Will the Rounding Bottom hold or fail? Plot your targets on the chart.
Gradual reversal from bearish to bullish.
A clear signal has emerged for Monero (XMR) on the daily chart. With a last close of $400.11, volatility remains active (-1.08%). Algorithmically, a Rounding Bottom structure has completed. The trend indicator is reading 0.4/100, suggesting moderate momentum. A potential breakout level is identified at $436.98, targeting $560.21 with support near $375.36 (R:R 2.0).
What is your outlook on XMR?