By June 2022, the price of Monero (XMR) could see a significant drop. Its 75% gain in the last two weeks could indicate we are entering the Monero overbought danger zone.
Monero is also forming a bearish reversal pattern known as a rising wedge. Price travels inside a range indicated by two ascending, converging trendlines, forming rising wedges.
Disclaimer: this article is not financial advice.
