The bulls have driven prices beyond $272.
The Monero price review shows a bullish activity.
While XMR is granted support at $252.10.
The latest Monero price review confirms an upward inclination for the day as a significant increase in coin value has been published. The bullish wave has driven the price above $272 mark in the last twenty hours, and an additional price increase can be expected if the bullish bids remain consistent. But again, a price drop was reported during the last 4hrs, which signifies that the coming hours might prove dangerous.
The XMR/USD one day price table: Price returns back to $272.41 level as uptrend resumes
The 1 day Monero price review exhibits promising results for the crypto today as an ample amount of growing coin value has been observed. This has begun an appealing situation for the buyers, as the bulls have been growing above the market for some days now. The price has approached its previous position, for example, $272.41, and has been delivered above the moving average (MA) value for example $269.50.
Monero price review conclusion
The 1 day and 4hrs Monero price analysis is dictating a rise in XMR/USD price. These bulls have raised the price to the $272.41 mark in the last twenty hours, and an extra price increase can be anticipated
for the coming week. The hourly forecast is not promising, which means that the price might go down in the next few hours.