Today’s Monero Price Prediction: XMRBTC trading price breaks through $140 resistance on November 30

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Monroe price prediction shows that XMR remains above the 9-day moving average, continuing its bullish trend.
Monero Forecast Statistics:
Current Monero Price – $141.1
Monero Market Cap – $$2.56 Billion
Monero Circulating Supply – 18.2 million
Total Monero Supply – 18.2 million
Monero Coinmarketcap Ranking – 24th
XMR/USD Markets
Key Levels:
Resistance levels: $165, $175, $185
Support levels: $120, $110, $100
XMR/USD is currently trading at $141.1, consilidating within the channel after the price fell earlier today. However, the price of Monroe will need to focus on bullish moves to resist the downward pressure in the market as the closest support is expected to be at $135, which could become the intraday low.
Monroe Price Prediction: XMR/USD Likely to Rise
Monro price has risen back above the 9-day and 21-day moving averages, as southward movement could push the coin to the support levels of $120, $110, and $100. However, XMR/USD is currently trading at $141.1, still bullishly trading above the moving averages. Sustained stay above the 21-day moving average, facing the upper boundary of the channel, could create more momentum for the bulls, concentrating their forces to push the market to the next resistance levels: $165, $175, and $185, respectively.
Currently, the technical indicator Relative Strength Index (14) is heading towards a crossover above the 60 level, suggesting that the market may follow an upward trend. Looking at the daily chart, support may need to form around $135 to provide tight protection, allowing buyers to focus on moving north.
Compared to Bitcoin, Monero price slipped below the 9-day moving average, sellers aim to push the price down and possibly towards the lower border of the channel, while the technical indicator Relative Strength Index (14) is heading towards a cross below the 60 level.
However, if the bulls succeed in breaking out of the upper boundary of the channel, the XMR price could touch the potential resistance level of 9000 SAT and above. Conversely, if the bearish trend continues, the price could drop to the support level of 7700 SAT and below.
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