Is Monero a buy? We look at the short and long term outlook of the token in our XMR price prediction.
We’ll also take a look at two exciting presale tokens that investors are plunging into right now.
Monero’s XMR correlated with the broader market trend over the past year while the buyers were yet to find reliable rebounding grounds on the charts. With the Crypto Fear and Greed Index swaying in the ‘extreme fear’ region for a while now, XMR bulls have found it challenging to escape the bearish shackles.
With the selling volumes registering a spike in the last few weeks, the bears have negated the bullish efforts by pulling the coin below its long-term resistance levels.
The FTX disaster in the last month has only delayed the near-term recovery prospects of most cryptos. To sweep through these rocky waters, investors could consider including some high-potential presales that could refute the broader bearish trend. Let’s look at some upcoming crypto projects like Dash 2 Trade a

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