Monero $175 By Christmas
Monero underwent some massive price suppression pretty recently, as every other top 20 shitcoin went uber parabolic with 2-4x gains while Monero did nothing. Aside from this being basically impossible without some kind of large player(s) intervention, the reality is that usually those manipulations are done with borrowed crypto, meaning it all has to be paid back eventually.
Well, that time has probably started, and smart whales know to take profits into a coin that actually offers basic consumer data protection over their finances. Monero.
But forgetting all of that, because it's kind of irrelevant, check out these pretty lines I drews:
LONG TERM: Beautiful XMRUSD uptrend for the past 9 months, and help quite well in the dips recently.
MID TERM: Megaphone pattern with both higher highs and higher lows. This supports my thesis of market suppression, as typically megaphone patterns don't form without etiher attempted manipulation, or some fundamental reason for extreme market uncertainty over price (which there isn't any reason for that). Megaphone likely to break to the upside soon
SHORT TERM: Directly after the recent megaphone bottom, there has been a clear support line up (looks better on the 4-hr). This is likely to hold us all the way to $175, when we reach the top of the uptrend channel again.
Well, that time has probably started, and smart whales know to take profits into a coin that actually offers basic consumer data protection over their finances. Monero.
But forgetting all of that, because it's kind of irrelevant, check out these pretty lines I drews:
LONG TERM: Beautiful XMRUSD uptrend for the past 9 months, and help quite well in the dips recently.
MID TERM: Megaphone pattern with both higher highs and higher lows. This supports my thesis of market suppression, as typically megaphone patterns don't form without etiher attempted manipulation, or some fundamental reason for extreme market uncertainty over price (which there isn't any reason for that). Megaphone likely to break to the upside soon
SHORT TERM: Directly after the recent megaphone bottom, there has been a clear support line up (looks better on the 4-hr). This is likely to hold us all the way to $175, when we reach the top of the uptrend channel again.
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