Monero Price Bounces From Support As Technicals Improve.

XMR is attempting to rebound from the sharp sell-off this week. The Monero price held a major support line and is starting to look good once again.

The privacy token was enjoying a good start to May. The Monero price had set a new record of $519.20 on the 7th and looked likely to go higher still.

However, the rumor that the colonial pipeline hackers may have demanded the ransom be paid in Monero dented sentiment. The price subsequently faded from the high.

Elon…


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