Monero: From Neglect to Explosion, According to Peter Brandt's Analysis

Veteran chart analyst Peter Brandt has recorded an impressive similarity between the current movement of Monero and the historic success of silver over the past decades. His observation offers new insights into how assets long neglected by the market can suddenly explode in interest and price. Through technical analysis and historical context, Monero appears as a cryptocurrency ready to emerge from a long period of neglect.

Seven Years of Neglect: Why Monero Became Dormant Everywhere

Monero has long been in the shadow of major discussions in the cryptocurrency sector. For over seven years since the token peaked in 2018, it has continued to stay below previous record highs. This neglect is no accident—it results from multiple factors that combined to push Monero to the sidelines.

Regulatory pressures have been a primary reason. Due to the privacy-focused nature of the token, many platforms and jurisdictions have pushed back against it, restricting its use and demand. This includes waning interest from speculators, who focus more on other, more well-known cryptocurrencies. The combination of these factors has led to a prolonged period of stagnation and neglect for XMR holders.

But like any long-neglected asset, Monero has begun to show signs of change. Recent developments have started to alter the market’s trajectory.

Price Structure: Monero and the Silver Analogy

Peter Brandt’s analysis revolves around a significant observation: the way Monero’s price has performed over the past years mirrors the structure seen in silver before its dramatic rally. Silver spent years in lateral movement, where the price bounced sideways while slowly attempting to break past previous resistance levels.

In technical analysis, “resistance” refers to a price level where buying often halts. It’s a barrier that prevents early buyers from continuing the ascent, as they seek to sell or profit at specific price points. Monero has its own resistance levels—markers from years of effort and hesitation.

The key difference in timing isn’t the period itself, but the effort and patience. Assets that explode don’t do so because the right day arrives—they explode because conditions become perfect: macroeconomic environment, market positioning, and narrative.

The Sound of Change: Monero on the Verge of a Breakout

Just last week, Monero hit new record highs surpassing $578, exceeding the previous peak of $540. This isn’t just a number—it’s a symbol of the end of the neglect era. This price indicates that the token has broken through levels that once served as barriers, reflecting a shift in market sentiment.

Price action continues to climb from earlier in the year, retesting levels that previously screamed for investors to sell. With each new high, Monero further distances itself from the years of neglect. Momentum is building, not just following.

Returning Attention: Privacy Tokens and the New Daily Norm

The change in Monero isn’t happening without reason. The privacy token sector has experienced renewed interest from investors seeking to protect their digital privacy. This includes anticipation of upcoming protocol upgrades that will enhance the token’s functionality and open new use cases.

The regulatory cloud still hovering over the industry hasn’t stopped the recognition of privacy’s value. Instead, investors have become smarter about how to participate in this ecosystem, balancing functionality with compliance.

Monero has risen 33% this year, outpacing the 124% rally seen last year. These numbers reflect a token that has shaken off neglect and is overcoming skepticism to reach new heights.

The Global Landscape: From Monero to Others

Not only Monero is showing signs of upward movement. The cryptocurrency market is full of changing dynamics. For example, Pudgy Penguins is growing as one of the strongest NFT-native brands in this cycle. The project is trying to evolve from simple “digital luxury goods” into a multi-vertical consumer IP platform. The strategy is to tap into mainstream—toys, retail partnerships—and then onboard users into Web3 through games and tokens.

Elsewhere in the market, XRP has fallen about 4% this month, but on-chain data shows increased investor interest. The spot XRP ETFs listed in the US attracted $91.72 million in net inflows this month, reflecting ongoing confidence in the token.

The Future: From Neglect to Expectation

Monero’s story isn’t just about price. It’s about how assets neglected by the market can refocus due to changing conditions, shifting perspectives, and the arrival of new times. Peter Brandt doesn’t offer a specific price target—his message is deeper: Monero is in the same setup stage as silver, ready to launch into a major move.

The period of neglect may be nearing its end. The market is ringing the bell, and Monero is listening.