Monero Tests Key Resistance at $470 as Momentum Builds

Monero (XMR) is approaching a critical multi-year resistance level near $470. This move follows years of range-bound price action, but recent market structure shifts indicate growing anticipation for a decisive breakout test. Analysts highlight the asset’s steady upward momentum since 2022, signaling control and resilience despite previous attempts to break through this resistance zone. The current testing phase is characterized by moderate trading volume and market capitalization activity, suggesting cautious accumulation as price approaches the key zone.