Monero (XMR) Technical Analysis – May 2025 Update
Monero (XMR) has shown strong resilience in a weak broader market, surging from a low of $185 in April to a recent high of $351.90. The price is currently hovering around $339, and the next move could be pivotal.
🔍 Key Technical Levels:
Support Zone: $319–$320
➤ If XMR holds above this level for at least 2 daily closes, further upside is likely.
Resistance Levels:
First target: $400 (psychological and structural resistance)
Extended target: $484 (bullish breakout continuation)
❗ Bearish Scenario:
If XMR fails to hold $320, a significant drop could follow, revisiting previous support levels:
Downside Target: $225
➤ This was a major level last discussed in January 2025.
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✅ Trade Setup:
Entry (Long): On confirmation of daily closes above $320
Target 1: $400
Target 2: $484
Stop Loss: Below $319 on 2 daily candle closes
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💬 Monero has proven strength, but the $320 level is the key battleground. A sustained hold opens the door to a major rally — failure leads to sharp downside risk.
