#USHouseMarketStructureDraft

Monero (XMRUSDT) Experiences Volatile Trading – Analysis – 06-05-2025

The price movement of Monero (XMRUSDT) has been characterized by volatility at the momentary levels, attempting to exhaust its clear buying saturation as indicated by the relative strength indicators. At the same time, it is trying to gain positive momentum that may help it resume its strong upward trend, under the influence of the main upward direction and trading alongside a short-term sub-trend line, with continued positive pressure resulting from its trading above the simple moving average for the past 50 days.

Based on this, our expectations indicate further upward movement for the currency's price during its upcoming trades, especially if it breaks the resistance at $296.00, aiming thereafter for the first resistance level at the price of $342.00.

Expected trend for the upcoming trades: Bullish