Monero Price & Technical Analysis: XMR Expecting Large Changes
By
Dmitriy Gurkovskiy
Monero is trading at $49.45 on Feb 28, slightly declining, says Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
Monero is trading at $49.45 on Feb 28, slightly declining, says Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
Should the strong accumulation level of $102 get broken, the pair will experience further downward movement and get exposed to another accumulation level at $77
Monero has formed the “Ascending Triangle” pattern, which connotes an upward breakout. Should the strong distribution level of $110 get broken, the pair will experience upward movement and get exposed to another strong distribution level at $120.