Moneros currency price (XMRUSDT) fell in latest intraday trading amig negative signals streaming from the Stochastic after reaching overbought levels, while trying to gather positive momentum to rise anew, amid the dominance of the upward correctional wave in the short term, with support due to trading above the 50-day SMA.

Therefore we expect the price to rise in upcoming intraday trading, as long as the support of $306.00 holds on, targeting the pivotal resistance of $342.00.

Todays price forecast: Bullish