What Monero traders should be wary of before these levels are toppled

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice

Buoyed by Bitcoin’s resurgence to $44k, the altcoin market was witnessing some recovery after recent sell-offs.  Monero, which historically shares a high correlation with the king coin, bounced back from its support level and observed a much-needed rally. However, some important price levels have to be flipped to turn more heads.

The daily 200-SMA ran…


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