XMR recent trend needs close attention. Since the start of the main upward wave in mid-December, although the price performance has been impressive, several dangerous signals have appeared on the technical side that warrant caution.



From an indicator perspective, the current situation indeed deserves in-depth analysis. The RSI has surged to 91.34, which is rare in the 4-hour timeframe for such extreme overbought conditions. This usually indicates that short-term buying has been severely overextended, and the risk of momentum exhaustion is increasing. Meanwhile, the price has deviated significantly from the upper Bollinger Band and the long-term moving average, with profit-taking piling up at high levels—this is a classic sign of resistance.

The risk of MACD bearish divergence is also emerging, with the Bollinger Bands in an extreme expansion state, and signs of divergence between volume and price are beginning to appear. Based on historical experience, such a combination of signals often indicates a high probability of a technical correction.

In the current market environment, the risk of blindly chasing highs clearly outweighs the potential gains. If you are still contemplating your trading strategy, a diversified position might be a more prudent approach. Investors already holding positions should also prepare risk management plans in advance to prevent short-term volatility from disrupting their rhythm.

Before macroeconomic data releases like the US CPI, market sentiment often amplifies technical pressures. In such a context, exercising extra caution is always wise.
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SchrodingersFOMOvip
· 19h ago
RSI has already soared to 91, what are you still chasing? Waiting for a pullback is a standard move, right?
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rekt_but_resilientvip
· 19h ago
RSI is already at 91, and this guy is still talking about technical analysis? Going all-in is the true Web3 spirit.
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GasFeeBeggarvip
· 19h ago
RSI 91 is almost exploding, still dare to chase? I don't believe this wave can rise further.
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MagicBeanvip
· 19h ago
RSI is already at 91, are you still daring to chase? Isn't that asking for death? It's time to calm down.
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DegenWhisperervip
· 19h ago
RSI is already at 91, are we still chasing this wave? I think it's risky. Wait, it's that same Bollinger Bands and MACD explanation again, but this time I do feel a bit anxious. XMR's performance this month has indeed been a bit tense, but historical divergence isn't foolproof either. Dividing positions is a decent suggestion, better than going all-in. The technical indicators are flashing red, but a breakout isn't out of the question either. Speaking of which, before the CPI data release, this kind of market is the most unpredictable—no one knows how it will move.
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ChainWatchervip
· 19h ago
RSI 91.34 this number makes me a bit nervous, feels like it's paving the way for the next wave of pullback Diversified positioning is indeed reliable, don't be brainwashed by the upward trend CPI eve is not a hero, holding onto chips is the most important XMR this wave is a bit fierce, does it really look like it's coming to an end? Accumulating so much profit-taking at high levels, it seems a bit risky no matter how you think about it Bollinger Bands are about to explode, be cautious Honestly, chasing high now is just giving away money, wait for the pullback to get in MACD divergence usually signals a decline, it's a matter of experience
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