XMR Price Faces a 10% Test As Monero Sheds One-Third of January Gains

Key Insights

  • XMR price has fallen about one-third from its January high, cooling after a very fast move above $800 earlier this month.
  • Social attention and big buying have slowed, making it harder for Monero to move higher in the short term.
  • $479 is the key level to watch, as a drop below it could lead to a roughly 10% decline, while $583 marks recovery strength.

Monero started 2026 strong. In early January, the price moved up very fast. XMR price climbed from the low $400s to above $800 in just a few days. The crypto community noticed this move as Monero became one of the most talked-about coins in the market, especially in the privacy coin space

However, that fast move did not last. After reaching a high, the Monero price began to decline. It did not crash, but it slowly gave back gains. Today, XMR trades near the $520 area. That means the cryptocurrency has lost about one-third of its January gains.

The Big XMR Price Move Happened Too Fast

The January rally was very quick. Prices moved up faster than usual. When the price moves like this, it often needs rest. Some buyers take profits. Some new buyers wait. That is what happened with Monero. After touching the $800 level, the price stopped moving higher.

XMR price began to slide down instead. This kind of pullback is normal. It does not mean Monero is weak. It only shows the market is slowing down, primarily due to profit booking.

Even after the drop, Monero is still much higher than it was in December. So, the bigger trend has not disappeared, but the speed is gone.

Fewer People are Talking About Monero Now

One thing that clearly changed is attention. Earlier in January, many people were talking about Monero. Posts increased. Searches increased. Discussions increased. All thanks to the privacy coin narrative going strong.

This was visible in social data. At its peak, Monero’s social dominance was close to 0.93%. Now, it is around 0.165%. That is a very big drop, close to 85%.

XMR Price and Social Chatter | Source: Santiment
XMR Price and Social Chatter | Source: Santiment

This tells us something simple. Fewer new people are talking about Monero right now. When fewer people talk, fewer new buyers arrive. XMR price can still move up, but it becomes harder. This does not mean interest is gone forever. It only shows that the early January excitement has cooled.

Big Monero Buyers Have Slowed Down as Selling Increases

Another thing to watch is money flow. During the rally, large buyers were active. They helped push XMR price higher. That activity has recently slowed. The Chaikin Money Flow has dipped below zero. This indicator, also termed CMF, measures the money flow into the asset, possibly from large wallets.

Money Flow Weakens | Source: TradingView
Money Flow Weakens | Source: TradingView

This shows big buyers are not adding as much as before. But there is an important detail. Money flow is still better than it was in December. So, buyers have paused, not disappeared. This is what markets often do after a fast rally. They stop, wait, and decide.

Exchange data adds one more clue. Earlier in January, Monero coins were leaving exchanges. This often happens when people want to hold long-term.

XMR Selling Pressure Surges | Source: CoinGlass
XMR Selling Pressure Surges | Source: CoinGlass

Now, more coins are moving back onto exchanges. This usually means some holders are preparing to sell. It adds pressure on price, especially in the short term. When this happens together with lower attention, the price often struggles.

XMR Price Levels That Matter Now

Right now, one level matters most. That level is $479. If Monero stays above $479, the larger uptrend stays alive. The market remains healthy, just slower. But if Monero falls below $479, things change.

From current levels, that would be close to a 10% drop. That move could erase most of the recent gains. In that case, price could drift toward the mid-$300 range. On the upside, Monero needs to move above $583. That level would show buyers are coming back.

A move above $583 would improve confidence. It would also reopen the path toward the old XMR price high.

Source: https://www.thecoinrepublic.com/2026/01/22/xmr-price-faces-a-10-test-as-monero-sheds-one-third-of-january-gains/