Monero Forecast: Testing Major Resistance Barrier

This is a market that I think will face quite a bit of headwind, because we are simply not in the right economic cycle for crypto to do well on the whole.

Monero has been very bullish during the trading session on Tuesday to reach towards the $180 level. This is an area that is worth noting because it has previously been both support and resistance. We also have the 50 day EMA sitting there and sloping lower, so that has a bit of technical resistance built into it anyway. Monero has formed…


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