{"id":15754,"date":"2025-11-11T18:37:43","date_gmt":"2025-11-11T18:37:43","guid":{"rendered":"https:\/\/bitunikey.com\/news\/monero-price-shrinks-from-yearly-high-bulls-losing-momentum\/"},"modified":"2025-11-11T18:37:51","modified_gmt":"2025-11-11T18:37:51","slug":"monero-price-shrinks-from-yearly-high-bulls-losing-momentum","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/monero-price-shrinks-from-yearly-high-bulls-losing-momentum\/","title":{"rendered":"Monero price shrinks from yearly high; bulls losing momentum?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Monero price rally to $460 has lost steam as bearish pressure builds near resistance, signaling a potential top formation and range-bound movement ahead.<\/p>\n<div id=\"cn-block-summary-block_e5461eb6142f4ebfedeccd8573c34198\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XMR rejected from $460 resistance, losing bullish momentum.<\/li>\n<li>Daily closes below $424 signal potential corrective phase.<\/li>\n<li>Key support sits at $194, aligning with Fibonacci and the value area high.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Monero (XMR) price has begun to show signs of weakness after establishing a new yearly high at $460. The bullish momentum that drove the coin upward appears to be fading, with several technical indicators suggesting that the asset may enter a corrective phase. <\/p>\n<p>The recent reclose below the $424 resistance level highlights a significant shift in sentiment, as buyers fail to maintain control at key high-timeframe levels.<\/p>\n<h2 class=\"wp-block-heading\"><strong>XMR price key technical points<\/strong><\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Major Resistance Zone:<\/strong>\u00a0XMR rejected from $460, followed by a reclose below $424 resistance.<\/li>\n<li><strong>Critical Support Levels:<\/strong>\u00a0High-timeframe support at $194 aligns with both the 0.618 Fibonacci retracement and the value area high.<\/li>\n<li><strong>Volume and Structure:<\/strong>\u00a0Weak follow-through volume and new daily candles closing below resistance suggest a possible corrective retracement.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">XMRUSDT (1W) Chart, Source: TradingView<\/figcaption><\/figure>\n<p>The recent price action in Monero has captured traders\u2019 attention, as the asset\u2019s failure to hold above the $424 region could signal a deeper retracement. The rejection at $460 was sharp, indicating that sellers are actively defending the region. The daily candle closing below this resistance further underscores the possibility of a bearish reversal back within the broader trading range that has defined Monero\u2019s market structure for several months.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>At present, Monero\u2019s price is trading below the key resistance cluster between $424 and $460. This area has historically acted as a significant supply zone, limiting bullish expansions. <\/p>\n<p>Continuing this rejection pattern increases the probability that XMR will revisit the lower boundary of its established range.<\/p>\n<p>The $194 region remains the primary area of interest for potential buyers, as it combines the 0.618 Fibonacci level with the value area high, forming a strong confluence zone of likely demand.<\/p>\n<p>If XMR continues to print daily closes below the $424 resistance, it would likely confirm acceptance back into the lower half of the range. Such a scenario could trigger a gradual correction toward the $194 support area, where buyers may look to reaccumulate before the next major impulse.<\/p>\n<h2 class=\"wp-block-heading\"><strong>What to expect in the coming price action<\/strong><\/h2>\n<p>From a technical and structural perspective, Monero\u2019s rejection from resistance suggests that a local top may already be in place. The asset now appears poised to enter a consolidation phase between $194 and $424, with the potential for range-bound trading before the next directional breakout. <\/p>\n<p>A confirmed reclaim above $424 would restore bullish confidence, while failure to hold above $400 will likely lead to a prolonged correction.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Monero price rally to $460 has lost steam as bearish pressure builds near resistance, signaling a potential top formation and range-bound movement ahead. Summary XMR rejected from $460 resistance, losing&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15754"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15754\/revisions"}],"predecessor-version":[{"id":15756,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15754\/revisions\/15756"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15755"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}