2026-01-12 03:26:46

XMR today surged all the way, with a single-day increase of 21.17%, and the price settled at 578.99 USDT. Even crazier, it hit 599.89 USDT within 24 hours, just a breath away from the 600 USDT mark.

Looking at the daily chart makes it clear: the MA7, MA25, and MA99 moving averages are neatly aligned in a bullish formation, forming a textbook-style ascending channel. Flip through the past 90 days, the increase is 84.93%, and the annual growth rate has doubled to 191.13%—this wave is indeed solid in terms of endurance. The 24-hour trading volume exceeded 313 million USDT, with over 570,000 coins traded, indicating significant capital inflow.

With such market heat, there’s definitely something behind it. The privacy coin sector has been gaining attention recently, and changing regulatory conditions have clearly increased demand for anonymous transactions. Plus, Monero’s own technical strength and community foundation have always been solid, so this upward trend isn’t surprising.

Of course, at the 599.89 USDT level, there’s definitely considerable selling pressure, and after a short-term spike, a pullback risk should be watched. But on the other hand, the logic of the privacy coin sector remains intact, and as the leader, XMR still has quite a lot of potential moving forward. What do you think, can XMR hold steady at 600?

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GateUser-bd883c58

· 6h ago

At the critical point of 600, I bet it can break through. This wave of privacy coins is not fake.

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SmartContractRebel

· 6h ago

Is the 600 barrier really that difficult? It just feels like the final step away.

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WalletDoomsDay

· 6h ago

Whoa, it's over 600? This wave of privacy coins is really taking off!

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retroactive_airdrop

· 6h ago

Ha, 600 is just around the corner. This time, it really feels different.

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GateUser-cff9c776

· 6h ago

Honestly, this wave of the market is like Schrödinger's bull market. Whether the 600 level can be broken depends on the subsequent selling pressure. According to the supply and demand curve, the narrative logic for privacy coins is indeed there, but don't be fooled by the moving averages; good technicals ≠ stability. If XMR can truly sustain this increase, it would be the most perfect value consensus in the current privacy sector. I suggest not being blinded by short-term volatility. To be honest, at the 599 level, large sell-off pressure is definitely preparing to dump, so short-term correction risk should be guarded against. But if the long-term logic still holds... I remain optimistic. This is a typical bubble period for artworks, but bubbles are also a perfect illustration of bear market philosophy, so I still choose to go all in. 600 dollars, just a breath away. A bit of urgency isn't a bad thing; after all, rapid gains often lead to sharp pullbacks. From Warren Buffett's valuation perspective, the logic behind XMR's recent surge is solid, but don’t ask me why I haven't bought in yet—it's a bit complicated.

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