The Monero (XMR) was shaking things after jumping 26% on the price on the previous day, now trading around $ 288.84. Even more amazing, its trading volume shoots 293%, showing that the interest is rapidly warming up. Many factors seem to be driving momentum, from a large protocol upgrade to long-term technical setup. Crypto observers such as Emmanuel G. and Mihir weighed what was behind the flow.
According to Emmanuel, EP159 upgrades of Monero and EP160 are approaching the launch of Mainnet. One of the biggest changes to come with Ep159 is that it could make Monero more “friendly-friendly” without sacrificing the privacy of it known. Thanks to the evidence of their own transactions, the exchanges can verify deposits without having to peek into the private information of users.
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I bet EP159 upgrading is the reason behind Monero's pump today.
TL; DR: $ Xmr Back to Binance and Coinbase, and the European Market as it is now compatible with MICA regulations.
Both EP159 and EP160 push to Mainnet as soon as possible. pic.twitter.com/ndtlcnloop
– Emmanuel G. (@e_goldstein_84) April 28, 2025
A visual shared next to the upgrade details shows how Ep159 could lower obstruction obstacles that keep the monero on the main platforms. If it works, Monero can see the way back to large exchanges such as Binance and Coinbase. However, this transition may make Monero compatible with European MICA's new MICA regulations, opening the door to a wider European audience.
The idea of seeing Monero listed in Major, the regulated exchanges give the community a lot of hope. It can especially boost Monero's existence in regions that are friendly to privacy such as Switzerland and parts of Asia, where demand for privacy coins has always remained stable.
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Monero Technical Setup Points toward Breakout
Top analyst Mihir has shared that the Monero Price has developed a massive triangle pattern for the last eight years. This technical structure, often associated with bullish results, shows a flat immunity around $ 470- $ 500 and a ongoing rising support line that comes from $ 2.
Historical price movements show Monero's attempt to break this resistance to the previous Bull runs in 2018 and 2021 but faces rejection. Current chart formations suggest that the XMR is close to the top of the triangle, increasing the likelihood of a breakout. If successful, the expected target price can approach $ 900- $ 1,000 based on the height of the triangle height.
Volume trends, although not fully available on the post -posted chart, usually ahead of the major breakouts on the upward triangle, making monitoring the current trading activity closely.
Monero (XMR) resilience against market pressure
Another factor adding to Monero's rally arises from its stability in the face of pressure regulation. Market analyst Monero Mavrick in X has pointed out that despite being listed in just one exchange in the United States and faced with previous challenges from regulatory bodies, Monero added $ 1 billion to market capitalization for 12 hours.
It shows that demand for privacy -focused cryptocurrencies remains stable even under tight market examination. Monero's ability to maintain growth among an aggressive regulatory environment improves its reputation as a prolonged property of privacy.
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Monero is in an exchange across the US due to regulators who are raising its existence
And after all the delistings, IRS Bounty and attacking, $ Xmr has added $ 1B to the market cap in less than 12 hours
It's a $ 100,000 coin, the real bitcoin pic.twitter.com/scvvmewaph
– Monero Mavrick (@Moneromavrick) April 28, 2025
The market outlook for Monero Price
As the EP160's EP159 and EP160 upgrade approach, the owner may see a broader acceptance of regulated platforms. Coupled with a strong foundation of technical and growing user support, the outlook for Monero remains stable in focusing on crypto entrepreneurs.
The combination of technical patterns, regulatory adaptation, and growing market resiliences painted a picture of the preparation of an asset For potentially greater re -integration of market and price of XMR Appreciation.
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