# Crypto Technicals: Monero (XMR) resumes weakness, upside rejected at 200-DMA

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/3284
Published: 2019-09-04T10:31:34.000Z
Updated: 2019-09-04T10:31:34.000Z
Section: Investing

> Support: 72.25 (5-DMA); Resistance: 75.65 (200-DMA)

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

Exchange - Kraken

Support: 72.25 (5-DMA); Resistance: 75.65 (200-DMA)

Technical Analysis: Bias Bearish

XMR/USD trades 2.54% lower on the day at 73.35 at 10:00 GMT, bias bearish.

The pair halted upside, was rejected at 200-DMA which offers stiff resistance at 75.65.

RSI is well below 50 mark and price action is below cloud and major moving averages.

5-DMA is immediate support at 72.25. Break below will see dip till 61.8% Fib at 68.82 ahead of trendline support at 64.85.

200-DMA is strong resistance at 75.65. Break above finds next major resistance at 21-EMA at 77.14.

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## Links in this article

- [XMR/USD](https://www.tradingview.com/symbols/XMRUSD/)
- [TokenPost](https://www.tokenpost.com)