Forum Forums Monero (XMR) Forecast – Technical Analysis Monero (XMR) Technical Analysis – April 2018 Reply To: Monero (XMR) Technical Analysis – April 2018

#17581
MrHanna
MrHanna
Moderator

Well done to all those that scooped up some XMR below $200, sitting sweet.

xmrbtc forecast 19 April 2018

The market is experiencing a short term correction, brought on by the strong buying pressure the last 7 days.

I am bullish on the Monero market, should we stay above $210.

Sellers have claimed the $200 zone for now, lets see what the Bulls got!

Near term resistance – $230 – $240

Short term resistance – $320 – $340

There could be a nice play between theses zones. Safe trades y’all!