From TradingView · · 40s
Monero Price Breaks Key Fibonacci Level
Monero price tests critical 0.618 Fibonacci resistance at $599.94.
In brief
Monero price tests critical 0.618 Fibonacci resistance at $599.94. Monero breaks $599.94 Fibonacci resistance to continue upward trend. Originally reported by TradingView.
Monero Hits New Weekly High
Monero recorded a new all-time weekly closing high at $599.99.
0.618 Fibonacci Resistance Tested
The 0.618 Fibonacci resistance level at $599.94 is now testing the significant weekly 0.618 Fibonacci level.
Bullish Structure Holds
Monero has consistently held above its rising 8-week EMA since late July.
Overbought Conditions Present
RSI is trading above 70 while StochRSI remains in overbought territory.
The one thing
Monero breaks $599.94 Fibonacci resistance to continue upward trend.
