XMR Price Prediction: How High Can Monero Price Go?
Monero is no longer in hiding its price just exploded past major resistance, and the charts are hinting that this rally might be far from over.
Monero (XMR), the leading privacy-focused cryptocurrency, has suddenly come back to life. After months of quiet sideways movement, XMR price has erupted with a powerful rally that caught many traders off guard. In May 2025 alone, the price surged more than 60%, pushing past key resistance levels and signaling the start of a potential long-term uptrend.
As XMR price flirts with the $400 mark, investors are now asking the big question — is $500 within reach? In this article, we analyze Monero price latest daily and hourly charts, break down the technical indicators, and offer a calculated price prediction for the days ahead.
XMR Price Prediction: What’s Driving the Monero Price Rally?
Monero (XMR) price has been on an impressive bull run throughout May 2025, gaining momentum after a long period of consolidation. From the daily chart, it's evident that the breakout above the 200-day moving average ($223) in late April served as the launchpad for this rally. Since then, XMR has rallied from around $250 to above $400 — a massive 60% gain in under a month.
This rally has pushed XMR price through key pivot resistance levels — namely the R1 ($300), R2 ($340), and R3 ($388). Currently trading around $395–$387, it’s hovering near the psychological $400 mark, which is acting as temporary resistance. On the Heikin Ashi daily chart, we see multiple strong bullish candles leading into a slight retracement, suggesting potential consolidation before the next leg up.
Are Technical Indicators Supporting the Bulls?
Yes, very strongly. The daily chart shows a clean bullish structure:
- Moving Averages: The XMR price is trading well above the 20, 50, 100, and 200-day simple moving averages. The 20-day SMA is currently near $353, while the 200-day SMA lags at $223 — indicating strong upward momentum.
- Fibonacci Extensions: Drawing a Fibonacci extension from the breakout zone around $250 to the top near $408 gives us a 1.618 target at approximately $480, aligning with the extended pivot resistance (PP 1.61).
- Support Levels: Immediate support lies near $388 (R3 pivot) and deeper at $350 (R2). A correction towards $350–360 would still retain bullish market structure.
Is the Hourly Chart Showing Any Weakness?
The hourly chart offers a more nuanced view. After touching the $408 peak, Monero price has been in a slow descending pattern, with candles showing a mix of indecision and mild bearish pressure. Price is currently below the short-term moving averages (20/50/100-hour), with $396 and $405 acting as near-term resistance.
However, the long-term structure remains intact:
- 200-hour SMA sits at $384, which is currently offering minor support.
- The last few candles indicate a potential bounce near $385–$387.
- This may develop into a bull flag — a common continuation pattern.
If Monero price can reclaim the 20-hour SMA ($396), it may resume its uptrend quickly.
XMR Price Prediction: Can XMR Price Hit $500 in June?
Let’s break it down with a calculation using the Fibonacci extension method:
- Swing low (April) ≈ $250
- Swing high (May) ≈ $408
- Difference = $158
- Extension target = $408 + 0.618 × $158 ≈ $506
This aligns well with the 1.618 Fibonacci extension level seen on the daily chart. The $500 zone is also a psychological milestone that traders are likely to target, making it both technically and emotionally significant.
What Could Derail the Rally?
Short-term pullbacks are natural in any uptrend. If XMR price fails to hold the $388 level, it could revisit the $350–$360 region. A close below the 20-day SMA ($353) would signal a weakening of bullish momentum. Additionally, if Bitcoin faces sudden volatility, Monero price may follow the broader market correction.
But as of now, there's no structural damage on the daily chart.
Final Thoughts: Should You Watch XMR Closely?
Absolutely. Monero price has broken out of a multi-month accumulation phase and is entering a price discovery zone. As long as it holds above $350, this breakout remains valid. The next upside targets to watch are $440 and $500, while the key supports sit at $388 and $350.
The strong volume spike during the breakout and the sustained push above major moving averages support a bullish bias.
$XMR, $Monero
Prasanna Peshkar
Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.
