dare to say it's stable. It's a bit all over the place.
Monero (XMR) just tested the 500 mark and things are getting interesting on the 4H timeframe. RSI hit 70—that's overbought territory, but the chart structure looks solid. Honestly, the setup here suggests we could be looking at new ATH soon. We're only sitting about 4% away, so if we manage to break through that 500 resistance in the coming days, things could pop off. I'm eyeing 750-760 as my target zone, which seems realistic given the momentum. The technicals definitely favor a move higher if this support holds. Where are you setting your sights? What's your level to watch?