XMR/USD: Bulls try to fight back as overall market remains bearish

FXStreet Team FXStreet

The overall XMR/USD market remains in a bearish trend.
Bulls need to break past short-term resistance barriers to reverse the overall trend of the market.

XMR/USD has been hovering around $44 for the last four days. The buyers rallied back this Friday, to end the day on a bullish note. The overall market remains bearish, and the bulls need to break past short-term resistance goals to reverse this trend.

XMR/USD daily chart

The market is hovering around the $44 price range and is regularly using the $43 support line to bounce back up whenever the market goes down. The bulls need to push past the $47.50 resistance level to reverse the trend in the long term.

In the short term, the buyers will need to break past the resistance offered by the downward trending line, which has been pushing the market down since 20th November 2018.

Author

FXStreet Team

FXStreet

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.