Monero flips daily structure bullish, $473 target

Monero has confirmed a bullish shift on the daily chart after reclaiming the $357 area. Buyers appear to have regained control, and the next major upside target sits near $473.

The daily price action shows a higher low followed by a new higher high, a common signal of trend continuation. The former resistance at $357 has flipped into support, a technical development that supports a potential continuation move.

As long as daily closes remain above $357, the bullish market structure stays intact and opens the path toward the $473 high-timeframe resistance. A sustained move above current levels would further reinforce the upward trend.

If $357 fails to hold, the advance could be delayed and price may enter a consolidation phase. In the broader market narrative, traders are also watching BCH, XMR, HYPE and BlockDAG.

monero, xmr, $357, $473, daily chart, bullish, higher low, higher high, bch, hype