Peter Brandt posted, hinting that Monero may be brewing a major move.
Oct 21, 14:42
October 21 - Peter Brandt, a renowned trader and chart analyst who successfully predicted the 2018 Bitcoin crash, released a technical chart for XMR (Monero) this morning, stating that the current pattern of Monero is very similar to that of silver before its significant rise to $125, potentially brewing a similar large-scale upward trend.
In the XMR monthly chart he published, after a long-term consolidation, the price of XMR has repeatedly tested/broken through near key resistance (roughly the 500–600 area), and the moving average structure is also beginning to strengthen.