Monero rally continues as big capital pauses; $880 possible, $590 key

Beincrypto reports Monero’s XMR price has surged — up nearly 56% over the past seven days and about 2.7% in the last 24 hours — even as Chaikin Money Flow indicates large capital is not accelerating and positive sentiment has dropped roughly 72%. The analysis notes CMF is hovering below the 0.38 level on the 12‑hour chart rather than rising with price, which the report says suggests big money is observing rather than chasing and that CMF likely needs to break above 0.38 for a clean rally extension.

Sentiment fell from about 102 to near 29 in roughly 24 hours; the piece cites a November 9 example where a prior sentiment peak preceded a 26% decline. Spot exchange flows also cooled, with roughly $5.77 million of XMR moved off exchanges on January 13 and about $751,000 by January 14, an 87% drop, which the report interprets as buyers stepping back rather than a surge in selling.

Key levels matter next: a clean reclaim and hold above the $721 all‑time high zone would suggest buyers remain in control, and if CMF turns higher, sentiment stabilizes and spot outflows resume, $880 is identified as the next technical target (about 25% upside). Conversely, the report warns that if CMF rolls over, sentiment falls below 14 (especially under 11) and spot buying fades, $590 becomes the critical downside level and a break below it would raise the risk of a deeper correction.

Key Topics

Crypto, Monero, Xmr, Chaikin Money Flow, Santiment, Coinglass