Monero (XMR) Faces Stiff Resistance Around 200-DMA

XMR, Monero’s is quickly becoming a favorite tool for those interested in the anonymity offered by this blockchain network. After a price action that can generously be called a bull run, XMR is on a path to retracement. Something unique about monero is the wick on both sides of the candle indicating an ambiguity in its price action. 

XMR Cryptocurrency Price Analysis

After hitting a new monthly high of $261 on 30th July 2021, XMR still couldn’t initiate a bullish sentiment since it…


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