Can Monero (XMR) Break Through $350? Analyst Signals Breakout Potential

Monero (XMR) price has been trapped between the crucial support level of $315 and the resistance at $356.99, prompting investors to wonder if a breakout is imminent. Trader’s eyes are on XMR as it tests this critical zone, with some expecting a breakout above $350 to unlock targets near $355 and then $360+. Analyst @NoirBit14 highlights the potential for significant gains if XMR breaks through long-term resistance at $356.99. 24-hour trading volume has been significant, fueled by this bullish sentiment.