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Monero Price Prediction: $400 Incoming?

  • Monero (XMR) has shown signs of life on the daily chart, currently trading around $322.40 after bouncing from a recent low near $300.
  • The RSI (14) is hovering around 52.66, indicating a shift in price momentum towards a more balanced state, potentially signaling the start of a new uptrend.
  • Key levels to watch include support at $310–$318 and resistance at $340, with a target of $400 if Monero price breaks above the current resistance levels.
  • With sustained daily gains of 2%, Monero could realistically aim to reach $400 by mid-July if bullish momentum continues, but risk management is crucial in this volatile market.

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