Monero (XMRUSD), the privacy coin, has been treading water since August 7, whilst many other coins have been heading higher. Yet, the stalemate between bulls and bears in Monero might be about to end in the next few days.
The price is stuck in a so-called ascending triangle pattern. A horizontal resistance line crosses the June 15 and August 16 highs at 285 USD per coin. The XMRUSD spent about five days trying to trade above this level in June, and recently, the same…
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