Monero is experiencing a strong bullish momentum, pushing towards a significant target of $484. This surge comes after the cryptocurrency broke through its long-term resistance, fueled by renewed investor confidence and market trends. Analysts predict further price increases, potentially reaching 48% from current levels. Javon Marks, a prominent market analyst, highlights Monero’s impressive performance, stating: “Monero has been performing extremely well, climbing massively towards our target after breaking out of its resisting trend, and prices look to still be positioned for HIGHER!” This breakout confirms a full market cycle recovery, moving from a prolonged bear market. The surge began with strong support near $100 in late 2022, followed by sideways movement until the coin broke above its long-term bearish trends, signaling a new positive phase. In the past year, Monero has seen sustained gains, erasing the negative impact of the earlier bear market. The recent bull run accelerated into 2025, culminating in a price surge that brought XMR close to $400. The current stability around the $484.44 zone suggests consolidation before potentially experiencing further upside. This is indicated by increased trading volume, reflecting active participation from both bulls and bears seeking control of the market.