XMR/USDT · 1D · 8 Nov 2026
Monero (XMR) price analysis — daily chart
Monero (XMR) is at 607.1 on the 1D chart. The structure is neutral. It is still digesting the spike — but this chart's own structure has not taken a side.
After the spike to 661.8: tightening to 591.7–626.5 inside the 564.1–651.9 range
The read
The structure is neutral. It is still digesting the spike — but this chart's own structure has not taken a side.
Beyond this chart: the weekly chart is up and the indicators favour the buyers' side.
Price is over the 50-day average (574.3). It is over the 200-day average (433.6).
The last 5 days are down 0.6%, nearly every high lower than the one before.
The base is tightening — its daily highs falling to 626.5, its daily lows lifting to 591.7.
A daily close over 626.5 breaks the squeeze up; the structure turns bullish over 651.9, the base's top; a close under 591.7 breaks it down, and under 564.1 the structure turns bearish.
Why
On the buyers' side: price is above the average price buyers have paid since the 318.4 low, 514.0, so those buyers are in profit; price is above the Ichimoku cloud (a widely watched trend gauge), and the gauge points up ahead.
On the sellers' side: price is below the Monthly VWAP (620.0).
If-then
The squeeze runs from 591.7 to 626.5; the first daily close outside it is the move.
A 1D close above 626.5 breaks the squeeze upward; the next level up is 651.9.
A 1D close below 591.7 breaks the squeeze downward; the next level down is 574.4.
Key levels
591.7 is the floor — the tightening's lower rail, the last of its higher daily lows; no day has traded under it since.
626.5 is the ceiling — the tightening's upper rail, the last of its lower daily highs that still stands; no day has traded over it since.
623.0, an order block 2.6% above price: sellers turned price there on 2 of 4 visits.
The full picture
On Oct 22 XMR spiked to 661.8, 29% over its 30-day low, on 4.3× normal volume; it has since traded between 564.1 and 661.8.
On the 1D chart, XMR has traded between 564.1 and 651.9 since the bounce. Now at 607.1, it sits in the middle of that range; the last daily close was 602.1.
Each daily top has come in lower than the last (651.9, then 626.5), while the bottoms have lifted (574.4, then 588.3, then 591.7) — the base is closing in; the round 600.0 sits 1.2% below the last daily close.
The weekly picture: a weekly uptrend, 24% under the all-time high; on the daily, price is above the 200-day average (433.6), and the 50-day average is above the 200-day average. The daily has no trend of its own.
Against BTC: over the last 5 daily candles XMR moved -0.6% and BTC -1.2% — XMR is moving with it.
The trend has been the buyers': the weekly chart is up. The indicators pull both ways: price is above the average price buyers have paid since the 318.4 low, 514.0, so those buyers are in profit; but price is below the Monthly VWAP (620.0).
Key levels
| Level | Price | From price | Role |
|---|
| Swing high | 661.8 | +9.0% | swing, read |
| Swing high | 651.9 | +7.4% | swing, read |
| 2-TF resistance | 638.8 | +5.2% | confluent, order block |
| Read ceiling | 627.3 | +3.3% | read edge |
| Golden pocket | 626.5 | +3.2% | golden pocket |
| Order block | 623.0 | +2.6% | order block, fib |
| 2-TF resistance | 617.2 | +1.6% | confluent, calendar |
| 2-TF resistance | 610.0 | +0.5% | confluent, order block |
| Support | 600.1 | -1.2% | calendar, sr |
Updated 8 Nov 2026. Run a live Monero read →
New to reading charts? Support and resistance · Market structure · How to read a crypto chart
Other markets: Bitcoin · Ethereum · BNB · XRP · Solana · Tron · Zcash · Hyperliquid · Dogecoin · WhiteBIT Coin · LEO Token · Chainlink · Cardano · Stellar · Bitcoin Cash · NEAR · Uniswap · Litecoin · Rain · Canton · Avalanche · Sui · Tether Gold · Gram (prev. Toncoin) · Hedera · Quant · Global Dollar · Ripple USD · Bittensor · Shiba Inu · Cronos · Ondo US Dollar Yield · OKB · Pepe · Circle USYC · Ethena · Aave · Falcon USD · PAX Gold · BlackRock USD Institutional Digital Liquidity Fund · Ondo · Aster · Bitway · Pump.fun · Polkadot · USDD · Sky · Mantle · World Liberty Financial
← Crypto market today · All analysis
Get your alerts on this phoneAdd Sylvo to your home screen — one tap, no app store.