Monero (XMR) has demonstrated stable performance recently, displaying obvious anti-decline characteristics amid a widespread pullback environment in similar assets. The current price has established strong support around 710, a level that coincides precisely with the final stage of major accumulation by large players.
From a technical perspective, once trading volume can effectively expand and stabilize above 720, it will initiate a significant uptrend. Based on current technical structure and support strength estimations, this breakthrough is expected to bring approximately 20% upside potential.
For interested traders, consider establishing long positions in batches within the 705-712 range, with 685 set as the risk control level. The first target level is 750, and if the breakthrough proceeds smoothly, further exploration of 795 is also a high-probability event. This type of asset, which oscillates repeatedly in the bottom range and accumulates momentum, often provides favorable return opportunities for patient investors.
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Monero (XMR) has demonstrated stable performance recently, displaying obvious anti-decline characteristics amid a widespread pullback environment in similar assets. The current price has established strong support around 710, a level that coincides precisely with the final stage of major accumulation by large players.
From a technical perspective, once trading volume can effectively expand and stabilize above 720, it will initiate a significant uptrend. Based on current technical structure and support strength estimations, this breakthrough is expected to bring approximately 20% upside potential.
For interested traders, consider establishing long positions in batches within the 705-712 range, with 685 set as the risk control level. The first target level is 750, and if the breakthrough proceeds smoothly, further exploration of 795 is also a high-probability event. This type of asset, which oscillates repeatedly in the bottom range and accumulates momentum, often provides favorable return opportunities for patient investors.