XMR price shows resilience at $400 amid market bearish conditions, could a new ATH be next?

Moneros price action has remained impressively strong compared to the broader market, which volatility and breakdowns across major assets have characterized. While many cryptocurrencies continue to trade below key moving averages, XMR has reclaimed these indicators, showing a clear shift in momentum back in favor of the bulls.

This structural strength has been anchored around the $400 level, a point that continues to act as a battleground for buyers and sellers, even as Zcash plunges 20% and Monero faces pressure while GHOST surges, highlighting the contrasting performances across the privacy-coin sector.

One of the strongest signals supporting XMRs bullish outlook is the bounce from the 0.618 Fibonacci retracement, a region widely regarded by technical traders as a high-probability support level during uptrends. This bounce reinforces the idea that a higher low has formed, allowing the market to maintain its overall bullish trajectory. With price action now stabilizing above the reclaimed moving averages, the conditions for a continuation rally are beginning to solidify.

The next major level of interest is the $436 resistance zone. This level has been tested twice, each time triggering a corrective move. However, these corrections have not broken the broader trend. Instead, they have been followed by strong rebounds, suggesting accumulation and strength rather than exhaustion. The ability of XMR to repeatedly return to this resistance level highlights increasing buyer confidence and growing pressure beneath the surface.

Should XMR successfully reclaim and close above the $400 level on higher time frames, it would confirm a bullish continuation pattern, opening the pathway toward $433, $436, and beyond. More importantly, clearing the $436 resistance would invalidate any short-term bearish attempts and potentially trigger a bullish expansion phase, allowing price to challenge its previous all-time high levels.

From a market structure perspective, Monero is one of the few large-cap assets maintaining a clean bullish sequence of higher highs and higher lows. This structural integrity is essential for trend sustainability and increases the probability of continuation rather than reversal.

In addition, the strength shown during recent market volatility suggests that XMR is benefiting from a different investor profile than that of more speculative assets, one that values long-term fundamentals, privacy use cases, and reliable historical performance.

What to expect in the coming price action

If Monero maintains control above $400 and breaks through the $436 resistance, a bullish expansion toward a new ATH becomes increasingly likely. Failure to reclaim these levels would extend consolidation, but the broader structure remains decisively bullish.