Monero ($XMR) Crypto Forecast: Up 5.9% Today

What is Monero?

Monero (XMR) is a privacy-focused cryptocurrency token known for its emphasis on anonymity and security. The overall cryptocurrency market has been experiencing volatility recently, with investors closely monitoring price movements and market sentiment.

Why is Monero going up?

XMR crypto is up 5.9% on Jul 24, 2025 21:25

• Despite a bearish sentiment, XMR displayed strong bullish movement today, indicating a divergence from the short-term trendline.
• Increased short positions by traders initially pressured the price, but strong buying interest and market demand pushed XMR higher.
• Early signs of weakness may have been overshadowed by positive market developments or external factors favoring XMR's price appreciation.
• The bullish movement of XMR today suggests that market dynamics and investor sentiment played a significant role in driving the token's price higher, despite initial bearish forecasts.

XMR Price Chart

XMR Technical Analysis

XMR News

Monero Price Forecast: XMR bears take control of momentum

Monero (XMR) price is showing early signs of weakness on Tuesday after its price, currently at around $320, broke below the ascending trendline and traders' short positions on the token are rising.

https://www.fxstreet.com/cryptocurrencies/news/monero-price-forecast-xmr-bears-take-control-of-momentum-202507220745

Trending Today

United Therapeutics Corporation ($UTHR) Stock Forecast: Down 5.4% Today

NRG Energy Inc. ($NRG) Stock Forecast: Up 5.1% Today

Copper ($COPPER) Commodity Forecast: Down 11.5% Today

Essex Property Trust Inc. ($ESS) Stock Forecast: Down 5.0% Today

Roblox Corp ($RBLX) Stock Forecast: Up 5.2% Today

SoFi Technologies Inc. ($SOFI) Stock Forecast: Down 7.4% Today

Verisk Analytics Inc. ($VRSK) Stock Forecast: Down 6.3% Today

Garmin Ltd. ($GRMN) Stock Forecast: Down 5.1% Today

Humana Inc. ($HUM) Stock Forecast: Up 7.9% Today

Harley-Davidson Inc. ($HOG) Stock Forecast: Up 16.7% Today

Monero Price History

24.06.2025 - XMR Crypto was up 5.9%

• Despite a bearish sentiment, XMR displayed strong bullish movement today, indicating a divergence from the short-term trendline.
• Increased short positions by traders initially pressured the price, but strong buying interest and market demand pushed XMR higher.
• Early signs of weakness may have been overshadowed by positive market developments or external factors favoring XMR's price appreciation.
• The bullish movement of XMR today suggests that market dynamics and investor sentiment played a significant role in driving the token's price higher, despite initial bearish forecasts.

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.

03.06.2025 - XMR Crypto was up 5.7%

• XMR, along with other privacy coins like BCH and ALGO, experienced a strong bullish movement.
• The market recovery was led by "Made in USA" altcoins, suggesting a potential shift in investor sentiment towards these specific cryptocurrencies.
• Monero's focus on privacy and security may have attracted investors seeking anonymity in their transactions, contributing to its bullish performance.
• The broader market trend towards privacy coins and altcoins could have also influenced the increase in the price of XMR.

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.