Monero Price Prediction August 2026: Is XMR’s Cup and Handle the Setup Before the Run to $427?

NewsFri, 07 Aug 2026 12:00:13 UTC6 hours ago
Monero Price Prediction August 2026: Is XMR’s Cup and Handle the Setup Before the Run to $427?
  • XMR trades at $371.07 on August 7, pressing the cup and handle neckline with RSI at 62.24 and a $427 measured move target
  • Cuprate node client and Serai DEX code shipped on August 6, with XMR gaining 2.6% on the release day
  • The EU’s MiCA privacy coin ban takes effect July 2027, adding a liquidity risk as XMR has already been delisted from 73 exchanges

The Monero price prediction has always split into two charts, and this week both got sharper. XMR trades at $371.07, pressing the neckline of a cup and handle pattern that targets $427, right as Cuprate and Serai code shipped to back it up. Strong development is not the question. The question is whether a rally can hold when 73 exchanges have already shown Monero the door, with the EU set to ban it outright in 2027.

Monero Price Analysis: Cup and Handle Neckline in Sight With RSI Above 60

XMR Price Analysis (Source:…

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