The leading privacy-focused cryptocurrency, Monero (XMR), has experienced a 2% decline in the past 24 hours, with a 36% drop in trading volume. It has also slid 3% in the past week and remains 63% below its all-time high. Monero faced congestion and regulatory scrutiny in March, leading to delistings from major exchanges. However, it has shown resilience, with a strong support level at $180. Technical analysis suggests the token could rally towards $310, and its performance against Bitcoin indicates potential strength. Despite challenges, Monero could be poised for a rally, with a target of $358 in 2025.



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