February 13 News, Monero (XMR) has shown clear signs of rebound after a deep correction. Over the past week, XMR’s price has increased by nearly 15%, reaching as high as $350, and is currently consolidating around $334. Technical indicators show that Monero is approaching a bullish MACD crossover, combined with a breakout signal, prompting the market to reassess its upward potential.
From the daily chart, the MACD line is approaching the signal line from below. Once a golden cross is confirmed, it often indicates that bullish momentum is regaining dominance. At the same time, the price has broken through the previous descending wedge pattern, which in history is often seen as a sign of trend reversal. The convergence of technical signals suggests a positive short-term outlook for Monero.
The key resistance level is around $375, which is a critical pivot zone for the Murray line. If this level is effectively broken, market sentiment could further strengthen, with the next potential target zone at $625, considered a strong reversal zone above. If the bulls continue their push, retesting the January high of $788 is also highly likely.
On the demand side, support is also evident. Data from crypto.news shows that Monero remained relatively stable after hitting a weekly high on February 12. Recently, global discussions on privacy protection have intensified, becoming an important reason for renewed attention to XMR. As the EU plans to impose stricter restrictions on anonymous accounts and privacy coins by 2027, and Dubai’s regulatory environment tightens simultaneously, some users are turning to Monero to maintain transaction privacy.
TRM Labs’ recent report indicates that about 48% of emerging dark web markets only support Monero, reflecting its unique position in the privacy payment space. Although this phenomenon is controversial, it objectively boosts on-chain demand for XMR.
Looking back at the trend, Monero’s market cap is currently about $6.1 billion. In mid-January, XMR rapidly surged to $788.50, then declined to a low of $284 amid the overall market correction. Chain liquidations triggered by Bitcoin falling below $75,000 also intensified volatility in the privacy coin sector.
Although the total market cap of privacy coins remains low, major projects including Monero, Zcash (ZEC), and Decred (DCR) have recently shown signs of recovery. With technical improvements and a rising risk-averse narrative, XMR is once again regaining a central position in market attention.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Exchange "Launch Curse" Investigation: Why do 89% of new coins ultimately become retail investor harvesting machines?
After being listed on Binance, most tokens faced severe losses, with an average retracement of 71% to 80%. Being listed is no longer seen as an investment opportunity but rather as an insider sell-off event. The main reasons include internal liquidity events, overvaluation, weak capital flows, and market saturation; only projects with real products and communities can survive in the future.
区块客2m ago
Li Hua Yi: The cryptocurrency market is in a bear market, and its performance over the past four years has been disappointing and lacking in disruptive innovation.
Gate News reported that on March 27, Yi Lihua published a post on platform X expressing his views on the current state of the cryptocurrency market. According to his perspective, the current cryptocurrency market is in a bear market and the war is not yet over, lacking significant rebounds. Yi Lihua stated that the performance of the cryptocurrency sector over the past four years has been disappointing, with the crypto middle class, retail investors, and VCs all being harvested, while exchanges, market makers, and project teams continue to extract funds. He pointed out that the current capital inflow in the market mainly comes from Wall Street ETFs, DAT, and a few believers, and that there has not yet been any disruptive innovation in the cryptocurrency sector.
GateNews39m ago
Oil & Metals Crush Hyperliquid Volume in 67% Domination!
The latest report highlights a major shift on Hyperliquid, where commodity-based perpetual contracts have emerged as a dominant trading segment. These instruments allow traders to gain exposure to assets like oil and metals without directly owning them. In Q1 2026, commodity perpetuals accounted
Coinfomania54m ago
When to Buy Bitcoin Next? Analyst Outlines Exact Entry Levels
Bitcoin dumped hard in early February, plunging to a 15-month low of $60,000. This meant that it had shed over 50% of its value since early October when it peaked at over $126,000.
Although it has recovered roughly 20% since that low and sits close to $72,000 now, there are still some analysts
CryptoPotato1h ago
Retail investors drive widespread bitcoin selling as prices fall
Glassnode's Accumulation Trend Score indicates widespread selling led by retail investors as Bitcoin dips below $67,000, primarily from those holding under 10 BTC, while larger entities hold back, showing neutral behavior.
CoinDesk1h ago
Bitcoin Undergoes Short-Term Pressure As Market Faces Fear
Bitcoin ($BTC) faces a 2.67% drop in the last 24 hours amid market fear, despite a 5.20% monthly gain. With a current price of $68,703.11, traders are closely monitoring for potential shifts in the near term.
BlockChainReporter1h ago
