One Cryptocurrency Trading Below the Resistance Levels- Monero (XMR)

 Cryptocurrency Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. Monero (XMR) is a leading privacy-focused cryptocurrency designed to facilitate secure, untraceable, and censorship-resistant transactions. Unlike most digital assets, Monero emphasizes anonymity by default, leveraging advanced privacy technologies such as ring signatures, stealth addresses, and confidential transactions to obscure transaction details and safeguard user identities.  XMR has a market capitalization of ~USD 6.02 billion (as per TradingView as of 19 February 2026).

Last week, the S&P Cryptocurrency Broad Digital Market Index (BDM Index) opened on a soft note and extended its decline, falling 62.97 points (-1.64%) to close at 3,786.02 for the week ended February 13, 2026. As trading resumed on February 16, selling pressure persisted, signaling a renewed build-up in bearish momentum. Broader sentiment across the digital asset market remains fragile, with leading cryptocurrencies such as Bitcoin and Ethereum also trading lower, reinforcing cautious positioning and risk-off behaviour among investors.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one cryptocurrency that seems ‘Non-Attractive’ at the current level appears to be Monero (XMR) Perpetual Futures based on the below technical parameters: -

Monero (XMR):

Noted below are the generic insights, indicative entry price, support, and resistance levels for the next 1-2 weeks duration for the XMR:

Entry level and Resistance Levels as mentioned herein are only indicative in nature as per trend analysis and further evaluation is required when looking at cryptocurrency under discussion.

Key Risks: High volatility, hype-driven price swings, low liquidity, weak fundamentals, and sudden downside move remain key risks in meme coin analysis.

Note: The reference Information in this report has been sourced from TradingView.

XMR Technical Analysis Summary (On the Daily Chart):

XMR remains capped below a key rising trendline near $382.50, a historically significant resistance level that has repeatedly limited upside attempts. Continued trade beneath this barrier sustains a cautious-to-bearish near-term bias and leaves scope for additional downside pressure. The 14-period RSI around 37.83 signals subdued momentum and limited bullish conviction. Moreover, prices are still holding below the 50-period SMA, which offers interim dynamic resistance. Overall, upside potential appears constrained unless XMR delivers a decisive breakout above trendline resistance to shift momentum meaningfully higher.

The MACD histogram remains positioned above the centerline. Additionally, price action continues to trade above the Parabolic SAR indicator, which currently serves as dynamic support. Now the next support level appears to be at USD 292.00, and prices may test this level in the coming sessions (1-2 weeks).

Noted below are the key positives and negatives when looking at Monero (XMR) in the cryptocurrency space: -

Advantages of XMR:

• Fungibility: Monero is fully fungible, meaning every unit of XMR is identical and interchangeable. Unlike many cryptocurrencies whose coins can be traced, blacklisted, or devalued due to prior transaction history (such as involvement in theft or illicit activity), Monero’s untraceable design ensures that each XMR retains equal value regardless of its origin or past usage.
• Privacy: Privacy is Monero’s core value proposition. The network provides default, built-in anonymity that prevents third parties from viewing transaction details or wallet balances. This level of privacy is native to the protocol, setting Monero apart from most other cryptocurrencies that either lack such protections or offer them only as optional features.

Disadvantages of XMR:

• Limited Wallet Support: Monero’s advanced privacy protocols add technical complexity, making it more challenging for developers to build compatible tools. As a result, fewer wallets and third-party services support Monero compared to more mainstream cryptocurrencies such as Bitcoin or Ethereum.
• Lower Adoption: Monero has yet to achieve the same level of mainstream, institutional, or merchant adoption as other major cryptocurrencies. This relatively lower adoption can limit its real-world usability and accessibility, particularly for users who value convenience and widespread acceptance.

