XMR price declines to $154.95 as the bears retake the lead from CoinEdition
#XMR #price #declines #bears #retake #lead #CoinEdition Welcome to Alaska Green Light Blog, here is the new story we have for you today:
©Reuters. Monero Price Analysis: XMR Price Drops to $154.95 as Bears Retake The leading Monero price analysis is bearish today as the price falls over 0.53 percent. continued sideways overnight at $154.95, further decline is expected in the near future. Buying pressure is still not returning as bears take control of the market and push the price down to $154.95 at the time of writing.
Monero price analysis shows that the XMR/USD pair is currently in a bearish trend. The market has been in a downtrend since the start of today. Despite being bullish yesterday, the bears managed to take control of the market and push the price down to $154.95. Therefore, XMR/USD is poised to continue lower and push back towards the $150.87 support. The resistance for the Monero price analysis is $152.80 and the support is $156.64 which can be broken depending on the market movement.
The one-day Monero price analysis shows that the XMR/USD pair is currently in a bearish trend. It seems that the market has lost momentum in the last 24 hours. The XMR/USD pair is currently trading at $154.95 after hitting highs of $156.80 and lows of $152.80 respectively. The market is in a downtrend as it lost about 0.53% of its value today. The XMR/USD pair is currently in a bearish trend as market sentiment remains negative.
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