Monero [XMR]: Bears should be cautious about the $157.1 support

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion XMR was in the oversold zone with high selling pressure but with a likely trend reversal. A sharp increase in open interest rates could influence trend reversal. Monero (XMR) lost about 15% of its […]

XMR found steady support at $166.68 during the first phase of its price correction. However, the recovery was stopped by intense selling pressure , prompting bears to come out in droves.

Therefore, XMR could recover and aim at the immediate resistance targets like $162.58 and $164.26 in the next few hours/days.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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