Monero price forms bearish double top at $438 as bears tighten control
NegativeCryptocurrency

- Monero's price has formed a bearish double top at the $438 resistance level, indicating that sellers are gaining control and pushing the price downward toward the next significant support level at $313.
- This development is critical as it reflects the increasing selling pressure on Monero, which may lead to further declines in its value, impacting investor sentiment and market stability.
- The situation mirrors broader trends in the cryptocurrency market, where several major cryptocurrencies, including Ethereum and Dogecoin, are also experiencing significant downward pressure, raising concerns about a potential bear market across the sector.
— via World Pulse Now AI Editorial System







