Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.
Anyway, Moonbeam been in a downtrend since the beginning. Recently, it seems GLMR made a reversal and now breaking major horizontal area. If successful, GLMR can start an upward phase which can rise to the ATH. Let's see what happens.
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So, GLMR couldn't break the major horizontal area, and came down. It's the second-best place to consider GLMR. It seems a minor harmonic pattern is also formed. Let's see when GLMR breaks the minor downtrend line.