Crypto analyst Will Taylor of Cryptoinsightuk says Monero (XMR) could be setting up for a major swing higher, driven by an improving multi-year market structure and persistent demand for privacy-focused crypto.
On X (formerly Twitter) Taylor posted a weekly XMR chart that shows a sequence of higher lows and higher highs—an encouraging technical pattern he says has been developing despite mounting regulatory pressure and exchange delistings for privacy coins. “Structural higher lows and higher highs, with volatility of the upside moves increasing,” he wrote, adding that his first take-profit sits “below / around the psychological level of $1,000.” A more aggressive target, he notes, would put XMR near $1,160, a level that corresponds to the 2.618 Fibonacci extension on his chart.
Price context and upside potential
Taylor’s chart shows Monero trading around $388 against USDT on KuCoin. That implies a roughly 200% gain to reach the $1,160 zone and a roughly 150–160% move to hit the $1,000 psychological mark. His market-cap view also points to sizable upside: one chart places XMR’s market cap near $7.15 billion, while a broader write-up in The Weekly Insight references a current cap near $6 billion and calculates that Fibonacci extensions could push that figure toward $35 billion if the setup plays out.
The thesis: privacy demand versus regulatory headwinds
Taylor’s bullish case isn’t built solely on price patterns. In The Weekly Insight he frames Monero as a bet on the ongoing demand for transaction privacy—even as regulators and some exchanges move to delist privacy-focused tokens like XMR and Dash. He argues delistings don’t eliminate a market for privacy; instead, they may deepen the split between assets designed for regulatory visibility and those built around confidentiality.
“Although privacy tokens are being delisted from exchanges, there is still a valid market for them,” Taylor wrote. He also points to Monero’s historical price action—an early expansion followed by years of consolidation—as a potential base for a future breakout, particularly if mainstream adoption and tighter surveillance continue to reinforce privacy narratives.
Caveats
Taylor cautions the setup needs weekly confirmation, and regulatory risk remains the most significant wildcard for XMR’s path higher.
At press time Monero traded at $387.97.
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