Monero (XMR): daily brief · Nov 7, 2026
Technicals
No fresh RSI or moving-average readings today, so the latest figures are from Nov 6: RSI ~58, SMA20 $604.7, SMA30 $583.2, 50-day EMA ~$554. Price is still above all of them.
Resistance: $620–627 · $630 · $645–658 · $680
Support: $600 · $575–580 · $540–554
Fundamentals and on-chain
Theft trail: ZachXBT reports that $106M+ may have been drained from an unnamed EU company’s exchange accounts. The trail runs via USDC/USDT and ETH and partly through Wagyu into XMR. None of this is confirmed. One summary names Crédit Mutuel Arkéa and a $133M loss, but that is unverified.
Wagyu leak: 4,580 orders exposed. No funds were lost, and Monero’s cryptography is not affected.
FCMP++: stressnet v3.1 is being tested. CMC cites a tentative, non-binding mainnet target of spring 2027.
Exchange access: Kraken keeps XMR listing and withdrawals. A THORChain XMR integration is targeted for late 2026, and Decibel lists XMR perps up to 5x.
Hashrate: 7.12 GH/s (no update today).
Regulation: the EU AMLR ban for exchanges takes effect July 10, 2027. No new delistings today.
Derivatives: OI is $392M, unchanged. 24h liquidations are only ~$29K. Funding: no data found.
Top news
ZachXBT traces a $106M+ drain, partly into XMR via Wagyu.
FCMP++ has a tentative spring 2027 target.
A THORChain XMR integration is in the works.
XMR slips back toward $600 after Thursday’s push above $640.
Forecasts
🟢 Bullish: $650–680 on a daily close above $650 (SecureShift, Coinpaper).
⚪ Base: $600–627, a range above the key $600 support. Coin Edition expects a November range of $554–627.
🔴 Bearish: $540–580 on a break below $600, toward the 50-day EMA.
Analysts: Peter Brandt and Glassnode have noted the privacy sector outperforming (via Coinpaper). No new firm calls today.
Upcoming events
Mon Nov 9, 02:00: weekly close
Tue Nov 10, 15:30: US October CPI
Tue Nov 10: Cuprate meeting #128 (time not given)
Sat Jul 10, 2027: EU AMLR restriction takes effect
Market overview, not investment advice.