Could Monero make new high?I am wondering and i am sure alot of holders are wondering too!
I believe it has Bullish structure
$187 is the breakout level
That we must monitor very carefully.
The privacy sector in #crypto is abosilutely miniscule compared to #memecoins which totally dwarfs them
Yet privacy is one of the few unique use cases that is very much .. as a system backup..
Fungibility / Privacy is not coming to #Bitcoin anytime soon or ever.
#HVF
@TheCryptoSniper
Xmusdt
XMR/USDT 8H (Binance Fut.) Parallel channel breakdown & pullbackMonero is looking quite bearish after breaking downwards out of the ascending channel.
Price action has retested several times the necklines, so it's just a question of time before big drop, in my opinion.
Sell Entry= 61.35 - 64.55
Take Profit= 55.83 | 49.16 | 43.23
Stop Loss= 70.07
Risk/Reward= 1:1 | 1:1.94 | 1:2.77
Expected Profit= 33.93% | 65.73% | 93.99%
Possible Loss= -33.93%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x