Monero (XMR), a privacy-focused digital asset, has broken out of a long period of low volatility and price consolidation. This breakout signifies a bullish shift in momentum for monero and suggests that the bear market lows have been absorbed. The price has established itself above $200, indicating that the path of least resistance is upwards. The next resistance level to watch is at $287, and a return to the sideways channel would invalidate the bullish outlook.



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