#XMR The moving averages have completed a bullish crossover, and the RSI is in positive territory on the 4-hour chart, indicating that the bulls have the upper hand. There is minor resistance at $172 but it is likely to be breached. The pair could then advance towards USD 180.

This optimistic view will be invalidated in the short term if the price falls and breaks below the 50-period SMA. Then, the bears will try to push the price below the support zone between $160 and $156.