Monero Struggles In A Range Ahead Of $200 Rally, Will Price Breakout?

  • XRM price breaks down into a ranging channel as price failed to break above resistance, holding price from trending higher. 
  • XRM trades below 50 and 200-day Exponential Moving Average as the price struggles to regain bullish signs as the price continues ranging in a descending triangle. 
  • The price of XRM needs to break out of the descending triangle with good volume to rally high to a region of $200. 

Monero (XRM) prices continue to struggle as they range in…


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