The Monero (XMR) price is expected to break out from its current pattern as long as it stays above the $135.3 support area.
Zcash (ZEC) is also trading inside a descending parallel channel, but its outlook is more bearish due to it trading below the $53 resistance area.
XMR Price Bounce Hints at Breakout
XMR has been decreasing inside a descending parallel channel since reaching a high of $174.2 on Aug. 16. The downward movement has twice (green icons) led to lows near the 0.5 Fib…
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