XMR/USD Forecast: Monero Gets Hammered

It is easier to simply sell short-term rallies that show signs of exhaustion.

Monero has gotten hammered during the trading session on Thursday right along with the rest of crypto as risk assets across-the-board were sold off. As long as there are going to be concerns about risk appetite, it is almost impossible to imagine a scenario where alt coins such as Monero take off to the upside. Because of this, I do think that Monero is more likely than not to go looking towards the $150 level…


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