EOSUSDT currently at the bottom of the parallel channel and has shown support in 0.618 and 0.5 Fib levels for the past few days. Good entry point for a long position while at the bottom of the channel and a target price of 14.9 to 16.
Possible uptrend if it breaks previous resistance levels of ~14
XMRUSDT continues its bullish trend and has breached the parallel channel. The median of the channel now acts as a support and if XMRUSDT continues its momentum, the top of the channel could be the next support.
XMRUSDT is showing very bullish trend. The past resistance has now become the support and volume keeps increasing for the past three days.
Market depth also shows buyers are taking over which should push the price even more.
Monero has shown resilience during the weekend where most cryptos were in the red.
Price is ranging and inside a channel and given the dates of the Binance competition nearing it's end, a lot of those participating are starting to close position.
Not a financial advice.
