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Monero Shatters Resistance, Rockets to $470 as Privacy Coins Explode in Demand

Monero Shatters Resistance, Rockets to $470 as Privacy Coins Explode in Demand

Published:
2025-11-10 16:22:04
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Monero Surges Past Key Resistance Level to Hit $470 Amid Privacy Coin Boom

Privacy goes premium—Monero just bulldozed through critical resistance, surging past $470 as regulators scramble to keep up.

Why it matters: While Wall Street still debates CBDCs, privacy coins are quietly eating the competition. No gatekeepers, no apologies—just uncensorable value transfer at scale.

The irony? Banks now lobbying against 'anonymous' crypto transactions still can't trace half their own offshore flows. But sure, blame the blockchain.

TLDR

  • Monero surged 365% from 2024 low, hitting $470 after breaking $428 resistance.
  • Zcash’s 11.53% rally boosted Monero’s demand in the growing privacy coin market.
  • Monero’s futures open interest rises to $68M, signaling bullish market sentiment.
  • Monero’s community optimism grows as privacy coins gain prominence in 2025.

Monero (XMR) has surged past its key resistance level at $428, reaching $470 in a move that marks the highest price for the coin since May 2021. This sharp rise is fueled by the growing demand for privacy coins, sparked by the remarkable rally of Zcash (ZEC). As privacy-oriented tokens gain traction in the 2025 bull market, Monero has been riding the wave, showing strong bullish momentum.

Monero Breaks Resistance, Hits $470

Monero’s recent rally is a clear indication of bullish strength in the market. After breaking through the $428 resistance level, the coin soared to $470, which represents a 365% increase from its 2024 low. This movement follows the trend reversal from the previous bearish phase, which had been characterized by a double-top pattern. The breakout suggests a strong buying interest in the token, with market participants showing confidence in its future price action.

The surge is in line with the growing popularity of privacy coins, particularly after the impressive performance of Zcash. Zcash’s rally in October 2025, which saw it rise from below $50 to above $600, helped to bring attention back to privacy coins like Monero, Decred, and Dash. As these tokens have gained more recognition, privacy has become an increasingly important factor for investors in the crypto space.

Zcash Rally Boosts Privacy Coin Demand

The recent surge of Zcash has significantly impacted the overall demand for privacy coins. Zcash’s 11.53% price jump in just 24 hours played a critical role in shifting attention to privacy-focused cryptocurrencies. The coin’s market capitalization has now surpassed $10 billion, highlighting the strong investor interest in tokens that prioritize user privacy.

This rally has had a direct effect on Monero’s price. As Zcash continues to make headlines, Monero benefits from the increased spotlight on privacy coins. Investors seeking alternatives that offer enhanced privacy features are more likely to turn to Monero, which has long been regarded as one of the leading privacy-centric tokens in the market.

Rising Futures Open Interest Signals Bullish Sentiment

Monero’s price surge is also reflected in the futures market, where the open interest in Monero futures has grown substantially. The total open interest now stands at $68 million, marking an increase of $10 million. This rise indicates a surge in speculative activity and reflects growing confidence among traders that the current upward momentum will continue.

Short interest in Monero futures is currently at $1.9 million, with funding rates hitting a peak for the month. These factors suggest that traders are anticipating further gains in Monero’s price, particularly as the market reacts to the success of privacy coins like Zcash. Analysts are closely watching the $500 price level as the next major target for Monero.

Community Optimism Amid Exchange Limitations

The Monero community has expressed Optimism about the coin’s recent surge, with many users celebrating the breakout above the key resistance level. A post on social media stated, “It is amazing that Monero is overcoming this resistance! This would pave way to further crypto profits.”

Despite the positive price action, Monero still faces some challenges, particularly with its listing on major exchanges. Due to its privacy features, Monero has been delisted from some exchanges, limiting its exposure. However, the success of Zcash may encourage exchanges to reconsider the status of privacy coins in the future. If Monero is reintroduced to larger platforms, it could see even more significant gains.

Analysts are hopeful that Monero’s rise could trigger a domino effect, causing other privacy-focused coins to follow suit. With a growing market interest in these tokens, the momentum in Monero is expected to continue, provided the coin holds above its current support levels.

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