Analyst Calls Monero The Most Bullish Chart In Crypto

While much of the cryptocurrency market remains fixated on short-term narratives and rotating hype cycles, Monero (XMR) is quietly re-entering the conversation for a very different reason: structure.

Specifically, popular crypto analyst Matthew Hyland recently highlighted what he described as one of the strongest long-term technical setups in the entire market – a 10-year ascending triangle forming on Monero’s higher-timeframe chart.

In Hyland’s view, shared in an X post on December 31, it may be the “perfect time to buy Monero for the very long term,” pointing to a structure that has survived multiple bull and bear cycles without breaking down.

A Rare 10-Year Pattern Comes Back Into Focus

The chart that Hyland shared shows Monero consistently forming higher lows beneath a long-standing resistance zone, a textbook ascending triangle, but on a scale rarely seen in crypto.

Unlike short-term continuation patterns, decade-long structures suggest persistent accumulation as opposed to speculative churn. Each market cycle has brought volatility, yet the price has continued to respect rising support, signaling long-term holders absorbing supply rather than distributing it.

Hyland previously called this “the most bullish setup in all of crypto,” not because of imminent upside, but because of how long and clean the structure had been allowed to develop.

Meanwhile, XMR was at press time changing hands at the price of $437.54, which represents an increase of 1.65% in the last 24 hours, a 0.52% gain across the previous seven days, and a 5.15% advance over the past month, per the most recent charts.

Privacy Meets The AI Era

Beyond pure chart mechanics, Hyland tied Monero’s technical setup to its fundamental positioning.

As blockchain surveillance tools grow more sophisticated, increasingly powered by artificial intelligence (AI), Monero remains one of the few major networks where privacy is the default, not an opt-in feature.

Indeed, Hyland summed it up succinctly:

“XRM privacy = AI blockchain-analysis-resistant.”

That distinction doesn’t guarantee price appreciation, but it does reinforce Monero’s relevance in an environment where transaction tracking, compliance tooling, and AI-driven analytics are becoming standard across most public blockchains.

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