Significant movement ahead: Monero broke out of a 5.5 year cup and handle pattern.

What is a cup and handle pattern?

In short it's a bullish continuation pattern. For more details look at what Investopedia has to say about it: https://www.investopedia.com/terms/c/cupandhandle.asp

And because graphs speak more than words here are some charts underlining what is currently happening:

• Exhibit (1) https://nitter.net/pic/orig/media%2FFzeK6aEWYAMh5Rv.jpg
• Exhibit (2) https://www.tradingview.com/x/ZgSHcW2p/
• Exhibit (3) https://nitter.net/pic/orig/media%2FFzeNWk0aMAEXL4Y.png

Some may remember that Monero was once briefly a top 4 coin. This is likely Monero's return into the top 10 and maybe even the top 5.

GM

tl:dr; It's time to say goodbye to "Stablenero". Monero is entering price discovery mode as we speak.