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Monero (XMR) jumps 17% after Bitcoin holds $60K, eyeing 33% gain to $391 resistance

Market News
11 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

Monero (XMR) has rebounded 17% this week following Bitcoin's defense of the $60,000 support level, easing recent market losses. The recovery may continue toward the 200-day moving average at $391, potentially increasing gains to 33%, especially if Bitcoin remains above $60K. A short squeeze around $340 also helped lift XMR prices. However, further Bitcoin declines could trigger a deeper correction in Monero. Investors should watch $391 as a key resistance point for the ongoing rally.

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