{"id":6946,"date":"2026-02-24T18:10:47","date_gmt":"2026-02-24T18:10:47","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6946"},"modified":"2026-02-24T18:10:47","modified_gmt":"2026-02-24T18:10:47","slug":"monero-xmr-hits-resistance-as-bears-threaten-the-300-level","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6946","title":{"rendered":"Monero (XMR) hits resistance as bears threaten the $300 level"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Monero-price-forecast-XMR-correction-or-free-fall-after-resent-peak-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Monero-price-forecast-XMR-correction-or-free-fall-after-resent-peak-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Monero-price-forecast-XMR-correction-or-free-fall-after-resent-peak-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Monero-price-forecast-XMR-correction-or-free-fall-after-resent-peak-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/Monero-price-forecast-XMR-correction-or-free-fall-after-resent-peak.png\" alt=\"Monero Price\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Monero price hovered above $327 and was up nearly 4% as Bitcoin bounced above $63,700.<\/li>\n<li>XMR faces fresh downward risks if bearish sentiment continues.<\/li>\n<li>The privacy coin could retest support at $265 or lower.<\/li>\n<\/ul>\n<p>Monero (XMR) traded around $327 as intensifying downward pressure threatened a bearish flip for the privacy coin alongside most top altcoins in the market.<\/p>\n<p>While the token ranked among the top intraday gainers during US trading hours on Tuesday, its uptick in the past 24 hours was just 4%. Selling pressure has recently capped gains around $340-$360.<\/p>\n<h2>XMR price today<\/h2>\n<p>Losses to the psychological support level of $300 could allow sellers to threaten fresh downside momentum.<\/p>\n<p>A sharp correction as Bitcoin and alts face declines would wipe out all gains Monero price has seen since rebounding from below $265 in October 2025.<\/p>\n<p>The altcoin is already well off the all-time highs reached in January 2026.<\/p>\n<p>Notably, bulls continue to bleed as the privacy narrative that pushed Monero to that peak on Jan. 14 has since cooled.<\/p>\n<p>Sector giants Zcash and Dash have also shed most of their recent gains.<\/p>\n<p>According to data from CoinMarketCap, XMR is down 59% from its peak.<\/p>\n<p>This means that struggling bulls might have a tough time defending immediate support levels, starting with $300.<\/p>\n<p>Regulatory headwinds remain an issue for XMR and other privacy coins.<\/p>\n<p>The token is not accessible on some exchanges, while jurisdictions such as the UAE have blacklisted these coins.<\/p>\n<p>However, the downturn in altcoins, as with BTC, comes amid miner outflows and profit-taking bets post-privacy coins rally.<\/p>\n<p>Headwinds around macroeconomic conditions have also exacerbated the declines.<\/p>\n<h2>Monero price technical analysis<\/h2>\n<p>Analysts note that cryptocurrencies could flip lower if BTC plummets to $50k.<\/p>\n<p>For now, bulls retain some say amid range-bound trading. But the overall picture alludes to weak participation as institutional demand cools.<\/p>\n<p>Sell pressure might not ease unless the market sees a significant rebound in spot, derivatives, and exchange-traded fund markets.<\/p>\n<p>Monero\u2019s price outlook could mirror these broader ecosystem movements.<\/p>\n<figure id=\"attachment_362215\" aria-describedby=\"caption-attachment-362215\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-362215\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/monero-xmr-chart.png\" alt=\"Monero Price Chart\" width=\"1057\" height=\"613\"\/><figcaption id=\"caption-attachment-362215\" class=\"wp-caption-text\">Monero price chart by TradingView<\/figcaption><\/figure>\n<p>XMR has traded lower since hitting its ATH on Jan 14 this year. An initial rebound faded near $625 on Jan. 19, and prices have broken lower since.<\/p>\n<p>On Feb. 5, XMR fell 23% to $290, and another uptick collapsed around $357 in mid-February.<\/p>\n<p>With MACD below zero and RSI at 39, the overriding sentiment is a bearish one.<\/p>\n<p>There\u2019s a bearish flag pattern formation on the daily chart, with $302 as support.<\/p>\n<p>If sellers breach this demand reload zone, a cascade of negative momentum could accelerate declines to October 2025 lows and then the $250-$230 lows.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Markets#Monero #XMR #hits #resistance #bears #threaten #level1771956647<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monero price hovered above $327 and was up nearly 4% as Bitcoin bounced above $63,700. XMR faces fresh downward risks if bearish sentiment continues. The privacy coin could retest support at $265 or lower. Monero (XMR) traded around $327 as intensifying downward pressure threatened a bearish flip for the privacy coin alongside most top altcoins<\/p>\n","protected":false},"author":1,"featured_media":6947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-6946","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Monero (XMR) hits resistance as bears threaten the $300 level - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Monero price was up 4% to above $327, but continues to face downside pressure and could dump to below $300\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=6946\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monero (XMR) hits resistance as bears threaten the $300 level\" \/>\n<meta property=\"og:description\" content=\"Monero price was up 4% to above $327, but continues to face downside pressure and could dump to below $300\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=6946\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-24T18:10:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/Monero-price-forecast-XMR-correction-or-free-fall-after-resent-peak.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1152\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6946\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=6946\",\"name\":\"Monero (XMR) hits resistance as bears threaten the $300 level - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6946#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6946#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/Monero-price-forecast-XMR-correction-or-free-fall-after-resent-peak.png\",\"datePublished\":\"2026-02-24T18:10:47+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Monero price was up 4% to above $327, but continues to face downside pressure and could dump to below $300\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6946#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=6946\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6946#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/Monero-price-forecast-XMR-correction-or-free-fall-after-resent-peak.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/Monero-price-forecast-XMR-correction-or-free-fall-after-resent-peak.png\",\"width\":1152,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6946#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Monero (XMR) hits resistance as bears threaten the $300 level\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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