Monero Moment_Update

We were expecting a T/P to be hit past few days. However, this was not to be. Despite that, the bulls have taken control momentarily and have bounced off the essential support 170.99 in the past few days. The immediate resistance on Monero is at $198.50. If this level does not hold, we are likely to see the rally extend to our Sell entry at $215.00. When the market is in a bounce mode, it is an excellent strategy to place your stop and protect in the money trade.