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The Monero price has remained under pressure since mid-January, even as parts of the crypto market attempt to stabilize. After falling sharply through late January, the XMR price found support near $276 on February 6 and has since moved slightly higher.
But this recovery looks shaky. Chart patterns, weak dip buying, and mixed sentiment data suggest Monero may still be heading toward another major decline.
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Bear Flag Breakdown and Weak Dip Buying Put XMR Under Pressure
Since…
