Higher because of the "third touch" at a resistance level, usually first two touches validate the resistance. The third touch breaks through, indicating a uptrend, This is actually market psychology and the belief that repeated tests of resistance weakens it!
You have had 500 days to buy ad that major support level which is the white support line,
XMR
has broken out from the blue dashed line and in short term can easily pump to the green resistance line and break that level as well!
Commentaire:
if it completes that pattern it actually makes a huge W pattern and then price can surge to $1000