2024 is seeing more people turning towards crypto as an investment option. There are countless cryptos available out there, but you should take care that you invest in crypto with a promising future.
One such crypto is Monero (XMR). Let us read about the price predictions of the crypto and determine whether it is a good investment.
Monero Market Cap And Price Prediction
At the time of writing this article, the price of Mnero is $128.43. Over the past 24 hours, it has had a price change of -2.21%, and over the last 7 days, it has had a price change of -8.83%.
Monero market cap is $2,365,436,435.96 with a circulating supply of 18,417,442 XMR and a trading volume of $47,506,727.16. The all-time high (ATH) price the crypto has had is $517.62 and the all-time low (ATL) price that it has had is $0.21.
The Monero price is expected to have a 3.7% hike and reach $133.37 in the next 7 days. The Fear and Greed Index has a 75-point score showing Greed. It has a bearish sentiment in the market with a 3.16% volatility.
Monero has had 15 out of 30 green days which makes up to 50%. It has had a 50-day SMA of $135.05, a 200-day SMA of $153.71, and a 14-day RSI of 43.98.
Monero price prediction
Now you have the key details of the Monero market cap. Is time to proceed to the live predictions, note that the now-made price forecasts are based on the currently available data on the crypto.
This may change at any time in relation to the high volatility of the crypto market and the frequent price fluctuations.
Here you can read about the price prediction of Monero for the years starting from 2024 and up to 2030.
Monero price prediction 2024
In 2024 Monero is predicted to have a potential ROI of 25.8%. The average trading price is $196.21.
The crypto is supposed to have a maximum pre of $160.93 and the minimum expected price is $125.64.
Monero Price Prediction 2025
The Monero price prediction for 2025 is between $254.68 and $305.47 with the latter one forecasted as the annual higher end and the first one as the annual lower end.
The average price at which the coin is expected to trade is $262.03. The potential ROI of the year is 138.8%
Monero price prediction 2026
After analyzing the historical data of the coin, crypto experts say that the average reading price of the coin in 2026 will be around $403.55.
The minimum price can drop to $390.45 while the crypto can surge to a price of $450.27. The potential ROI of the coin is predicted to be 252%.
Monero price prediction 2027
In the year 2027, Monero crypto is expected to have a potential ROI of 433.9%. The average trading price is expected to be around $580.62.
XMR expects a price fall to $560.44 and at the same time the price can be as high as $683.05
Monero price prediction 2028
After going through the current market trends in the price changes so far, crypto veterans say that the price prediction for 2028 is between $985.14 and $814.64.
The average trading price is now set at $843.67. The potential ROI of the coin is at 670.5%.
Monero price prediction 2029
Monero price prediction for 20269 is between$1169 and $1438 with the first one on the yearly lower end and the latter one on the yearly higher end.
The average trading price of the coin is predicted to be around $1202. The potential ROI of the coin is now expected to be around 1024.1%
Monero Price Prediction 2030
Crypto analysts have explained the current price fluctuations, the market trends, and the historical data of the crypto to make the Monero price prediction for the year 2030.
It says XMR will trade between $1704 and $2049 as the yearly lower end and yearly higher end respectively. The average trading price is expected to be around $1764 and the potential ROI of the crypto is expected to be 1501.7%
To Take Away
Monero seems like a good investment for long-term investment plans. However, before you invest in Monero make sure that you educate yourself with all the necessary details.
You can get help from crypto excerpts and follow the accounts of crypto veterans to get the latest updates on the coin.
