Monero price analysis: At a critical support, strong trigger needed to break past the barrier

in #life7 years ago (edited)

Monero price is sittting just at a critical long term support and it won't be easy for bears to break it lower, having said that, bulls need a strong trigger to make it cross past the resistance trendline formed by lower highs from drawn from April high.

  • XMR at a critical long term support.
  • Needs a strong trigger for a sharp bounce.

ref: https://www.fxstreet.com/cryptocurrencies/news/monero-price-analysis-at-a-critical-support-strong-trigger-needed-to-break-past-the-barrier-201805270640