-7.53% for Monero — Sellers control after post-listing volatility and weak broader sentiment

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Monero drops 7.53% today to $343

Highlights

Monero's March 2026 listing on BRIDGERS and integration of SWFT Blockchain enhanced liquidity and privacy for XMR transactions.
Capital shifted toward privacy coins following updated wallet security guides, yet XMR price continued to face broad market selling pressure.
XMR trades above short-term support but remains below major moving averages; $310–$375 expected range with low probability of near-term upside.

Ecosystem upgrades and liquidity drive capital flow amid selling

Monero was listed on BRIDGERS in early March 2026, following a SWFT Blockchain announcement enabling XMR routing via non-custodial execution with smart contracts and enhanced liquidity. Updated guides for secure wallet usage were also released during this period, focusing on privacy strategies for desktop and mobile transactions. Capital rotation towards privacy-focused cryptocurrencies was reported alongside these ecosystem developments, though price action has remained under broader selling pressure.

Divergent momentum signals as sellers dominate intraday volatility

Momentum signals are mixed for XMR: the MACD points to strong selling activity, while the ADX measures weak trend strength on the daily chart but stronger weekly momentum. Among oscillators, the RSI remains neutral, whereas the Commodity Channel Index and Stochastic RSI suggest overbought conditions. Bull/Bear Power shows recent buyer strength on daily data but turns negative intraday, and the Awesome Oscillator continues to support an underlying uptrend. After opening at $361.84 with no gap from the previous close, XMR dropped 7.53% to near today’s low after a sharp intraday decline, reflecting substantial volatility and dominance by sellers after the open.

Downward trend likely to persist as breakout probabilities remain low

Looking ahead to the next five sessions, XMR is projected to trade within a typical volatility band of $310–$375 relative to current levels. The probability of upward movement remains low (less than 20%), suggesting a likely continuation of the downward trend. In a baseline scenario, XMR should remain confined between support and resistance; a bullish breakout above $338.91 would indicate renewed buyer interest, while a bearish break below $337 could trigger further selling and a move toward the lower end of the expected range.

Viktoras Karapetjanc, senior analyst at Traders Union, sees Monero’s setup as fundamentally interesting, despite near-term technical pressures and heightened volatility. He notes that recent listings and network improvements have anchored XMR as a key privacy asset, even amid broad selloffs. While medium- and long-term resistance levels loom, the market’s focus on privacy and capital flows into the sector remain constructive signals. Karapetjanc remains confident that this foundation could support buyers once sentiment improves. "If XMR can defend support above $337.16 and buyers step in, I see solid recovery potential over the coming weeks."

Previously it was reported that Monero is exhibiting short-term bullish momentum above its 20-day moving average, but remains under medium- and long-term moving averages, with muted privacy demand failing to drive a rally amid geopolitical tensions. Momentum indicators present a mixed picture, with overbought oscillators suggesting potential for a near-term pullback, while immediate support is seen at the Ichimoku Kijun and significant resistance remains above, keeping the asset range-bound with downside risks prevailing.

Source of Data: XMR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.