I've been confused about Monero for a while, because I was looking at the Bitcoin/Monero charts, trying to find patterns. However, Monero's price action follows USD, not Bitcoin. What I see is a big support at $60 and a bounce to $100 this month.
I'm betting on a big drop in Bitcoin in the next couple weeks, then quick altcoin rally late August/early September, with many altcoins posting 50%+ USD gains.
What do you think of Monero? Share your ideas below.
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