Bulls Drive Recovery As XMR Eyes Multi Month Range Reversal
The post Bulls Drive Recovery As XMR Eyes Multi Month Range Reversal appeared com. Monero price today trades near $420, extending its rebound after buyers reclaimed control and broke above trendline support. Coinglass data shows $1. 38M in inflows, the strongest single-day accumulation in over a month as momentum shifts bullish. Key resistance sits at $440, with a breakout confirming reversal toward $455-$470, while support holds near $392-$380. Monero price today trades near $420, extending a strong recovery after buyers forced a breakout from the rising trendline that has guided the structure since early September. Buyers Step In As Inflows Accelerate XMR’s flow profile has shifted meaningfully over the past week. Coinglass data shows consistent green prints, with the November 15 session recording $1. 38 million in inflows, the largest single-day accumulation in more than a month. These inflows reflect renewed interest as price reclaimed the mid-trend region and moved toward the upper boundary of the long-running consolidation. Breakout Rally Retests Key EMA Cluster The daily chart shows a clean bullish structure. XMR trades above all major EMAs: 20-day EMA at $367. 67 50-day EMA at $340. 13 100-day EMA at $321. 30 200-day EMA at $300. 59 All four EMAs slope upward, forming a stacked bullish configuration that supports continued upward momentum. The Supertrend has flipped green and currently sits near $325, reinforcing the broader trend shift from neutral to bullish. XMR reclaimed the Ichimoku cloud in early November and is now trading well above it. The cloud acts as dynamic support between $340 and $360. As long as price holds above this region, the broader bias remains constructive. The major horizontal resistance lies at $440, a zone that rejected multiple rally attempts earlier in 2025. Breaking above this level would confirm that XMR has completed its long consolidation and opened a path toward higher levels. The rising trendline from the September low remains the most important structural support.