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⋅ XMR formed a large descending triangle and the volume on the past few days show that some big whales are buying XMR heavily.
Why?
Bullish cross on MACD.
Bullish divergence on RSI.
Volume spiking on daily.
OBV above the moving averages.
Bias - BULLISH. Probability is on Bulls side.
If we break above the triangle it will be game on. First key resistance at $272.
Enjoy the ride.
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