Monero (XMR) experienced significant growth in November, along with other privacy coins, following the nullification of Tornado Cash sanctions. Monero saw a 21% increase in price and maintained its position as the largest privacy coin by market cap. The surge in privacy-focused assets was driven by renewed market confidence after regulatory changes. Monero's ADX has climbed to 41.4, indicating a strong trend, but a decrease in the D+ and increase in the D- suggests potential selling pressure. Despite this, Monero's EMA lines remain bullish, suggesting that the current upward momentum could continue. If the bullish trajectory persists, Monero's price could challenge resistance levels at $217 and potentially reach $220 and $225. However, a trend reversal could bring the price down to test support at $166.



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