Prev Arrow Cryptocurrencies

Monero ($XMR) Crypto Forecast: Down 5.2% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Monero?

XMR, also known as Monero, is a privacy-focused cryptocurrency known for its untraceable transactions. The overall cryptocurrency market has been volatile recently, with investors closely monitoring regulatory developments and technological advancements.

Why is Monero going down?

XMR crypto is down 5.2% on Feb 20, 2025 22:55

  • Monero experienced a bearish movement today, possibly due to the discovery of Monero mining malware targeting users downloading game torrents.
  • The negative impact of the mining malware discovery might have overshadowed the positive sentiment from being highlighted as one of the best cryptos to invest in this week.
  • Despite experts predicting similar gains to other top altcoins in 2025, the immediate concern of security breaches could have led to a sell-off in Monero.
  • Investors may have reacted cautiously to the discovery, waiting to see how Monero addresses the security issue before considering re-entering the market.

XMR Price Chart

XMR Technical Analysis

XMR News

Monero Mining Malware Hits Users Downloading Game Torrents

Monero Mining Malware Hits Users Downloading Game Torrents

https://news.bitcoin.com/monero-mining-malware-hits-users-downloading-game-torrents/

0 News Article Image Monero Mining Malware Hits Users Downloading Game Torrents

Best Cryptos to Invest in This Week: Qubetics Presale Raises $13.2M, VeChain Strengthens Logistics, and Monero Hits $232.74

Best Cryptos to Invest in This Week: Qubetics Presale Raises $13.2M, VeChain Strengthens Logistics, and Monero Hits $232.74

https://www.livebitcoinnews.com/best-cryptos-to-invest-in-this-week-qubetics-presale-raises-13-2m-vechain-strengthens-logistics-and-monero-hits-232-74/

1 News Article Image Best Cryptos to Invest in This Week: Qubetics Presale Raises $13.2M, VeChain Strengthens Logistics, and Monero Hits $232.74

Looking for The Next Solana? Experts Predict This Altcoin to Have Similar Gains to XMR & LTC in 2025

Looking for The Next Solana? Experts Predict This Altcoin to Have Similar Gains to XMR & LTC in 2025

https://coinpedia.org/press-release/rollblocks-rblk-gamefi-powerhouse-set-to-outperform-sol-in-2025/

2 News Article Image Looking for The Next Solana? Experts Predict This Altcoin to Have Similar Gains to XMR & LTC in 2025

Monero Price History

20.11.2024 - XMR Crypto was down 6.9%

  • A recent decision to delist 5 privacy coins, including XMR, has created uncertainty and negative sentiment in the market.
  • The delisting news could have led to concerns among investors about the future regulatory landscape for privacy-focused cryptocurrencies like Monero.
  • The bearish movement in XMR may be a result of market participants reacting to the potential impact of reduced liquidity and accessibility following the delisting announcement.
  • Traders are likely adjusting their positions and risk exposure in response to the evolving regulatory environment surrounding privacy coins, contributing to the downward pressure on XMR's price.

31.11.2024 - XMR Crypto was up 5.2%

  • XMR experienced a strong bullish movement today as investors seek out privacy-focused assets amidst increasing concerns about digital privacy.
  • The emphasizing of privacy in discussions around the crypto space may have sparked renewed interest in XMR as investors look for ways to protect their online transactions.
  • The focus on privacy aligns with XMR's core value proposition, potentially driving up demand for the token and leading to its bullish movement today.

05.01.2025 - XMR Crypto was down 5.2%

  • Monero's price stabilizing above $220 indicates some resilience in the face of market correction, but ultimately succumbed to bearish pressure.
  • Speculations surrounding Litecoin's spot ETF approval may have indirectly impacted Monero's price, as both belong to the Proof-of-Work sector.
  • Despite initial support around $195, Monero was unable to sustain its gains, possibly due to broader market sentiment overshadowing individual token performance.
  • The overall market volatility and external factors like ETF speculations seem to have influenced Monero's bearish movement today.

14.00.2025 - XMR Crypto was up 5.1%

  • Monero (XMR) price is experiencing a strong bullish movement, with potential for double-digit gains.
  • The support around its ascending trendline has helped boost investor confidence in XMR.
  • The overall positive sentiment in the cryptocurrency market is likely contributing to the bullish momentum of Monero.
  • Traders and investors are optimistic about the future potential of Monero, driving the price higher.

