Monero faces short-term selling pressure despite strong on-chain activity

Monero (XMR) faces short-term selling pressure below key moving averages. On-chain activity remains strong despite exchange delistings. Support lies at $300 while the immediate resistance sits near $381. After reaching an all-time high near $798 in January, Monero (XMR) cryptocurrency has experienced significant short-term volatility. In the last month alone, XMR has retraced over 44% […] The post Monero faces short-term selling pressure despite strong on-chain activity appeared first on CoinJournal.