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Altcoins & DeFi

Monero breaks September high, Bitcoin rejected at $84,000, Stellar and Hyperliquid test support

Image: CoinTurk News

Monero surged above its September peak, outpacing most major cryptocurrencies as bullish momentum returned to the market. Meanwhile, Stellar slipped below $0.18, Bitcoin faced resistance at $84,000, and Hyperliquid continued to face selling pressure at key support levels. Monero (XMR) currently trades near $629, extending its rally after clearing the September high of $635. With a daily range between $604 and $656, XMR has more than doubled since July’s nadir of $300. All moving averages point upward, further supporting the ongoing trend. The advance above $635 marks an important technical breakout, although a brief retracement from $656 signals some profit-taking near the highs. If Monero closes above the breakout level, the bullish case strengthens, with $656 and $700 serving as immediate upside targets.

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