Monero XMR Attempts First Recovery in a Month, But Death Cross Risk Looms

Monero has faced intense selling pressure over the past month, with the price collapsing nearly 60% in just four weeks. The sharp decline erased weeks of gains and pushed XMR into a sustained downtrend.   This move signals quickly weakening investor confidence, as long-term holders and short-term traders alike reduce exposure amid broader market stress. Monero Traders Are Stepping Back Derivatives data points to a clear trader exodus from Monero source: https://beincrypto.com/monero-xmr-price-attempts-first-recovery/