TronWeekly

Crypto World News

You are here: Home / Cryptocurrency News / Monero (XMR) Hovers Near $330 as Bearish Signals Raise Risk of Drop Toward $280

Monero (XMR) Hovers Near $330 as Bearish Signals Raise Risk of Drop Toward $280

What to know:

  • Monero (XMR) is hovering near the key $330 support, with bearish signals raising the risk of a drop toward the $280 zone.
  • A rising wedge pattern on the 4-hour chart suggests weakening momentum and a potential short-term breakdown.
  • Weekly indicators show softening demand, with RSI below 50 and a bearish MACD crossover favoring sellers.

By | Edited By Ammar Raza,,

Monero

Monero (XMR) is showing signs of weakness, and technical indicators suggest that XMR may face further pressure. Investors are watching closely to see whether XMR can maintain its $330 support level or fall toward the $280 range, a previous support zone.

At the time of writing, Monero (XMR) is trading at $328.12, with a 24-hour trading volume of $132.09 million and a market capitalization of $6.07 billion. The XMR has seen a 5.02% decline over the last 24 hours, raising questions about its near-term direction.

image.png
Source: CoinMarketCap

Monero Wedge Pattern Warns Breakdown

On February 12, 2026, crypto analyst CryptoPulse noted that XMR is forming a rising wedge pattern on the 4-hour chart, a structure that often warns of a potential decline.

image.png
Source: X

The price is consolidating between higher highs and higher lows, but the uptrend is losing momentum. A decisive break below the $330 level could trigger further downside in the near term.

Monero Momentum Weakens on the Weekly

On the weekly chart, Monero is trading at a value of $329.37. The Relative Strength Index (RSI) is at 45.23, which is below the signal line at 60.12. The RSI is below 50, indicating a weakening of demand from investors.

The Moving Average (MA) ribbon is mixed. XMR is trading below its 20-week SMA ($401.68) and just above its 50-week SMA ($331.16), indicating short-term downward pressure. XMR is trading above its 100-week ($250.09) and 200-week ($202.99) SMAs, reinforcing its long-term uptrend.

Source: TradingView

The MACD is 23.53, which is below the signal line 38.18, with a -14.65 histogram. This is a bearish crossover, indicating that sellers are gaining power in the market. Without new buying pressure, XMR may lose even more.

Also Read | BNB Q4 Review: DeFi TVL Declines, RWAs Reach $2 Billion

Monero Faces Pressure At Support

Therefore, investors are advised to watch Monero closely, as if it breaks below $330, it may decline further in the short term.

Investors are advised to watch Monero’s volume and its support levels closely over the next few days. Though short-term pressure is building on Monero, it is important to be aware of its technical indicators and support levels.

Also Read | Tether Targets Top 10 U.S. Treasury Bill Holders by 2026