XMR has been one of the tokens which had the strongest reversal after this week's sell-off. During yesterday's bearish move, the price found support at the bottom trend line of the channel, reversing from it as BTC's outlook became more bullish.
For now, caution is advised. Take profits where you can. Top of the channel is a strong resistance area.
Happy trading!
For now, caution is advised. Take profits where you can. Top of the channel is a strong resistance area.
Happy trading!
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