A decisive breakout above the ascending triangle’s upper trendline typically leads the price to level at length equal to the previous uptrend’s height.
Last week, Zcash experienced a governance and developer crisis, marked by senior team resignations, funding uncertainty around the Electric Coin Company, and growing concerns over long-term protocol stewardship.
As a result, capital appears to be rotating toward Monero, viewed as the more battle-tested, decentralized, and operationally stable privacy network.
How High Can XMR Price Go in 2026?
From a Fibonacci perspective, XMR’s 2026 upside case remains constructive even under a more conservative scenario.
The token broke above its 1.0 retracement level near $504 this week, a zone that historically acted as resistance. Now, the next major Fibonacci extension lies around the 1.618 line near $800.
As long as XMR holds above former resistance-turned-support and remains above its rising long-term EMAs, a measured advance toward the $800 region in 2026 appears technically achievable before any deeper consolidation phase sets in.
A breakout above $800 will likely enable a sustained upside momentum toward the 2.618 Fib line above the $2,000 mark.
