There is no technical analysis for this chart, I just thought it was funny that my arbitrarily drawn line was so darn accurate on the first hump, so I wanted to keep this to look back on it throughout the year to see if I had some super powers or something. It'd be great if XMR price followed this line, but it's probably wishful thinking!
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Monero clearly put up a good fight but eventually caved down to that blue trend line along with bitcoin's fall. Let's see if it'll get back to that orange line level in the next month. I'm guessing around $440 on the next peak if we don't get clobbered by some renewed media FUD by bitcoin bears.