{"id":6613,"date":"2025-05-16T13:30:00","date_gmt":"2025-05-16T12:30:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=6613"},"modified":"2025-05-16T11:42:22","modified_gmt":"2025-05-16T10:42:22","slug":"monero-82-percent-rally-break-489-xmr","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/monero-82-percent-rally-break-489-xmr\/","title":{"rendered":"Monero Jumps 82% in 40 Days : Is a Break Above $489 Next ?"},"content":{"rendered":"\n

Technical Analysis : An 82% Increase in Sight ?<\/h2>\n\n\n\n

The technical analysis<\/a><\/strong> shows that Monero (XMR)<\/strong> has been displaying a sustained bullish trend for several months. After a consolidation phase, the price has recently experienced an acceleration, with high transaction volumes<\/strong> reinforcing the uptrend.\u00a0<\/p>\n\n\n\n

With a previous all-time high at $542<\/strong>, only a 60% increase would be needed to reach a new peak. The technical indicators <\/strong>seem favorable for this short-term outlook.<\/p>\n\n\n\n

Since the beginning of 2025, Monero has shown an impressive relative strength<\/strong> compared to giants like Bitcoin <\/strong>(BTC)<\/a> and Ethereum <\/strong>(ETH)<\/a>, which are struggling to maintain their momentum.\u00a0<\/p>\n\n\n\n

After a long consolidation phase, the XMR price <\/strong>has recently accelerated, driven by record transaction volumes<\/strong>. According to CoinMarketCap data, Monero’s daily volume has surged by 45%<\/strong> since April 2025, indicating a renewed investor interest.<\/p>\n\n\n

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\"Monero<\/figure>\n<\/div>\n\n\n

On the weekly chart, there is a breakout from the multi-year consolidation of XMR. The $183<\/strong> level, which was a key resistance, has now become a solid support<\/strong>. Fibonacci retracement levels indicate a possible consolidation before the next upward phase towards $396.8 and $489.5<\/strong>.<\/p>\n\n\n\n

On the daily chart, XMR retains its bullish momentum, with a positive money flow index signaling significant capital inflows<\/strong>. Transaction volume has significantly increased since April, strengthening the upside potential.<\/p>\n\n\n\n

However, the CMF is at its lowest on the weekly timeframe, suggesting that Monero could still be undervalued<\/strong> and growing interest could drive XMR price to new highs in 2025.<\/p>\n\n\n\n

Indeed, according to Laura Chen, privacy-focused cryptocurrencies like Monero are gaining more traction:<\/p>\n\n\n\n

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“Privacy-focused cryptocurrencies, like Monero, are attracting more capital in a context where data protection is becoming a global priority,” explains Laura Chen, a crypto analyst at CryptoInsights.<\/em><\/p>\n<\/blockquote>\n\n\n\n

Monero Outlook : An Explosion on the Horizon ?<\/h2>\n\n\n\n

On the daily chart, XMR maintains its bullish momentum, with a positive money flow index signaling significant capital inflows<\/strong>. Transaction volume has significantly increased since April, strengthening the upside potential.<\/p>\n\n\n

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\"Monero<\/figure>\n<\/div>\n\n\n

However, the CMF is at its lowest on the weekly timeframe, suggesting that Monero could still be undervalued, and the growing interest could drive XMR price to new highs in 2025.<\/p>\n\n\n\n

Indeed, according to Laura Chen, privacy-focused cryptocurrencies<\/strong> like Monero are gaining more traction:<\/p>\n\n\n\n

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“Privacy-focused cryptocurrencies, like Monero, are attracting more capital in a context where data protection is becoming a global priority,” explains Laura Chen, a crypto analyst at CryptoInsights.<\/em><\/p>\n<\/blockquote>\n\n\n\n

While Bitcoin and Ethereum<\/a> face challenges, Monero has shown solid performance, indicating relative strength and further upward potential towards $400 and $500 levels.<\/strong><\/p>\n\n\n\n

In conclusion, the technical analysis<\/a> of Monero (XMR) presents an interesting investment case for investors seeking high returns in the cryptocurrency sector. Although this analysis is not investment advice, it highlights current bullish trends and favorable outlooks for XMR.<\/p>\n\n\n\n

XMR is clearly in a bullish cycle as all major resistances have been broken. It just needs a favourable market, and XMR should quickly reach new highs. It must maintain above the $268 zone.<\/strong><\/p>\n\n\n\n

To buy Monero, here is a detailed guide: <\/p>\n\n\n\n