Monero about to touch longer term support; expect it to bounce around 0.013 BTC -0.09% . Bullish divergence on the RSI as well as increasing volume agrees with this prediction. Price target is the outlined blue resistance line, corresponding to the third fan line. If it breaks this line, next target is the upper red resistance line. If it is rejected at the blue line, expect the next attempt to push through to the upper red line. These movements should also correspond nicely to Kovri updates, hopefully encouraging some price action.
Comment:
Not publishing correctly...
Comment:
Bounced at support line but rejected at the top of the downward channel. Wait for bounce again to watch for breakout of downward channel.