BTCC / BTCC Square / Cryptonews /
Monero Price Prediction: XMR Trapped Below $180 as Exchange Liquidity Crisis Deepens

Monero Price Prediction: XMR Trapped Below $180 as Exchange Liquidity Crisis Deepens

Author:
Cryptonews
Published:
2026-03-23 14:35:47
9
3

Monero (XMR) faces a critical liquidity warning after a violent rejection at $380 this week, signaling a potential 10% correction as the privacy coin's momentum evaporates. The asset is now trapped beneath its 200-day Exponential Moving Average, with bears seizing control as exchange order books thin dramatically.

Monero Price Prediction: Can XMR Hold $150 or Is a Crash to $135 Coming?

XMR is sitting at $355.95 on the 2h chart, and the structure here is messy but there is something worth noting underneath the noise.

Price got absolutely obliterated in early February, dropping from above $400 all the way to $287 in a near-vertical flush, and what has happened since then is a slow and choppy recovery that has been grinding higher lows over the past 6 weeks without ever fully breaking down again.

Source: XMRUSD / TradingView

The $400 level marked on the chart as a red dotted line is the psychological and technical ceiling that has not been reclaimed since the initial dump, and every rally attempt since February has failed to get back there, including the most recent push to $383 which rolled over and pulled back to the $340 range before bouncing again.

The current price action shows XMR bouncing off the $340 area for the second time in a week, which is starting to define that zone as a short term support floor, and the move back toward $356 suggests buyers are showing up there consistently.

The immediate resistance to clear is the $360 to $370 range where price has been churning, and above that the $383 recent high is the last wall before $400 comes back into view.

The bearish case is straightforward, lower highs since the February peak combined with a choppy recovery structure suggests this is distribution rather than accumulation, and a break below $340 would open the door back toward the $305 to $310 lows.

The $400 level is the line in the sand. Until that gets reclaimed, this chart is still in recovery mode, not breakout mode.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.