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Market Overview: The cryptocurrency market is showing strength, with Ethereum (ETH) trading near $4,650 and Monero (XMR) gaining 7% over the past week, indicating bullish momentum among altcoins.
Monero's Harmonic Pattern: Monero is forming a Bullish Bat harmonic pattern, with potential upside targets between $331 and $422, contingent on breaking above the 100-day moving average, while failure to hold above the 200-day MA could lead to consolidation.
