XMR price rally heats up: overbought signals flash caution

By: cryptosheadlines|2025/05/16 09:45:05
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Monero, the leading privacy-focused cryptocurrency, surged to its highest level in four years as demand rose.Monero (XMR) jumped to $350, bringing its year-to-date gains to 75% and pushing its market cap above $6.3 billion. It has rallied over 155% in the past 12 months, making it one of the top-performing large-cap cryptocurrencies.The surge has occurred despite the fact that major crypto exchanges like Binance, Coinbase, OKX, and Crypto.com do not currently list the token. These platforms delisted Monero due to its strong privacy features, which raised potential legal risks.These legal concerns intensified after U.S. authorities sanctioned Tornado Cash and arrested its founder, alleging the protocol facilitated illicit transactions and money laundering involving over $7 billion. Monero’s price started rising after the US scrapped its sanctions against Tornado Cash after a court order. The rally is likely because traders anticipate some exchanges relisting it this year. In addition to the ruling, the Trump administration is also highly supportive of the industry.Monero also rallied recently after it was used to launder stolen Bitcoins worth over $330 million. Hackers prefer Monero because its technology uses ring signatures, stealth addresses, and ring confidential transactions. In ring signatures, transactions are grouped with other potential senders, making it hard for a transaction to be tracked. In stealth addresses, it generates a unique one-term address for every transaction, and in ring confidential transactions, it hides the transaction amount. XMR price technical analysisMonero price chart | Source: crypto.newsThe daily chart shows that XMR has been in a strong uptrend in recent months. It has moved above all major moving averages, while the Average Directional Index (ADX) has surged to 65.75—a sign of strengthening trend momentum.However, the Relative Strength Index and Stochastic Oscillator have moved to the extreme overbought level. As a result, while the bullish trend may continue, there is a risk of a short-term pullback—potentially toward the psychological level of $300. A drop below that level could open the door to further downside toward $240, which marked resistance in January and February. Alternatively, if the uptrend holds, Monero could extend its rally toward the next key psychological level at $400. Source link

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.


Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.


Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps


Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.


The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position


The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.


Social-Native Trading: Strategy and Execution Completed in the Same Context


Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying


On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.


By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.


Referral Mechanism: Non-institutional users can receive up to 60% fee split


Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings


This model aims to drive user-driven network expansion and organic growth.


Self-Custody Architecture and Built-in Privacy Mechanism


Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:


· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure


The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.


A New Path for On-Chain Derivatives


Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.


The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.


Regulatory Background


Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.


This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."


The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.


About Mixin


Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.


Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication


Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.


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