✳️ Monero To The Rescue, Hits New Milestone, Next Target Mapped!

5 בינו׳ 2023

Monero just hit a new high breaking its highest price since May 2021.
This is the highest price Monero hits vs Bitcoin in 1.66 years...

It isn't easy to say this but it looks ready to continue growing.

So, where is the next target?

As usual, we have different tools to extract resistance levels/targets.

The first one is the October 2020 peak, sitting at 0.011811, this level can definitely work as resistance on the way up.

Now, we prefer the Fibonacci tool to extract targets as it has higher accuracy... This is what we have:

1) 0.10356 for a humble 12.5%.
2) 0.012405 (golden ratio) for a nice 35%.
3) 0.014454 for a great 56%. This level would signify the highest prices since April 2019.

It can happen... It is all possible of course.

Fiat money is infinite.
The world is really big... And some altcoins exist just for the purpose to protect us when everything else is going wrong.

If you want to protect your crypto/bitcoin... Monero has proven to be the right call.

11-April-2022 | Monero Is Here To Save The Day!
"Anyway, this one is looking good and looks like a safe-haven, for us to get through the Bitcoin drop."

2-July-20220 | Monero Weekly (Long-Term)
"Monero is good to buy and hold long-term. | A good place to let some crypto-funds rest. "

Namaste.