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Monero Price Prediction: Bulls Eye $343 as Market Interest Rebounds

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Monero (XMR) Price Prediction 2022
  • Monero holds firm above $300 as technical indicators confirm sustained momentum.
  • Futures data shows resilient trader participation despite declining open interest.
  • Exchange inflows and EMAs align to support continued bullish structure into Q4.

Monero (XMR) continues to hold strong momentum as bullish sentiment builds around the privacy-focused cryptocurrency. The token trades near $320, maintaining stability above critical moving averages. 

This structure points to renewed investor confidence and healthy participation across both spot and futures markets. Besides, the alignment of technical indicators and on-chain data supports a broader accumulation trend that could extend into the next quarter.

Strong Technical Setup

XMR price action on the 4-hour chart shows sustained support around the $300 zone. The 20-day exponential moving average (EMA) sits at $319, w…

Read The Full Article Monero Price Prediction: Bulls Eye $343 as Market Interest Rebounds On Coin Edition.

14h ago
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