2026-01-12 12:40:34

$XMR

New all-time high formed in early January.
I’m approaching this situation starting from the annual chart.
In 2025 the asset traded in a very wide range: 183.42–499.11
Price ended 2025 close to 75% of the 2021 candle top (ATH 521.00)
This supports the idea of continued upside
However, I would prefer to see a healthy correction:
ideally toward 50% Fibonacci of the 2025 range → 341.27
this level is just below the midpoint of the current gap zone between the 2026 low and 2023 high
If we project the previous pullback (Jan–Aug 2025), the level 610.08 becomes visible — meaning we are very close to forming a new ATH.
At all-time highs, it is common to see:
closing of large long positions
opening of large short positions
→ this often pushes price even higher before reversal
For now, it is impossible to say where the move will end.
Monitoring lower timeframes is key.
#XMR #altcoins
‍#XMRHitsNewHigh $

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