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