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Monero price jumps over 12% to near $650 on rising volume and futures activity

Technical Signals
22 Oct 2026
Crypto news
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Bullish
Monero price jumps over 12% to near $650 on rising volume and futures activity

Monero's price surged more than 12% on October 22, reaching around $648 as trading volume increased nearly 40% to $251.1 million. The privacy-focused cryptocurrency broke through a key resistance zone between $600 and $620, pushing toward the next resistance near $650. This rally was supported by renewed futures market interest, with open interest reaching $198 million and outstanding contracts rising 22% over five days. While no major announcements triggered the move, ongoing development updates and growing interest in privacy coins have contributed to positive momentum. Traders will watch if Monero can sustain above $650 to confirm further gains or risk pulling back to support levels around $620 and $600.

Monero (XMR) is trading at Rp1.934.530 on Pluang as of Oct 22, 2026 16:21 WIB, showing a more moderate 1-day gain of 2.41% compared to the 12% surge noted in the article. Its 24-hour trading volume on Pluang is Rp937,45 million, which contrasts with the article's reported $251.1 million volume, highlighting different market scales. The typical hold time for XMR on Pluang is 32 days, indicating a relatively longer-term interest among investors on the platform.

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