Monero has been stuck in a corrective triangle for some time now, experiencing an ABCDE correction. We are currently seeing the completion of wave E, which will be ended on the triangles support line, meaning that from there the price is going to breakout the triangle from the upside.
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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.