Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (2024)

In this Monero (XMR) price prediction 2024, 2025-2030, we will analyze the price patterns of XMR by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.

Monero (XMR) Current Market Status

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (1)

What is Monero (XMR)

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (2)

Monero cryptocurrency (XMR) was established in 2014, which is open-source and focuses on privacy. Its blockchain is opaque, which makes transaction details and amounts anonymous by masking the addresses used by participants.

Investors can mine Monero using their own CPUs, which means they don’t need to pay for special hardware. The mining process for Monero is based on an egalitarian concept where all are equal and deserve equal opportunities.

Monero 24H Technicals

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (3)

(Source: TradingView)

Monero (XMR) Price Prediction 2024

Monero (XMR) ranks 52nd on CoinMarketCap in terms of its market capitalization. The overview of the Monero price prediction for 2024 is explained below with a daily time frame.

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (4)

XMR/USDT Triple Bottom Pattern (Source: TradingView)

In the above chart, Monero (XMR) exhibits a right-angled descending broadening wedge. Right-angled descending broadening wedge.is a bullish reversal pattern. The pattern is an inverted ascending triangle because it is made up of two converging lines with a horizontal line for the resistance and a bearish downward slant for the support.

At the time of analysis, the price of Monero (XMR) was recorded at $129.91. If the pattern trend continues, then the price of XMR might reach the resistance level of $156.58 and $130.91. If the trend reverses, then the price of XMR may fall to the support of $109.92.

Monero (XMR) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Monero (XMR) in 2024.

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (5)

XMR/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Monero (XMR) for 2024.

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (6)

XMR Resistance & Support Levels

Monero (XMR) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (XMR) are shown in the chart below.

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (7)

XMR/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Monero (XMR) market in 2024.

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (8)

Monero (XMR) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of Monero (XMR) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (9)

XMR/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Monero (XMR).

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (10)

Comparison of XMR with BTC, ETH

Let us now compare the price movements of Monero (XMR) with that of Bitcoin (BTC), and Ethereum (ETH).

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (11)

BTC Vs ETH Vs XMR Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of XMR is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of XMR also increases or decreases respectively.

Monero (XMR) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Monero (XMR) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (12)

Conclusion

If Monero (XMR) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Monero (XMR) price prediction for 2024 is $205.6. Comparatively, if unfavorable sentiment is triggered, the bearish Monero (XMR) price prediction for 2024 is $104.7.

If the market momentum and investors’ sentiment positively elevate, then Monero (XMR) might hit $250. Furthermore, with future upgrades and advancements in the Monero ecosystem, XMR might surpass its current all-time high (ATH) of $517.62. and mark its new ATH.

This content was originally published by our partners at The News Crypto.

Monero (XMR) Price Prediction 2024, 2025, 2026-2030 | Investing.com NG (2024)

FAQs

What is the XMR prediction for 2024? ›

Monero forecast between 2023 and 2025

Time to break new records! In 2024, XMR will break through the € 400 threshold. However, we won't see a new all-time high until 2025, when XMR will close the year with a price at € 541.

What is the Monero price prediction for 2025? ›

What are the predictions for Monero in 2025? Analysts remain optimistic for 2025 as well. In September Monero will reach a minimal price of €372.49. Monero is projected to finish that year at a value of approximately €448.96.

Will Monero reach $10,000? ›

If XMR were to rise 25% every year, it would take it 19 years to reach $10,000. Monero operates in a niche category with few competitors, and this may be one of its advantages. However, XMR probably has a low chance of reaching $10,000, at least for now.

How high will XMR go? ›

Our real-time XMR to USD price update shows the current Monero price as $167.21 USD. Our most recent Monero price forecast indicates that its value will increase by 1.76% and reach $170.16 by September 12, 2024.

What is the price of XMR all-time high? ›

The all-time high of Monero is $517.62.

How many Monero coins are left to mine? ›

Monero will have a total supply of 18.4 million XMR, expected to be reached in May 2022, but there is no true max supply as after this point Monero will continue to emit 0.6 XMR per block infinitely in a process known as “tail emissions”, in order to keep miners incentivized to power the network.

Can Monero reach $1 000? ›

DigitalCoinPrice experts think that in 2030 Monero will finally hit $1,000: its lowest price can fall to $1,149.82 (+575%), while at its peak it might reach $1,276.84 (+650%).

Is Monero a dead coin? ›

The King of Privacy is Dead, Long Live the King

Binance, the world's largest cryptocurrency exchange, recently announced the delisting of Monero (and several other privacy coins), a decision that led to a sharp downturn in the market value of XMR – the token of the Monero project – to a 20-month low.

Is it worth investing in Monero? ›

Is monero a good investment? It is hard to say. While the crypto has outperformed the market over the last year or so, it has still dropped in value. A lot will depend on how much the people behind the blockchain can keep on top of things, and how well the market performs as a whole.

Can you cash out Monero? ›

At the current Monero price, one XMR is worth $168.22. Kraken makes it easy to sell Monero for USD in minutes. How do I get my money after selling Monero? After you sell your Monero using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.

Is XMR profitable? ›

Yes, Monero mining can still be profitable in 2024, but profitability depends on various factors such as electricity costs, mining equipment efficiency, and market conditions.

Why is Monero valuable? ›

Because every transaction is private, Monero cannot be traced. This makes it a true, fungible currency. Merchants and individuals accepting Monero do not need to worry about blacklisted or tainted coins.

How much is $500 USD to XMR? ›

USD to XMR
AmountToday at 11:01 am
50 USD0.29 XMR
100 USD0.58 XMR
500 USD2.90 XMR
1,000 USD5.81 XMR
4 more rows

Why is Monero's price so low? ›

Monero (XMR) slumped to an all-time low of 1.8 million after crypto exchange Binance said it will stop listing the privacy token as of Feb. 20. Privacy coins are cryptocurrencies that preserve anonymity by obscuring the flow of money across their networks, making it difficult to determine who sent what to whom.

What rank is XMR? ›

Currently, Monero rank on the market is #31. Monero price today is 67.25% below all time high, and it is 79,510.79% above all time low. All data and prices are updated in real-time.

What is the price prediction for Elon Dogelon Mars in 2030? ›

Our Dogelon Mars crypto price points at an average price of $0.0000001409 for 2024. Technical analysis shows Dogelon Mars token price could trade between $0.0000002373 and $0.0000004709 in 2025. Dogelon Mars coin forecast for 2030 shows it could go above $0.0000005134.

What is the Monero all time low? ›

The lowest price paid for Monero (XMR) is $0.2162, which was recorded on Jan 14, 2015 (over 9 years). Comparatively, the current price is 77,724.38% higher than the all-time low price.

How much did Monero cost last year? ›

Monero price is +20.08% over the last year. The highest price of XMR in the last year was $180.72 and the lowest price of Monero in the last year was $104.70.

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