The altcoin market is currently displaying mixed signals, with some tokens struggling while others show signs of recovery. Monero (XMR) stands out as a notable performer, with a 6% increase in price and a 41% spike in trading volume within the last 24 hours. XMR's price action has formed an ascending triangle pattern, suggesting a growing buying pressure and a potential upward trend. The resistance levels for XMR are at $216 and $227, while the support levels are at $181 and $169. Analysts caution traders to approach with caution and monitor key resistance levels and market sentiment for signs of a confirmed bullish breakout.



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