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Monero (XMR) Hits New $610 All-Time High – Veteran Trader Shares Silver-Like Setup

5 hours ago

Monero (XMR) is leading the crypto market bounce b

Monero (XMR) is leading the crypto market bounce by breaking out of a macro resistance level and breaching above the $600 barrier for the first time. A legendary trader has suggested that the cryptocurrency is mirroring silver’s historical breakout and could see a massive price discovery rally.

XMR mirrors silver’s setup. Source: Peter Brandt on X

XMR’s performance in the one-week chart. Source: XMRUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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Tags: bounce, breaching, breaking, Crypto, crypto analyst, crypto trader, Cryptocurrency Market News, leading, level, Macro, market, Monero, Monero ATH, Peter Brandt, Privacy Tokens, resistance, silver, xmr, XMR ATH, XMR breakout, xmrusdt, Zcash

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