$MONERO it was #Monero it is! One Legion - One Promise! ElliotWCRYPTOCAP:XMR is alive like never before.
Open Interest and funding rates remain healthy. Netflow is still trending outward, which strongly suggests that larger players are taking profits with the intention to re-enter at lower levels. What we are seeing right now is not weakness — it is a normal and expected corrective phase.
We are currently hunting liquidity on the long side, not breaking structure. This pullback was anticipated before the pump, as outlined in the original analysis:
Check it out! Elliot Wave 3 Prognose Monero
Elliott Wave Structure
There are two valid scenarios:
Scenario 1: Aggressive structure (1-2-1-2-1-2 at the start of Supercycle Wave 3)
In this case, Wave 4 is expected to be fast and sharp, correcting into the 0.236 – 0.5 Fibonacci zone.
We are already trading around the 0.382, which is completely healthy. Nothing abnormal here.
Scenario 2: Standard structure (1-2-3-4-5)
This would imply a longer consolidation range during Wave 4. Even in this scenario, the bias remains clearly bullish.
Regardless of how Wave 4 completes, there is no bearish signal. The fast dump is structurally normal and does not invalidate the trend.
Key Levels
Primary corrective target (Wave 4): ~ 609.91 USD
Invalidation level: 471.66 USD
Bearish scenario: Not active
After Wave 4 completes, we expect a sub-Wave 5 inside the larger Wave 3, developing over the coming days to weeks.
This cycle will not resemble previous ones. We are in Supercycle Wave 3, meaning Wave 5 should be comparable in strength to Wave 3 itself.
Targets
From the projected Wave 4 bottom around 610 USD, a +95–96% expansion is expected:
First major target: ~ 1081 USD
Psychological levels like 1000 USD are unlikely to act as strong resistance
First real resistance zone: ~ 1080 USD
From there, a gradual move toward 1200 USD
Following that, a Supercycle Wave 4 could develop and potentially extend into late 2026, before the final Wave 5 and the next macro bear cycle.
PS: On the #XMR/#BTC chart, Monero has reached the 2.618 extension after breaking all major structures. This is a very strong signal. A clean 2.618 hit is often the ideal level for continuation, especially when followed by a fast and aggressive pullback.
With multiple BOS (Breaks of Structure) confirmed on #XMR/BTC, the probability remains high that the broader uptrend will continue to expand.
This setup is not comparable to ZEC or other so-called “privacy coins.”
CRYPTOCAP:XMR stands alone structurally, fundamentally, and historically.
Monero remains the only real privacy coin.
Trust the structure. Trust the wave.
$Monero it was - #Monero it is.
Shinyflakes we hold until the end.
