From Coinpedia · By Yash Jain
Story HighlightsXMR is consolidating around $600, with $580–$600 marked as local demand.
A sustained reclaim above $640–$660 could strengthen the bullish structure.
The chart marks $700–$720 and $760–$800 as higher resistance and target zones.
Monero is holding around $600, but the next move depends on buyers defending a fairly specific zone. The current XMR price prediction points toward $800, although the chart still has plenty of resistance to clear first.
Advertisement XMR Needs Buyers To Defend Its Current Support
The immediate area to watch sits between $580 and $600. If demand holds there, Monero could establish a higher low and maintain its rising structure.
That would give bulls a base to work from. But a support test isn’t a confirmed reversal, and the chart makes that distinction clear.
A daily move below $580 would weaken the local bullish setup. In that case, attention shifts toward deeper support between $540 and $560.
Resistance At $660 Could Change The Setup
The first major hurdle is the $640–$660 region. A bullish break of structure is marked above approximately $660, while a local change-of-character trigger sits above $640.
A sustained daily reclaim, followed by a controlled retest, would strengthen the recovery case. Without that confirmation, talk of higher targets remains speculation.
If buyers clear the first resistance area, the next supply zone sits between $700 and $720. Above that, $760–$800 becomes the upper target area.
XMR Price Prediction: The $800 Target Still Needs Several Breakouts
The XMR chart outlines a possible move from roughly $603.81 toward $800. That’s an upside scenario, not a guaranteed destination. Each reclaimed level needs to hold as support before the next advance looks convincing.
For now, the XMR price prediction rests on the $580–$600 demand zone and a potential push above $660. Lose $580, and the bullish setup weakens. Reclaim resistance and hold the retest, and $800 stays in view.
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