the momentum since it refused a 1.66% uptick and declining trading volume in the last 24 hours.
At the time of writing, the RSI was 70.26. In fact, it surged to 80.84 as of the previous before its slight fall. Yet, the current position linked XMR to an overbought region. So, there is a possibility of a bearish momentum reversal.The chart above also pointed to its Directional Movement Index , which showed that buyers were still in control of the XMR market. This was inferred from the condition of the positive DMI at 32.77.
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