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andre_007
Jul 26, 2022 6:16 PM

Monero (XMR) above other cryptos Long

Monero / U. S. DollarKraken

Description

I believe that Monero will see a strong appreciation due to its focus on privacy.
Lately, the governments of certain countries are hunting the basic freedoms of their citizens...

After breaking through a wedge and a resistance line, the price did not fall below the 0.214 retracement:


Another point to note is the dominance over other crypto assets.


And on the XMR/BTC chart we had important supports tested and not broken, and at first the price has a bullish bias.


That's why I have a bullish bias for this asset.

Comment

Comments
cerealpatterns
did you want to explain why you were so wrong, or did you want me to?
schwarg
Nice chart mate!
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