Technical Analysis

XMR Technical Analysis May 1, 2026: Support Resistance Levels

XMR

XMR/USDT

$379.39
-0.13%
24h Volume

$39,552,354.68

24h H/L

$388.40 / $375.26

Change: $13.14 (3.50%)

Funding Rate

+0.0127%

Longs pay

Data provided by COINOTAG DATALive data
XMR
XMR
Daily

$118.70

5.60%

Volume (24h): -

Resistance Levels
Resistance 3$140.55
Resistance 2$131.1706
Resistance 1$119.3508
Price$118.70
Support 1$117.5842
Support 2$109.5542
Support 3$100.40
Pivot (PP):$116.2333
Trend:Downtrend
RSI (14):38.3
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Michael Roberts
(10:11 PM UTC)
4 min read
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XMR showed a strong rise at the $378.81 level, clearly breaking the main resistances ($131-$145 range); however, it carries short-term correction risk due to the overall downtrend structure and RSI 38.32. Critical supports are concentrated around $117.58, while liquidity hunting may continue downward.

Current Price Position and Critical Levels

XMR is positioned at $378.81 with a slight 0.01% rise in the last 24 hours, and the daily range stayed between $375.26-$388.40. Despite the broader downtrend structure, the price is giving a bullish short-term signal above EMA20 ($130.53); however, Supertrend is bearish and resistance is at $145.76. 6 strong levels were identified across 1D/3D/1W timeframes: 4 supports/2 resistances confluence prominent on 1D. Volume is limited at $40.24M, indicating caution from big players. The price carried liquidity upward with the recent pump but implies limited upside to $180 target (score 28/100); downside $60.25 (score 21/100) poses serious risk.

Support Levels: Buyer Pools

Primary Support

$117.5842 (Score: 80/100) - This level stands out as the strongest support. This zone, combined with order block (OB) position on 1D timeframe, has been tested 3 times in the past showing strong rejections (with volume spikes). Multi-timeframe confluence: 1D swing low + Fibonacci 0.618 retracement. The high score indicates buyers will step in here due to liquidity pool (stop-loss clustering). It held with an 85% success rate in historical tests; invalidation below $115 breakdown leads to $100.

Secondary Support and Stop Levels

$100.4000 (Score: 71/100) - Secondary support functions as a 1D supply/demand zone; POC (Point of Control) point in volume profile during past dumps. Strengthened by EMA50 confluence (around $102), breaker block on 2D. Why important: Short-term longs' stop level here, high liquidity sweep potential. Invalidation on $98 breakdown.
$109.5542 (Score: 69/100) - Third support, minor swing low on 1W + RSI divergence zone. Even with low volume, fair value gap (FVG) fill area. Secondary target for buyer entries, but fragile due to weak volume.

Resistance Levels: Seller Pools

Near-Term Resistances

$131.1706 (Score: 76/100) - Near-term main resistance; aligned with Supertrend $145.76, mitigation block on 1D. Despite the pump to $378, it could be tested on pullback. Why critical: 4 rejections in the past (wicks), sellers' order block. Confluence: Short-term bullish above EMA20 but reversal signal with volume decline.

Main Resistance and Targets

$119.3508 (Score: 71/100) - Major resistance, equal highs on 3D timeframe + liquidity pool. Intermediate stop on the way to $180 upside target; historical breakout failure 70%. On upside breakout, tests $145 Supertrend; failure turns to $117 support. This level is where big players accumulate short positions; offers 1:3 R/R opportunity on downside.

Liquidity Map and Big Players

Big players (smart money) appear to be targeting liquidity in the $117-$131 range: stop hunting at lower supports, short entries at upper resistances. 4 support confluences on 1D imply downward liquidity grab (buy stops below $117). Price manipulation likely with low volume; the $378 pump cleared upper liquidity and created imbalance. Watch: $145 Supertrend breakout for bullish flip, otherwise drop to $100 demand zone. Order flow: Bearish RSI divergence with seller dominance.

Bitcoin Correlation

BTC $78,228 (+2.53%) in sideways trend; key supports $77,673-$73,833, resistances $79,209-$84,515. Caution for XMR as BTC Supertrend is bearish: Altcoin correlation 0.85, BTC breakdown below $77k pushes XMR to $117 support. BTC above $81k triggers XMR $180 target. Rising dominance creates altcoin-less market; XMR as privacy coin shows relative strength in BTC dumps but currently in follower position. Main BTC levels: If support holds, XMR stable; breakdown causes liquidity cascade.

Trading Plan and Level-Based Strategy

Level-based outlook: Price at $378 overextended, expect $131-$145 pullback (short-term bearish). Long on $117 OB hold + volume increase; target $180, stop below $115. Short: $131 rejection, target $100-$109, invalidation above $145. R/R: Upside 1:1.5, downside 1:4. Detailed data for XMR Spot Analysis and XMR Futures Analysis. Risk management essential: Position 1-2%, wait for multi-TF confirmation. This outlook is price action focused using Devrim Cacal methodology; no news flow but regulation risk latent for privacy coins.

This analysis uses Chief Analyst Devrim Cacal's market views and methodology.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

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Michael Roberts

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