XMR, Will it break the channel?

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XMR, Will it break the channel?
Monero / Dollar BITFINEX:XMRUSD
Forex_Academy

The price of XMR has gained 3.41% in the last 24 hours and its moving at this time at $ 164.7. The price has remained within the Bearish Trend Channel for more than 1 month and now it is touching the upper line of the channel where it could have a considerable bounce, however, the RSI is pointing upwards and even without giving indications of overbought so the price could go up a bit more to reach the 100-EMA.

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