Monero’s XMR slides 42% from $798 peak and nears January low of $413

Monero’s XMR has fallen 4.5% in the past 24 hours to around $459, extending a 42% decline from its all-time high of $798 reached on January 14. The price is currently holding above the 100-day EMA near $437, but ongoing bearish momentum suggests a potential retest of the January low at $413 and possibly the 200-day EMA at $383 if selling pressure persists.