🔥 Monero is waking up again… but can it keep the momentum?
Honestly, watching $XMR this week felt like seeing an old friend get back on their feet. Privacy coins have been on a tear lately, and Monero just jumped 14% in the past 24 hours. Not bad at all. 😄
What’s behind the move?
👉 Sentiment shot up to 74%, and buyers actually came back with real liquidity.
👉 Over $1.8M in positive Netflow showed fresh demand entering the market.
👉 CMF is still positive, meaning buyers are pushing harder than sellers.
But… it’s not all sunshine.
$XMR is once again stuck under that annoying descending resistance that has rejected price three times already. And the A/D indicator shows some investors are waiting on the sidelines, maybe hoping for cheaper entries.
If momentum holds, we could see another attempt at breaking that trendline. If not, a dip to lower support is definitely on the table.📉
Personally, I’m watching how A/D reacts next — that’s the real tell. 👀
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