Monero’s currency price (XMRUSDT) rallied in the intraday levels, buoyed by trading above the 50-day SMA, amid the dominance of the main upward trend, while a positive divergence forms in the RSI after reaching oversold levels compared to the price’s movements, sending out positive signals.
Therefore we expect more gains for the price, targeting the pivotal resistance of $234.46, provided the support of $182.30 holds on.
Trend forecast for today: Bullish
