Technical analysis by CryptoCheckGroup about Symbol XMR on 10/16/2025

Many alts are following this pattern. XMR tracing down from it's trend but still at it's range low on the macro. It appears there is an opportunity right now to purchase XMR however I'm skeptical given we're approaching 50ma on bitcoin. Alts could trace lower in correlation with bitcoin. And the 50ma touch for bitcoin will be the best position to take on altcoins when it occurs