# Crypto Technicals: Monero pullback finds support at 21-EMA, eyes $100 on upside resumption

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/1928
Published: 2019-05-21T09:40:51.000Z
Updated: 2019-05-21T09:40:51.000Z
Section: Investing

> Support: 86.49 (5-DMA); Resistance: 97.70 (trendline)

[XMR/USD](<https://www.tradingview.com/symbols/XMRUSD/>) chart - Trading View

Exchange - Binance

Support: 86.49 (5-DMA); Resistance: 97.70 (trendline)

Technical Analysis: Bias Bullish

Moneros's pullback from 30-week highs finds support at 21-EMA.

XMR/USD has edged higher from lows at 74.90 (17th May low) and was trading at 90.99.

Price action has edged above 5-DMA and continued upside momentum will likely see test of $100 mark

'Golden Cross' formation on daily charts keeps scope for upside.

50-DMA is major support at 71.51. Break below 200-DMA negates any bullish bias.

For details on FxWirePro's Currency Strength Index, visit [http://www.fxwirepro.com/currencyindex](<http://www.fxwirepro.com/currencyindex>).

## Links in this article

- [XMR/USD](https://www.tradingview.com/symbols/XMRUSD/)
- [http://www.fxwirepro.com/currencyindex](http://www.fxwirepro.com/currencyindex)