DealerBTC

LIFUI. O. LOR. #MONERO #XMR $XMR My Thoughts: DIAMOND $15-$18K

Long
BITFINEX:XMRUSD   Monero
In my opinion, relative to other projects in the market, Monero is an extremely undervalued coin. I believe the price has been suppressed by market makers. After breaking out above the run from the high from the 2017 bull run, I believe there is a good chance Monero follows the trajectory that Ethereum had followed. Keep in mind that Monero has a relatively smaller circulating supply. It is an established and proven projects. Also due to the recent geopolitical turmoil, privacy could very well become the next hot niche. If this described scenario plays out, I believe Monero would likely continue to $15,000 - $18,000 per coin.

I am only sharing my thoughts. Do your own homework. In my opinion good support is at $0 and no trade should be executed without knowing this.

This trade idea is not financial advice. I am not a financial advisor of any kind.

Please do your own analysis, responsibly manage your risk, and stay safe.

Do you like my analysis? Do you want to stop paying for stop losses and make money? Come trade with me in my private Discord group with this link discord.gg/q5Q7GzVD3h - Send me a DM to start.
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