#notcoin This is the technical chart for the XMR currency:
At the top: the price with moving averages (20-day and 50-day) that help determine the trend.
At the bottom: the RSI indicator that shows if the currency is in a state of overbought (>70) or oversold (<30).
If you want to add support/resistance lines or analyze a specific pattern (such as a triangle or channel), I can modify the chart as you request.
The technical chart for the XMR currency (Monero) shows that the price is moving in a sideways range, with clear fluctuations around the $150 level. The moving averages (SMA 20 and SMA 50) indicate a weakness in upward momentum, as no clear bullish crossover has occurred yet. The relative strength index (RSI) is moving near the 45 level, reflecting a relative balance between buying and selling forces, without being overbought or oversold. This indicates a state of waiting in the market and the potential for a price explosion soon. If the support at $130 is broken, the price may head towards $115, while if it surpasses $160 with a strong close, it may continue to rise towards $180 or $200. Caution is advised, and monitoring upcoming technical breakouts is recommended.
$XMR