Monero Price Analysis: 18 April

The sudden shake-up in the cryptocurrency market has resulted in the prices falling across the market. Altcoins like Monero have seen a long-term bullish trend flipped to a bearish one. However, the change in trend could be a sign of an impending correction in its market.

At the time of writing, XMR was being traded at $313.10 with a market capitalization of $5.58 billion.

Monero 6-hour chart

Source: XMRUSD on TradingView

The XMR chart was showing the strong bullish momentum carrying its…


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