{"id":128243,"date":"2026-06-13T13:04:31","date_gmt":"2026-06-13T11:04:31","guid":{"rendered":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/"},"modified":"2026-06-13T13:04:31","modified_gmt":"2026-06-13T11:04:31","slug":"monero-rally-rejected-400-bearish-structure","status":"publish","type":"post","link":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/","title":{"rendered":"Monero Rally to $426 Rejected as Bearish Structure Persists"},"content":{"rendered":"<p>Monero Rallies 16.6% Before Rejection at $400 Level \u2013 Large USDT-Linked Orders Trigger Short-Term Volatility<\/p>\n\n<span class=\"anchor\" id=\"key-takeaways\" title=\"Key Takeaways\"><\/span><h2 class=\"wp-block-heading\">Key Takeaways<\/h2>\n\n<ul class=\"wp-block-list\"><li>Monero rose 16.6% on 11 June after gaining 13.3% in the preceding three days.<\/li><li>The price reached an intraday high of $426 before closing at $353 and later falling to $347.<\/li><li>The rally followed a $120.2 million USDT deposit to a TRON address linked to large Monero buy orders.<\/li><li>Technical structure on lower timeframes indicates renewed bearish pressure.<\/li><li>A move above $437 is required to shift the short-term swing structure to bullish.<\/li><\/ul>\n\n<span class=\"anchor\" id=\"sharp-price-spike-follows-large-usdt-deposit-and-monero-orders\" title=\"Sharp Price Spike Follows Large USDT Deposit and Monero Orders\"><\/span><h2 class=\"wp-block-heading\">Sharp Price Spike Follows Large USDT Deposit and Monero Orders<\/h2>\n\n<p>Monero recorded a rapid price increase on Thursday, 11 June, rising 16.6% in a single session. The move came after the privacy-focused cryptocurrency had already gained 13.3% over the previous three days. During the surge, XMR reached $390 on Thursday before extending gains further on Friday.<\/p>\n\n<p>Intraday trading on Friday pushed the token to a local high of $426. However, the advance proved short-lived. By the close of the same day, Monero had fallen to $353. The downward movement continued, with the token trading at $347 at the time referenced in the source material.<\/p>\n\n<p>According to the reported data, the price spike was linked to an entity that deposited $120.2 million in USDT to a TRON address. The entity then split the deposit and placed substantial Monero buy orders. Monero was reportedly used to obscure the movement of these funds. The size of the orders was sufficient to move the market significantly, resulting in the rapid price increase.<\/p>\n\n<p>The episode illustrates how concentrated buying activity can influence short-term price dynamics, particularly when large capital flows are involved.<\/p>\n\n<span class=\"anchor\" id=\"daily-chart-shows-deep-retracement-despite-prior-uptrend\" title=\"Daily Chart Shows Deep Retracement Despite Prior Uptrend\"><\/span><h2 class=\"wp-block-heading\">Daily Chart Shows Deep Retracement Despite Prior Uptrend<\/h2>\n\n<p>On the one-day chart, Monero\u2019s broader swing structure remained technically bullish, based on a prior upward move from $230.2 to $800. However, the subsequent retracement erased a substantial portion of those gains.<\/p>\n\n<p>The decline pushed the price below the 78.6% Fibonacci retracement level at $352. Since February, Monero has largely traded around this level, making it a technically significant area. Falling beneath it signals that the recent rebound did not restore the previous upward momentum on higher timeframes.<\/p>\n\n<p>While the longer-term swing structure retained bullish characteristics, the internal structure shifted. The most recent structural change was identified as bearish. This suggests that the latest rally functioned as a retracement within a broader lower timeframe downtrend, rather than the start of a sustained upward move.<\/p>\n\n<p>For traders monitoring price structure, this distinction is relevant. A bullish higher timeframe does not automatically negate bearish signals emerging from shorter timeframes.<\/p>\n\n<span class=\"anchor\" id=\"four-hour-chart-points-to-continued-downside-pressure\" title=\"Four-Hour Chart Points to Continued Downside Pressure\"><\/span><h2 class=\"wp-block-heading\">Four-Hour Chart Points to Continued Downside Pressure<\/h2>\n\n<p>On the four-hour chart, a swing structure break was followed by a relief rally that peaked at $426. This level slightly exceeded the $406 Fibonacci retracement level referenced in the analysis.<\/p>\n\n<p>Despite this recovery, the overall short-term structure remained bearish. The internal bearish shift on the higher timeframe was reflected in the four-hour trend, reinforcing the view that the upward movement lacked follow-through.<\/p>\n\n<p>Based on this structure, downside levels of $292 and $252 were identified as potential support areas. The $300 level was highlighted as a psychological threshold, with a move below it aligning with the prevailing bearish setup.