The stage is set for Monero (XMRBTC) to print a strong jump...
Here we are looking at the weekly chart.
We have very strong bullish signals coming out of this chart... Listed below:
1) A bullish cross of EMA10 and EMA50.
2) The MACD above zero with plenty of room available for growth.
3) The RSI is now at 67; weekly timeframe (very strong).
4) "Cup pattern" at all-time lows.
5) 1.8 Years of bear market followed by almost an entire year of consolidation... Sellers have been exhausted.
The doors are open for additional/strong growth.
Namaste.