Is Monero’s Price Ready to Do the Cha‑Cha Again?

by

While the broader crypto‑realm has settled into a muddled lull, with major currencies meandering like lost dwarves in a tin‑roof factory, all eyes have turned to the enigmatic Monero (XMR). The last few sessions wore Monero’s price like a new hat: buyers have literally taken the reins, and now a fresh TD Sequential buy signal pirouettes into view at precisely the same spot. Traders are left with a cheeky dilemma: is XMR hunkering down for a snooze or merely pausing before another tumble into the market’s marmalade?

TD Sequential Buy Signal: Time to Do the Cha‑Cha?

On the 4‑hour o’clock, Monero printed a TD Sequential “9” buy signal-a pattern that usually shouts “stop the party” near the last but not the first beat of a downturn. The signal emerged when the price sat closely around the $320 realm, candles tightening like a Spartan’s collar until they reach a colourless plum meat‑ball size. The behaviour indicates sellers have dimmed their flame, and the market is slipping from a whirlwind to a gentle balancing act.

The TD Sequential nailed the local top on Monero $XMR.

Now it’s flashing a buy signal!

– Ali Charts (@alicharts) February 16, 2026

Historically, this set‑up is less of a pinpoint of the absolute lowest point, and more of a sweet spot where aggressive sellers are too windburnt to keep pressing their iron. Instead, reactive buyers start stepping in. Confirmatory steps would involve a march back over the nearby $355-$365 resistance band-an area that once blocked intraday supply. If Monero can bravely cross that rope, waltzing onto the higher $390-$410 liquidity nest, the recovery chest might open wide. Should it fail, the beast will zip into sideways consolidation, carefully building a base. A slide beneath $320 would beach the exhaustion signal and show that sellers still feel the landlord’s grip. Presently, the indicator favours stabilization first, then the next breakout decides the direction.

XMR Price Structure: A Short‑Term Base That Might Become a Scone Factory

After a notable tumble, XMR has tucked itself into a compressed zone, halting the frenzy and shifting into a contortionist‑like pressure relief hat. Over recent sessions, the token price has been tumbling between $320 and $350, barely more quivering than a wobbly turban. The current arrangement resembles a snip of a short‑term base, formed post‑exhaustion, like a bakery’s extra loaf ready to rise.


The next crucial threshold clings near $350-$360, originating from the last frosted reject. If the price bows over this band, XMR could step back above its short‑term moving averages and reveal the $390 region, followed by the larger supply zone near $420-$450. If not, the recovery attempt sours; a slide off $320 may see the price wading back down to $300, the lingering demand zone. For now, the chart structure some time ago swung into recovery, but hasn’t quite promised a full-on uptrend.

Final Thoughts: Don’t Let the Market Turn into a Painted Glass Workshop

Monero has moved from impulsive selling into a very serious “maybe‑it‑works‑this‑time” decision phase. The TD Sequential buy signal suggests the downward gales are dying, but it’s still waiting on the price to accept the resistance instead of just preaching about signals. Holding the $320-$330 base keeps the recovery plan in play; a lift past $360 might lure momentum traders back in, exposing the $390-$420 supply exodus. Alas, losing support will promptly turn the mood bearish again, reopening $300 in a swift retrace.

Is Monero’s Price Ready to Do the Cha‑Cha Again?

Read More

2026-02-17 14:51