Monero Crashes on 51% Attack Fears: Here’s What the Charts Say Is Next for XMR

by shayaan

In short

  • The price of Monero (XMR) has fallen 15.96% so far.
  • XMR investors rush for the existence as news spread of a 51% network attack by the Qubic Mining Pool.
  • The graphs show Bearish Momentum.

The majority of the cryptomarkt may be delighted today, but the King of Privacy Coins is in panic mode: Monero, which acts as XMR, is currently the third worst performer of the top 100 cryptocurrencies per market capitalization, and it has fallen almost 25% in the past month.

For the context, other Bullish Privacy Points remain: Zcash has risen by 2% today, Dash is just after a peak of 10% a week and on privacy-oriented low-2 tokens such as Starknet and ZKSync, 5.3% and 4.4% rose today.

In the meantime, XMR has fallen more than 7% to $ 251.35 for the past 24 hours. So why is Monero Nuking?

The sale is the highlight of weeks of increasing pressure as a rival blockchain project Qubic Eventually steadily built -up. Claim majority control over the Hashrate of the Monero network. That would mean that a rival chain effectively has control over Monero, so you can imagine that the level of uncertainty XMR holders may feel.

This led to a serious price increase for Qubic and a corresponding price crash for Monero.

Qubic price data. Image: TradingView

The trading volume on XMR rose dramatically when Monero investors hurried for the outputs, with the token breaking several support levels that it had kept it for months.

With the current $ 253 per coin, the decrease is expanding the weekly losses of XMR to more than 25%, profit gains during the Summer Rally and has been pushing the Privacy Munt to the lowest levels since May. This represents one of the most serious drops for one day for Monero in 2025, only comparable to broader market corrections during periods of intense regulatory uncertainty.

Monero 51% Attack: Real Threat of Marketing Stunt?

The core of Monero’s crisis lies in an unprecedented situation: Qubic, a project led by former IOTA-MEDE founder Sergey Ivancheglo, says that it has protected more than 51% of the worldwide hassle of Monero, a milestone, a milestone, a milestone.

The concept of an attack of 51% is one of the most fundamental threats for every block-of-work blockchain network. When a single entity or coordinated group controls most of the mining power of a network – in particular more than 50% of the total hashrate – they get the opportunity to manipulate the blockchain in different harmful ways.

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In other words, it makes the blockchain useless because checking the control can perform what he wants – and there is no consensus because the attacker’s decisions become The de-Facto consensus majority.

For Monero, who has built up his reputation when offering non -traceable transactions and robust privacy protection, such an attack would be particularly devastating.

The randomx algorithm of the network is specifically designed to withstand ASIC -my construction and retain decentralization by promoting CPU and GPU mining. However, Qubic uses a new ‘useful proof-of-work’ or upow, system that has stimulated Monero CPU mining To feed his own token economy. By converting XMR in USDT -Stablecoins to buy and burn qubic tokens, QBIC wants to create a deflationary model for its own coin.

Instead of launching a traditional attack for profit or disruption, the project has created economic incentives that naturally pull miners away from distributed Polish to their centralized operation. This represents a new category of attacks that is not dependent on malicious intention, but superior economic stimuli.

However, the cryptocurrency community remains divided on whether this is a real attack or a extensive demonstration. Sergey Ivanancheglo, the founder of the Monero Attack storage against the founder of Qubic, said: This was not about taking Monero. Instead, he says that the move Monero has helped to prepare for future threats, especially of powerful organizations that can harm it.

The proof of network disruption seems concrete. The Dashboard of the Monero Consensus Status shows Monero experienced 60 orphan blocks (valid blocks that were rejected) in the last 720 blocks, which indicates a significant blockchain instability. Ledger Cto Charles Guillemet warned earlier today for X that Monero seems to be “in the midst of a successful attack of 51%”, with reference to signs of a large reorganization of the chain, which gives credibility to the most serious interpretation of the situation.

XMR -Price: Bears take control of

So what does this all mean if you are a Monero True Lovever or XMR Bagholder?

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The technical image for Monero paints an unambiguous bearish scenario over several timetables. The current price promotion for $ 251.35 seems to be a decisive interruption under critical support levels, with momentum indicators that confirm that the sales pressure is likely to continue. The currency has fallen by 15% last week and more than 6% in the last 24 hours.

The price has tried to break twice under $ 250. The first time on August 7 was rejected, the second today is in the game and fed by the current 51% attack Fud. If the support is strong, traders can consider this a good price to gather and to wait for a bouncy. If it goes below that level, brace.

Monero (XMR) price data. Image: TradingView
Monero (XMR) price data. Image: TradingView

The relative strength index, or RSI, for Monero stands on 25 points, so that XMR is placed firmly in sold -up territory, which confirms the grim mood under holders. RSI measures the speed and size of price changes on a scale of 0 to 100, whereby the lectures below 30 generally indicate that an active has been sold too aggressively and should be possible for a struiting. However, during periods of fundamental uncertainty, such as a potential network attack, over -sold measurements can remain much longer than normal as technical considerations driven by fear -driven sales.

Telling even more is the average directional index of ADX. Moono’s ADX is 29, just above the crucial 25 threshold. The ADX measures the trend strength regardless of the direction, with measurements above 25 that confirm that there is a strong trend. At 29 points and rising, this indicator suggests that the current Neerwaartse Momentum has some current behind it and will probably continue.

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The exponential advancing average configuration shows how harmful panic episodes can be. Exponential advanced averages take the average price of an active over a certain period. And if you looked strictly at the EMAs of XMR, you would think that the coin was a bullish pattern.

But the price of XMR acts far below both the 50-day EMA, which is currently approximately $ 277, and seems to be approaching a test of the EMA of 50 weeks, the average price of XMR more or less for the entire year.

So for those who zoom out and look at the larger whole, things still seem bullish for Monero. But the basic principles play a key role. If the 51% attack is successful, the currency loses a lot of fundamental value. If there is a fork or the network proves that it can beat the attack, the natural bullish price momentum can continue.

In the weekly graphs, the currency is currently testing an important support and it seems to be strong. If it breaks below $ 259, a longer period of time will see the prices that crash less than $ 200. If it refutes the FUD scenario, a peak of more than $ 300 is logical in the medium term. For position traders who want to wait weeks and months before they close a position, this zone can be strategic for long or short games.

Monero (XMR) price data. Image: TradingView
Monero (XMR) price data. Image: TradingView

Main levels to pay attention to swing traders:

  • Immediate support: $ 240 (psychological level)
  • Strong support: $ 220-225 (large technical zone)
  • Immediate resistance: $ 270 (broken support became resistance)
  • Strong resistance: $ 290-300 (50-day EMA and psychological barrier)

Indemnification

The views and opinions of the author are only for informative purposes and are not financial, investments or other advice.

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