MONERO Price Prediction Today: Daily (XMR) Value Forecast – July 22


  • On the upside, if the bulls break above the EMAs,the crypto's price will rise and retest the $120 overhead resistance.
  • The crypto’s price is fluctuating between the levels of $82 and $88 .

XMR /USD Medium-term Trend: Bullish

  • Resistance Levels: $120, $130, $140
  • Support Levels: $100, $90, $80

On  June 24, the price of Monero reached a high of $120 overhead resistance but was resisted. The XMR market had been on a downward correction . At the support  of $90 price level,the bulls made attempt to pulled back price above the EMAs but were resisted. The bears overcome the bulls as they made a final push to a low at $88 price level.

The price of Monero is now ranging above the $88 support level but below the EMAs. On the upside, if the bulls break above the EMAs,the crypto's price will rise and retest the $120 overhead resistance.  The price of Monero is in the oversold region of the daily stochastic but above 20% range. This indicates that price is in a bullish momentum and a buy signal.

XMR/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XMR is in a sideways  trend. The 12-day EMA and the 26-day EMA are sloping horizontally. The crypto’s price is fluctuating between the levels of $82 and $88 . The price of Monero is in the oversold region of the daily stochastic but above 80% range. This indicates that price is in a bullish momentum and a buy signal.

Live Monero (XMR) Price:

1 XMR/USD =$245.7748 change ~ 0.81%

Coin Market Cap

$4.41 Billion

24 Hour Volume

$124.86 Million

24 Hour VWAP

$243

24 Hour Change

$1.98

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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