Monero (XMR) Quietly Gains 99.5% as Bitcoin Price Consolidates

Cointelegraph

Published Mar 27, 2020 01:59AM ET

Updated Mar 27, 2020 03:40AM ET

Since dropping to $24.05 during the strong marketwide correction that occurred on March 12, Monero (XMR) has rallied 99.5% and currently trades at $49.

The recent recovery occurred on consistently strong purchasing volume and the altcoin has spent the last 10 days trading in an ascending channel.

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