XMR
The price has formed a symmetrical triangle and is trying to break through the daily 50MA/EMA. Many bearish divergences indicate a possible price rebound to the lower border of the pattern. Price will rise to the daily 100 MA/EMA in a bullish scenario
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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.