{"id":153003,"date":"2026-10-22T13:32:56","date_gmt":"2026-10-22T13:32:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=153003"},"modified":"2026-10-22T13:32:56","modified_gmt":"2026-10-22T13:32:56","slug":"monero-xmr-soars-20-weekly-can-it-repeat-zecs-explosion","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=153003","title":{"rendered":"Monero (XMR) Soars 20% Weekly: Can It Repeat ZEC\u2019s Explosion?"},"content":{"rendered":"
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While the broader cryptocurrency market has headed south today (October 22), the privacy coin XMR has extended its impressive rally. It currently trades just below $650, up 20% weekly and at its highest level since January.<\/p>\n

Analysts are optimistic the uptrend is far from over, with some anticipating the asset will hit a new all-time high soon.<\/p>\n

How Much More?<\/h2>\n

XMR\u2019s latest pump was likely fueled by an announcement coming from Monero. The team revealed<\/a> on X that GUI v0.18.5.4 \u2018Fluorine Fermi\u2019 has been released. In a more detailed disclosure, it said<\/a> the highlights of this minor upgrade include reopening testnet and stagenet wallets, along with bug fixes.<\/p>\n

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\u201cThis release was the direct result of 2 people who worked to put out 8 commits containing 38 new lines of code. We\u2019d like to thank them very much for their time and effort. In no particular order, they are: selsta and tobtoht,\u201d the team added.<\/p>\n<\/blockquote>\n

Optimism is now running high, with numerous market observers calling for further gains. X user Sweep predicted<\/a> that XMR will reach a new historical peak and possibly hit $1,000 in the coming months.<\/p>\n

Shortly after, he applauded<\/a> the asset for having \u201cthe best-looking chart right now.\u201d He also reminded his followers of ZEC\u2019s major rally earlier this year, suggesting XMR could repeat the pattern.<\/p>\n

Alaoui Capital also issued a bullish forecast. The analyst identified<\/a> a potential multi-year cup-and-handle structure on the token\u2019s chart and claimed it could be on the verge of an ascent toward $1,000.<\/p>\n

For his part, Crypto With Gopal argued that the privacy coin is breaking out of a rectangle pattern, with bulls pushing above the $630-$640 resistance zone after weeks of consolidation between $520 support and resistance.<\/p>\n

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\u201cMomentum is heating up as buyers attempt to take control! <\/span> A confirmed breakout could open the door toward $750. <\/span>Watch for a successful retest to confirm strength. Bullish momentum is surging \u2013 breakout watch is ON,\u201d he concluded.<\/span><\/p>\n<\/blockquote>\n

The Bearish Signals<\/h2>\n

Despite the overall expectations of a further rally, XMR\u2019s exchange netflow serves as a warning that a cool-off may be on the way. According to CoinGlass, inflows have surpassed outflows over the past several days, suggesting investors have shifted from self-custody to centralized platforms, increasing immediate selling pressure.<\/p>\n

\"XMR<\/a>
XMR Exchange Netflow, Source: CoinGlass<\/figcaption><\/figure>\n

Meanwhile, XMR\u2019s Relative Strength Index (RSI) has risen to almost 70. This means the asset is nearing overbought territory, which is typically seen as a pre-correction signal.<\/p>\n

\"XMR<\/a>
XMR RSI, Source: RSI Hunter<\/figcaption><\/figure>\n

In addition, Dr Profit recently cautioned <\/a>that XMR\u2019s open interest has reached a historic high and noted that the last time the OI jumped this much, the price crashed 66% in just 20 days.<\/p>\n

It is important to mention that Santiment rejected<\/a> that claim. According to the analytics platform, OI closed October 20 at around $198 million, marking the fifth-highest daily close of the past year.<\/p>\n

The post Monero (XMR) Soars 20% Weekly: Can It Repeat ZEC\u2019s Explosion?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

While the broader cryptocurrency market has headed south today (October 22), the privacy coin XMR has extended its impressive rally. It currently trades just below $650, up 20% weekly and at its highest level since January. Analysts are optimistic the uptrend is far from over, with some anticipating the asset will hit a new all-time […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-153003","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/153003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=153003"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/153003\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=153003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=153003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=153003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}