Monero Price Hits Fresh ATH: Is the XMR Price Rally Still Young?

Monero (XMR), the flagship privacy coin has surged to a fresh all-time high, gaining strong bullish momentum as investors rotate capital into privacy-focused assets. 

Per the Fibonacci levels, Monero price may reach $655 followed by $690 in the near sessions. While the major targets were around $870-$1020 which may be seen in the near weeks.

Beyond momentum and rotation, Monero’s fundamentals remain bullish, enduring developer activity, continuous mining emissions and real user demand. 

A recent post on X by AltCryptoTalk highlighted that XMR has showcased a decisive bounce from the $420 support zone and delivered an explosive 45% rally

Monero price has broken out of a long accumulation phase and is now trading within an ascending channel. According to the analyst, as long as bulls remain in control, the uptrend continuation is likely. XMR price may hit $700, the upper wedge resistance trajectory. 

What Bulls Should Watch Next

Amidst the sharp price breakout, the bullish thesis remains intact as long as Monero maintains support above $600. While broader bias remains bullish, XMR may continue to outperform as it stands as one of the top privacy coins to watch as 2026 unfolds.

As Monero price goes into uncharted territory, the mighty bulls may push XMR toward $700 soon. In case of profit booking at highs, XMR price may retrace toward $620 followed by $600 ahead.

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