Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice
Monero has traded within the confines of a descending channel for over a week now. A broader market rally seems to have been the missing catalyst in the XMR market as the price attempted to break north of its upper trendline.
However, a few conditions have to be met first before a blowout can be expected. At the time of writing, XMR was trading at $306.16, up…
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