<\/p>\n\n<p>For the short-term outlook to change, the price would need to rally beyond $437. Such a move would flip the four-hour swing structure to bullish and alter the immediate technical picture.<\/p>\n\n<span class=\"anchor\" id=\"market-impact-of-concentrated-orders\" title=\"Market Impact of Concentrated Orders\"><\/span><h2 class=\"wp-block-heading\">Market Impact of Concentrated Orders<\/h2>\n\n<p>The trigger for the rally was not described as part of a broader trend or fundamental development. Instead, it was attributed to concentrated buying activity following the USDT deposit to a TRON address. The entity reportedly split the deposited funds and used Monero to conceal the transfers.<\/p>\n\n<p>Large, coordinated orders can create temporary imbalances between supply and demand. In this case, the buying pressure was strong enough to generate a double-digit percentage gain in a single day. However, the subsequent retracement indicates that the move did not establish sustained upward momentum.<\/p>\n\n<p>For market participants, the episode underscores the influence of large transactions on liquidity and price formation, particularly in periods without clear structural support.<\/p>\n\n<span class=\"anchor\" id=\"our-assessment\" title=\"Our Assessment\"><\/span><h2 class=\"wp-block-heading\">Our Assessment<\/h2>\n\n<p>Monero\u2019s recent rally was driven by substantial buy orders linked to a $120.2 million USDT deposit to a TRON address. The price climbed to $426 before reversing and falling back below $350. Technical analysis across daily and four-hour charts indicates that the short-term structure remains bearish, with key resistance at $437 and downside levels identified near $292 and $252. The move appears to have been event-driven rather than trend-based, and the broader price structure reflects continued downward pressure at lower timeframes.<\/p>\n\n<div class=\"gambling-disclaimer\">\n\t<p>\n\t\tWe have imposed strict editorial guidelines on ourselves and explain our testing methods openly and comprehensively. We also communicate transparently how our work is financed. This site may contain tracking links, but this does not influence our objective view in any way.\t<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Monero rose sharply to $426 following large USDT-linked buy orders before retreating below $350. Technical signals indicate continued short-term bearish pressure.<\/p>\n","protected":false},"author":8,"featured_media":128242,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[],"tags":[],"news_crypto_coin":[],"class_list":["post-128243","post","type-post","status-publish","format-standard","has-post-thumbnail"],"acf":{"faqs":null,"sort_number":999,"sort_number_no_override":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Monero Rally Rejected at $400 Level<\/title>\n<meta name=\"description\" content=\"Monero surged 16.6% after large USDT-linked orders but fell from $426 to $347 as short-term technical structure turned bearish.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kryptocasinos.com EN\" \/>\n<meta property=\"og:description\" content=\"Monero surged 16.6% after large USDT-linked orders but fell from $426 to $347 as short-term technical structure turned bearish.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/\" \/>\n<meta property=\"og:site_name\" content=\"Kryptocasinos.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kryptocasinoscomm\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-13T11:04:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/06\/monero-rally-rejected-400-bearish-structure.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1408\" \/>\n\t<meta property=\"og:image:height\" content=\"736\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Isabella Brown\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Isabella Brown\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/\"},\"author\":{\"name\":\"Isabella Brown\",\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/person\/badee6a5ed8b6777da5bd380d112bcdc\"},\"headline\":\"Monero Rally to $426 Rejected as Bearish Structure Persists\",\"datePublished\":\"2026-06-13T13:04:31+02:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/\"},\"wordCount\":746,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/06\/monero-rally-rejected-400-bearish-structure.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#respond\"]}],\"description\":\"\",\"isAccessibleForFree\":true,\"articleBody\":\"Monero Rallies 16.6% Before Rejection at $400 Level - Large USDT-Linked Orders Trigger Short-Term Volatility\\n\\nKey Takeaways\\n\\nMonero rose 16.6% on 11 June after gaining 13.3% in the preceding three days.The price reached an intraday high of $426 before closing at $353 and later falling to $347.The rally followed a $120.2 million USDT deposit to a TRON address linked to large Monero buy orders.Technical structure on lower timeframes indicates renewed bearish pressure.A move above $437 is required to shift the short-term swing structure to bullish.