$MGI breakout on the Daily

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MMGI breaking out of a slight downward channel. Note: volume on the breakup candle isn't significant at the moment 9/17 12:00. MoneyGram is in the Remittance business. Crypto projects have made it their goals to minimize the fee charge for money transfers worldwide done on mobile phones nearly instantly. They had a partnership with crypto XRP but fell through on uncertainty with XRP regulation. Another crypto partnership or a Rumor of an all out buy out of MoneyGram by a crypto project is probable in the future.