Monero (XMR) is trading at $408.83, showing strong bullish momentum and increased investor demand.
Technical indicators suggest caution due to overbought market conditions, with price forecasts for 2025 varying widely.
Industry analysts note Monero's bullish trend and price discovery mode above $400, but there are signals of overextension in momentum indicators.
Trading strategies advise caution, with major support at $398 and resistance around $410, while 2025 price forecasts range from bullish to conservative due to market volatility.