Markets· ★★· neutral·

Monero fails to break $650, retreats to $609

  • —XMR touched $656 before sliding to $609.02
  • —24-hour gain of 0.18%, trading volume down 11.18%
  • —Monero market cap at $11.46 billion, 18.82 million XMR in circulation
  • —CryptoPolitan sees $600 support and a year-end target of up to $1,098
Why it matters: Holding $600 will determine whether XMR extends its rally after pulling back from a local high.
Source: Blockmedia