Overview
- XMR climbed about 9% in 24 hours to $378, the highest price since June.
- The trend shows higher lows with $338 reclaimed as primary support and $420 identified as the next resistance.
- Derivatives data show roughly $391,000 in short positions were liquidated over the past day as the breakout accelerated.
- Reported 24-hour trading volume rose 19% to about $265 million, lifting market value to $6.72 billion and rank 21 on CoinMarketCap.
- Momentum gauges, including an RSI near 64 and a bullish MACD, leave $400 in play and could expose the 2021 high near $517 if strength persists.