XMR coin price shows a remarkable uptrend in motion surpassing the $275 mark and eye the $300 mark as the EMAs give a golden crossover. Key technical points: XMR prices surpass the $275 mark. The 50 and 200-day EMA give a golden crossover. The 24-hour trading volume of Monero is $424.93 Million, marking a 93% rise. Past Performance of XMR The XMR/USDT pair has a solid uptrend without a correction phase breaking below the higher high level in the upward trend after March. The movement started at $150 in February, reached several bearish levels, and has recently tested the $250 level before climbing 7.25 percent to weaken the recoil phase. The trend continues to climb by forming a follow-through candle which we can see rising over the $267 mark. Source-Tradingview XMR Technical Analysis XMR coin price rises above the $275 mark with a bullish engulfing candlestick ready to approach the $300 milestone as the buying pressure increases. Moreover, the increased trading volume supports the ongoing bull run. The inflating prices of the privacy token bring a bullish reversal in the crucial daily EMAs resulting in the golden crossover. Moreover, the rising 100-day EMA aims to cross above the 200-day EMA to regain the bullish alignment for the crucial EMAs. RSI Indicator: The RSI slope shows a positive trend in action but struggles to enter the overbought boundary at the 70% mark. Moreover, the indicator doubts the uptrend continuation as...
