Monero is heading to the moon by the end of 2021After a long period of time, XMR price finally managed to open and close again above the pivot line ( Pink Trend Line ) on daily time frame. the end of bearish wave just confirmed with two long wicks candles. seems that price is retesting the Pink line. but the fib channel number 23, is still another resistance on XMR's way. it is expected that some consolidation in the area between fib 23 and its new support, the Pink trend line. if price manages to close above the fib 23, its way toward upper line of the white channel, would be paved. the bottom line of black channel is the next major resistance on its way. if XMR manage to breakout the white channel. the black channel would be its new support and its journey toward 600$ could be much more easier. as a result of exponential trend, it is expected that we could see XMR is pumping soon. the vertical white lines are fib time zones, on which the chart had beautifully reaction to it. according to fib time zones, we are in a bullish major trend, and November 2021 could be an amazing month for XMR holders.
