The main flaw in the XMR and ZEC recovery narrative isn't the thesis itself—it's that both charts are showing pretty weak momentum. Technical indicators don't align with the bullish case right now.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
PoolJumper
· 01-08 22:59
Weak momentum is weak, no matter how good the narrative sounds...
View OriginalReply0
CryptoComedian
· 01-08 22:48
Laughing and then crying, the technical charts have already revealed everything, yet we're still talking about a recovery narrative. Isn't that what my ex-girlfriend said: "We still have a chance"?
View OriginalReply0
SellTheBounce
· 01-08 22:43
Sell on the rebound. The charts of these two coins indeed look dull. The technical indicators are right there; no matter how good the story of a strong recovery sounds, it's all in vain. The market will tell the truth.
View OriginalReply0
DefiEngineerJack
· 01-08 22:32
nah tbh the momentum argument is kinda surface-level here... have you actually looked at the on-chain metrics tho? volume profile tells a different story fr
Reply0
OnchainFortuneTeller
· 01-08 22:29
Hmm... the momentum is extremely weak, having a story alone is useless. The best way is to interpret the chart.
The main flaw in the XMR and ZEC recovery narrative isn't the thesis itself—it's that both charts are showing pretty weak momentum. Technical indicators don't align with the bullish case right now.