Monero on Its Journey to Reach $200; Will XMR Continue the Uptrend?

Monero on Its Journey to Reach $200; Will XMR Continue the Uptrend?

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

About bitcoin

Check Also

How Does the Chart Look Wednesday?

How Does the Chart Look Wednesday?

News Home Wednesday, February 01, 2023 04:11 PM | InvestorsObserver Analysts Monero Classic receives a …

Leave a Reply

Your email address will not be published. Required fields are marked *