Monero XMR price is preparing for long-term growth

16 nov 2022

Monero is an old-school bastion of anonymity in the crypto world that has survived and is in demand. Because its "friends in the shop" from the first generation of altcoins DASH and ZEC are hopelessly depreciating, although they were once much more popular and expensive than XMR

Sooner or later, the cryptocurrency market will be regulated, and for holders of the XMR coin, its presence will be like a breath of fresh and anonymous air of the "truth cryptan")

If we look at the global price chart of XMRUSDT on the weekly timeframe, we will see that the price has been consolidating in the form of a triangle for more than 5 years since 2017.
Now the price has hit the lower boundary.
Also, the price of XMRUSD has not updated the June 2022 low, while the price of BTC and many other altcoins have recently updated their 2022 lows.

Summing up, we believe that keeping at least 1 XMR in your long-term investment portfolio is a matter of honor and devotion to the creators of the anonymous crypto world.

Sooner or later, the time will come when you can sell your Monero for $4000+.

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