As top cryptocurrencies struggle amid widespread sell-off, Monero (XMR) is among coins seeing a decent uptick.
While Bitcoin hovers below $103,000 and most altcoins are bleeding red, XMR is up 9% in 24 hours on swelling volume.
The catalyst? A resurgent privacy coin sector that has seen Zcash explode amid gains for Dash and Decred, among others.
The privacy coin has gained by more than 9% in the past 24 hours to hit levels not seen since early June.
Indeed, XMR traded at highs of $378 on November 5, 2025, having jumped from lows of $326.
Monero is now up 128% in the past year, lagging Zcash at 1,120% but notably outpacing Ethereum’s 36% and Bitcoin’s 49%.
The latest XMR price breakout began in Asian hours on Tuesday when XMR punched through the $337-$346 congestion zone that had capped rallies since June.
Buyers stepped in aggressively at the 50-day EMA above $302 on Oct. 21, turning what looked like a retest into a key support level.
After Monero bulls cleared $350, the rally to $378 was on. This triggered a cascade of short squeezes on perpetual futures platforms, with more than $391,000 in leveraged positions liquidated in the past 24 hours.
Meanwhile, the token’s 24-hour volume spiked 19% to $265 million.
The move has lifted XMR’s market cap to $6.72 billion, ranking it 21st on CoinMarketCap.
Technically, the daily chart is screaming continuation. XMR has printed a textbook high at $339 and is now challenging the 0.786 Fibonacci retracement level of the May-August swing at $378.
A decisive close above that level will bring $400 into play and expose the 2021 cycle high of $517.
The daily chart also shows that momentum oscillators are largely bullish.
On the above chart, we can see the daily RSI at 64. While its near the overbought line, its not yet into the territory and could rise further before it hits 70.
Elsewhere, the MACD has the histogram positive and expanding histogram following a bullish crossover.
The signal-line crossover offers early confirmation and any potential catalyst could help XMR price through the $400 psychological barrier.
On a long term outlook, Monero is tracing the same pattern that preceded its 2021 parabolic leg: a multi-month base then breakout.
With privacy coins back in the limelight and Monero having survived bearish scenarios before, it looks like the current momentum allows bulls to aim for the ATH and beyond.
However, analysts say crypto could see some choppy trading in the coming months.
The post Monero (XMR) jumps to 5-month high as privacy coins lead surprise market rally appeared first on CoinJournal.
Privacy-focused cryptocurrencies, such as Monero, are roaring back, with the total market capitalization of these coins surpassing the $62 billion mark for the first time since 2021.
Leading the charge are Dash (DASH) and Zcash (ZEC), which have soared 75% and 21%, respectively, in the past 24 hours, according to CoinGecko. Their weekly gains of over 200% for Dash and 45% for Zcash reflect the sector’s renewed momentum even as Bitcoin slipped below $105,000.
Data from Artemis reveals that privacy coins have outperformed the broader crypto market, delivering nearly 80% monthly returns, while Bitcoin and Ethereum struggled amid a broader market correction. Analysts attribute this surge to a rising preference for transactional anonymity and self-custody.
With Dash and Zcash dominating headlines, attention is now shifting to Monero (XMR), which has long been regarded as the gold standard for privacy in the crypto space.
Monero rebounded from its $339 support level, triggering buy orders and renewed interest from both retail traders and privacy advocates. Currently priced around $346.56, XMR is up 1.48% daily with trading volume surging 38% to $230.96 million, signaling strong buyer conviction.
Technical indicators paint a cautiously bullish picture: the RSI at 59.7 suggests healthy momentum, while a positive MACD histogram (+1.53) supports a potential move toward the $361 resistance level.
Analysts warn, however, that a break below $339 could expose the coin to downside risk near $320. Sustained volume above $226 million is seen as key to validating any breakout attempt.
The revival of privacy coins signals a deeper narrative shift within the cryptocurrency ecosystem. As compliance frameworks become stricter, investors appear to be rediscovering the core ethos of decentralization and privacy.
Monero’s stability in network essentials, such as rising hashrate and shielded transaction adoption, cements its position as a frontrunner in this comeback story. Industry analysts suggest that if current momentum continues, Monero could reclaim its dominance and push the privacy sector’s valuation even higher.
In a market dominated by regulation and surveillance, privacy coins like Monero, Zcash, and Dash are demonstrating that financial anonymity remains a need in the blockchain future.
Cover image from ChatGPT, XMRUSD chart from Tradingview
As top coins slip to or below key levels, Decred (DCR) and a few others have bucked the trend with notable spikes.
The widespread cryptocurrency market slump has seen Bitcoin, Ethereum, and XRP fall sharply, yet Decred is soaring to heights not witnessed since 2021. All this comes as Zcash and Dash stand out amid the ongoing resurgence of privacy-focused assets.
Decred’s price exploded more than 150% in 24 hours to touch a four-year peak above $65, with this coming amid a broader crypto downturn.
The breakout follows bulls decisively breaching the resistance of a long-term falling wedge, with $40 a key level that allowed DCR to hit highs of $65.78. While the pattern remains in place on the longer term time frame, a little paring of gains has Decred price near $40 and risking profit taking flip.
