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  • Monero has made a stunning comeback, climbing 60% in just 30 days. As it breaks out of a long-term pattern and tracks closely with Bitcoin, XMR might be gearing up for an even bigger move.

    What’s Powering Monero’s Surge?

    XMR broke out of a long-term triangle pattern, reaching levels not seen since May 2021.

    The price hit $346.90, rising 60% in a month, and now ranks in the top 25 crypto assets.

    A bullish MACD crossover signals positive momentum — similar to what happened before its last all-time high.

    $330 million worth of Bitcoin was recently swapped for XMR, driving new demand.

    XMR has a strong price correlation with Bitcoin (0.83), meaning BTC movements directly impact its direction.

    The 50-day EMA has crossed above the 200-day EMA, a bullish signal traders often look for.

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    Monero’s rally could be just the beginning — especially if Bitcoin pushes higher. But if BTC cools off, XMR might struggle. For now, momentum and market sentiment favor bulls eyeing the $500 mark.
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