Momentum improves on lower timeframes, but broader demand still looks fragile.

The liquidation levels at and above $385 are likely to pull Monero prices higher in the coming days.

The bullish structure means that a move toward the $0.5-$0.52 resistance zone is in progress.

While the spot trading volume made smaller peaks over the past year, Futures trading has remained strong.

While the spot trading volume made smaller peaks over the past year, Futures trading has remained strong.

Bulls eye a move past $3.2, but MYX’s mixed timeframes leave traders watching for clearer conviction.

Traders must remain patient for a range breakout to occur on high trading volume before betting on the next direction.

The high weekend volatility meant that long positions were highly risky, and short-selling was rampant.

The anticipated dovish Federal policy saw the Coinbase Premium Index turn positive on 28 November.

A sustained growth in spot demand and OI is necessary to drive the next rally.