Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice

The Monero market like most altcoin markets remained largely unaffected by Bitcoin’s price activity yesterday, and despite a small drop it remained above its crucial support. Although there has been a development of a bearish trend, the XMR’s value is holding the $137.33 price level, at the time of writing.

Monero one-hour chart

Source: XMRUSD on…

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