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Monero
Long

Bullish Divergence on Monero (XMR)

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Shown here on the 4HR Chart of Monero (XMR) you can see that the Momentum Oscillator (RSI) is signaling a medium/ weak bullish divergence. Now, remember, the RSI means general strength, not what the price is doing. So when the RSI is trending up and the price is at a standstill you can bet that the upside is coming. Hope this helps for a short-term trade!

Safe Trading,

-Pulkanator
Pulkanatir
Bullish DivergenceTechnical IndicatorsmoneroTrend AnalysisxmrxmrusdXMRUSDT

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Bullish DivergenceTechnical IndicatorsmoneroTrend AnalysisxmrxmrusdXMRUSDT
Pulkanatir

Disclaimer

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.