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

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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. 

As uncertainty deepens around rival privacy-focused projects-particularly following key developers exit in Zcash, market attention has swiftly rotated toward Monero.

Following the capital rotation into XMR, Monero price posted fresh highs and eyes for another bullish leg up.

With the start of 2026, Monero (XMR) has erupted into the spotlight. Monero (XMR) fresh all-time-high marks a decisive shift in market control, pushing XMR price firmly into price discovery. XMR’s breakout has shifted the market into a clear trend-expansion phase. 

Following the ATH, a major supply barrier was cleared, which could push XMR to further higher zones.

As Monero price entered the discovery phase, the price action has stabilized at higher levels. On the weekly charts, XMR price has shown a rounding bottom pattern breakout and flipped the $430 hurdle into a demand area now. 

At press time, Monero (XMR) price is trading at $640, noting an intraday rise of over 13.20%, with a 44% surge in trading volume. Its market cap rose to $11.8 Billion.

Looking at the chart, XMR price has surpassed the upper edge of the channel and skyrocketed past the $600 psychological hurdle.

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

$XMR bounced hard from $420 and surged +45%