16.00.2025 - XMR Crypto was up 5.3%

  • Monero (XMR) price increased today, trading at approximately $204.92 with strong bullish momentum.
  • The coin's ascending trendline denotes robust investor support, leading to significant gains.
  • Monero's distinct features, including privacy and security, likely attracted investors seeking growth opportunities amid the overall bullish market movement.
  • The positive trend in Monero may also be influenced by broader market trends like growing cryptocurrency adoption and optimistic sentiment towards digital assets.

16.11.2024 - XMR Crypto was down 5.3%

  • XMR experienced a bearish movement driven by increased interest in privacy coins like Verge (XVG) and Zcash (ZEC).
  • Other privacy coins' strong performance possibly shifted focus away from XMR, causing its value to decline.
  • Recent security issues faced by Haven Protocol (XHV) may have created doubts about the security and reliability of privacy-focused cryptocurrencies, impacting XMR negatively.
  • Despite the recent bearish trend, the privacy coin market appears active and expanding, suggesting potential for XMR to recover in the future.

25.11.2024 - XMR Crypto was up 5.1%

  • Monero (XMR) experienced a strong bullish movement likely due to increased interest in privacy coins following the potential delisting of 5 privacy coins on Gate.io exchange.
  • The surge in Monero could also be attributed to whales entering the market, seeking promising opportunities in the cryptocurrency space.
  • The convergence of these factors contributed to a rally in Monero's price as investors explored alternative privacy-focused cryptocurrencies amid evolving regulations for these assets.

24.00.2025 - XMR Crypto was down 5.3%

  • Despite the bullish signals, Monero (XMR) experienced a bearish movement today.
  • The market may have reacted negatively to broader cryptocurrency trends or profit-taking by investors following recent price increases.
  • The highlighting of bullish momentum and potential rallies for privacy coins could still impact XMR positively in the near future, as market sentiment shifts.
  • It's essential for traders to monitor both technical indicators and market news to make informed decisions in the volatile cryptocurrency space.

31.00.2025 - XMR Crypto was up 5.0%

  • Monero (XMR) along with Litecoin and Bitcoin Cash, saw a strong bullish movement today due to speculations around a Litecoin spot ETF approval lifting coins within the Proof-of-Work sector.
  • The positive sentiment in the market, driven by anticipation of a potential Litecoin ETF approval, has benefited other PoW coins like Monero.
  • The bullish movement in Monero today reflects the overall optimistic market sentiment influenced by the speculation around the ETF approval, indicating investors' positive outlook on the cryptocurrency sector.
  • The market movement in Monero could also suggest a rising interest in privacy-focused cryptocurrencies during this bullish period, given Monero's reputation for its privacy features.

07.01.2025 - XMR Crypto was down 5.0%

  • Despite previously leading gains in the crypto market, Monero (XMR) faced a strong bearish movement today.
  • The bullish control noted could have shifted, resulting in profit-taking or market corrections.
  • Speculations surrounding potential approvals for a Litecoin ETF lifting the Proof-of-Work sector may have temporarily diverted attention and investments away from Monero.
  • Market volatility could have triggered a sell-off in Monero, leading to the bearish movement observed today.

07.01.2025 - XMR Crypto was down 5.4%

  • Notwithstanding the positivity and bullish market gains, Monero (XMR) witnessed a bearish movement today.
  • The price forecast of double-digit gains and discussions on its potential performance in 2025 might have raised investor expectations, triggering profit-taking and subsequent price decline.
  • Market volatility, particularly in the cryptocurrency sphere, can prompt sudden shifts in investor sentiment, leading to price fluctuations for assets like Monero.
  • Traders should diligently track market trends and developments to make well-informed decisions, particularly in the rapid and dynamic cryptocurrency market.

20.01.2025 - XMR Crypto was down 5.2%

  • Monero experienced a bearish movement today, possibly due to the discovery of Monero mining malware targeting users downloading game torrents.
  • The negative impact of the mining malware discovery might have overshadowed the positive sentiment from being highlighted as one of the best cryptos to invest in this week.
  • Despite experts predicting similar gains to other top altcoins in 2025, the immediate concern of security breaches could have led to a sell-off in Monero.
  • Investors may have reacted cautiously to the discovery, waiting to see how Monero addresses the security issue before considering re-entering the market.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.