Monero (XMR) Weakens as Correction Deepens: Analysts Warn of Further Drop Below $350

Monero (XMR) is back under heavy pressure as the market-wide correction deepens, with the privacy-focused cryptocurrency dropping 8% in the past 24 hours to trade at $375. Related Reading: Famous Trader Bets $27 Million That The XRP Price Will Crash This decline marks the fourth consecutive day of losses, erasing last week’s recovery and signaling a shift in sentiment as traders increasingly position for a deeper pullback. XMR's price records strong losses on the daily chart source: https://www.newsbtc.com/news/monero-xmr/monero-xmr-weakens-as-correction-deepens-analysts-warn-of-further-drop-below-350/