• Golden cross indicators potential rise for Monero price.
• Monero (XMR) could hit $235, however volatility and governments cracking down on privateness cash pose an actual danger.
• XMR price should maintain above $200 and surge above $230 to aim reaching $235.

Since its launch in 2014, Monero (XMR) has carved a distinct segment by providing safe, untraceable transactions by superior cryptographic methods like ring signatures and stealth addresses.

Not like Bitcoin, the place transaction particulars are an open e book, Monero retains sender, receiver, and quantity below wraps, making it a go-to for individuals who worth monetary discretion.

XMR price types a golden cross on the hourly chart

Nevertheless, whereas the Monero blockchain is hailed for its privateness, its native token, XMR, has been on a curler coaster since hitting a excessive of $239.18 in February.

The privateness coin has been hitting decrease highs and decrease lows till April 7, 2025, when it hit a low of $185.60 on Kraken and began bouncing again up.

At press time on April 16, 2025, the Monero price had risen to round $219 after a golden cross on April 13, 2025.

The golden cross, a traditional bullish sign, occurs when a short-term shifting common, just like the 50-day, crosses over a long-term one, such because the 200-day.

Traditionally, this sample hints at upward momentum, and it’s obtained merchants eyeing potential features.

The price has since steadied, with resistance looming at $230 and $235, and assist holding at $200 and $193.

This technical setup suggests Monero price might be gearing up for a breakout, however the highway forward isn’t with out hurdles.

Monero price prediction

Monero’s privateness edge offers it a singular benefit as demand for safe transactions grows.

Rising cyber threats and a push for monetary autonomy may drive adoption, nudging its price upward.

On the flip facet, governments cracking down on privateness cash pose an actual danger.

Enhanced blockchain analytics may additionally chip away at Monero’s anonymity, although its tech stays a troublesome nut to crack.

These dynamics make its price trajectory a balancing act between innovation and exterior pressures.

After dipping to $165 earlier this yr and rallying sharply to round $219, Monero’s current price actions inform a narrative of restoration.

The golden cross has added gas to the hearth, reinforcing optimism amongst buyers, with most anticipating a surge previous $230 quite than a drop in direction of the $200 assist.

This optimism leans on technical indicators and a Concern & Greed Index displaying concern, which may flip right into a shopping for spree.

Nevertheless, extra cautious estimates peg Monero (XMR) between $185 and $279 by year-end, with Bitcoin’s efficiency, regulatory shifts, and rising demand for privateness in digital transactions enjoying a job in shaping these outlooks.

Previous efficiency additionally gives some clues. Again in 2017, Monero rocketed from $13.79 to $349.55 in a single yr, proving it’s able to large leaps.

However at the moment’s panorama is trickier, with tighter rules and rival privateness cash within the combine.

If Monero price holds above $200 and clears $230, $235 appears to be like believable, though the broader market tendencies could have the ultimate say.

The put up Monero price prediction: is XMR on the right track to $235 after the golden cross? appeared first on CoinJournal.