Short
XMR short trend
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XMR crashed down after reaching to its ATH at $470s, and especially today due to Russia and Ukraine war, almost all cryptocurrencies crashed down.
due to market bearish trend, we may analysis that XMR according to weekly timeframe, may reach to$110s and then to $51s support zones this downtrend move of XMR may happen in midterm.
In the worst senario it may crash to $25s which are important support zone of XMR.
This is a personal idea, and I am not a financial adviser.
XMR crashed down after reaching to its ATH at $470s, and especially today due to Russia and Ukraine war, almost all cryptocurrencies crashed down.
due to market bearish trend, we may analysis that XMR according to weekly timeframe, may reach to$110s and then to $51s support zones this downtrend move of XMR may happen in midterm.
In the worst senario it may crash to $25s which are important support zone of XMR.
This is a personal idea, and I am not a financial adviser.
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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.
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.