Investment
Features
FeesSafety
Academy
More
Pluang+

Monero price drops below key support, risking deeper fall to $350 amid bearish momentum.

Technical Signals
18 May 2026
Crypto news
View Source
Bearish
pluang ai news

Monero (XMR) price fell below a crucial ascending trendline near $390, signaling a potential deeper correction toward $350 as bearish momentum strengthens. This decline follows a MACD bearish crossover and a drop in RSI, indicating weakening buying pressure after a recent rally above $400. Despite regulatory scrutiny on privacy coins, Monero maintains strong market dominance due to demand for anonymous transactions. If the price fails to reclaim the $400 resistance, further downside toward $320 is possible, but a recovery above $400 could lead to retesting $420 resistance.

More News (XMR)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App