Monero keeps an uptrend but loses momentum on Nov. 2
BROBROK News · Based on reporting by DiarioBitcoin ·
Monero (XMR) traded at $605.37 and remained above key short-, medium-, and long-term moving averages. Even so, volume was below its monthly average and the MACD showed weakening momentum in the near term.
Key points
- XMR stayed above the 7-, 30- and 200-day SMAs
- Daily volume was 16% below the 30-day average
- RSI at 57 suggests a neutral to mildly bullish setup
- MACD histogram remained negative
- No confirmed catalyst was identified
Why it matters
The chart still points to a constructive trend, but softer volume and fading momentum make the move less convincing. For crypto investors, that means the market is holding up, yet lacks clear strength for a decisive breakout.
Original headline: “XMR el 2 de noviembre de 2026: Monero sostiene una estructura alcista, pero pierde impulso”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.