At a time when privacy tools and coins have become the primary target of regulators around the world, the future of privacy-focused coins looks obsolete.
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The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs.
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XMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern.
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XMR's bearish setup comes as Monero prepares to launch the testnet version of its hard fork this month.
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The bullish setup emerges as Monero gears up to undergo a major hard fork in July 2022.
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The bullish setup emerges as Monero gears up to undergo a major hard fork in July 2022.
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