Monero Holds $429.99 Support as XMR Uptrend Continues

XMR climbed to $613.03, gaining 3.17% in 24 hours after recovering from an intraday low near $588. Support is the key level for XMR at $429.99—and lower levels of the chart are at $382.50 and $282.47, respectively. A sustained move above $613 could extend gains, while a break below $429.99 would weaken the bullish chart structure. Since the wider bull market cycle is bullish, XMR needs to have support during a pullback to keep the price rising toward $613, as indicated by the price analysis of Monero.

Source: CryptoNewsLand