Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Monero price jumps 12%, testing key resistance amid rising privacy demand and strong futures activity

Market News
12 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

Monero (XMR) surged nearly 12% in 24 hours, outperforming Bitcoin and major altcoins, as renewed interest in privacy coins boosts its appeal. The price is testing a critical resistance zone between $390 and $410, with a daily close above this range potentially signaling a stronger breakout. Increased futures volume and open interest indicate traders are actively positioning for further gains. Factors driving the rally include growing demand for privacy, optimism around upcoming Monero upgrades, and weakness in competitor Zcash, making Monero a leading privacy-focused crypto asset in a weak market environment.

More News (XMR)

Bitcoin nears key support as ETF demand weakens; VELVET token surges amid sell-the-news risk.

Bitcoin nears key support as ETF demand weakens; VELVET token surges amid sell-the-news risk.

Bitcoin is trading near $63,000 after a dip to $59,000, close to its realized price support of $53,600, with demand dropping sharply, especially from spot ETFs. Institutional buying pressure is waning, and investors have realized significant losses r...

Market News
Neutral
17 hours ago
Tether freezes $72M USDT on Tron after wallet linked to Monero surge is blacklisted

Tether freezes $72M USDT on Tron after wallet linked to Monero surge is blacklisted

Tether froze over $72 million USDT on the Tron network after an on-chain investigator linked a large wallet to significant Monero (XMR) buying and a sharp price spike from $330 to $420. The wallet moved $120 million USDT across multiple exchanges and...

Market News
Neutral
19 hours ago
Bitcoin and Ethereum face key technical tests near $63K and $1,660 as traders prepare for weekend volatility.

Bitcoin and Ethereum face key technical tests near $63K and $1,660 as traders prepare for weekend volatility.

Bitcoin trades near $63,021 and Ethereum at $1,660 as traders focus on support, resistance, and the 200-day moving average this weekend. Bitcoin dominance stands at 56.3%, influencing cautious position management amid lower weekend liquidity. Market ...

Technical Signals
Neutral
20 hours ago
Velvet crypto soars nearly 100%, leading gains amid rising interest in privacy tech.

Velvet crypto soars nearly 100%, leading gains amid rising interest in privacy tech.

Velvet (VELVET) surged 99.93% to $1.79, pushing its market cap to $744.21 million, driven by growing interest in blockchain privacy solutions. Other notable gainers include Monero (XMR) up 25.65%, LAB rising 18.45%, and Audiera (BEAT) climbing 16.98%...

Market News
Bullish
1 day ago
Monero (XMR) jumps 17% after Bitcoin holds $60K, eyeing 33% gain to $391 resistance

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

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 Bi...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App