XMR cup&handle - ascending triangle breakout
I think we can observe here XMR beeing in a huge channel, which becomes more narrow from day to day. We can see a combination of two bullish formations in one: cup&handle formation inside an ascending triangle.
Very bullish on this one because of the TA and fundamentals (largest community and most development after BTC and ETH), still undervalued compared to DASH and Zcash. This breakout could be massive on XMR/BTC scale and even more massive on XMR/USD if BTC keeps its price. I have no target for this it is too hard to predict, but my guess is a bull run could result in a price even over 150 USD. This would overlap with some updatescoming and eventually exchanges adding XMR (Coinbase, Huobi).
Very bullish on this one because of the TA and fundamentals (largest community and most development after BTC and ETH), still undervalued compared to DASH and Zcash. This breakout could be massive on XMR/BTC scale and even more massive on XMR/USD if BTC keeps its price. I have no target for this it is too hard to predict, but my guess is a bull run could result in a price even over 150 USD. This would overlap with some updatescoming and eventually exchanges adding XMR (Coinbase, Huobi).