1
Monero price currently trades at $163.1 while witnessing a 0% change at the time of writing.
2
XMR price has slipped below 20-day EMA but still trades above 50,100 and 200-day EMAs.
3
The year-to-date return of Monero is 10.73% while the six-month return is -7.33%.
XMR’s price ran to the upside in a way it never has before during the end of June, after forming the support level of $133. The cryptocurrency price was bullish for thirteen consecutive days and formed a high of 172.7.
Following the bullish rally, Monero’s price entered into a consolidation zone ranging between $170 and $160. The oscillation was going on since the start of July which show that bulls are holding on to their position and expect another bullish rally.
If buyers can push the price above $170, XMR/USDT might start the next leg of the upward move. The next bullish move can skyrocket the price toward the annual high and resistance level of $188.
Is Monero
We współpracy z: https://www.thecoinrepublic.com/2023/07/30/monero-price-prediction-will-xmr-break-160-in-near-future/
