# Monero Climbs 9.4% This Week as Global Stock and Crypto Markets Weaken

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/39364
Published: 2026-10-23T21:59:23.000Z
Updated: 2026-10-23T21:59:23.000Z
Section: Investing

> Trader Peter Brandt compared Monero’s chart pattern with silver’s before a sharp move to $125, but no major positive catalyst was apparent.

Monero (XMR) advanced 9.4% over the week as global stock and crypto markets struggled, with a chart comparison by trader and analyst Peter Brandt emerging as a possible catalyst for the privacy coin’s gains.

Brandt said Wednesday that Monero’s chart pattern resembled silver’s before the metal’s sharp rise to $125. The comparison may have helped fuel XMR’s advance, though no major positive catalyst was apparent.

A [Monero wallet exited before a 12% rally](<https://www.tokenpost.com/news/investing/38183>).



## Links in this article

- [Monero wallet exited before a 12% rally](https://www.tokenpost.com/news/investing/38183)
