XMR is starting to turn around. They year long cycle it has been respecting is starting over. It should move into a new price zone with the next push, which could last a few months. The price is breaking out against USD and has move over the 4h 200 SMA which is a buy signal for me. .04 -.07 are not unreasonable targets, especially with all of the new institutional money that is expected to flow into crypto over the next year. It may even go higher, but we'll see when we get there.
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Absolutely loving this fractal. If this plays out we could see 2x gains within a few days.
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Can it be done???
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With hope, the fractal continues.
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Trend holding strong, Weekly Stoch RSI flipped. Just tagged the .5 fib level before a quick pullback.
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Raising my target for the finale run.
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XMR moving into its endgame for this cycle. Target 1 XMR = .1 BTC