XMRUSDT has been trading in a ascending triangle. The price is converging. Now price is approaching to upper side of triangle. We are expecting a bullish breakout above the triangle. However, the price is making higher lows but is unable to make higher highs since the appearance of bullish divergence . Indicating converging of price and breakout is near.
The bulls need to break above the triangle, While bears will be in control below the falling resistance. Manage your trades accordingly.