Since the new year broke, so too did the resistance that was holding down Monero (XMR). It has done some very impressive moves on the chart, whomever is the market maker is really having a blast with the volatility.
As you can see from my analysis, XMR is in an ascending wedge, and looks extremely bullish.
Points appear to converge on the short term around the 14th or 15th.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.