Conclusion:

Based on the above-mentioned price action analysis and technical indicators outlook, Monero (XMR) may witness movement in the downside direction. The trend looks to be in an interesting space and the currency looks ‘Non-Attractive’ given the current price of USD 331.03 as on February 19, 2026, at 7:00 PM, (GMT+11) Time in Sydney NSW, Australia. However, volatility in the price should be borne in mind when looking at further evaluation for investment scenarios. Markets are trading in a highly volatile zone currently due to certain macro-economic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while making investment decisions.

Related Risks: Based on the technical analysis, the risks are defined as per risk-reward ratio (~0.80:1.00), however, returns are generated within 1-2 weeks’ time frame. This report may be looked at from high-risk perspective and recommendations are provided are for a short duration. Recommendations provided in this report are solely based on technical parameters, and the fundamental performance of the cryptocurrency has not been considered in the decision-making process. Other factors which could impact the cryptocurrency prices include market risks, regulatory risks, interest rates risks, currency risks, social and political instability risks etc.

Note 1: When a Cryptocurrency price is expected to move upward in the short-term (1-2 weeks), it is termed as 'Attractive’, while if a downward movement in prices is expected in a Cryptocurrency it is termed as 'Non-Attractive'. In general, for an ‘Attractive’ cryptocurrency an exit position can be considered if the Resistance Levels or Indicative Stop loss mentioned as per the technical analysis has been achieved. If the cryptocurrency looks ‘Non-attractive’ an exit position can be considered if the Support Levels or Indicative Stop loss mentioned as per the technical analysis has been achieved. Investment decision should be made depending on an individual’s appetite for upside potential, risks, and any previous holdings. This recommendation is purely based on technical analysis, and fundamental analysis has not been considered in this report.

Kalkine reports are prepared based on the crypto prices captured from either REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect crypto prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’

Note 2: How to Read the Chart?

The Green colour line reflects the 21-period simple moving average (SMA) while the red line indicates the 50-period SMA. SMA helps to identify existing price trends and if the prices trade above the 21-period and 50-period SMA, then in general it shows an uptrend rend.

The Black colour line in the chart’s lower segment is a 14-period Relative Strength Index (RSI) which indicates momentum in trend. A reading of 70 or above suggests overbought status, while a reading of 30 or below suggests an oversold status.

The Blue colour bars in the chart’s lower segment show the volume of the Cryptocurrency. The volume is the quantity that changed hands during the given period. Cryptocurrencies with high volumes are more liquid compared to lesser once and higher volumes help in easier and faster execution of the order.

The Orange colour lines are the trend lines drawn by connecting two or more price points and used for trend identification purposes. The trend line also acts as a line of support and resistance.

Technical Indicators Defined: -

Support: A level at which the Cryptocurrency prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the Cryptocurrency and if the price breaches the level, then Support 2 may act as the crucial support level for the Cryptocurrency. 

Resistance: A level at which the Cryptocurrency prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the Cryptocurrency and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the Cryptocurrency. 

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the Cryptocurrency prices. 

A trailing stop-loss is a modification of stop-loss in case of favourable movement in the price to protect the gains. It is suggested to Trail the Stop-Loss as per the aforementioned levels if the Cryptocurrency price achieves more than 60% of the Resistance 1. individuals, in general, might consider exiting from the position as per the Trailing Stop-Loss level if the price starts moving downwards after achieving more than 60% of Resistance 1. However, these indications need further evaluation basis associated risks and any change in trends. 

The reference date for all price data, currency, technical indicators, support, and resistance levels is February 19, 2026, at 7:00 PM, (GMT+11) Time in Sydney NSW, Australia. The S&P Cryptocurrency BDM Index in this report has been sourced from REFINITIV. 

Abbreviations

CMP: Current Market Price

SMA: Simple Moving Average

RSI: Relative Strength Index

USD: United States dollar 

Note: Trading decisions require a thorough analysis by individuals. Technical reports in general chart out metrics that may be assessed by individuals before any Cryptocurrency evaluation. The above are illustrative analytical factors used for evaluating the Cryptocurrency; other parameters can be looked at along with additional risks per se. Past performance is neither an indicator nor a guarantee of future performance.

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