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Monero To $1,160? Analyst Sees Major XMR Rally Ahead
TL;DR
Analyst Will Taylor predicts Monero could rally to $1,160, supported by its multi-year market structure. He notes that the current weekly trend shows potential for a move towards the $1,000 area.
Key points
- Analyst Will Taylor predicts Monero could reach $1,160
- Current weekly trend supports a move towards $1,000
- Monero's market structure has improved despite regulatory pressures
- Structural higher lows and highs indicate potential price increase
- Aggressive target aligns with the 2.618 fib level
Mentioned in this story
Will Taylor
Monero
Cryptoinsightuk analyst Will Taylor says Monero’s multi-year structure could support a move toward the $1,000 area and potentially as high as $1,160 if the current weekly trend holds.
Taylor shared a weekly XMR chart on X and tied the setup to a broader thesis around privacy coins, arguing that Monero’s market structure has continued to improve despite the regulatory and exchange pressure facing privacy-focused assets.
“Looking to see if this trend continues or not. Structural higher lows and higher highs, with volatility of the upside moves increasing. I’m thinking a TP below / around the psychological level of $1,000,” Taylor wrote.
He added that the more aggressive target sits above that level. “We still have today to confirm on the weekly of course, but just an idea. There is also an argument for the $1,160 region that would align with the 2.618 fib level.”
Monero price analysis | Source: X @Cryptoinsightuk
The Thesis Behind Monero
The chart shows Monero trading near $388 against USDT on KuCoin. The projected move toward the $1,160 area would imply a gain of around 200% from the highlighted region, according to the chart’s measurement. Taylor’s market-cap chart also shows XMR around $7.15 billion, with Fibonacci extension levels mapped above the current range.
Taylor’s thesis is not based only on near-term price structure. In a longer note from The Weekly Insight, he framed Monero as a bet on the persistence of crypto privacy demand, even as regulators and exchanges have moved against privacy tokens.
“The next token I want to look at is XMR (Monero). There’s been an international push to essentially halt privacy tokens like Monero, Dash, and others, due to their ability to make transactions difficult, if not impossible, to trace. I’d like to remind everyone that this was the original vision for crypto—an anonymous, decentralized financial system.”
That framing is central to his argument. For Taylor, delistings and regulatory scrutiny do not eliminate the market for privacy assets; they may instead sharpen the divide between assets optimized for compliance visibility and assets built around transaction confidentiality.
Q&A
What is the predicted price target for Monero according to Will Taylor?
Will Taylor predicts Monero could reach as high as $1,160.
What factors are influencing Monero's potential price increase?
Monero's improving market structure and the current weekly trend are influencing its potential price increase.
How does the regulatory environment affect Monero and privacy coins?
Despite regulatory and exchange pressures, Monero's market structure has continued to improve, supporting its price potential.
What technical analysis supports the price prediction for Monero?
Taylor's analysis includes structural higher lows and highs, with a target price around $1,000 and a more aggressive target at $1,160 aligned with the 2.618 fib level.
