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Monero Price Shows Major Upward Support Forming: Analysis

From dcforecasts.com

Monero price shows major upward support forming and shows that the altcoin has a bearish-term and medium-term trading bias as we are reading further in the Monero news. The four-hour time frame shows that there is a bullish inverted head and shoulders pattern triggered. The monero price shows double-digit gains following the strong bullish reversal from the $45 and the cryptocurrency is now trying to recover from the eight-month trading low. The XMR/USD pair declined by more than 30 percent since the start of the month and is now trading around 58 percent lower than the current 2019 trading high. The technical ... (full story)

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  • Category: Technical Analysis