$100 is a Crucial Level for the XMR Bulls, Can it Break?

[sirty143]

For the past two months, Monero has been following a bullish sentiment as the cryptocurrency trades within an ascending channel. After testing $100 in late May, Monero XMR, 2.92%price dropped to the $80 area, where the lower channel lies. Now, the market has rebounded higher after a seven days positive move, bringing the current trading price to $96. The bigger picture is clearly revealed on the daily RSI; following an upward movement after testing the 50 level. We can now say the buyers are gaining control of the market. The next key resistance for the bulls lies at $105 and $110 levels. See more for yourself, here...