Monero

XMR 1 Hour Move

-1.04%

$404.88 → $400.67

Why Monero is down 1.0% in the last hour

Analysis

Monero (XMR) slipped about 1.0% over the past hour despite positive coverage of its long-anticipated protocol upgrade. U.Today reported Cardano founder Charles Hoskinson praising the “massive” Monero upgrade years in the making, but the price action suggests the market may have already priced in the development news or lacked fresh catalysts to sustain buying in the short term.

Contributing Factors (1)

U.Today Protocol Upgrade 11 hours ago

Cardano Founder Praises 'Massive' Monero Upgrade Years in Making

The Cardano founder expressed his admiration for the Monero team for relentlessly building all these years towards the upgrade.

Confidence

67%

Read source

Move Details

Asset Monero

Symbol XMR

Direction ↓ Bearish

Timeframe 1 Hour

Start Price $404.88

End Price $400.67

Change -1.04%

Detected May 7, 2026 9:10 PM

Explanation Confidence

67%

Moderate confidence. Multiple factors may be contributing.

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