Monero rallies over 30%, eyeing $435 short-term target amid growing privacy coin interest

Monero (XMR) has surged 30.51% since early April, breaking local highs and showing strong bullish momentum alongside other privacy coins like ZCash and Dash. After a deep retracement in February, Monero's price has recovered well, supported by positive market sentiment and technical indicators such as RSI and CMF signaling steady capital inflows. The rally is expected to continue, with short-term targets at $417 and $435, and potential to reach $500 or even its all-time high near $799 if demand sustains into 2026. This suggests renewed investor interest in privacy-focused cryptocurrencies.