Monero Wave Analysis – 1 December 2025

Monero: ⬇️ Sell

– Monero reversed from strong resistance zone

– Likely to fall to support level 375.00

Monero cryptocurrency recently reversed down from the strong resistance zone located between the resistance levels 416.00 (former multi-month high from May) and 435.00 (top of earlier wave b).

This resistance zone was further strengthened by the upper daily Bollinger Band.

Given the strength of the aforementioned resistance zone and the overbought daily Stochastic, Monero cryptocurrency can be expected to fall to the next round support level 375.00 (low of earlier wave a).

Source: https://fxpro.news