Monero XMR price analysisMoneroCRYPTO:XMRUSDP_S_tradeLet’s close this trading week with a look at XMR — the last member of the old “privacy coin trio,” whose story developed very differently from ZEC and $DASH. While ZEC and DASH spent years in something close to a coma, Monero kept moving higher. Maybe part of the reason is that XMR was also the coin that got banned and delisted the most. And from here we enter the territory of assumptions. 🙂 #Monero has always had a very specific audience — privacy advocates, anonymity maximalists and, let’s say, people who don’t particularly enjoy having someone looking into their transactions. So when we say “the price was kept in shape,” there’s quite a lot you could read into that — and not everything is something people like discussing openly. But back to the chart. Looking at #XMRUSD, it currently seems to us that as long as price trades below $666, the probability of a fairly deep correction looks higher than the probability of continued growth. Under what exact “sauce” Monero could theoretically lose up to 2/3 of its market cap, and whether that will happen at all — we have no idea. 🙂 But this is crypto. Sometimes the move happens first, and only then does the market find a nice explanation for it. And if you also look at which exchanges currently account for the largest spot volumes in XMR, there is at least some food for thought. 💬 Do you think XMR continues the privacy-coin story, or is a deeper correction coming this time? ______________ ◆ Follow us ❤️ for daily crypto insights & updates! 🚀 Don’t miss out on important market moves 🧠 DYOR | This is not financial advice, just thinking out loud