Monero Price Prediction: XMR Plummets 11% As Experts Say This ICO Offering Free Bitcoin Might Be The Best Crypto To Buy Now

The Monero price has dropped 11% in the last 24 hours to trade at $276 as of 3:43 a.m. EST on an 11% decline in trading volume to $226 million.

This drop in the XMR price comes a day after over 3,520 BTC (about $330.7 million) was suspiciously converted into Monero. Blockchain analyst ZachXBT linked the move to a likely hack.

Nine hours ago a suspicious transfer was made from a potential victim for 3520 BTC ($330.7M)

Theft address
bc1qcrypchnrdx87jnal5e5m849fw460t4gk7vz55g

Shortly after the funds began to be laundered via 6+ instant exchanges and was swapped for XMR causing the XMR price to spike…

— ZachXBT (@zachxbt) April 28, 2025

Due to Monero’s low liquidity, the large transaction caused XMR to surge 45%, possibly costing the sender $66 million in slippage.

Monero Price Shows Healthy Recovery – Can The Bulls Sustain The Momentum?

The XMRUSDT trading pair is currently trading at  $276 as bullish momentum sweeps across the market. This breakout comes after nearly three months of sideways consolidation between $180 and $210, a period marked by tight price action, low volatility, and heavy accumulation.

The surge began with a clean breach of the $230–$240 resistance zone, which had previously acted as a buy-side liquidity area. This region was swept decisively, confirming a market structure shift (MSS) that signaled the transition from a ranging market to a bullish trend.

A Fair Value Gap (FVG) formed between $225 and $235 during the breakout. This price gap indicates buyers aggressively drove the price upward, leaving behind unfilled orders, a possible zone for a future retest or healthy pullback.

Monero’s intense price action is backed by its Relative Strength Index (RSI), which currently stands at 82.24. While this reflects strong buying interest and bullish momentum, it also suggests the asset is overbought.

A short-term correction or sideways consolidation around the $250–$260 level could allow the market to cool off before attempting the next move higher.

XMRUSDT Analysis Source: Tradingview

Monero Price Breakout Signals Potential Uptrend As Traders Eye $300

From a technical perspective, the breakout is significant. It ends a prolonged accumulation phase and puts Monero back on traders’ and investors’ radars. Immediate support now lies between $230 and $240, right where the FVG was left.

This zone may serve as a launchpad if Monero pulls back. On the upside, psychological resistance levels at $300 and $320 are now in focus. Continuing the bullish momentum, we could see the price test $340 in the medium term.

Traders are watching closely to see if Monero can hold above the $250 threshold in the coming days. If it does, it may signal the start of a sustained uptrend driven by renewed investor confidence, increased trading volume, and potential institutional interest in privacy-based assets.

With altcoin sentiment improving, Monero’s technical breakout could lead to further bullish action in the broader crypto market.

BTC Bull Token Presale Zooms Past $5.1M – Best Crypto To Buy Now?

While Monero’s price breakout dominates headlines, investors are piling into a new presale called BTC Bull Token (BTCBULL) that is offering free Bitcoin to its holders. The project has already raised over $5.1 million.

With BTC rewards and token burns when the BTC price hits certain milestones, the project is becoming a hot topic among crypto investors. 

The first airdrop will occur when BTC reaches $150,000, and repeat for every $50k increase in the Bitcoin price after that.

4 Rules of #BTCBULL:

1️⃣ Stack
2️⃣ Hodl
3️⃣ Burn
4️⃣ Repeat pic.twitter.com/y59cl0xjTY

— BTC BULL TOKEN CUSTOMER DESKﾒ (@BTCBULLTOKENCSD) April 4, 2025

The token also features a built-in burn mechanism. Once Bitcoin crosses $125,000, BTCBULL will begin burning tokens to reduce supply. Burns will continue for every $25,000 increase in the BTC price after that. Reducing supply will put upward pressure on the BTCBULL price.

The 99Bitcoins YouTube channel, which has over 725K subscribers, says BTCBULL could surge 10x after launch.

Investors can also stake BTCBULL tokens for a huge 80% annual return. Over 1.3 billion $BTCBULL tokens have been staked already.

Anyone interested in joining the presale can buy BTCBULL tokens for $0.002485 each right now using crypto or a bank card.

For the best experience, use Best Wallet, a multi-chain wallet that’s fully integrated with BTC Bull Token’s rewards system. Holding $BTCBULL in the app ensures you automatically receive Bitcoin airdrops as milestones are reached.

With the price scheduled to rise in less than 19 hours, buy soon to lock in the best deal.

Check out BTC Bull Token.

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