Can Monero price reclaim January highs as bullish MACD crossover forms after weekly rebound?
The post Can Monero price reclaim January highs as bullish MACD crossover forms after weekly rebound? appeared on BitcoinEthereumNews.com.
Monero price rebounded nearly 15% over the past week to $350 as investors bought the recent dip to a yearly low. It is close to charting a bullish MACD crossover that could pave the way for more upside in the coming weeks. Summary Monero price is close to confirming a bullish MACD crossover on the daily chart. Recent dip buying and demand for privacy tokens have supported XMR price action. On the daily chart, Monero price is on the brink of confirming a bullish MACD crossover, which occurs when the MACD line crosses over the signal line. Such a crossover typically means that buying pressure has started to outweigh the sellers who had been dominating previously. Monero price has confirmed a falling wedge pattern on the daily chart — Feb. 13 | Source: crypto.news XMR price has also confirmed a breakout from a falling wedge pattern formed when an asset price trades within two converging and descending lines. A falling wedge breakout has historically been one of the most reliable indicators of an impending bullish reversal in trend. For now, the next key resistance to watch lies at $375, the strong pivot reverse point of the Murray lines. A rally above this could trigger a sharp continuation to as high as $625, where the strong pivot reverse of the upper range lies. If bulls manage to push past that resistance, the next likely target would be a reclaim of the yearly high at $788. According to data from crypto.news, Monero (XMR) price rallied to a weekly high of around $350 on Feb. 12, before stabilizing around $334 at press time. Monero’s rally over the past months has largely been supported by renewed market chatter over privacy as a hedge, fueled by rising global surveillance concerns. As the European Union prepares…
Filed under: News - @ February 13, 2026 9:28 am