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Monero's chart pattern resembles silver's before a big price rise, hinting at a potential large move ahead.

Technical Signals
21 Oct 2026
Tokenpost
View Source
Bullish
Monero's chart pattern resembles silver's before a big price rise, hinting at a potential large move ahead.

Trader Peter Brandt compared Monero's (XMR) monthly chart to silver's chart before silver surged to $125, suggesting Monero could be poised for a significant price move. After a long consolidation, Monero repeatedly tested resistance between $500 and $600, with its moving averages strengthening. Brandt emphasized the similarity in chart shapes rather than setting a price target for Monero. This comparison highlights Monero as a favored altcoin chart, despite Brandt not relying on its fundamental story for analysis.

Monero (XMR) is trading at Rp1.934.530 on Pluang as of Oct 21, 2026 23:21 WIB, showing a 2.41% increase in the last day. The coin holds a market cap of Rp35,12 trillion with a 24-hour trading volume of Rp937,45 million. Typical holding time for Monero on Pluang is 32 days, indicating moderate investor engagement.

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