Monero (XMR) Analysis 7/30 XMR-USD

The price of Monero (XMR / USD) continues to move sideways in a trendless range between $115.00 and $140.00, heading for the large downtrend line.

If the price touches the line, it will be exciting. Many market participants focus on this trend and also want to know what is happening there.

I assume that the line is no resistance this time and the breakout will take place on the top. Should this happen, the next target price would be in the $223.00 range. There it should come to a charttechnical resistance.

This is NOT investment advice and does not require buying or selling. Every reader is aware of this and makes their own investment decision with their own understanding of risk management!

Cheers Jessy