Monero is still vulnerable -bearish predictions ahead
the coin still seems to be pretty vulnerable these days. At the moment of writing this article, XMR is trading in the red on CMC, and it’s priced just above $80.
The level of $100 is a crucial point for the coin, and experts expect to see when this can be surpassed again.
Cryptocurrencynews online magazine has a pretty bearish prediction regaring the price of XMR.
They note that “Currently, Monero (XMR) is stable but still under pressure, just like Bitcoin and other coins, and there is a possibility of bears flowing back. XMR’s flexible resistance level of $100 is likely to edge lower unless a surge happens beyond the middle Bollinger Band.”