Markets· ★★★· bullish·

Monero clears $558 resistance and sets sights on $600

  • —XMR trades above $592 after a 4% gain in 24 hours
  • —XMR is up 43% since August after breaking $410 resistance
  • —A THORChain upgrade widened swap routes for XMR outside CEXs
  • —EU rules pressure licensed exchanges to delist Monero by 2027
Why it matters: Shrinking exchange supply supports prices, but usage lagging the rally and EU regulatory pressure limit how long the move can last.
#XMR
Source: Digital Today
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