The party is over. $XMR has crashed. Massive 63% drop from ATH. This is a brutal bear trend. Long-term support is broken. The 20 and 50-day MAs show a bearish cross. The A/D indicator is at multi-month lows. The DMI confirms a powerful downtrend. $352 failed as support and is now strong resistance. Liquidation maps show $390-$420 and $500 as potential magnets, but these are selling opportunities. Shorting at $390 is the play. Catching this falling knife is insane. Do not buy.
Disclaimer: This is for informational purposes only.