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Key takeaways
Monero (XMR) continued its excellent start to the year after hitting a new all-time high. The coin has added more than 4% to its value in the last 24 hours to hit an all-time high of $716 a few hours ago.
At press time, XMR has slightly retraced to now trade at $708 per coin. The rally means that XMR has added more than 50% to its value in the last seven days, outperforming other cryptocurrencies in the top 20.
Thanks to the ongoing rally, Monero is now the 12th-largest cryptocurrency, with a market cap close to $13 billion.
However, crypto analytics platform Santiment has warned investors that the rising FOMO surrounding Monero could be risky. According to Santiment, XMR’s social dominance peaked on Sunday, while development activity has declined.
“If you are looking for an entry point, consider doing so after social hype and FOMO wears off slightly,” Santiment added.
The coin is currently facing a retracement after hitting the all-time high price.
The XMR/USD 4-hour chart is bullish and efficient thanks to Monero adding 50% to its value in the last seven days. The coin is trading at $708 per coin and could rally higher in the near term.
The momentum indicators are in the overbought region, which could result in Monero undergoing a correction.
The Relative Strength Index (RSI) of 84 shows that XMR is overbought, signaling heightened bullish momentum. Overbought conditions in the RSI often lead to a short-term correction, as evidenced by XMR’s recent moves.
The MACD lines are also in the bullish zone, adding more confluence to the market conditions.
If the rally continues, XMR could hit an all-time high of $750 or more in the near term. However, if the market undergoes a correction, the leading privacy coin could retrace towards the support level at $601.
Monero
XMR
$574.5
24h volatility:
15.7%
Market cap:
$10.60 B
Vol. 24h:
$369.01 M
is currently leading the privacy coin sector, surging 19% and reaching a new all-time high of $596.
Today’s rally follows a multi-month breakout, with veteran trader Peter Brandt noting similarities to the recent silver breakout.
The current XMR chart indicates strong bullish momentum, suggesting continued upside potential for the altcoin.
Hey investors/traders
If you cannot figure out what I am telling you here then I could never be of any value to your thinking pic.twitter.com/dLz1ncK2PX— Peter Brandt (@PeterLBrandt) January 12, 2026
Monero has set a new all-time high after climbing to $598, pushing its market capitalization above $10 billion for the first time.
The breakout has reinforced bullish sentiment among analysts, with some noting that the XMR rally may still be in its early stages.
Market data shows strong momentum behind Monero’s rally. As of January 12, XMR has gained over 30% since the previous Saturday, trading above $596 with a market capitalization exceeding $10.7 billion.
Trading activity also went up, with daily volume rising 242% to over $370 million, which is the highest level recorded in the past month.
Veteran trader Peter Brandt compared the recent Monero (XMR) price behavior to silver’s historic breakout pattern.
In his analysis, Brandt reviewed XMR on a monthly timeframe and compared it with silver’s performance on a quarterly chart.
He noted that both assets previously formed two major peaks that created a long-term descending resistance trendline.
In silver’s case, the price eventually broke above that trendline, followed by a powerful breakout candle, dubbed the “god candle.”
Brandt has refrained from giving a specific XMR price target, but the comparison suggests that Monero could experience a similar high-momentum breakout on its monthly chart as it moves past its own long-term resistance.
Analysts at 10x Research said Monero has gained momentum from a renewed market focus on privacy, alongside growing expectations around upcoming protocol upgrades.
In a research note, the firm said these factors have helped revive demand for XMR, even as regulatory uncertainty continues to weigh on the broader privacy-coin sector.
Apart from Monero’s (XMR) price rally, other privacy coins such as Zcash
ZEC
$400.5
24h volatility:
1.1%
Market cap:
$6.61 B
Vol. 24h:
$699.00 M
, which recently fell 10% following the departure of its development team, and Canton (CC) have also been in the spotlight amid the sector-wide rally.
Some market analysts noted that XMR is well-positioned to outperform in 2026, supported by several emerging tailwinds.
The XMR rally is also being driven by increasing demand for privacy-focused assets as tax enforcement intensifies across the globe.
The investor sentiment is making a good shift following governance and development setbacks within the Zcash ecosystem.
Bitcoin Hyper (HYPER) is gaining attention as Bitcoin’s Layer-2 scalability solution, bringing smart contracts to the BTC mainnet. The project aims to fix Bitcoin’s slow transaction speeds and unlock new possibilities for decentralized apps.
The HYPER token powers transaction fees and smart contract deployment while offering staking rewards to users. Having already raised over $30 million, HYPER plans to introduce DeFi on Bitcoin with a massive 38% staking return, turning heads across the crypto space.
Thinking of joining the presale? Check out our guide on how to buy Bitcoin Hyper.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
Key takeaways
XMR, the native coin of the Monero blockchain, is the best performer among the top 20 cryptocurrencies by market cap. It is up 15% in the last 24 hours and is currently trading at $573 per coin.
The privacy coin hit an all-time high of $596 during the early hours of Monday, but has slightly retraced due to the poor performance by Bitcoin and other leading cryptocurrencies.
XMR is up by nearly 35% since the start of the month as the Zcash developers’ crisis boosts capital rotation to Monero. If the coin crosses the $600 mark, it could rally towards a new all-time high of $640 in the near term.
The rally comes as privacy coins record excellent gains thanks to growing retail demand. Zcash and other privacy-related assets, such as Canton, also advanced, extending gains that began in late December.
