Monero Price Forecast: Why XMR Could Hit $350 Soon

6d ago•

Crypto2Community

bullish:

bearish:

Highlights:

Monero is in the green today, defying the selloff across the market
Monero is currently trending towards the $300.61 resistance
Rallying through this resistance could push XMR to $350 soon

Monero (XMR) is in the green today, defying the overall market trend over the last 24 hours. At the time of writing, Monero has gained 2.19% to trade at $295.98. A surge has followed Monero’s price action, as evidenced by increased intraday trading volumes.

Monero trading volumes have increased by 27.72% to $131.32 million. This is an indicator that bullish momentum is on the rise, and investors expect Monero to continue its upward trend into the future. There are several factors that support Monero’s upside momentum in the short to medium term.

Monero Community Crowdfunds for Network Upgrades

One of them is the moves that the Monero community has taken following the recent network reorganization, which lasted 36 minutes. The community conducted a crowdfunding effort that raised nearly a million dollars. The move is a significant development, as it demonstrates the community’s commitment to enhancing Monero.

“The culture behind Monero is so unbelievably strong and the people who get involved in it are so passionate that it seems like an unstoppable force that just is going to go where it needs to go. Especially as the resistance increases.”@moneromatteo | EPI 362

– Business and… https://t.co/6EhwSlvsWs pic.twitter.com/XlF3dpc3nc

— MoneroTalk (@MoneroTalk) September 29, 2025

The community aims to harden the network in a way that ensures such issues do not recur in the future. Among the solutions proposed by Monero, the community is using trustworthy DNS Checkpoints. The community is also suggesting ways to ensure that no miner, or group of miners, can take control of the Monero network.

The first testnet (alpha stressnet) for Full-Chain Membership Proofs (FCMP++) and CARROT will go live on Friday (October 3)!

We implore the Monero community to participate in testing and to report issues in order to ensure a smooth transition! https://t.co/f1s8FvK00t

— Monero (XMR) (@monero) September 29, 2025

Monero Community Support Drawing In New Investors

Monero is also gaining momentum from the fact that, despite the issues surrounding the recent network rollback, the price has remained steady and is even making steady gains. This is a strong indicator that holders have confidence in Monero as a network, given its strength. Such a vote of confidence in a market known for its volatility could attract more investors to Monero. For instance, institutional money could start flowing into Monero, driving the price to new highs in the short to medium term.

Monero investors have also remained committed to the network, despite its delisting from most top exchanges over the years. This demonstrates that Monero’s actual value is not driven by hype, but rather by actual market adoption. This, along with the fact that the network continues to remain strong despite a potential 51% attack, points to genuine demand.

This makes Monero an attractive investment option for conservative investors seeking to diversify their portfolio with a mix of gains and capital security. As such, despite the numerous hurdles that Monero is facing, including technical and regulatory ones, the price is likely to continue rising.

Macro Environment Favors Monero Short Term

Monero also stands to benefit from the macro environment. While most cryptocurrencies are in the red today, they could turn green in October. That’s because the Federal Reserve recently cut interest rates, a move seen as the start of a monetary easing cycle that could extend into 2026. This is likely to push capital into risk-on assets going into the foreseeable future.

At the same time, the cryptocurrency market has historically done well in October. If the same trend repeats and Bitcoin rallies, it could lift all other cryptocurrencies with it, including Monero.

gm$BTC monthly return shows October is the recovery season, with only two negative months in the past 12 years.

data doesn't lie Q4 will be huge.

Welcome to UP only season sers. pic.twitter.com/2kK1P2B5EE

— 4dwin (@4dwinnn) September 30, 2025

Technical Analysis – Monero Trending Towards Critical Resistance

Monero is currently trending towards the multi-day resistance at $300.61. If Monero bulls sustain momentum and push the price through the $300.61 resistance, then a rally to prices as high as $350 could follow in the short term.