XMR Price Breaks $450: Monero on Track for Major Technical Thesis

Monero's price has broken through the $420-$430 resistance zone and surpassed $450, rising by 5% in the process.

This decisive move higher gives bulls a cleaner technical setup as they head toward the $500 mark.

The recent breakout is particularly significant because XMR spent months trading beneath this supply region, repeatedly failing to establish a sustained move above it.

Now that buyers have absorbed this overhead supply, momentum has accelerated, taking the token through $450 and toward the $475 area.