Monero Price Analysis: XMR observes inside the previous candle,  buy or deny?

  • Monero coin is struggling to move above the 20-day exponential moving average in terms of the daily price chart.
  • Traders have noticed a 43% drop in trading volume for XMR Coin in the last 24 hours.
  • The Monero coin belonging to the bitcoin pair is trading at 0.004933 satoshis, up a little over 3.15%.

Monero (XMR) has rotated from its $283-ceiling after a 6-week up-channel (White). With two bear moves in the last four weeks, increased selling pressure has dragged Alt to its February lows till…


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