jsea

XMR in a prime position

Long
KRAKEN:XMRUSD   Monero
XMR seems to be closely following BTC in this bull run.

If this is true we could see an increase up to the $145 area (that is where bitcoin is consolidating atm).

If XMR can use the resistance it is at right now as a support then a leg up to higher prices will definitely be seen.

KEEP IN MIND - it can always fall but if it does it will most likely be held by the $78 support from which it will bounce hard (as we are in a bull market now).

Either way, XMR is in a good position.

Stay Safe.


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