El Monero, after reaching its historic peak about a month ago, has been gradually falling. Analyzing the bearish supports and knowing 4 Elliot Waves it can be predicted that it will roughly touch the support bar between 150-170 $.

![](https://steemitimages.com/DQmVLuBBuZqXoq6HaZA1buoREX58xPUsUHBA3xj9vDXamKa/image.png)

Because of this graphical behavior, the vast majority of experts recommend "Selling" because in the long term this tokens probably ends up falling.

![](https://steemitimages.com/DQmZojCFKxsqbBAwMQWqoAZvKhFwEmL9qLJVDoLGSQsoCAe/image.png)
<center><a
href="https://www.tradingview.com/symbols/XMRUSD/technicals/">Source</a></center>

Disclaimer, I am not a financial advisor, do your own due diligence when investing in cryptocurrencies. This is just my speculative opinion.

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src="https://steemitimages.com/DQmZRe4gwziYqkhdFdkgZCCvfY4ehsakYejgc8fpdo8eaj4/image.png"
/></center>