Monero / XMRUSD has been seeing amazing gains since the April 7th Low, despite this week's natural technical correction.
There is a massive Rising Resistance originating from the December 18th 2017 High that price also the 2021 Cycle Top, which poses as the next most probable target.
We expect to test it around 580.
If it breaks, it is not impossible to see the uptrend complete a +1000% rise from the bottom as it did in 2021.
Follow us, like the idea and leave a comment below!!
There is a massive Rising Resistance originating from the December 18th 2017 High that price also the 2021 Cycle Top, which poses as the next most probable target.
We expect to test it around 580.
If it breaks, it is not impossible to see the uptrend complete a +1000% rise from the bottom as it did in 2021.
Follow us, like the idea and leave a comment below!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.