By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, March 24th, the XMR keeps bouncing off, generally trading at 45.38 USD. On D1 of the Monero, the last declining impulse has reached the support level of the descending channel. After a test of the support line, the quotations have started a bounce for a correction. By now, the pullback has reached 23.6% Fibo and is heading for 38.2% (52.98 USD) and 50.0% (61.28 USD). However, it should be clear that the main descending scenario is not over yet. This is confirmed by the MACD lines. After the pullback is over,
The post Monero Price Analysis for March, 24th – XMR Aiming At Further Correction appeared first on The Merkle News.
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