Monero (XMRThree days ago, the ) price fell by almost 10% after hitting a weekly high of around $290. However, technical indicators indicate that the pair will continue its upward trend over the coming months.

Notably, XMR’s price broke through its “falling-wedge” structure in the latter part of March. The price continued to move up in the afternoon sessions. Rising volumes indicate bullish sentiment from Monero traders.