Monero XMR Trying Hard to Push Above the 200 Daily SMA, but Without Success

Like most cryptocurrencies, Monero tumbled lower in May, after it had been really bullish from the beginning of the year. it reached $520 in the first week of May, but then crashed down to $152, together with the cryptocurrency market.

The bearish momentum continued until the middle of July, when cryptos suddenly reversed higher. Although, Monero was showing some bullish signs before, since the lows in June and July were higher than the low right after the crash, while a large part of the…


Source link

About bitcoin

Check Also

How Does the Chart Look Wednesday?

How Does the Chart Look Wednesday?

News Home Wednesday, February 01, 2023 04:11 PM | InvestorsObserver Analysts Monero Classic receives a …

Leave a Reply

Your email address will not be published. Required fields are marked *