2026-01-17 16:29:55

Monero(XMR) USD Continuous Trend Observation

From a technical perspective, the $585 level is a key point. If XMR can successfully reach and break through this support/resistance level, a good reversal opportunity is likely in the short term. The current chart pattern shows the importance of this level — it could become a turning point in the bulls and bears battle.

Traders can watch for reactions at this level, and once a breakout is confirmed, the subsequent upward potential is worth looking forward to. At the same time, pay attention to trading volume to assess the authenticity of this reversal.

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ser_ngmi

· 01-19 10:00

If 585 can't break me, I'll just keep lying down. Anyway, XMR isn't going anywhere.

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fren.eth

· 01-19 06:48

Will 585 break or not? I feel like I'm being tricked into entering the market again.

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LiquidityHunter

· 01-17 16:59

Can we break through this 585 level? Feels like we've tested it multiple times. --- It's that same breakout theory again. What about the trading volume? Rebounds without volume are all fake. --- Monero has never been very popular. Is a price reversal at this level really reliable? --- Let's wait for confirmation. Entering now means getting trapped. --- The technicals all say so, so why hasn't it gone up yet...

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