Monero Price Surge of Over 12% Captivates Market Attention
- Price Surge: Monero (XMR) has surged over 12% in a single session, climbing to the $488 region, demonstrating its strong performance amid overall market pressure, indicating that this rebound is driven by internal market mechanics.
- Liquidation Flow Imbalance: As of January 31, 2026, short liquidations for Monero reached approximately $324,000, while long liquidations were only $41,000, reflecting an almost 8:1 imbalance that highlights the market's strong reaction to short positions.
- Liquidity Concentration: Dense short leverage clusters between $460 and $480 led to accelerated price movement after breaking through that range, pushing Monero toward the $490-$500 liquidity pocket, indicating a structurally one-sided market.
- Technical Analysis: Monero's price operates within a weekly rising channel, with the latest surge pushing prices from the lower channel region to the mid-channel region; a decisive close above $500 could trigger another round of short covering, further driving prices toward the $520-$550 range.
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Technical Analysis for XMR
Technical Sentiment Analysis for Monero (XMR) As of , Monero (XMR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XMR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, XMR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Monero (XMR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 41.88 | 159.08 | 266.2 | 383.4 | 490.52 | 607.72 | 714.84 |
| Fibonacci | 159.08 | 244.77 | 297.71 | 383.4 | 469.09 | 522.03 | 607.72 |
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