Looking at Monero vs the US dollar today and we can see that there has been a heavy selloff. It is unlikely that the market will recover in the very short term. A possible bottom that could form is around 80 usd, however if we start trading below that, prices could trend much lower in the coming weeks/months.
Look for price action above 110 dollars to signal a comeback for the xmr/usd market.
- This reply was modified 1 year, 9 months ago by admin.