2026-01-14 23:12:03

Monero (XMR) price movements show an interesting pattern. From a technical analysis perspective, this cup formation indicates that XMR has reached its target level. The notable point is that this structure started from the $300 level - an important reference point in the market cycle. The current price movement once again reminds us how strong the previous levels act as resistance and how critical these zones are in potential bullish scenarios. For technical traders, such formations provide important data when identifying support and resistance levels.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
7
Repost
Share

Comment

0/400

ImpermanentSage

· 01-16 08:36

That 300-dollar point is really a trap. Last time it broke, it caused a lot of people to get cut.

View OriginalReply0

rugpull_survivor

· 01-15 02:58

What is XMR messing around with now? The $300 level is really a hurdle... But looking at the technical charts, this pattern actually seems to have some potential. If it can break through the resistance level, it would be interesting.

View OriginalReply0

PonziWhisperer

· 01-14 23:41

XMR is playing the old trick again... Is the crucial support at 300 really that strong? It feels like the boy who cried wolf every time.

View OriginalReply0

LiquidityWitch

· 01-14 23:40

Is that 300 bucks really that tough? Feels like whether it breaks or not, it still takes half a day to deal with.

View OriginalReply0

ClassicDumpster

· 01-14 23:36

Is it really impossible to get past the 300-dollar level? I feel like I've heard this explanation a hundred times.

View OriginalReply0

NftMetaversePainter

· 01-14 23:33

ngl the algorithmic beauty of these resistance patterns is what separates serious traders from the noise... have you considered how the $300 baseline mirrors a blockchain primitive's foundational hash value?

Reply0

StealthMoon

· 01-14 23:29

That 300-blocks checkpoint is really stuck; it feels like I can't break through.

View OriginalReply0