$XMR #Monero Update

XMRUSDT

Perp

455.94

-3.03%

(requested by a follower)

Recent bottom at $455 formed after 10 consecutive red 4H candles, with RSI deeply oversold and MACD showing clear positive divergence.

Given the current market cap structure, I expect the rally to extend in the coming day, at minimum targeting the 200-period EMA and weekly average on the 4H chart around $505–$510.

A clean break above that zone opens the door to much stronger upside acceleration.

In a bearish case, $435 remains solid support (our prior calculated bottom target, market bottomed ~$10 higher).

A descending double-bottom pattern here, combined with positive RSI divergence, would strongly favor a bounce or renewed rally.

Your thoughts?

0xWhale