Technical analysis by TheCryptagon about Symbol XMR: Buy recommendation (5/30/2025)
https://sahmeto.com/message/3564178

TheCryptagon
Rank: 893
Analytical Power:
2.8

Monero / XMRUSD has been seeing amazing gains since the April 7th Low, despite this week's natural technical correction.There is a massive Rising Resistance originating from the December 18th 2017 High that price also the 2021 Cycle Top, which poses as the next most probable target.We expect to test it around 580.If it breaks, it is not impossible to see the uptrend complete a +1000% rise from the bottom as it did in 2021.Follow us, like the idea and leave a comment below!!
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Signal Type: Buy
Time Frame:
1 weekProfit Target:
$580Price at Publish Time:
$334.54