- The XMR token continues to grow and may soon touch $300.
- The EMAs are rising higher and may briefly generate bullish crossovers.
- The XMR/BTC pair is trading at 0.006035 BTC with an intraday down move of -2.73%.
XMR Token price ranges grow after taking support from $200, leading to an uptrend resulting in an almost 40% gain. The token price may soon hit the roof of $300 as the demand for the token grows.
In the past few days, the growth in overall buying pressure casts a strong uptrend possibility that may drive the prices even higher than $300. Investors may even ding the token creating a new all-time high if it sustains above the $300 mark.
As per the daily timeframe, the coin price trades above all the significant EMAs – 20, 50, 100, 200 with a significant gap. Moreover, the EMAs are rising higher and may soon deliver bullish crossovers.
Also, the token price is moving higher than the parabolic SAR projecting an uptrend.
Today’s live XMR token price is $15.42 at writing time. There has been a +48% rise in intraday trading volume. Moreover, the token’s market capitalization has risen by +13.82% over the past 24 hours.
XMR Token Price Sustains Above Critical Pivot Level
XMR token price is taking support from a critical support pivot level and may soon continue to rise higher. Investors may see the uptrend continue above the $300 mark if the bullish market persists.
RSI indicates a rise underlying bullishness as the slope of RSI approaches the overbought zone.
ADX indicators project a gradual rise in the trend momentum.
Conclusion – XMR Token price may soon reach the $300 mark, and the trend may show some reversal as the level is a solid resistance area. However, the breakout may act as an entry spot for various bullish traders and investors.
Support – $200 and $100
Resistance– $300 and $370