Monad’s crypto price has crashed 51%, stuck in a falling channel.
Weak sentiment and shrinking volume deepen bearish pressure.
Risk toward $0.020 unless rebound sparks a move to $0.038.
MON, the native token of layer-1 blockchain Monad, has seen its price collapse by 51% from its all-time high.
Volume has also declined from billions to unexpected levels. But beneath the massive decline lies a deeper mystery.
Why did the Monad token decline so quickly after the hype?
Monad Meltdown Raises Big Questions
On the 1-hour chart, the Monad token remains confined within a descending parallel channel, signaling persistent short-term bearish momentum.
As the downward move intensified, MON’s price fell below multiple key support levels, including $0.033 and $0.027.
Previously, both of these had helped stabilize the market during earlier pullbacks.
This weakness is reinforced by the Bull Bear Power (BBP) indicator, which has now slipped firmly into the negative zone.
The current structure stands in contrast to last week’s setup, when strengthening momentum helped MON’s price rally toward $0.048.
Furthermore, Holders Sentiment has remained anchored below the zero signal line, indicating that confidence among market participants has yet to recover.
With sentiment depressed and momentum indicators turning bearish, the Monad token will need a surge in demand before it can break out of its descending structure.
This decline suggests that liquidity is thinning and trader enthusiasm has cooled—conditions that make it harder for the price to recover or establish a sustained upward move.
MON Price Prediction: How Low Can It Go?
On the 4-hour chart, Monad’s price continues to trade within a falling channel, reflecting a sustained downtrend and persistent bearish pressure.
The structure shows lower highs and lower lows, indicating that sellers remain in control.
The Relative Strength Index (RSI) has now dropped close to the oversold region, indicating that the token is approaching a point of exhaustion in its current decline.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
