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Monero is starting to look interesting again, especially from a technical point of view. After months of grinding higher, the XMR price is now sitting just below some major resistance levels that haven’t been touched in years. 

While a lot of the market still feels uncertain, the Monero price action looks calm and controlled. That kind of setup usually gets traders paying attention.

Trader Ardi recently shared that he’s been scaling into Monero longs after the XMR price pulled back into what looks like a healthy retest zone. 

So far, that area is holding up well. The price isn’t breaking down or showing signs of panic, which is often a good sign after a strong move higher.

Instead of sharp sell-offs, the XMR price has been consolidating just under resistance. That indicates sellers aren’t overwhelming the market. As long as this support zone stays intact, the broader uptrend still looks solid.

Looking at the chart, Monero is also trading just below its 2021 all-time high at $522. Getting this close to such a major level already says a lot about the strength of the move. Markets rarely slice through levels like that on the first try, but being in this area at all is meaningful.

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At the same time, the next stretch is likely to be challenging. The area around the recent local high near $474 and the old all-time high at $522 is packed with potential selling pressure. A lot of long-term holders may see this as their chance to exit after waiting years.

Ardi is aware of that risk and has said the old supply zone could slow things down or even trigger a rejection. Still, he’s comfortable staying long as long as the current support holds. 

From a trading perspective, that makes sense. Trends usually break when support fails, not just because price runs into resistance. If buyers stay in control, a push toward the $474 level looks like the natural next step before the market seriously tests $522.

What stands out about Monero right now is how steady this move has been. The uptrend has formed through higher lows and consistent buying, not sudden spikes. That kind of structure often leads to more sustainable moves, even if they don’t feel exciting day to day.

The XMR price has also held up better than many altcoins during recent market pullbacks. That relative strength matters when traders start looking for assets that can keep their structure intact.

If Monero continues to hold this support zone, the path toward $474 remains open. From there, the big test would be the 2021 all-time high at $522. A rejection at that level wouldn’t be surprising, but even testing it would be a major moment for Monero.

For now, the setup remains constructive. Support is holding, the trend is still intact, and the market is watching closely to see whether Monero has enough momentum to challenge one of its most important price levels.

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The post Monero Price Prediction: Trader Eyes Break Above $XMR Local High appeared first on CaptainAltcoin.

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