XMR Near-term prediction

Jun 3, 2021

Now that Monero has broken out of bitcoin's grasp, it can start it's stealthy run-up to new (albeit, not as large as before) highs. After this period we will see another pull-back and I see this as being the halving-top of monero. Either that or we continue to run to the 600s-700s. Previous support helped us again on may 19th and if we get below that we will not come up for a long time, that support will turn into extremely heavy resistance and I see that as the local floor.

I'll leave updates when they come.