The post Peter Brandt Hints That Monero’s Price Could Explode Like Silver appeared on BitcoinEthereumNews.com. Monero (XMR) has officially set a new all-time highThe post Peter Brandt Hints That Monero’s Price Could Explode Like Silver appeared on BitcoinEthereumNews.com. Monero (XMR) has officially set a new all-time high

Peter Brandt Hints That Monero’s Price Could Explode Like Silver

Monero (XMR) has officially set a new all-time high after reaching $598. Its market capitalization has also crossed $10 billion for the first time. Many analysts remain bullish and believe the move has only just begun.

Veteran trader Peter Brandt has added to the optimism by comparing XMR’s price behavior to silver.

Sponsored

Sponsored

Could Monero Become the “Silver” of the Crypto Market?

On January 12, price data from BeInCrypto showed that Monero (XMR) had surged more than 30% since the previous Saturday. It was trading above $585 with a market capitalization exceeding $10.7 billion.

Monero (XMR) Price Performance. Source: BeInCrypto

Trading volume also climbed above $300 million. That was the highest level in the past month. The move pushed XMR above the previous cycle high of $515. Analysts believe the rally could continue.

Peter Brandt has compared XMR’s price action to silver’s historical breakout. He examined XMR on the monthly chart and silver on the quarterly chart.

Both showed two major peaks in the past that formed a long-term resistance trendline. Silver later broke above that trendline and printed a powerful “god candle.”

Sponsored

Sponsored

As usual, Brandt did not provide a specific price target for XMR. However, the comparison suggests that a similar god candle could appear on XMR’s monthly chart if it breaks its trendline.

XMR dominance has also climbed to its highest level since 2023. This metric measures XMR’s share of total crypto market capitalization.

XMR Price and XMR Dominance.Source: TradingView

The price has reached an all-time high while dominance remains relatively low. This combination signals further upside potential. It suggests that capital could rotate from other altcoins into XMR.

Monero Could Gain Attention Amid Geopolitical Tensions

Monero has several reasons to outperform in 2026. A recent BeInCrypto report highlighted at least three drivers. They include rising demand for privacy as tax enforcement becomes tighter and shifting investor confidence following the Zcash team’s disappointment with its holders.

Geopolitical tensions could add another powerful tailwind.

Tether recently froze more than $182 million in USDT across five Tron wallets linked to illicit finance. A report from TRM Labs stated that Tron-based USDT had been used in funding flows tied to Iran’s Islamic Revolutionary Guard Corps (IRGC). More than $1 billion moved through companies registered in the United Kingdom.

Iran has also used more than $2 billion in crypto to fund proxy militias and bypass sanctions.

When stablecoins and non-private altcoins can be tracked and frozen, capital tends to seek safer routes. In that environment, Monero is likely to become a preferred option.

Source: https://beincrypto.com/xmr-could-print-a-god-candle-like-silver/

Market Opportunity
Wink Logo
Wink Price(LIKE)
$0.002589
$0.002589$0.002589
+0.30%
USD
Wink (LIKE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

SOL Faces Pressure, DOT Climbs 2.3%, While BullZilla Presale Rockets Past $460K as the Top New Crypto to Join Now

SOL Faces Pressure, DOT Climbs 2.3%, While BullZilla Presale Rockets Past $460K as the Top New Crypto to Join Now

What if the next meme coin wasn’t just about culture but also structure? It’s the question many investors ask as meme coin volatility rises. Communities demand more than hype, and the search for the Top New cryptos to join now is heating up. In the past 24 hours, Solana fell 0.75% to $236.52 while Polkadot […] Continue Reading: SOL Faces Pressure, DOT Climbs 2.3%, While BullZilla Presale Rockets Past $460K as the Top New Crypto to Join Now
Share
Coinstats2025/09/18 05:15
Santander’s Openbank Sparks Crypto Frenzy in Germany

Santander’s Openbank Sparks Crypto Frenzy in Germany

 In Germany, the digital bank Santander Openbank introduces trading in crypto, which offers BTC, ETH, LTC, POL, and ADA in the MiCA framework of the EU. Santander, the largest bank in Spain, has officially introduced cryptocurrency trading to its clients in Germany, using its digital division, Openbank.  With this new service, users can purchase, sell, […] The post Santander’s Openbank Sparks Crypto Frenzy in Germany appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/09/18 04:30
Pepeto Attracts Capital As Early Shiba Inu And Pepe Investors Hunt Big Gains And The Next 100x Story

Pepeto Attracts Capital As Early Shiba Inu And Pepe Investors Hunt Big Gains And The Next 100x Story

The post Pepeto Attracts Capital As Early Shiba Inu And Pepe Investors Hunt Big Gains And The Next 100x Story appeared first on Coinpedia Fintech News Early Shiba Inu and PEPE stories are legendary. Some first movers turned $1,000 into well over $1,000,000 as SHIB ran more than 26,000% in 2021, while PEPE delivered multi-thousand % bursts for the earliest entries. After riding those arcs, many of those holders are hunting the next big move, shifting from SHIB to PEPE and …
Share
CoinPedia2025/09/18 19:02