Monero Gains Momentum, Targets $415 as FCMP++ Upgrade Advances

Monero's price has been gaining momentum as it approaches a critical resistance zone near $404.39, with its current price at around $402.95 after rising 1.17% over the past 24 hours.

The token has also gained 10.32% during the past seven days and its market capitalization now stands near $7.57 billion.

Monero's strong bullish structure on the four-hour chart is supported by its alignment above the 20, 50, 100, and 200 EMAs, which sit at $392.46, $383.67, $372.88, and $360.18 respectively.

The price recently reclaimed the $400 psychological level and now faces immediate resistance around $404.39.