One of my favorite privacy coins has had its run and is now falling down to its original trend line.
XMR Has had a great run up the past 2 months, lots of that money coming out of bitcoin and other privacy coins such as ZEC. I think XMR has risen so fast that it will not be able to find support at levels above its bottom trend line. Over the past few days XMR has been drastically dropping with no major FUD thrown directly at the coin. This has happened to XMR in the past and i believe that history will repeat itself again. XMR will fall to its support line.
XMR Has had a great run up the past 2 months, lots of that money coming out of bitcoin and other privacy coins such as ZEC. I think XMR has risen so fast that it will not be able to find support at levels above its bottom trend line. Over the past few days XMR has been drastically dropping with no major FUD thrown directly at the coin. This has happened to XMR in the past and i believe that history will repeat itself again. XMR will fall to its support line.