XMR has gone up by 3.6% in the past 24 hours as privacy tokens seem to be recovering after a strong pullback. One trader sees a bullish Monero price prediction after the price broke through a long-standing resistance.
Trading volumes have increased by 6%, exceeding $170 million already. This indicates strong buying pressure as XMR hits this key level.
Since the year started, the market has favored privacy tokens like XMR. This token has booked a 122% gain in 2025 as a result of this trend.
Trader Crypto Knight, whose X account is followed by nearly 70,000 users, shared an interesting chart that sees XMR rallying to $900 or so if the price breaks through the $420 ceiling.
Today, the price action is hitting that exact mark. This makes the next few hours critical to XMR’s outlook, as a break above this level could result in an explosive move in the near term.
Monero Price Prediction: RSI Sends Buy Signal and Favors Bullish Outlook
The daily chart confirms Crypto Knight’s view. The price action has formed an ascending channel in the past few months, favoring a bullish outlook for the token.
A clean breakout above $420 could ignite a move toward $500 first. This target coincides with the upper bound of the price channel shown in the chart. Meanwhile, the next stop for the token if positive momentum accelerates would be the $600 area, which would result in a mid-term gain of around 50%.
The Relative Strength Index (RSI) is in bullish territory as it climbed above the mid-line and just crossed the 14-day moving average. This is typically interpreted as a buy signal, as it means that positive momentum is accelerating.
Apart from privacy tokens, top crypto presales also offer attractive upside potential to early buyers. Maxi Doge ($MAX) is among the most promising projects in this category, as this token aims to rally traders around a viral meme coin.
Can Maxi Doge ($MAXI) Be the Next Dogecoin? Investors Pour Millions as Presale Enters Last Stage
Maxi Doge ($MAXI) is what you get when a Shiba Inu takes too many Red Bulls and stares too long at price charts.
This Ethereum meme coin embodies the hype that comes with bull markets and plans to build a community of risk-taking traders through fun competitions and more.
Through contests like Maxi Ripped and Maxi Gains, $MAXI holders will get the chance to earn some attractive rewards by showcasing their most profitable trades.
In addition, they get exclusive access to a hub through which they can share ideas, setups, and insights that help other ‘degens’ score more Ws.
Hidden gems like Maxi Doge are not easy to find. Early buyers who take advantage of its presale price could get the best seat to ride the pump once the token is listed on exchanges.
To buy $MAXI, simply head to the official Maxi Doge website and link up your wallet (e.g. Best Wallet).
You can either swap USDT or ETH for this token or use a bank card instead.
Visit the Official Maxi Doge Website Here
The post Monero Price Prediction: XMR Price Spikes 5% Overnight, Could Investors See $450 Before Christmas? appeared first on Cryptonews.
