Monero (XMR) is currently trading at $342.50, marking a 4.0% increase as it consolidates within a symmetrical triangle pattern. The cryptocurrency's key support level is identified at $321.06, while resistance is noted at $353.54. Traders are closely monitoring these levels for a potential breakout as the price nears the triangle's apex.
XMR has outperformed Bitcoin by 4.4% during this period, despite a general decrease in market volatility. The narrowing range suggests a significant price movement could be imminent, drawing attention from market participants.
Monero Holds Steady at $342 Amid Symmetrical Triangle Pattern
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