XMR broke down past the support box in blue around 0.013, looking to the next support in the red box around 0.011
Historically, XMR does not stay down in these ranges for long, which is why the purple line has a bounce happening.
Resistance would now be the 0.013 area, and I was somewhat surprised to see this breakdown as that was a strong area of support.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
Historically, XMR does not stay down in these ranges for long, which is why the purple line has a bounce happening.
Resistance would now be the 0.013 area, and I was somewhat surprised to see this breakdown as that was a strong area of support.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.