Monero price forms bearish double top at $438 as bears tighten control

Crypto NewsWednesday, December 3, 2025 at 4:50:17 PM
Monero price forms bearish double top at $438 as bears tighten control
  • Monero's price has formed a bearish double top at the $438 resistance level, indicating that sellers are gaining control and pushing the price downward toward the next significant support level at $313.
  • This development is critical as it reflects the increasing selling pressure on Monero, which may lead to further declines in its value, impacting investor sentiment and market stability.
  • The situation mirrors broader trends in the cryptocurrency market, where several major cryptocurrencies, including Ethereum and Dogecoin, are also experiencing significant downward pressure, raising concerns about a potential bear market across the sector.
— via World Pulse Now AI Editorial System

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