The first monero pump looks eerily similar to the second one.
The last consolidation period only lasted about 2 days before XMR fired its engines again. This time we can see it follows the exact same pattern with a breakout attempt having been made just a couple hours ago. It will be interesting to see what happens once Alphabay implements the currency tomorrow.
Will another rally ensue or will the news be sold?
Seems like a third rally is coming up. I believe dash will follow. Very interesting observation.
Cheers, I think dash sold off alot because of the monero hype so it could indeed make some nice gains as it recovers.
Related Article:
https://steemit.com/monero/@cloudmining/untraceable-cryptocurrency-monero-is-booming
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