Key Insights
Monero price dropped 65% from $799 to $277, forming an ascending channel that acts as a bear flag, not a reversal.
Exchange inflows reached $1.18 million on March 22, while the XMR price rose 5%, suggesting exit pressure is building.
Monero price targets $300 after a 16% drop, despite the FCMP++ upgrade and 67% yearly gains in the privacy sector.
Monero price dropped 65% from its mid-January high of $799 down to a February low of $277. XMR price has rebounded to around $359 since then. The recovery formed an ascending channel. But this channel appeared after a massive crash. So, that makes it a bear flag continuation pattern with a critical downside risk.
Ascending Channel Signals Bear Flag for Monero Price
An ascending channel consists of two parallel lines that slope upward over time. Price bounces between these lines, creating a rising pattern. When this forms after a strong uptrend, it signals continuation of gains.
However, when it appears after a steep
We współpracy z: https://www.thecoinrepublic.com/2026/03/23/monero-price-risks-16-drop-as-bearish-pattern-points-to-300/
