The FIRO price has surged almost 60% in the past 24 hours and is now up more than 300% over the past month. The move has outpaced even Zcash, one of the strongest privacy coins this cycle. FIRO, previously known as Zcoin, is clearly riding the renewed momentum in the privacy coin space.
The key question now is whether this rally still has fuel left — and whether FIRO can realistically revisit the $10+ zone.
Flag Breakout Sets the Tone for FIRO’s Rally
FIRO recently broke out of a flag pattern, a classic bullish continuation structure that forms when price pauses after a sharp run-up.
The pole formed between October 31 and November 10, followed by a tight consolidation from November 10–15. FIRO then broke out on November 15, completing the pattern.
FIRO Breakout: TradingView
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Based on the pole projection, the technical target sits near $8.49, assuming broader market conditions remain supportive. With privacy coins catching strong flows across the board, FIRO has a realistic shot at reaching this extension.
Big Money Flows and Bull-Bear Power Add Strength to the Move
The breakout has strong backing from volume-based indicators. FIRO’s Chaikin Money Flow (CMF) — an indicator that measures buying vs selling pressure weighted by volume — has been rising through the consolidation. CMF held steady even as the FIRO price was consolidating, indicating that big wallets were quietly accumulating during the dip.
Rising Inflows: TradingView
The CMF ascending trendline breakout is still pending. A clean move above the upper CMF trendline would confirm a new wave of inflows and support FIRO’s next leg toward the projected target. However, until the CMF breakout happens, the FIRO price action remains prone to pullbacks.
The Bull-Bear Power indicator also confirms strength. This indicator measures the gap between buying pressure and selling pressure. On FIRO’s chart, Bull-Bear Power has surged to bullish levels higher than those seen during the original pole, validating the force behind this breakout.
Bulls Control The FIRO Price: TradingView
Both indicators support the idea that the FIRO price rally might have more room to run.
FIRO Price Levels That Matter Next
The FIRO price now faces two major hurdles.
The first resistance sits at $6.01. A daily close above this level strengthens the momentum case.
The next major resistance sits at $8.18, just below the pole-derived target.
Crossing both levels keeps the $8.49 projection in play.
FIRO Price Analysis: TradingView
If FIRO clears $8.49 (the pole projection), the next psychological and technical target becomes $10.35, marking the return of the double-digit zone.
On the downside, a move below $3.00 weakens the structure, and falling under $2.49 breaks it completely. These are the invalidation levels for the current rally. That could happen only if a FIRO price pullback runs deeper, led by big money exiting and not breaking the trendline that we mentioned earlier.
