Markets· ★★· bullish·

Monero (XMR) up 4.24% to $556.80, tests $558.10 Fibonacci level

  • —XMR gained 4.24% in 24 hours to $556.80
  • —Nearest resistance is the $558.10 Fibonacci level
  • —A breakout could open a retest of $575.35
Why it matters: A break above $558.10 would confirm demand for privacy assets; otherwise the move stays part of a broad market rebound.
Source: Coinotag