Monero Price Prediction: Why XMR Could Hit $500 Soon

Highlights:

• Monero is making a second attempt at the $416.86 resistance
• Rally through this resistance could pave the way for a rally to $500
• Growing demand for privacy coins could trigger a Monero rally 

Monero (XMR) is in the green on a day that the broader cryptocurrency market is sending mixed signals. At the time of going to press, Monero was trading at $411.71, up by 2.07%. However, this intraday price increase has not been accompanied by an increase in trading volumes. 

Over the last 24 hours, Monero trading volumes have decreased by 4.9% to $182.85 million. This drop in trading volumes on a day that Monero trading volumes are on the rise is a positive indicator. That’s because it means the average Monero holder is not looking to sell every tiny pump in the price. They expect the price to continue rising into the foreseeable future. Several fundamental factors support the confidence that Monero holders have in the token.

Monero Rising as Privacy Coins Narrative Remains Strong

One of them is that the pro-privacy narrative remains strong. While the cryptocurrency market has been largely weak for the better part of 2025, privacy coins have made a strong showing recently. ZCash has led the pack with gains of over 500% since October.

Monero has also performed quite well during the same period. Analysts predict that the pro-privacy narrative will not go away anytime soon. That’s because across the globe, governments are tightening the noose on personal privacy.

Everything, from CBDCs to digital IDs, means that privacy will become increasingly rare in the digital space. This is likely to push people towards more privacy-focused technologies in areas such as digital identity and finance. In the financial spectrum, privacy coins are likely to see a surge in demand going into the long run.

Since investors tend to move towards time-tested technologies, this demand is likely to shift more towards Monero and ZCash. As such, Monero is likely to continue rising into the foreseeable future. The odds of Monero rallying through $1000 are high if there is strong FOMO into privacy coins going into 2026. 

Monero Has Proven Itself Under Extreme Pressure

Monero also inspires investor confidence because it has weathered many storms without any catastrophic price crash. Over the years, Monero has been delisted from multiple cryptocurrency exchanges. At the same time, it has faced multiple attempts at a 51% attack. Many cryptocurrencies have in the past faced far lesser challenges and faded into oblivion.

The fact that Monero remains a viable option indicates it has a solid community behind it, one that is ready to support Monero at all costs. This is a factor that is likely to inspire investor confidence in Monero going forward. That’s especially if the privacy coin narrative continues to gain traction amongst cryptocurrency investors.

Monero Insulated From Broader Market Crashes

Monero also stands to benefit from the fact that its delisting from major exchanges has insulated it from broader market crashes. Monero tends to remain stable whenever the broader market is crashing, but pumps along with it when it pumps. This is critical to attracting investors, especially now that the US rate cut has failed to spark a parabolic price move for cryptocurrencies, as was widely expected.

Monero could attract investors who seek a balance of value growth and stability if altcoins continue to sink even deeper into bear territory going into 2026.

Technical Analysis – Monero Price Trending Towards Major Resistance

Monero has been in the green since bouncing off $361.09 support on December 9. However, over the last 24 hours, Monero has been rejected at the $416.86 resistance level, but is now making a second attempt at this level. If bulls are strong enough to push Monero through the $416.86 resistance, then a rally to $500 could follow.

On the other hand, if bulls fail again at the $416.86 resistance, then a correction to the $396.54 support could follow. Of these two scenarios, a rally to $500 is more likely due to the underlying demand for privacy coins across the board.