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Monero ($XMR) Crypto Forecast: Down 5.0% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Monero?

Asset Monero (XMR) is a popular privacy-focused cryptocurrency known for its emphasis on anonymity and security. The overall cryptocurrency market has been experiencing volatility recently, with investors closely monitoring regulatory developments and technological advancements in the industry.

Why is Monero going down?

XMR crypto is down 5.0% on Jun 12, 2025 4:05

  • The bearish movement in XMR today could be attributed to profit-taking by traders following a period of price appreciation.
  • The announcement of Qubic's technical milestone with Useful Proof of Work implementation may have initially sparked interest in XMR, but the market sentiment might have shifted due to broader market factors.
  • Investors may be cautious about the implications of merge mining with Tari and how it could impact XMR's network security and decentralization.
  • It's essential for traders to stay informed about developments in the cryptocurrency space and assess the long-term implications of technological advancements on the assets they hold.

XMR Price Chart

XMR Technical Analysis

XMR News

Qubic Announces Technical Milestone with Useful Proof of Work Implementation

Ile Du Port, Mahe, Seychelles , June 09, 2025 ( GLOBE NEWSWIRE ) -- Qubic, the decentralized compute and AI Layer 1 protocol, has achieved a major technical milestone with the successful demonstration of its Useful Proof of Work ( uPoW ) concept, leveraging Monero ( XMR ) and Tari merge mining ...

https://markets.businessinsider.com/news/stocks/qubic-announces-technical-milestone-with-useful-proof-of-work-implementation-1034806006

0 News Article Image Qubic Announces Technical Milestone with Useful Proof of Work Implementation

Monero Price History

25.04.2025 - XMR Crypto was up 5.2%

  • The surge in Monero's price can be attributed to the overall positive sentiment towards privacy coins, with Zcash also experiencing a significant price jump.
  • The annual Monero Conference in Prague likely generated increased attention and interest in XMR, contributing to its price rally.
  • As concerns about surveillance and regulatory scrutiny grow, investors are turning towards privacy-oriented cryptocurrencies like Monero, driving up its value.
  • The positive price movement of XMR aligns with the trend of other major cryptocurrencies like Bitcoin, Ethereum, and XRP hitting new all-time highs, indicating a bullish sentiment across the market.

28.04.2025 - XMR Crypto was down 9.9%

  • Monero (XMR) experienced a strong bearish movement today, with a significant decline in its price.
  • There are observations indicating a shift in market sentiment towards a correction following a recent peak.
  • The surge in Monero futures open interest suggests a potential interest from traders in purchasing at the current price levels.
  • On-chain metrics signaling overheating could have contributed to the decline, indicating a possible pullback after a period of significant growth.

28.04.2025 - XMR Crypto was down 10.0%

  • Monero (XMR) experienced a significant bearish movement, falling sharply by 15%.
  • Despite the freefall, funding rates still indicate bullish sentiment among traders.
  • The price forecast suggests a potential correction or further decline after a recent peak.
  • The surge in Monero futures open interest amidst the price drop indicates that some traders might be viewing this as a buying opportunity, potentially leading to a reversal in the near future.

28.04.2025 - XMR Crypto was down 12.6%

  • Monero (XMR) witnessed a strong bearish movement today, with prices falling by double digits.
  • The surge in Monero futures open interest amidst the price decline suggests that traders might be viewing this as a buying opportunity.
  • On-chain metrics indicating overheating and renewed selling pressure could have contributed to the bearish sentiment surrounding Monero.
  • Despite a recent surge of 150% in Q2, Monero's price decline today reflects the ongoing volatility in the cryptocurrency market, contrasting with Bitcoin's recovery and Ethereum's price stability.

28.04.2025 - XMR Crypto was down 16.7%

  • Despite Monero's strong performance in Q2, on-chain metrics signaling overheating and renewed selling pressure likely contributed to today's bearish movement.
  • The surge in privacy coins like Monero and Zcash pushing the market cap past $10B could have initially driven interest, but profit-taking and market corrections may have led to the decline.
  • While altcoins like XMR initially outperformed, the overall market sentiment and potential profit-taking from investors could have caused a shift towards selling pressure, resulting in the bearish movement today.
  • The recovery of Bitcoin and Ethereum maintaining its price levels indicate that investors might be rotating their positions, leading to a temporary downturn for Monero as part of a broader market correction.

