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XMR Market Commentary: January 23, 2026 Critical Support Test and Bearish Momentum

XMR Market Commentary: January 23, 2026 Critical Support Test and Bearish Momentum

BearishBTC logoBTCXMR logoXMR
CoinOtag logoCoinOtagJanuary 23, 20261 min read
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XMR made a daily 5% jump but the downtrend remains intact; critical supports around $117 are nearing a test. RSI at 38 and bearish MACD indicate weak momentum, with BTC correlation heightening risks.