# Crypto Technicals: XMR/USD pauses shy of 110-EMA (67.251), break above to fuel more gains

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/4162
Published: 2019-11-14T08:15:10.000Z
Updated: 2019-11-14T08:15:10.000Z
Section: Investing

> Support: 62.481 (55-EMA); Resistance: 67.251 (110-EMA)

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

Exchange - Bitfinex

Support: 62.481 (55-EMA); Resistance: 67.251 (110-EMA)

Technical Analysis: Bias bullish

XMR/USD has paused upside shy of 110-EMA which offers stiff resistance at 67.251.

The pair was trading 1.93% lower on the day at 64.172 at around 08:00 GMT.

Near-term bias as indicated by GMMA has shifted to bullish with bullish crossover of short-term MAs over longer-term MAs.

Further, occurrence of 'Bullish Divergence' on Stochs and RSI on the daily charts raises scope for upside.

Volatility is also rising and break above 110-EMA will take the pair higher. Test of 200-DMA at 77.949 likely.

Failure to break past 110-EMA resistance negates near-term bullish bias.

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## Links in this article

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