Monero (XMR) is showing signs of weakness, and technical indicators suggest that XMR may face further pressure. Investors are watching closely to see whether XMR can maintain its $330 support level or fall toward the $280 range, a previous support zone.
At the time of writing, Monero (XMR) is trading at $328.12, with a 24-hour trading volume of $132.09 million and a market capitalization of $6.07 billion. The XMR has seen a 5.02% decline over the last 24 hours, raising questions about its near-term direction.
On February 12, 2026, crypto analyst CryptoPulse noted that XMR is forming a rising wedge pattern on the 4-hour chart, a structure that often warns of a potential decline.
The price is consolidating between higher highs and higher lows, but the uptrend is losing momentum. A decisive break below the $330 level could trigger further downside in the near term.
On the weekly chart, Monero is trading at a value of $329.37. The Relative Strength Index (RSI) is at 45.23, which is below the signal line at 60.12. The RSI is below 50, indicating a weakening of demand from investors.
The Moving Average (MA) ribbon is mixed. XMR is trading below its 20-week SMA ($401.68) and just above its 50-week SMA ($331.16), indicating short-term downward pressure. XMR is trading above its 100-week ($250.09) and 200-week ($202.99) SMAs, reinforcing its long-term uptrend.
The MACD is 23.53, which is below the signal line 38.18, with a -14.65 histogram. This is a bearish crossover, indicating that sellers are gaining power in the market. Without new buying pressure, XMR may lose even more.
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Therefore, investors are advised to watch Monero closely, as if it breaks below $330, it may decline further in the short term.
Investors are advised to watch Monero’s volume and its support levels closely over the next few days. Though short-term pressure is building on Monero, it is important to be aware of its technical indicators and support levels.
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