New ATH In 2025? Monero Is Ready To Grow!
Monero is Bitcoin but private. A private Bitcoin.
Here we have a really, really long consolidation phase. We are looking at 959 days where Monero (XMRUSDT) has been moving within the same price range.
This price range, between 190 and 120, was actually first activated in November 2021, so this consolidation is older than 1,050 days.
The overall conditions are good. This pair has been good to retain value lately but not much action when it comes to strong growth.
The chart is very similar to Bitcoin, with some exceptions, until June 2022 when the price patterns changed completely.
➖ What does the future holds for Monero?
We can only speculate, but we can do so based on real world data so this speculation can end up being accurate.
➖ Can Monero produce a new All-Time High in 2025?
With the way the world is going and how the whole financial and geopolitical drama is developing, I think this project can, in the next bull-market.
Between December 2017 and May 2021, we have a double-top.
No new ATH in 2021 when everything else did, is a strong variation. This opens the doors for a new ATH in 2025 based on how strong this pair have remained over the years.
I think the ultra long-term accumulation is enough for a new All-Time High.
Volume has been rising long-term and the upper range of the accumulation zone has been challenged many times. It seems only a matter of time before XMRUSDT breaks into bullish territory and starts a new, major long-term uptrend.
The first and easy target is set at $358 and this can be hit mid-term (within months).
The first ATH projection is within the same range as the last one based on Fib. proportions, and that is $618 for 262% potential from current prices... But we can go further.
Below is the chart with the ATH projections not shown on the main chart above.
Monero 2025 New All-Time High Potential:
1) $779 (356%)
2) $1200 (600%)
I don't know why, but I am sure Monero will not stay behind in 2025.
➖ Summary
The longer the consolidation phase, the stronger the bullish wave that follows... Monero has been consolidating for years. It produced no new highs in 2021 and no bullish wave in 2023/24. But the project remains active, valid and viable. This is not a weakness but a signal of strength. Since it survived all this long and continues to hold strong, higher and higher is the most likely outcome next.
I might sound too optimistic, but this is my experience after 10 years of tracking the Cryptocurrency market.
It always does better than anything we can think of or project.
The mistake is always aiming too low... But I think most of you agree when I say: Monero is ready to grow!
Namaste.
🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.