Monero (XMR) Joins Market Uptrend, Sustenance Proves Doubtful

at a price of $152.50, up by 3.33% over the past 24 hours. Monero is capitalizing on the recent growth in the market as its positive momentum has been solidified as it has accrued a total of 12.99% over the past week.Recording a bullish uptrend can easily be triggered by general market sentiment, and sustaining the contracted growth is typically a function of the protocol’s key fundamentals.

According to data from CoinMarketCap, Monero has seen a 12.37% slump in its trading volume overnight, a figure that shows the buying momentum might recede in the near term.

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