MoneroV describes itself as a global open-source project that aims to deliver a private cryptocurrency that scales. MoneroV aims to become a ‘truly private and decentralized cryptocurrency that is also quick and easy for everyday use’. The MoneroV price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. CoinCodex tracks 44,000+ cryptocurrencies on 400+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders.
Monero Price Signals a Bullish Breakout Above the Rising Channel
The cryptocurrency market is also highly volatile, which means it may not be suitable for investors with a low risk tolerance. LiveBitcoinNews is a leading online platform dedicated to providing the latest news and insights about Bitcoin and the broader cryptocurrency market. It offers timely updates on market trends, regulatory developments, technological advancements, and expert analyses, catering to both seasoned investors and newcomers in the digital currency space. Over the past 7 days, MoneroV has gained 0.00%, outperforming the overall crypto market which posted a 1.48% decline. This indicates strong performance in XMV’s price action relative to the broader market momentum.
Monero’s recent rally has stabilized after a turbulent few months marked by sharp corrections and delayed recoveries. On the daily chart, XMR has held above its 200-day simple moving average, with the current trend supported by increased market confidence. $BEST Token, a rising presale project, has now raised over $17 million, with just 10 days remaining until the sale closes. Kai Man Ng is an editor and translator with a strong passion for crypto, blockchain, and Web3 technologies. Investors who are scanning the market for the best crypto to buy now often face… Despite the positive price action, Monero still faces some challenges, particularly with its listing on major exchanges.
Monero (XMR) falls by over 9% at press time on Wednesday, erasing the gains from the recovery seen late in the previous week. The intraday drop stokes fear among traders, prompting a surge of bearish bets in the derivatives market. Monero risks a further correction as technical indicators flash a sell signal amid resurgent bearish momentum.
Analysts are closely watching the $500 price level as the next major target for Monero. Monero’s price surge is also reflected in the futures market, where the open interest in Monero futures has grown substantially. The total open interest now stands at $68 million, marking an increase of $10 million.
This rise indicates a surge in speculative activity and reflects growing confidence among traders that the current upward momentum will continue. The recent surge of Zcash has significantly impacted the overall demand for privacy coins. Zcash’s 11.53% price jump in just 24 hours played a critical role in shifting attention to privacy-focused cryptocurrencies.
- A free newsletter highlighting key market trends to help traders stay a step ahead.
- Unlike XMR’s capped and deflationary model, $BEST offers early exponential upside typical of Stage 1–3 projects.
- If Monero is reintroduced to larger platforms, it could see even more significant gains.
- As privacy-oriented tokens gain traction in the 2025 bull market, Monero has been riding the wave, showing strong bullish momentum.
- On CoinCodex, you can follow the real-time XMV to USD rates and use the interactive charts and to improve your technical analysis of this trading pair.
Monero (XMR) jumps to 5-month high as privacy coins lead surprise market rally
To determine whether a coin is bearish or bullish, we use technical indicators such as the Relative Strength Index (RSI) and important simple and exponential moving averages. This is a high-risk investment, and you should not expect to be protected if something goes wrong. The chart is showing the Monero price soaring toward the upper boundary of the rising channel, around $420.
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Upon closer examination of the monthly charts, there are no bearish views in the wider crypto market, but that of a steady upward momentum. This cryptocurrency is designed to be resistant to application-specific integrated circuits, which are commonly used for mining new Bitcoin. In theory, this means that it can be possible to mine XMR using everyday computing equipment. Whereas each Bitcoin in circulation has its own serial number, meaning that cryptocurrency usage can be monitored, XMR is completely fungible. XMR’s origins can be traced back to Bytecoin, a privacy-focused and decentralized cryptocurrency that was launched in 2012. Two years later, a member of the Bitcointalk forum — only known as thankfulfortoday — forked BCN’s codebase, and Monero was born.
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While numerous exchanges have delisted Monero under regulatory pressure, the coin’s uncompromising anonymity features are experiencing renewed appreciation. Crypto influencer described Monero as “the greatest cryptocurrency ever” and noted its undervaluation. Privacy-focused cryptocurrency Monero (XMR) has surged approximately 20% over the past week, climbing from $352 on November 3 to a temporary high of $433. MoneroV is currently neutral (64%), which suggests that now is a neutral time to sell for .
- Despite the declining demand in the derivatives market, the spot trading volume of Monero has held above $200 million since Sunday.
- Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance.
- The recent surge of Zcash has significantly impacted the overall demand for privacy coins.
- The downward slope in XMR futures OI indicates a loss of risk appetite among traders, who are adopting a wait-and-see approach.
- However, the success of Zcash may encourage exchanges to reconsider the status of privacy coins in the future.
If the MACD blue line crosses below the red, it would signal a renewed bearish momentum. If the XMR recovery surfaces above $400 for a successful close above $419, it could face opposition from the $471 high from Sunday, followed by the all-time high of $518, recorded on May 7, 2021. Monero holds ground above $350 with a bounce back of over 4% by press time on Wednesday, with bulls aiming monerov price to reclaim the $400 mark.
The privacy coin rally from last week failed to sustain a daily close above the $419 peak from May 26, resulting in this week’s rough start. There is currently no technical resistance on the aggressive upside that would halt the aggressive upside momentum. The long-term volume-to-market-cap ratio of 3.11% proves that there is an active trading base that is engaged, which supports the positive mood about Monero. We participate in marketing programs, our editorial content is not influenced by any commissions. Investors who think that demand for privacy will rise in the future, raising the price and total market cap of XMR, may find value in Monero in addition to its use as a medium of exchange.
MoneroV Price Converter
There are 0 cryptocurrency exchanges tracked by CoinCodex where you can convert XMV to USD. You can quickly compare the MoneroV price USD rate between five popular exchanges in the table above.View all exchanges Investment activities involve speculation and entail inherent risks to your capital.
As Monero trades in a mature price band with predictable growth, the appetite for risk is pushing capital toward newer, faster-moving tokens. But as privacy coins face increasing scrutiny, the long-term forecast assumes stable adoption without major institutional inflows. The convergence of both SMA and EMA indicators points toward a sustained upward channel unless there’s a sharp volume decline or macro event. Technical projections estimate the 50-day SMA to hit $402.29 by Dec 18, 2025, while the 200-day SMA could rise to $297.32 within the same timeframe.
MoneroV (XMV) is widely available on centralized and decentralized cryptocurrency exchanges. MoneroV hit the market on May 3 and aims to maintain a limited supply of coins in comparison to Monero’s infinite coin supply. In addition, the team behind MoneroV promise to implement new protocols that will solve the scaling problems facing coins such as Monero and Bitcoin. Moreover, MoneroV has not only focused on technical updates but also on expanding its ecosystem through strategic events and partnerships.