Monero (XMR), the leading privacy-focused cryptocurrency, has suddenly come back to life. After months of quiet sideways movement, XMR price has erupted with a powerful rally that caught many traders off guard. In May 2025 alone, the price surged more than 60%, pushing past key resistance levels and signaling the start of a potential long-term uptrend.
As XMR price flirts with the $400 mark, investors are now asking the big question — is $500 within reach? In this article, we analyze Monero price latest daily and hourly charts, break down the technical indicators, and offer a calculated price prediction for the days ahead.
XMR Price Prediction: What’s Driving the Monero Price Rally?
Monero (XMR) price has been on an impressive bull run throughout May 2025, gaining momentum after a long period of consolidation. From the daily chart, it's evident that the breakout above the 200-day moving average ($223) in late April served as the launchpad for this rally. Since then, XMR has rallied from around $250 to above $400 — a massive 60% gain in under a month.
This rally has pushed XMR price through key pivot resistance levels — namely the R1 ($300), R2 ($340), and R3 ($388). Currently trading around $395–$387, it’s hovering near the psychological $400 mark, which is acting as temporary resistance. On the Heikin Ashi daily chart, we see multiple strong bullish candles leading into a slight retracement, suggesting potential consolidation before the next leg up.
Are Technical Indicators Supporting the Bulls?
Yes, very strongly. The daily chart shows a clean bullish structure:
- Moving Averages: The XMR price is trading well above the 20, 50, 100, and 200-day simple moving averages. The 20-day SMA is currently near $353, while the 200-day SMA lags at $223 — indicating strong upward momentum.
- Fibonacci Extensions: Drawing a Fibonacci extension from the breakout zone around $250 to the top near $408 gives us a 1.618 target at approximately $480, aligning with the extended pivot resistance (PP 1.61).
- Support Levels: Immediate support lies near $388 (R3 pivot) and deeper at $350 (R2). A correction towards $350–360 would still retain bullish market structure.
Is the Hourly Chart Showing Any Weakness?
The hourly chart offers a more nuanced view. After touching the $408 peak, Monero price has been in a slow descending pattern, with candles showing a mix of indecision and mild bearish pressure. Price is currently below the short-term moving averages (20/50/100-hour), with $396 and $405 acting as near-term resistance.
However, the long-term structure remains intact:
- 200-hour SMA sits at $384, which is currently offering minor support.
- The last few candles indicate a potential bounce near $385–$387.
- This may develop into a bull flag — a common continuation pattern.
If Monero price can reclaim the 20-hour SMA ($396), it may resume its uptrend quickly.
XMR Price Prediction: Can XMR Price Hit $500 in June?
Let’s break it down with a calculation using the Fibonacci extension method:
- Swing low (April) ≈ $250
- Swing high (May) ≈ $408
- Difference = $158
- Extension target = $408 + 0.618 × $158 ≈ $506
This aligns well with the 1.618 Fibonacci extension level seen on the daily chart. The $500 zone is also a psychological milestone that traders are likely to target, making it both technically and emotionally significant.
What Could Derail the Rally?
Short-term pullbacks are natural in any uptrend. If XMR price fails to hold the $388 level, it could revisit the $350–$360 region. A close below the 20-day SMA ($353) would signal a weakening of bullish momentum. Additionally, if Bitcoin faces sudden volatility, Monero price may follow the broader market correction.
But as of now, there's no structural damage on the daily chart.
Final Thoughts: Should You Watch XMR Closely?
Absolutely. Monero price has broken out of a multi-month accumulation phase and is entering a price discovery zone. As long as it holds above $350, this breakout remains valid. The next upside targets to watch are $440 and $500, while the key supports sit at $388 and $350.
The strong volume spike during the breakout and the sustained push above major moving averages support a bullish bias.
$XMR, $Monero
Prasanna Peshkar
Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.
Regular updates on Web3, NFTs, Bitcoin & Price forecasts.
Stay up to date with CryptoTicker.