Monero could reach $910–$1,150 if it reclaims $800, report says

Beincrypto reports Monero could target $910–$1,150, but only if the price reclaims and holds above $800. The asset stabilized after a roughly 33% correction from a near-$800 peak on January 14 and has compressed into a tight, flag-like consolidation.

On the 12-hour chart XMR pushed above the upper trendline of that flag, and Chaikin Money Flow sits near 0.05, a level the report says supports upside if it moves higher. However, the Money Flow Index slipped below 61.7 during January 10–19, signalling weaker dip buying. Spot flows also flipped: roughly $23.95 million flowed off exchanges on January 18, then about $2.31 million flowed back on January 19, which the piece links to possible profit-taking during the breakout attempt.

Derivatives positioning adds fragility: Binance XMR/USDT perpetuals show cumulative long liquidation leverage near $13.94 million versus about $5.72 million in short leverage, leaving a roughly 70% long skew. The analysis highlights $620 as a critical downside level that would expose much of those longs to liquidation, and says losing $530 would liquidate most long positions and invalidate the pole-and-flag pattern. Until XMR posts a clean 12-hour close above $800, the breakout remains difficult, the report concludes.

Key Topics

Crypto, Monero, Xmr/usdt Perpetual, Binance, Chaikin Money Flow, Money Flow Index