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The performance of Monero is still bearish and may pull the demand price for the crypto at 119. The bullish trend however may signal a change in the market trend, going uphill and may continue to gain given the right pressure.
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I am glad to see maybe that Monero is getting a bit more bullish, because it did take a hard hit and lost 63% of it’s value from april to the end of june this year, but then started to recover. Some of the technical indicators on the charts show a more bullish trend is forming these days.
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