XMR: Bearish?

in haejin •  5 years ago 

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XMR: Downside Trouble likely for both XMR/USD & XMR/BTC? Watch volume! A breakout w/o volume is almost always a fakeout.

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Big crypto companies are hating on xmr’s hidden powers

I can't see their powers because they're hidden!! What are they please? !!

I am with you on a mid term Bearish but hoping for a short term bull run up.
I am selling my XMR at $60
Re-buying XMR

* 30% at $20

* 34% at $10

* 36% at $5

Make that selling at $80 now.

It does look like there are two valid reasons for it: resistance there at $55 level and also bearish rising wedge pattern. Not to mention about decreasing volume and negative sentiment of the market due to economic uncertainties.