Monero price prediction is making headlines again after the crypto shot up over 28% yesterday. One of the main reasons for this sudden price surge is President Donald Trump’s announcement on Sunday to pay a “dividend of at least $2000 a person.” Trump claimed that his tariff policies have made the US the wealthiest country.

With this surge, the XMR price broke above the neckline of a six-month-long cup pattern, moving past the $420 resistance.

Despite the broader market being in a slump since October, Monero has been outperforming most altcoins. Being one of the largest payments-focused privacy tokens, Monero’s recent performance has triggered a buying frenzy for similar undervalued tokens.

Among the payment-focused tokens with the most asymmetric upside potential, Best Wallet Token (BEST) is currently standing out with its ongoing presale. The project has raised over $17 million within months of its launch, demonstrating strong and rising investor confidence.

Traders Rotate Zcash Profits To Monero

The rally sustaining XMR above $420 came after Zcash’s explosive gains earlier this month, highlighting major capital rotation. This outperformance of these coins signals a potential shift in investor attention toward privacy-oriented digital assets.

The move comes as technical breakouts align with network upgrades and rising interest in transaction privacy. Capital rotation to Monero reflects a broader trend in which investors seek the “next privacy coin” after securing gains from Zcash.

This pattern has historically characterized altcoin rallies, where momentum shifts sequentially across related assets within a sector.

Monero Price Prediction: Strong Breakout, More Momentum Ahead?

Monero (XMR) has been the highest-gaining cryptocurrency over the last few days, driven by sustained institutional interest. At the current market price of $417, it has a market cap of $7.71 billion. In the past seven days, XMR has surged nearly 25% outperforming major established tokens.

Price action also shows strong bullish characteristics, as XRM’s price broke the $470 level on Friday. This breakout has established a new 52-week high of $471 as bulls have driven the price above the previous resistance of $415. If the price breaks above the $500 level, which is just around the ATH, a new ATH could be the next stop.

Image Courtesy: TradingView

Some traders are now comparing this breakout to trend continuation setups, suggesting a potential rise towards upper levels. This price action has significantly influenced the long-term cycle of the coin.

While fundamental developments indicate a bullish price outlook, technical oscillators suggest that a correction may occur soon. XRM is trading at extended levels and could approach the ATH level. If buying pressure is regained at this level, the token might revert and move upward; otherwise, it can continue to decline to the next significant support at $400.

Best Wallet Token Nears $17 Million Milestone

Best Wallet is the easiest and safest crypto wallet to use for both beginners and seasoned investors. The platform has simplified the Web3 experience and offers added benefits to native token holders.

Best Wallet aims to capture a 40% share of the entire crypto wallet market, estimated at $11 billion, by the end of 2026. The platform offers users early access to trusted presales and new projects before they are launched to the market.

Token holders also get a discount on transaction fees on the Best Wallet ecosystem and enjoy higher yields on staking opportunities.

Key Features and Metrics of Best Wallet Token:

• Utility-first token powering secure and simplified payments

• Audited by Coinsult for user security

• Early access to emerging token presales

• Nearly $17 million raised within just months

• Staking BEST token rewards investors with a 77% APY

With investors flocking to get in early on the next privacy leader and a listing scheduled at $0.026035 per token on Uniswap, analysts suggest that BEST could be the best crypto to buy in November. To purchase Best Wallet Token, the native token that powers the Best Wallet ecosystem, investors must swap it for ETH or BNB on the presale page.