$XMR hit a new high in nearly 180 days: the previous peak was 637.26, and the current price is 645.08.
A six-month high is significant, indicating that the price has moved out of a larger-range trading box. Trading value also expanded to 2.7 times its previous level, so this breakout is not a false move on low volume.
Rather than guessing a target price, watch whether 637.26 turns from resistance into support.
A six-month high is significant, indicating that the price has moved out of a larger-range trading box. Trading value also expanded to 2.7 times its previous level, so this breakout is not a false move on low volume.
Rather than guessing a target price, watch whether 637.26 turns from resistance into support.