Here’s the ‘but’ of Monero [XMR] chalking up a bearish pattern

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

  • Monero (XMR) was bearish on the daily chart
  • The elevated positive sentiment over the weekend has flattened out

Monero (XMR) bulls were cut to size over the weekend as bears threw a massive party. This was evidenced by the bearish engulfing pattern (A tiny green candle followed by a larger red candle) on the charts. It indicates that the bears…


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