What fueled the early Tuesday surge was a staggering increase in trading volume, which skyrocketed over 1,100% to over $172 million. It offered a glimpse of the sharp buyer interest in the coin as privacy coins see traction.
Decred’s gains mirrored a broader revival in the privacy coin sector, where Zcash (ZEC) and Dash (DASH) have recently defied bears. In October, Zcash and Dash both rose to key levels, the ZEC spike seeing the altcoin hit 7-year highs.
While Zcash has been the frontrunner in this pack, privacy coins such as DASH, Railgun, Horizon, Tornado Cash, and Verge have notched gains.
What privacy coins’ collective rally speaks to is a market rotation, with assets offering financial anonymity and robust fundamentals attractive.
In this case, Decred stands out for its hybrid proof-of-work and proof-of-stake model, which emphasizes decentralized governance and enhanced security.
The project recently highlighted its privacy credentials, noting non-custodial peer-to-peer mixing with post-quantum encryption. Users can mix coins while staking for untraceable histories and anonymous governance.
Also key is DCR’s finite 21 million coin cap, pointing to a potential supply shock as holdings on exchanges like Binance continue to decline.
Analyst Captain Faibik pointed to a potential spike in DCR price.
Don’t forget about $DCR 👀
It’s quietly setting up for a Strong move so keep it on your radar! 🚀#Crypto #DCR #DCRUSDT pic.twitter.com/cd5gdWdm2L
— Captain Faibik 🐺 (@CryptoFaibik) November 3, 2025
While currently trading at $40.24, Decred still has potential for strong upward momentum.
However, bulls have to show they are firmly in control by maintaining support above the $40 level. This could pave the way for further gains, potentially targeting $70 or beyond. Bulls hitting $65 means a fresh rally could bring $100 into play.
On the flipside, $32 and $25 could be key demand reload zones.
The post Decred defies market downtrend, jumps to 4-year high: analysts see path to $100 appeared first on CoinJournal.
The Zcash price has defied the broader crypto market downturn, soaring to new heights and capturing global attention.
The ZEC price just surged to an eight-year high, marking one of the strongest rallies among major privacy coins this year.
With growing investor interest, celebrity endorsements, and accelerating adoption of privacy technologies, Zcash has reemerged as a powerful force in the cryptocurrency market.
Zcash (ZEC) has skyrocketed 89% over the past two weeks, hitting a new all-time high (ATH) of $388 and flipping Monero (XMR) to become the most valuable privacy-focused cryptocurrency.
At a market capitalisation of around $6.2 billion, Zcash now stands as the leading altcoin in the privacy sector.
Notably, the surge in the ZEC price reflects a wave of renewed demand for privacy coins amid rising global concerns about data surveillance and financial transparency.
Over 4.5 million ZEC, roughly 28% of the total supply, are now held in shielded addresses using Zcash’s zk-SNARK privacy protocol.
This milestone marks the highest level of private holdings since 2021, signalling increased trust and usage of ZEC’s privacy technology.
Shielded coins tend to remain off exchanges longer, reducing liquid supply and adding upward pressure to the Zcash price.
Besides the privacy coins demand, a significant percentage of the excitement surrounding the ZEC token can also be traced to high-profile endorsements.
Renowned investor Naval Ravikant described Zcash as “insurance against Bitcoin” in early October, triggering a massive 60% daily price jump.
Soon after, Helius co-founder Mert Mumtaz floated a $1,000 target, while BitMEX co-founder Arthur Hayes predicted that the ZEC price could rise to $10,000.
Each endorsement fueled further gains and drew new investors to the privacy coin sector.
The rally has also been amplified by an influx of short liquidations.
In the past two weeks alone, ZEC futures recorded approximately $65 million in liquidations — more than half from short positions.
This created a classic short squeeze, forcing bearish traders to close positions as prices climbed higher.
Retail investors followed suit, with Google search trends for “Zcash” spiking in late October as fear of missing out (FOMO) took hold.
The feedback loop between short liquidations and rising retail demand has propelled the ZEC token into one of the most dramatic recoveries of 2025.
From a technical perspective, Zcash remains in a strong position but faces short-term risks.
The ZEC price trades well above its 7-day simple moving average of $332.01 and its 200-day exponential moving average near $96.68.
Indicators such as the Relative Strength Index (RSI) and MACD point to strong bullish momentum, though both are approaching overbought levels.
The current $370–$400 zone represents a critical resistance area, and a sustained breakout could set the stage for a move toward $450.
However, chart analysts have identified a rising wedge pattern — typically a precursor to corrections — that could lead to a 30% pullback toward the $260–$270 support range if momentum weakens.
The immediate support level to watch is $304.32, according to CoinLore’s analysis, which, if breached, could lead to a further decline to the next support level at $296.96, and further to the $260–$270 support range.
But despite these technical warning signs, market sentiment remains overwhelmingly positive.
Zcash’s +900% year-to-date rally demonstrates deep investor conviction and a structural shift in the market’s perception of privacy coins.
While whales have taken partial profits, on-chain data shows that the number of ZEC holders has surged by more than 60% in the past week, underscoring continued retail participation.
The post Zcash price hits new all-time high: how high can the ZEC price climb? appeared first on CoinJournal.
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