According to @crypto_birb, XMR is exhibiting a giant ascending triangle pattern, representing nearly 8 years of consolidation, which is a significant technical setup for Monero traders. This long-term pattern often signals a potential breakout, and historically, such formations can precede sharp price movements once resistance is breached. Traders monitoring Monero ($XMR) should closely watch the upper trendline, as a decisive breakout above this level may trigger increased volatility and trading opportunities (source: @crypto_birb Twitter).
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XMR Forms 8-Year Ascending Triangle: Key Monero Price Breakout Signal for Crypto Traders – Blockchain News