\\n\\nSharp Price Spike Follows Large USDT Deposit and Monero Orders\\n\\nMonero recorded a rapid price increase on Thursday, 11 June, rising 16.6% in a single session. The move came after the privacy-focused cryptocurrency had already gained 13.3% over the previous three days. During the surge, XMR reached $390 on Thursday before extending gains further on Friday.\\n\\nIntraday trading on Friday pushed the token to a local high of $426. However, the advance proved short-lived. By the close of the same day, Monero had fallen to $353. The downward movement continued, with the token trading at $347 at the time referenced in the source material.\\n\\nAccording to the reported data, the price spike was linked to an entity that deposited $120.2 million in USDT to a TRON address. The entity then split the deposit and placed substantial Monero buy orders. Monero was reportedly used to obscure the movement of these funds. The size of the orders was sufficient to move the market significantly, resulting in the rapid price increase.\\n\\nThe episode illustrates how concentrated buying activity can influence short-term price dynamics, particularly when large capital flows are involved.\\n\\nDaily Chart Shows Deep Retracement Despite Prior Uptrend\\n\\nOn the one-day chart, Monero\u2019s broader swing structure remained technically bullish, based on a prior upward move from $230.2 to $800. However, the subsequent retracement erased a substantial portion of those gains.\\n\\nThe decline pushed the price below the 78.6% Fibonacci retracement level at $352. Since February, Monero has largely traded around this level, making it a technically significant area. Falling beneath it signals that the recent rebound did not restore the previous upward momentum on higher timeframes.\\n\\nWhile the longer-term swing structure retained bullish characteristics, the internal structure shifted. The most recent structural change was identified as bearish. This suggests that the latest rally functioned as a retracement within a broader lower timeframe downtrend, rather than the start of a sustained upward move.\\n\\nFor traders monitoring price structure, this distinction is relevant. A bullish higher timeframe does not automatically negate bearish signals emerging from shorter timeframes.\\n\\nFour-Hour Chart Points to Continued Downside Pressure\\n\\nOn the four-hour chart, a swing structure break was followed by a relief rally that peaked at $426. This level slightly exceeded the $406 Fibonacci retracement level referenced in the analysis.\\n\\nDespite this recovery, the overall short-term structure remained bearish. The internal bearish shift on the higher timeframe was reflected in the four-hour trend, reinforcing the view that the upward movement lacked follow-through.\\n\\nBased on this structure, downside levels of $292 and $252 were identified as potential support areas. The $300 level was highlighted as a psychological threshold, with a move below it aligning with the prevailing bearish setup.\\n\\nFor the short-term outlook to change, the price would need to rally beyond $437. Such a move would flip the four-hour swing structure to bullish and alter the immediate technical picture.\\n\\nMarket Impact of Concentrated Orders\\n\\nThe trigger for the rally was not described as part of a broader trend or fundamental development. Instead, it was attributed to concentrated buying activity following the USDT deposit to a TRON address. The entity reportedly split the deposited funds and used Monero to conceal the transfers.\\n\\nLarge, coordinated orders can create temporary imbalances between supply and demand. In this case, the buying pressure was strong enough to generate a double-digit percentage gain in a single day. However, the subsequent retracement indicates that the move did not establish sustained upward momentum.\\n\\nFor market participants, the episode underscores the influence of large transactions on liquidity and price formation, particularly in periods without clear structural support.\\n\\nOur Assessment\\n\\nMonero\u2019s recent rally was driven by substantial buy orders linked to a $120.2 million USDT deposit to a TRON address. The price climbed to $426 before reversing and falling back below $350. Technical analysis across daily and four-hour charts indicates that the short-term structure remains bearish, with key resistance at $437 and downside levels identified near $292 and $252. The move appears to have been event-driven rather than trend-based, and the broader price structure reflects continued downward pressure at lower timeframes.