A while ago I made an analysis on XMR and the falling wedge it was trading in. In that analysis I wrote that the bulls had more proving to do before a bullish reversal could be initiated.

As of today, XMR has finally broken out of the wedge pattern and is looking for further upside. For the coming weeks I’m looking at a target around $250, potentially even $300 if things stay this bullish .

Happy trading!