Monero’s XMR-BTC Pair Screams Bullish Breakout—Privacy Coin Leaves Traders Playing Catch-Up

Monero’s chart just flipped the script—what was creeping gains now looks like a full-blown acceleration. The XMR-BTC pairing’s technicals scream one thing: institutional ’privacy concerns’ are suddenly very profitable.

Forget whispers about ’hedging’—this is capital fleeing surveillance chains. And yes, that includes your beloved ETFs.

When even Bitcoin maximalists start side-eyeing XMR’s rally, you know the game’s changed. Just don’t expect Wall Street to admit they’re buying—some things still need deniability.

The ratio carved out two troughs at around 0.00165 early this year and recently broke above the neckline resistance, indicating a double-bottom bullish reversal.

In other words, XMR has likely begun a new bull run relative to bitcoin. The pair’s move above the Ichimoku cloud also suggests the same. The bullish outlook risks invalidation in case of a renewed dip below the double top support (former resistance).

Monero has surged 86% this year, outperforming Bitcoin’s 12% rise by a significant margin, according to CoinDesk data.