Monero has been considered a "major" player in the crypto scene for quite some time now. It's market has always been active, forming so called waves, u can recognize them pretty easy:
As you can see Monero started with downtrend coming from the top,
Forming a bottom valley of the wave.
The price then bounced up hitting the high which is today still the top border of the triangle. The volume on the pump way bigger then the volume on the downtrend dump, indicating that we should see the price reach the same levels once again in the future.
The price then started the next down trend the volume still was lower then on the upside of the wave, having troubles along the way it reached the next bottom valley.
Again followed by a hard bounce, this time with allot greater volume, the price reached the top triangle border again, and started turning back down, again with lower volume then on the uptrend, indicating that the top triangle border is the main and strongest resistance level in the weekly time frame, but is being tested for the 2nd time.
The price then made a way higher low then the previous bottom of the valley and started the uptrend which we are in right now.
With Monero I expect a upwards attack on the top border on the triangle, with a high possibility of a break upwards. setting a new major support level and milestone!