Monero

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ApeCoin

<p>These tokens, ApeCoin and Monero, have been making waves in the crypto market lately. ApeCoin has emerged from a prolonged downtrend, with significant gains in price and trading volume. Meanwhile, Monero has achieved a key breakout, pushing its price to new highs. Some elite analysts have highlighted these developments on X (formerly Twitter), adding to the growing market enthusiasm.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/why-is-bitcoin-btc-price-trading-sideways-key-on-chain-metrics-to-watch/" target="_blank" rel="noopener noreferrer nofollow">Why Is Bitcoin (BTC) Price Trading Sideways? Key On-Chain Metrics to Watch</a></em></strong></p>
<h2 class="wp-block-heading" id="apecoin-price-surges-with-breakout-momentum">ApeCoin Price Surges with Breakout Momentum</h2>
<p>The price of APE has surged by 18.45% in the past 24 hours, reaching $1.93, signaling a robust breakout from its downward trendline on the daily chart. This upward move was accompanied by a staggering 99% increase in trading volume, reflecting heightened interest from investors. The token has shown strength after bouncing off a solid support range of $1.00-$1.20, which has historically acted as a price floor.</p>
<p>Prominent analyst Crypto.Ronald expressed strong optimism on, describing the move as “breakout &amp; ready for skyrocket.” He also highlighted ApeCoin’s potential to lead a renewed “NFT season,” suggesting the token could benefit from broader market narratives tied to NFTs.</p>
<p>Key resistance levels lie ahead at $4.72, $5, and $6, which traders will monitor closely. While the breakout signals bullish momentum, market participants remain cautious about the possibility of a retest of lower support zones if buying pressure weakens.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="440" src="https://captainaltcoin.com/wp-content/uploads/2024/12/image-176-1024x440.png" alt="" class="wp-image-592796" srcset="https://captainaltcoin.com/wp-content/uploads/2024/12/image-176-1024x440.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-176-300x129.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-176-766x329.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-176-1536x660.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-176-2048x879.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-176-349x150.png 349w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-176-100x43.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-176-815x350.png 815w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-176-788x338.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-176.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/CryptoGemRnld/status/1864050965713953102" target="_blank" rel="noopener noreferrer nofollow">X/Crypto.Ronald</a></em></strong>
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/why-is-tron-trx-price-pumping/" target="_blank" rel="noopener noreferrer nofollow">Why is Tron (TRX) Price Up</a></em></strong></p>
<h2 class="wp-block-heading" id="xmr-price-climbs-amid-bullish-sentiment">XMR Price Climbs Amid Bullish Sentiment</h2>
<p><a href="https://www.getmonero.org/" target="_blank" rel="noopener noreferrer nofollow">Monero</a> has also seen a decent price increase of 14.85% over the past day, crossing the $200 resistance zone on its weekly chart. The token’s trading volume surged by 72.12%, underscoring strong buying activity and investor confidence. This breakout ended a prolonged consolidation phase, which kept Monero’s price trading within a range of $120-$200 for over a year.</p>
<p>Popular analyst Chimp of the North captured the market sentiment, proclaiming, “Resistance broken, we’re going to Valhalla ladies!” The bullish momentum is supported by a strong weekly breakout candle, pointing to the possibility of further gains.</p>
<p>Resistance at $300 and $400-$450 could act as future barriers, but the $200-$220 range now serves as a solid support zone. Traders are keeping an eye on whether Monero’s price can sustain its momentum or face potential retracements.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="610" src="https://captainaltcoin.com/wp-content/uploads/2024/12/image-175-1024x610.png" alt="" class="wp-image-592788" srcset="https://captainaltcoin.com/wp-content/uploads/2024/12/image-175-1024x610.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-175-300x179.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-175-767x457.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-175-1536x915.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-175-2048x1220.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-175-252x150.png 252w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-175-100x60.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-175-588x350.png 588w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-175-788x469.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-175.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/cryptochimpanz/status/1864239489121415398" target="_blank" rel="noopener noreferrer nofollow">X/ChimpOfTheNorth</a></em></strong>
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<h2 class="wp-block-heading" id="outlook-for-ape-and-xmr">Outlook for APE and XMR</h2>
<p>These tokens have delivered strong performances, supported by sharp increases in price and trading volume. ApeCoin’s surge is tied to its potential role in an NFT market revival, while Monero benefits from growing interest in privacy-focused cryptocurrencies.&nbsp;</p>
<p>Finally, the near-term outlook will depend on whether these tokens can sustain their momentum and overcome key resistance levels. Investors are encouraged to monitor trading activity and broader market conditions as these trends unfold.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/pepe-meme-coin-shows-fresh-technical-signals-as-market-analyst-projects-new-all-time-high/" target="_blank" rel="noopener noreferrer nofollow">PEPE Meme Coin Shows Fresh Technical Signals as Market Analyst Projects New All-Time High</a></em></strong></p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/apecoin-ape-price-breaks-out-while-monero-xmr-hits-new-highs-heres-the-outlook/" rel="noopener noreferrer nofollow">ApeCoin (APE) Price Breaks Out While Monero (XMR) Hits New Highs – Here’s the Outlook</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

ApeCoin (APE) Price Breaks Out While Monero (XMR) Hits New Highs – Here’s the Outlook

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