The top performing altcoin at the time of writing is Monero(XMR) which is getting a 5% pump taking it to $67.73 USD. This altcoin has pumped and dumped over the past few days so appears purely fomo driven. Bitcoin Gold (BTG) also is seeing certain hike in the top hundred with a 6% gain on the day.
Today, the XMR price is enjoying the bullish trend. At the time of writing, the coin is trading at $68.23 USD or 0.01306957 BTC. XMR is currently holding market cap value of $1,154,798,057 USD with $103,453,719 USD 24 hour volume and 16,924,155 XMR circulating supply.
On the upside, if the $62.50 price level holds, the bulls will resume another bullish trend to retest the $72.50 price level. If the bulls break the $72.50 resistance level, the crypto’s price will rally above the $100 price level. Meanwhile, the stochastic is in the overbought region but below the 60% range. This indicates the price of Monero is in a bearish momentum and a sell signal.
On the other hand, if…