# Monero Price Breaks Key Fibonacci Level

> Monero price tests critical 0.618 Fibonacci resistance at $599.94.
- Title: Monero Price Breaks Key Fibonacci Level · TradingView
- Summary: Monero price tests critical 0.618 Fibonacci resistance at $599.94. Monero breaks $599.94 Fibonacci resistance to continue upward trend.
- Keywords: monero, fibonacci, resistance, xmrusdt, tradingview, kucoin, business, finance, Price, Breaks, Key, Level
- Source: TradingView — https://tradingview.com/chart/XMRUSDT/KimhT1A7-Monero-The-0-618-Fibonacci-Level-May-Hold-the-Key
- Published: 2026-10-19T16:23:49+00:00
- Read time: 1 min
- Topics: monero, fibonacci, resistance, xmrusdt, tradingview, kucoin, business, finance
## Monero Hits New Weekly High
Monero recorded a new all-time weekly closing high at $599.99.
## 0.618 Fibonacci Resistance Tested
The 0.618 Fibonacci resistance level at $599.94 is now testing the significant weekly 0.618 Fibonacci level.
## Bullish Structure Holds
Monero has consistently held above its rising 8-week EMA since late July.
## Overbought Conditions Present
RSI is trading above 70 while StochRSI remains in overbought territory.
## Key takeaway

Monero breaks $599.94 Fibonacci resistance to continue upward trend.