History repeats? The technical signals behind silver and Monroe coin reaching new highs on the same day

【CryptoWorld】Recently, there has been an interesting phenomenon: silver and Monero both hit new all-time highs on the same day (January 12). Silver was quoted at $86.22 per ounce, while Monero surged to $613.31, drawing the attention of veteran market analyst Peter Brant.

Brant’s name carries weight in trading circles. In the 1980s, he accurately predicted the massive crash of gold, and by 2018, during Bitcoin’s sharp decline, he also correctly foresaw the drop below $4,000. With such a track record, his insights naturally carry credibility.

His recent analysis points out that the price trajectories of these two assets show remarkable similarities—they both experienced long-term consolidation, then accumulated energy before breaking out. When comparing silver’s trend with Monero’s, one can notice many coincidences in their long-term bottoms, consolidation cycles, and breakout points. This morphological similarity often indicates that there may be more opportunities ahead.

For traders, this cross-asset technical benchmark is quite insightful—it reminds us that certain universal cyclical patterns exist in the market, not just isolated movements of individual assets.