Monero, with the elegance of a meticulously planned fiasco, is now attempting one of the most dramatic technical breakouts in its history, as though haunted by the ghost of its 2018 self. The privacy coin, which has spent nearly a decade oscillating like a drunkard’s compass, is now tentatively rapping its knuckles against an all-time high (ATH) that smells suspiciously like a lie from Vladimir himself.
For most cryptocurrencies-Ah, Bitcoin, that enigmatic titan of the blockchain-the 2018 cycle highs are but a faded inkblot on a parchment. Monero, however, clings to its ATH of $542.33 like a child to a lost balloon. The price tag clings to Jan. 9, 2018, a date that outlived the bull run itself. One imagines XMR whispering, “Remember me?” to a sleeping world.
Momentum is a Guilty Secret
Trader Josh Olszewicz, a man who speaks the gospel of candlesticks, insists XMR possesses the best-looking chart in crypto. A bold claim, to be sure, given Bitcoin’s recent resemblance to a deflated soufflé. 🐱
$XMR still the best looking chart in crypto, teasing ATHs
– CarpeNoctom (@CarpeNoctom) January 11, 2026
Behold the ascending triangle, a geometric marvel that could have been the brainchild of a 19th-century dramatist. The top line, a knotted rope of resistance between $475-$520, bears the weight of history: the 2017 bull run’s peak and a 2021 double-top that crumbled like a playwright’s dream. For eight years, sellers descended on this level like vultures at a feast, pushing prices back into the abyss. Yet here, at the triangle’s apex, the price teeters like a drunkard in love. Support and resistance embrace in a claustrophobic waltz, whispering, “A decision must be made!”
Resistance, that obstinate specter, grows weaker with each test. This is XMR’s third attempt to breach the $500 fortress. If it succeeds, the ceiling collapses-history itself becomes a ruin to span. A monthly close above $520 would seal the breakout like a tsar’s decree.
Will It Become the Next Zcash?
Zcash (ZEC), the beguiling belle of the bull market, rose like a phoenix-only to vanish in an embers of governance disputes. The Electric Coin Company, once alight with vision, devoured itself in a bureaucratic brawl. Now, as ZEC wallows in its familial drama, Monero saunters by, coat embroidered with the chaos of its predecessor. A tragicomedy, really: one coin crumbles under its own quill, while another ascends on ambition and ink. 😂
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2026-01-11 23:14