The XMR/USD 4-hour chart is bullish but inefficient thanks to Monero’s violent upward movement since the start of the year. The technical indicators suggest that the coin could rally higher in the near term.
The Relative Strength Index (RSI) is at 80, signaling intense overbought conditions with an underlying risk of unsustainable buying pressure.
Furthermore, the Moving Average Convergence Divergence (MACD) extends the upward trend, suggesting heightened trend momentum.
If the rally continues, XMR could surge towards a new all-time high of $640, with the $700 psychological mark also a possibility in the near term.
However, if the bears regain control of the market, XMR could retest the $569 support level over the next few hours. An extended bearish performance could see XMR gain efficiency on the 4-hour timeframe at $489.
Monero price has recorded an impressive 50% growth spurt out of the blue, but a scam is fuelling the rally. On-chain security expert ZachXBT says a Bitcoin heist and multiple XMR swaps to launder the stolen asset are responsible for the surge.
While the rest of the cryptocurrency markets recorded modest gains, the Monero price has surged by a remarkable 50% in 24 hours. Data from CoinMarketCap confirmed the XMR rally as prices reached a daily high of $339 over the last day.
XMR’s trading volume mirrored the rise in Monero price to sit at an impressive $254 million within 24 hours. The spike in trading volumes translated to a staggering 380% increase, leaving investors puzzled over the numbers.
According to on-chain security expert ZachXBT in an X post, the Monero price rally is not the product of usual market activity. ZachXBT says the rally is the result of a Bitcoin theft and subsequent attempt to launder the assets via the privacy coin.
Per ZachXBT, it all began with a suspicious transaction of 3,520 BTC worth $330.7 million from a potential victim. Minutes after the shady transfers, ZachXBT notes that bad actors began laundering the BTC on exchanges, swapping them for Monero to reduce traceability.
“Shortly after the funds began to be laundered via 6+ instant exchanges were swapped for XMR, causing the XMR price to spike 50%,” said ZachXBT.
ZachXBT noted that the theft address and other on-chain indicators provide further confirmation of a BTC heist. The on-chain security expert notes that the victim is a long-time BTC holder, using Gemini, Coinbase, or River.
Furthermore, the transfer of the funds in small batches to instant exchanges and creating hundreds of orders raises eyebrows. The movement of funds in this manner will trigger losses running into seven figures, pointing to increased scammer activity amid the Monero price spike.
However, ZachXBT clarifies that it is unlikely that North Korea had anything to do with the 3,520 Bitcoin heist. North Korean hackers have been fingered in a malware campaign against developers. He adds that the victim is potentially an OG Bitcoiner with BTC holdings older than 2015.
While Monero price spiked following the incident, Bitcoin price continues to trade sideways at $94,000. A Bitcoin price near $100K has stoked optimism for a bigger rally for the largest cryptocurrency, but macroeconomic uncertainties stand in the way.
The post Monero (XMR) Price Jumps 50% Amid $330M Suspicious Bitcoin Transfer appeared first on CoinGape.
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Since its launch in 2014, Monero (XMR) has carved a niche by offering secure, untraceable transactions through advanced cryptographic techniques like ring signatures and stealth addresses.
Unlike Bitcoin, where transaction details are an open book, Monero keeps sender, receiver, and amount under wraps, making it a go-to for those who value financial discretion.
However, while the Monero blockchain is hailed for its privacy, its native token, XMR, has been on a roller coaster since hitting a high of $239.18 in February.
The privacy coin has been hitting lower highs and lower lows until April 7, 2025, when it hit a low of $185.60 on Kraken and started bouncing back up.
At press time on April 16, 2025, the Monero price had risen to around $219 after a golden cross on April 13, 2025.
The golden cross, a classic bullish signal, happens when a short-term moving average, like the 50-day, crosses over a long-term one, such as the 200-day.
Historically, this pattern hints at upward momentum, and it’s got traders eyeing potential gains.
The price has since steadied, with resistance looming at $230 and $235, and support holding at $200 and $193.
This technical setup suggests Monero price could be gearing up for a breakout, but the road ahead isn’t without hurdles.
Monero’s privacy edge gives it a unique advantage as demand for secure transactions grows.
Rising cyber threats and a push for financial autonomy could drive adoption, nudging its price upward.
On the flip side, governments cracking down on privacy coins pose a real risk.
Enhanced blockchain analytics might also chip away at Monero’s anonymity, though its tech remains a tough nut to crack.
These dynamics make its price trajectory a balancing act between innovation and external pressures.
After dipping to $165 earlier this year and rallying sharply to around $219, Monero’s recent price movements tell a story of recovery.
The golden cross has added fuel to the fire, reinforcing optimism among investors, with most anticipating a surge past $230 rather than a drop towards the $200 support.
This optimism leans on technical signals and a Fear & Greed Index showing fear, which could flip into a buying spree.
However, more cautious estimates peg Monero (XMR) between $185 and $279 by year-end, with Bitcoin’s performance, regulatory shifts, and growing demand for privacy in digital transactions playing a role in shaping these outlooks.
Past performance also offers some clues. Back in 2017, Monero rocketed from $13.79 to $349.55 in a single year, proving it’s capable of big leaps.
But today’s landscape is trickier, with tighter regulations and rival privacy coins in the mix.
If Monero price holds above $200 and clears $230, $235 looks plausible, although the broader market trends will have the final say.