Monero Breaks Out, Aims For 48% Price Rise to $484.44

Monero has broken through significant resistance, signaling a potential surge in price. The cryptocurrency is now poised for a 48% gain from current levels and could reach the target of $484.44. This breakout follows weeks of consolidation, and strong bullish momentum fueled by renewed investor interest in privacy-focused assets. Analysts note the breakout aligns with growing market demand for privacy solutions, driven by regulatory discussions and broader market shifts. Technical indicators like RSI and MACD are supportive of this rally.