Monero is moving in an uptrend pattern while taking the support of the trend line with the current market price of $148. About a month back, after a constant downfall in price, the XMR token began to mount upwards as the bulls showed buying interest. There was a formation of a bullish engulfing pattern on the daily chart, and the price continued to ascend, closing above the last peak of $132.
Once the Monero price reaches the top horizontal line of $208, a breakout for higher highs can be…
Source link