Monero (XMR) has seen increased buying interest over the past few days, signaling that traders are positioning for potential upside. According to analyst Ardi, XMR is currently trading just below its 2021 all-time high (ATH) of $522.
The current position of the coin is at a bullish retest level. It could go all the way up to the local high at approximately $474 before reaching the first major resistance level at the all-time high. According to analysts, the selling pressure at the four-year level may take its time, but the current retest level provides a safe entry point for buyers who wish to take calculated risks.
According to the analysis by TradingView, Monero is still in a larger bullish structure despite the pullback. XMR price is within the mid-$430s as it failed to break out of the $470-$480 resistance area. The pullback also corresponds to the Trendoscope values, as it stands around 81% of the normal value for a strong uptrend correction range.
Monero has been forming higher highs and higher lows since early 2024, and a strong performance in 2025 indicates that it was in a growth stage. The current market action seems to be a digestion phase, which allows the market to adjust to the seller stimuli and prepare for further gains. The critical support to be maintained is around $400 to $420.
Momentum indicators indicate that the current fall is only temporary and does not indicate any change in trend. RSI for a week is in the low 60s, showing a retreat from overbought positions but not reaching bearish levels. The MACD histogram was in the negative region, but is showing a return to positive values as both lines lie above zero. All these indicators could indicate a return to $480-$500 soon.
RareMints also notes that Monero is displaying a double bottom formation, indicating eight years of remaining in a particular price interval before moving up above $1,000. With increased demand for privacy coins across the global market, Monero’s security and anonymity features may attract even more investors once they break out beyond their all-time high.
Also Read: Monero (XMR) price analysis highlights strong breakout potential toward $484.


