Monero Sitting Just Below Major Resistance

You cannot have Monero going higher for any sustained amount of time without the big coins doing the same thing.

Monero has rallied a bit during the trading session on Wednesday as we are dancing around the $190 level. The 50 Day EMA sits underneath and is offering a bit of dynamic support, but at the same time, we have the 200 Day EMA above at the $210 level offering resistance. In other words, we are currently being squeezed between these two major indicators.

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If we do break…


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