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

Monero’s chart isn’t whispering—it’s shouting. The XMR-BTC pairing just triggered a technical breakout that historically precedes parabolic runs. Forget ’steady gains’—this is the kind of move that turns cautious HODLers into meme-spamming degenerates overnight.

Privacy meets momentum: While regulators hyperventilate over transparent ledgers, Monero’s obfuscation tech suddenly looks less like a darknet liability and more like a premium feature. The irony? Institutional money might FOMO into the one crypto they can’t actually track.

Warning label: If history rhymes, this rally could make Bitcoin’s recent ATH look like a warm-up act. Then again, crypto’s version of ’history’ is just last Tuesday with a different hashtag.

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.