\\n\\n\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/\",\"url\":\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/\",\"name\":\"Monero Rally Rejected at $400 Level\",\"isPartOf\":{\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/06\/monero-rally-rejected-400-bearish-structure.jpg\",\"datePublished\":\"2026-06-13T13:04:31+02:00\",\"description\":\"Monero surged 16.6% after large USDT-linked orders but fell from $426 to $347 as short-term technical structure turned bearish.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#primaryimage\",\"url\":\"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/06\/monero-rally-rejected-400-bearish-structure.jpg\",\"contentUrl\":\"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/06\/monero-rally-rejected-400-bearish-structure.jpg\",\"width\":1408,\"height\":736,\"caption\":\"Chart monitor displaying a sharp spike and crash, red arrow breaking a support line, and tipped gold coins spilling over.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.kryptocasinos.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Monero Rally to $426 Rejected as Bearish Structure Persists\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/#website\",\"url\":\"https:\/\/www.kryptocasinos.com\/en\/\",\"name\":\"Kryptocasinos.com\",\"description\":\"\",\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/#organization\",\"name\":\"Kryptocasinos.com\",\"url\":\"https:\/\/www.kryptocasinos.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2025\/06\/kryptocasinos-com-logo.svg\",\"contentUrl\":\"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2025\/06\/kryptocasinos-com-logo.svg\",\"width\":109,\"height\":34,\"caption\":\"Kryptocasinos.com\"},\"image\":{\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/kryptocasinoscomm\/\"],\"description\":\"Explore the best crypto casinos for %%currentyear%%. Compare top Bitcoin gambling sites by payouts, bonuses, KYC, and supported coins, with hands-on testing.\",\"address\":{\"@type\":\"PostalAddress\",\"streetAddress\":\"557 Fuk Wing St\",\"addressLocality\":\"Cheung Sha Wan\",\"addressRegion\":\"HK\",\"postalCode\":\"999077\",\"addressCountry\":\"CN\"},\"contactPoint\":{\"@type\":\"ContactPoint\",\"email\":\"contact@kryptocasinos.com\"},\"foundingDate\":\"2021-03-27\",\"email\":\"hello@kryptocasinos.com\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"11\",\"maxValue\":\"50\"},\"publishingPrinciples\":\"https:\/\/www.kryptocasinos.com\/en\/editorial-guidelines\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/person\/badee6a5ed8b6777da5bd380d112bcdc\",\"name\":\"Isabella Brown\",\"description\":\"Online Gambling, Greece and my dog Gringo are my three favorite things in my life. Before working for Kryptocasinos.com I was leading the content team of an iGaming Online magazine where I was focused on researching casinos, their licenses and the connection between the members of the industry.\",\"birthDate\":\"1995-02-13\",\"url\":\"https:\/\/www.kryptocasinos.com\/en\/author\/isabella\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Monero Rally Rejected at $400 Level","description":"Monero surged 16.6% after large USDT-linked orders but fell from $426 to $347 as short-term technical structure turned bearish.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/","og_type":"article","og_title":"Kryptocasinos.com EN","og_description":"Monero surged 16.6% after large USDT-linked orders but fell from $426 to $347 as short-term technical structure turned bearish.","og_url":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/","og_site_name":"Kryptocasinos.com","article_publisher":"https:\/\/www.facebook.com\/kryptocasinoscomm\/","article_published_time":"2026-06-13T11:04:31+00:00","og_image":[{"width":1408,"height":736,"url":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/06\/monero-rally-rejected-400-bearish-structure.jpg","type":"image\/jpeg"}],"author":"Isabella Brown","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Isabella Brown","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#article","isPartOf":{"@id":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/"},"author":{"name":"Isabella Brown","@id":"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/person\/badee6a5ed8b6777da5bd380d112bcdc"},"headline":"Monero Rally to $426 Rejected as Bearish Structure Persists","datePublished":"2026-06-13T13:04:31+02:00","mainEntityOfPage":{"@id":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/"},"wordCount":746,"commentCount":0,"publisher":{"@id":"https:\/\/www.kryptocasinos.com\/en\/#organization"},"image":{"@id":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#primaryimage"},"thumbnailUrl":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/06\/monero-rally-rejected-400-bearish-structure.