XMR has been trading within a broad range of 130 to 188.

At the moment, XMR is situated near the upper limit of this range.

For the bulls to establish dominance and make a long-term takeover, breaking above the 188 resistance is crucial. If this occurs, we may anticipate a bullish push towards the subsequent resistance at 250.

Conversely, the bears could regain control by rejecting the resistance. A bearish reversal signal on the H4 chart would confirm this scenario.