History Warns Monero’s Rally May Face a Test

[madtrader]

Despite the strong momentum, historical price patterns suggest caution. Monero has attempted similar breakouts near its all-time highs seven times before, each followed by sharp corrections ranging from 40% to as much as 95%.

If that pattern repeats, XMR could retrace toward the $200–$270 range. However, a decisive and sustained breakout above the $500–$520 resistance zone would invalidate the bearish setup, potentially opening the door to a powerful move toward $775 and a new all-time high.

[chainsniff]

xmr either rips to new highs or does the classic 50% pullback, no in between