04.05.2025 - XMR Crypto was down 5.0%

  • Despite the positive start in the broader crypto market and the rally in layer-1 tokens, XMR experienced a bearish movement, indicating a divergence from the overall trend.
  • The bearish movement in XMR could be attributed to profit-taking by investors who had previously benefited from its gains, leading to a temporary price correction.
  • It's possible that some traders shifted their focus towards other cryptocurrencies like FLR and ZEC, which were among the top gainers, causing a relative decline in interest and demand for XMR.
  • The news about Flare leading the layer-1 rally and unlocking XRP's DeFi potential may have drawn attention away from XMR, contributing to its bearish movement as investors sought opportunities in other tokens.

26.04.2025 - XMR Crypto was down 5.1%

  • Despite the positive developments surrounding Monero, the bearish movement today could be attributed to profit-taking by investors after a period of strong performance.
  • The surge in altcoins may have led to a rotation of funds out of Monero and into other outperforming assets, causing a temporary dip in XMR's price.
  • The unexpected comeback of Monero to the top 25 cryptocurrencies might have initially sparked interest and buying pressure, but as the market corrected, some investors might have taken the opportunity to realize gains, leading to the bearish movement.
  • Overall, the market sentiment towards Monero remains positive, but short-term price fluctuations are common in the volatile cryptocurrency space.

02.05.2025 - XMR Crypto was up 5.8%

  • Monero (XMR) witnessed a strong bullish trend despite recent mentions of a notable price drop and subsequent decline.
  • The positive market sentiment towards Monero aligns with the overall upbeat trend in the cryptocurrency space, with layer-1 tokens like XMR leading the upward momentum.
  • Favorable funding rates for Monero reflected optimistic market sentiment, contributing to its upward trajectory despite temporary price fluctuations.
  • The significant price drop in Monero may have represented a brief correction within the context of an overall bullish market, as demonstrated by Bitcoin's stability at $109K.

22.04.2025 - XMR Crypto was up 6.7%

  • XMR's surge to trade at around $362 can be attributed to the broader resurgence of interest in privacy-focused cryptocurrencies, with investors seeking alternatives amid concerns about surveillance and regulatory scrutiny.
  • The annual Monero Conference in Prague likely generated positive sentiment and showcased the community's dedication to privacy advocacy, further boosting XMR's price.
  • Speculation about XMR potentially reaching $489 following an 82% rally in 40 days indicates growing optimism and bullish momentum in the market for Monero.
  • The overall positive trend in the cryptocurrency market, with Bitcoin hitting new all-time highs and other major coins like Ethereum and XRP following suit, likely provided a supportive environment for XMR's impressive price movement.

12.05.2025 - XMR Crypto was down 5.0%

  • The bearish movement in XMR today could be attributed to profit-taking by traders following a period of price appreciation.
  • The announcement of Qubic's technical milestone with Useful Proof of Work implementation may have initially sparked interest in XMR, but the market sentiment might have shifted due to broader market factors.
  • Investors may be cautious about the implications of merge mining with Tari and how it could impact XMR's network security and decentralization.
  • It's essential for traders to stay informed about developments in the cryptocurrency space and assess the long-term implications of technological advancements on the assets they hold.

27.04.2025 - XMR Crypto was down 5.2%

  • Monero showed a notable downward trend while other altcoins such as AAVE and WLD were on the rise.
  • Even with the privacy-coin market cap surpassing $10B, which includes Monero and Zcash, Monero's price did not see a positive change.
  • Despite contributing to the recent altcoin surge along with TRX and HYPE Token, Monero faced a bearish market movement.
  • Albeit being considered for future growth prospects and market performance in 2025 like Ethereum and BlockDAG, Monero's current performance did not reflect its potential.

27.04.2025 - XMR Crypto was down 6.1%

  • Monero (XMR) witnessed a bearish movement amidst the recent surge in the privacy-coin market cap, indicating a potential profit-taking scenario.
  • A sudden altcoin rally, including TRX, Monero, and HYPE Token, initially boosted XMR's price but later faced selling pressure.
  • Despite Bitcoin and Ethereum maintaining their positions, the bearish movement in XMR may be linked to investors shifting from altcoins to more established cryptocurrencies.
  • The general market sentiment towards altcoins like Monero appears favorable, despite short-term fluctuations and profit-taking behaviors that may trigger bearish movements alongside positive sector developments.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.