Can Monero (XMR) Hit a New All-Time High? | Credit: Hameem Sarwar
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Key Takeaways
Monero (XMR) trades inside the $410 horizontal resistance area.
The XMR price is only 20% below its all-time high of $517.
Can XMR sustain its momentum and hit a new all-time high in 2025?
Monero (XMR) is closing in on a critical resistance that could define its trend for the rest of the year.
After rebounding twice from strong support at $110 earlier this year, XMR has steadily gained momentum. It is now trading just 20% below its all-time high of $517.
With bullish momentum indicators clashing against potential bearish divergences, the coming weeks could be pivotal for Monero’s long-term trend.
Monero Nears All-Time High
The XMR price has increased steadily since bouncing twice at the $110 horizontal support area in January and April 2024.
The $110 area has been critical for Monero’s long-term movement, since the price has used it as a base for bouncing and moving higher since it first broke out above it in 2021.
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Currently, XMR trades inside the $410 horizontal area. This area has existed since 2018, despite a deviation (black circle) during the all-time high in 2021.
Overall, the main takeaway from its price action is whether the XMR price can break out above this seven-year resistance and begin a parabolic movement toward new highs.
Momentum indicators give mixed readings. The Relative Strength Index (RSI) is above 70, and the Moving Average Convergence/Divergence (MACD) is positive, having made a bullish cross.
However, potential bearish divergences (orange) are developing in both of them. Such divergences often occur at the top of upward movements and lead to bearish trend reversals.
Therefore, the XMR prediction depends on whether the price breaks out above $410 and invalidates its divergences, or if it gets rejected and confirms them.
Why is XMR Going Up?
Monero’s long-term wave count indicates that the price has formed an A-B-C-D-E structure, a five-part Elliott Wave corrective pattern, since its all-time high in 2017.
While the structure is unusual due to its shape and wave count proportions, it remains valid from an Elliott Wave count perspective.
Today, the XMR price is validating the triangle’s resistance trend line as support after previously breaking out above it.
If successful, this action could be the beginning of the next rally in XMR’s price movement.
An increase that hits the 1.61 external Fibonacci retracement of the triangle will take the price of XMR to $755, an 80% increase from the current price and a new all-time high.
ZEC and XMR are both privacy coins, and the former’s surge preceded that of the latter.
As a result, their price movement is often compared with each other.
Despite the comparisons, the price movement is not similar.
The ZEC and XMR prices shared similarities in 2024 and the first half of 2025; however, Zcash’s parabolic increase, starting in September, outpaced that of XMR.
If Monero breaks out above the long-standing $410 resistance, it could begin a surge toward $755 and a new all-time high.
However, a rejection at this level might confirm bearish divergences and signal a correction.
As the privacy coin narrative is heating up, all eyes are now on whether Monero will follow suit and become one of the best-performing assets at the end of 2025.
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.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
