Monero (XMR) has surged by over 3% in the past 24 hours, outperforming Bitcoin, which saw a decline of more than 2%. This price movement suggests a potential decoupling of Monero from Bitcoin, indicating a positive trend for the privacy-focused cryptocurrency. Currently priced at $340.55, Monero has shown resilience despite an 11.79% drop over the past week. The 24-hour trading volume for Monero increased by 14% to $97.59 million, reflecting growing market interest. Technical indicators such as the Relative Strength Index (RSI) at 37 and proximity to the lower Bollinger Bands suggest a potential short-term rebound. Despite recent bearish signals, Monero's performance underscores its ability to withstand market pressures, potentially benefiting from increased interest in privacy coins amid concerns over Bitcoin's security vulnerabilities.