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#respond"]}],"description":"","isAccessibleForFree":true,"articleBody":"Monero Rallies 16.6% Before Rejection at $400 Level - Large USDT-Linked Orders Trigger Short-Term Volatility\n\nKey Takeaways\n\nMonero rose 16.6% on 11 June after gaining 13.3% in the preceding three days.The price reached an intraday high of $426 before closing at $353 and later falling to $347.The rally followed a $120.2 million USDT deposit to a TRON address linked to large Monero buy orders.Technical structure on lower timeframes indicates renewed bearish pressure.A move above $437 is required to shift the short-term swing structure to bullish.\n\nSharp Price Spike Follows Large USDT Deposit and Monero Orders\n\nMonero recorded a rapid price increase on Thursday, 11 June, rising 16.6% in a single session. The move came after the privacy-focused cryptocurrency had already gained 13.3% over the previous three days. During the surge, XMR reached $390 on Thursday before extending gains further on Friday.\n\nIntraday trading on Friday pushed the token to a local high of $426. However, the advance proved short-lived. By the close of the same day, Monero had fallen to $353. The downward movement continued, with the token trading at $347 at the time referenced in the source material.\n\nAccording to the reported data, the price spike was linked to an entity that deposited $120.2 million in USDT to a TRON address. The entity then split the deposit and placed substantial Monero buy orders. Monero was reportedly used to obscure the movement of these funds. The size of the orders was sufficient to move the market significantly, resulting in the rapid price increase.\n\nThe episode illustrates how concentrated buying activity can influence short-term price dynamics, particularly when large capital flows are involved.\n\nDaily Chart Shows Deep Retracement Despite Prior Uptrend\n\nOn the one-day chart, Monero\u2019s broader swing structure remained technically bullish, based on a prior upward move from $230.2 to $800. However, the subsequent retracement erased a substantial portion of those gains.\n\nThe decline pushed the price below the 78.6% Fibonacci retracement level at $352. Since February, Monero has largely traded around this level, making it a technically significant area. Falling beneath it signals that the recent rebound did not restore the previous upward momentum on higher timeframes.\n\nWhile the longer-term swing structure retained bullish characteristics, the internal structure shifted. The most recent structural change was identified as bearish. This suggests that the latest rally functioned as a retracement within a broader lower timeframe downtrend, rather than the start of a sustained upward move.\n\nFor traders monitoring price structure, this distinction is relevant. A bullish higher timeframe does not automatically negate bearish signals emerging from shorter timeframes.\n\nFour-Hour Chart Points to Continued Downside Pressure\n\nOn the four-hour chart, a swing structure break was followed by a relief rally that peaked at $426. This level slightly exceeded the $406 Fibonacci retracement level referenced in the analysis.\n\nDespite this recovery, the overall short-term structure remained bearish. The internal bearish shift on the higher timeframe was reflected in the four-hour trend, reinforcing the view that the upward movement lacked follow-through.\n\nBased on this structure, downside levels of $292 and $252 were identified as potential support areas. The $300 level was highlighted as a psychological threshold, with a move below it aligning with the prevailing bearish setup.\n\nFor the short-term outlook to change, the price would need to rally beyond $437. Such a move would flip the four-hour swing structure to bullish and alter the immediate technical picture.\n\nMarket Impact of Concentrated Orders\n\nThe trigger for the rally was not described as part of a broader trend or fundamental development. Instead, it was attributed to concentrated buying activity following the USDT deposit to a TRON address. The entity reportedly split the deposited funds and used Monero to conceal the transfers.\n\nLarge, coordinated orders can create temporary imbalances between supply and demand. In this case, the buying pressure was strong enough to generate a double-digit percentage gain in a single day. However, the subsequent retracement indicates that the move did not establish sustained upward momentum.\n\nFor market participants, the episode underscores the influence of large transactions on liquidity and price formation, particularly in periods without clear structural support.