Monero Faces 60% Price Decline Amid Bearish Market Conditions

Monero has experienced a significant 60% drop in its price over the past month due to substantial selling and decreased trader interest. According to NS3. AI, despite some indicators of bullish momentum suggesting a potential reduction in selling pressure, XMR remains below crucial resistance levels. The cryptocurrency is at risk of a death cross, which, if confirmed, could push the price further down towards $265, indicating prolonged bearish conditions source: https://www.binance.com/en/square/post/289459442794481?utm_source=BinanceNewsRSS