Monero is showing strong momentum as we approach the end of this market cycle. Current price action suggests XMR could be positioning itself to break above previous resistance levels, potentially making it one of the next altcoins to establish a new all-time high.
With trading volume picking up and key technical levels being tested, many market participants are watching closely for a potential breakout. The next few days could be critical for determining whether Monero maintains this bullish structure or faces pullback pressure.
Traders should monitor support and resistance zones carefully during this period.
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FlashLoanLarry
· 14h ago
XMR is really strong this wave, but don't get too excited...
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Resistance level breakthrough? Hold on, we need to see if the volume is real.
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A few days decide everything? Uh, usually this kind of saying tends to backfire.
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I've long been tired of support and resistance, the key is whether the market maker will pump.
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Historical high point? Let's not hype it, we'll talk once it truly breaks.
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This cycle XMR is indeed a bit different, but it feels a bit overdone.
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Volume is increasing... but how to judge if it's fake volume, that's a problem.
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I just want to know if this breakthrough will be another bull trap.
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Looks good, but I always feel like the next pullback is waiting for me.
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TokenRationEater
· 14h ago
If XMR really breaks through the resistance level this time, I'll directly enter a position. But to be honest, I've heard this kind of statement too many times...
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TommyTeacher
· 14h ago
XMR really has some potential this time, but don't be too optimistic. We'll know the truth the day it breaks the level.
Monero is showing strong momentum as we approach the end of this market cycle. Current price action suggests XMR could be positioning itself to break above previous resistance levels, potentially making it one of the next altcoins to establish a new all-time high.
With trading volume picking up and key technical levels being tested, many market participants are watching closely for a potential breakout. The next few days could be critical for determining whether Monero maintains this bullish structure or faces pullback pressure.
Traders should monitor support and resistance zones carefully during this period.