Monero Enters High-Volatility Selloff After 25% Weekly Drop

Monero (XMR) came under heavy selling pressure over the past 24 hours, extending a broader weekly decline as risk aversion continues to dominate the crypto market.

Based on the latest TradingView data, XMR fell to around $327, marking a 14% daily loss and pushing total losses for the past seven days to roughly 25%.

Price Break Accelerates After Failed Recovery

Monero attempted several short-lived rebounds earlier in January, but each bounce was met with renewed selling pressure. After peaking near the mid-$700 range during the recent rally, XMR has steadily trended lower, forming a sequence of lower highs and lower lows.

The most recent leg down accelerated after price failed to reclaim the $400–$420 zone, triggering a sharp move toward current levels near $325–$330.

Selling Pressure Intensifies on Rising Volume

Volume expanded notably during the latest decline, particularly during the breakdown below the $350 area. This suggests that the move lower was driven by active selling rather than thin liquidity alone.

The increase in volume alongside falling prices points to distribution, with market participants choosing to exit positions rather than accumulate during the drop.

Technical Indicators Reflect Elevated Risk

According to the accompanying metrics, Monero is currently trading well below its 50-day moving average near $481, while hovering close to its 200-day average around $370, highlighting the loss of medium-term trend support.

Volatility has spiked to nearly 18%, placing XMR among the most volatile major assets in the market right now. Meanwhile, the 14-day RSI sits in neutral territory, indicating that despite the sharp sell-off, momentum has not yet reached deeply oversold conditions.

Market Context Remains Fragile

The structure shown on the chart suggests that Monero’s decline is part of a broader risk-off environment rather than an isolated move. The failure to stabilize after multiple bounce attempts signals weak demand at current levels.

Until price action shows signs of stabilization or declining sell volume, Monero remains vulnerable to further downside or prolonged consolidation.

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