Monero (XMR) - Daily TA
It looks like we are slowly approaching the end of wave5. There are two possible scenarios here:
- Monero will not be able to break resistance at 0.034 and this will be the end of wave 5
- Monero will break the resistance at 0.034 and continue going higher.
In case of the optimistic scenario 2 we could start looking at profit targets at 0.035 and 0.04. Those profit targets are taken from the current sell orders set on Binance.