\n\nOur Assessment\n\nMonero\u2019s recent rally was driven by substantial buy orders linked to a $120.2 million USDT deposit to a TRON address. The price climbed to $426 before reversing and falling back below $350. Technical analysis across daily and four-hour charts indicates that the short-term structure remains bearish, with key resistance at $437 and downside levels identified near $292 and $252. The move appears to have been event-driven rather than trend-based, and the broader price structure reflects continued downward pressure at lower timeframes.\n\n"},{"@type":"WebPage","@id":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/","url":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/","name":"Monero Rally Rejected at $400 Level","isPartOf":{"@id":"https:\/\/www.kryptocasinos.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#primaryimage"},"image":{"@id":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#primaryimage"},"thumbnailUrl":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/06\/monero-rally-rejected-400-bearish-structure.jpg","datePublished":"2026-06-13T13:04:31+02:00","description":"Monero surged 16.6% after large USDT-linked orders but fell from $426 to $347 as short-term technical structure turned bearish.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#primaryimage","url":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/06\/monero-rally-rejected-400-bearish-structure.jpg","contentUrl":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2026\/06\/monero-rally-rejected-400-bearish-structure.jpg","width":1408,"height":736,"caption":"Chart monitor displaying a sharp spike and crash, red arrow breaking a support line, and tipped gold coins spilling over."},{"@type":"BreadcrumbList","@id":"https:\/\/www.kryptocasinos.com\/en\/news\/monero-rally-rejected-400-bearish-structure\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.kryptocasinos.com\/en\/"},{"@type":"ListItem","position":2,"name":"Monero Rally to $426 Rejected as Bearish Structure Persists"}]},{"@type":"WebSite","@id":"https:\/\/www.kryptocasinos.com\/en\/#website","url":"https:\/\/www.kryptocasinos.com\/en\/","name":"Kryptocasinos.com","description":"","inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.kryptocasinos.com\/en\/#organization","name":"Kryptocasinos.com","url":"https:\/\/www.kryptocasinos.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2025\/06\/kryptocasinos-com-logo.svg","contentUrl":"https:\/\/www.kryptocasinos.com\/wp-content\/uploads\/2025\/06\/kryptocasinos-com-logo.svg","width":109,"height":34,"caption":"Kryptocasinos.com"},"image":{"@id":"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/kryptocasinoscomm\/"],"description":"Explore the best crypto casinos for %%currentyear%%. Compare top Bitcoin gambling sites by payouts, bonuses, KYC, and supported coins, with hands-on testing.","address":{"@type":"PostalAddress","streetAddress":"557 Fuk Wing St","addressLocality":"Cheung Sha Wan","addressRegion":"HK","postalCode":"999077","addressCountry":"CN"},"contactPoint":{"@type":"ContactPoint","email":"contact@kryptocasinos.com"},"foundingDate":"2021-03-27","email":"hello@kryptocasinos.com","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"11","maxValue":"50"},"publishingPrinciples":"https:\/\/www.kryptocasinos.com\/en\/editorial-guidelines\/"},{"@type":"Person","@id":"https:\/\/www.kryptocasinos.com\/en\/#\/schema\/person\/badee6a5ed8b6777da5bd380d112bcdc","name":"Isabella Brown","description":"Online Gambling, Greece and my dog Gringo are my three favorite things in my life. Before working for Kryptocasinos.com I was leading the content team of an iGaming Online magazine where I was focused on researching casinos, their licenses and the connection between the members of the industry.","birthDate":"1995-02-13","url":"https:\/\/www.kryptocasinos.com\/en\/author\/isabella\/"}]}},"yoast_meta":{"_yoast_wpseo_primary_category":"","_yoast_wpseo_title":"Monero Rally Rejected at $400 Level","_yoast_wpseo_metadesc":"Monero surged 16.6% after large USDT-linked orders but fell from $426 to $347 as short-term technical structure turned bearish."},"_links":{"self":[{"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/posts\/128243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/comments?post=128243"}],"version-history":[{"count":0,"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/posts\/128243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/media\/128242"}],"wp:attachment":[{"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/media?parent=128243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/categories?post=128243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/tags?post=128243"},{"taxonomy":"news_crypto_coin","embeddable":true,"href":"https:\/\/www.kryptocasinos.com\/en\/wp-json\/wp\/v2\/news_crypto_coin?post=128243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}