Monero’s Chart Sparks Hope of Upside – Technical Analysis Suggests a Bullish Bat Pattern

As the cryptocurrency market experiences another period of price correction, Ethereum (ETH) has seen its value drop from $4,780 to around $4,400. However, Monero (XMR) has held strong, achieving a 5% gain despite this broader market downturn. Adding to the intrigue is the appearance of a potential bullish signal on XMR’s chart: a well-known harmonic structure known as the Bullish Bat pattern.