$XMR It is interesting to observe how whales move the Monero chart, with a clear accumulation in recent weeks, especially after $ZEC reached its all-time high. It is not easy to understand the reversals.

In the 4H chart, the price is approaching the EMA200 support again around 412. In the daily chart, the EMA200 is located near 335, and if a broader bearish trend develops in the market, I would also be attentive to the 1-year moving average around 290 as a key level.