Monero - Sideways trend expects us

Once BTC’s rate has gone up, the price of Monero has lost around 2% of its price compared to its yesterday position.

Monero has touched the bottom on the 1D chart, and a slight recovery might occur. The rising MACD indicator confirms such price movements. Analyzing the historical background, XMR suffered two bearish waves, followed by a sideways trend.
The price is likely to locate in the yellow range until the end of summer, however, it will happen only if trading volume is high.