The crypto market has seen significant movement over the past 24 hours, with Monero (XMR) emerging as the best-performing coin in the top 100 club. Its price tapped a new historical record, and many analysts believe the rally is far from being over. How Much More? Just a few hours ago, the popular privacy coin reached a fresh all-time high of almost $600, while shortly after it lost some momentum and currently trades at around $577 (per CoinGecko’s data). XMR Price, Source: CoinGecko XMR’s market cap soared beyond $10.5 billion, making it the 18th-biggest cryptocurrency and the undisputed leader in its niche. Zcash (ZEC), which has had its shining moments in recent months, ranks second with a capitalization of approximately $6.5 billion. Logically, the new peak caused numerous industry participants to shift their focus toward the asset. Some praised the record as a major achievement, given that it comes despite XMR’s delisting from multiple exchanges in the past. One of those is Binance, which terminated all services with the token at the start of 2024. X user il Capo of Crypto told their almost one million followers that, similar to gold and silver, XMR may experience short-term corrections but expects it to climb much higher. George predicted an ascent towards the $800-$900 range “sooner than most think,” whereas Greeny envisioned a pump above $1,000. X user Kazi appears to be the biggest optimist, forecasting a rather unrealistic (at least as of the moment) jump to $10,000. Such an increase would require XMR’s market cap to reach approximately $185 billion, nearly equal to Tether’s stablecoin USDT. Pullback on the Horizon? History shows that, in many cases, XMR’s spikes to record highs were quickly followed by painful corrections. In May 2021, the price exploded above $500, but just a few days later, it dropped below $200. A similar pattern was observed in the spring of 2025. The asset’s Relative Strength Index (RSI) supports the bearish scenario. The technical analysis tool measures the speed and magnitude of the latest price changes and is used by traders to spot possible trend reversals. It ranges from 0 to 100, and ratios above 70 signal that XMR is overbought and due for a pullback. Conversely, anything below 30 is considered a buying opportunity. As of this writing, the RSI stands at roughly 78. XMR RSI, Source: RSI Hunter The post Monero (XMR) Hits a New ATH: Further Pump or Collapse on the Way? appeared first on CryptoPotato .
