The latest Technical Analysis has been released recently by TRADERMAN
The 0.0023 level is quite the resistance zone, isn’t it? In my last article on Monero, I pointed to the 0.0023 price pivot and why it could act as resistance, “This area should be watched very carefully, as markets have a tendency to reverse at established price pivots.”, and this is exactly what happened today. The market plunged all the way down to 0.00182, which also happens to be an established price pivot area. The area around 0.0018 has been used as support several times in late May, and this area did provide support during the plunge that happened today.