Key takeaways
- Monero price prediction suggests a bullish trend, with XMR anticipated to reach $428.08 by the end of 2024.
- XMR could reach a maximum price of $897.60 by the end of 2027.
- By 2030, Monero’s price may surge to $1,466.22
Monero (XMR) stands out in the cryptocurrency space for its strong focus on privacy and decentralization of transactions. This makes it a popular choice for privacy advocates and those prioritizing security. The Monero ecosystem constantly evolves, marked by significant milestones like enhanced protocol upgrades and growing adoption across various sectors, which underscore its utility.
As Monero continues to progress, many wonder about its future price trajectory. Will its unique features drive significant value growth? Can it sustain its competitive edge in the ever-evolving crypto market? Will XMR recapture its ATH at $517.62?
Overview
| Cryptocurrency | Monero |
| Token | XMR |
| Price | $207.51 |
| Market Cap | $3.82B |
| Trading Volume 24-h | $112.64M |
| Circulating Supply | 18.45M XMR |
| All-time High | $517.62 May 07, 2021 |
| All-time Low | $0.213, Jan 15, 2015 |
| 24-h High | $220.39 |
| 24-h Low | $201.02 |
Monero price prediction: Technical analysis
| Sentiment | Bullish |
| 50-Day SMA | $169.36 |
| 200-Day SMA | $162.73 |
| Price Prediction | $400.84 (110.97%) |
| F & G Index | 40.22 (fear) |
| Green Days | 16/30 (54%) |
| 14-Day RSI | 49.77 |
Monero price analysis
TL;DR Breakdown
- Monero price fell to $190 as bearish pressure rose
- The XMR coin had risen by over 2.4% at the time of writing.
- Monero prices have sought support and resistance at $180 and $210, respectively.
The Monero price analysis for December 22 shows high volatility as XMR rises to the $190.00 mark as bearish pressure dominates the market. The price fell to the $180 mark but the bulls have found some recovery.
Monero price analysis 1-day chart: XMR rises to $190 as bulls push through
The 24-hour XMR/USD price chart indicated a bullish trend in the market as prices moved toward $160.00. In recent days, the price fell to $180 but the bullish pressure increased to $192.
The Indicators reflect the bullish price sentiment, as all three major technical indicators show positive signs. The MACD is bearish at -3.18 units, showing strong bearish sentiment, while the EMAs are also above the mean position, and their gradient turns negative as the price rises. The RSI also shares this sentiment, falling to around the 50.46 index level from the 70.00 mark, showing room for further upward movement in the short term. The converging Bollinger Bands suggest lower volatility, indicating that the $210.00 resistance may hold for the week.
Monero price analysis 4-hour chart
The 4-hour price chart shows Monero making a sudden breakdown as the price broke below $180 to $165 within a four hour period. However, the bulls were still able to form a recovery to the $190 level.
The RSI is at 53.97, suggesting that the asset is near the center of the neutral region. The MACD, at 0.54, shows bullish momentum across the 4-hour charts, which has increased with recent candles. The sentiment is further supported by the EMAs, which show a rising slope. These indicators collectively indicate a bullish trend forming at the current price level.
Monero technical indicators: Levels and actions
Daily simple moving average (SMA)
| Period | Value | Action |
|---|---|---|
| EMA 3 | $ 212.23 | SELL |
| EMA 5 | $ 211.74 | SELL |
| EMA 10 | $ 206.16 | SELL |
| EMA 21 | $ 193.70 | SELL |
| EMA 50 | $ 176.81 | BUY |
| EMA 100 | $ 167.66 | BUY |
| EMA 200 | $ 161.40 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
|---|---|---|
| SMA 3 | $ 214.63 | SELL |
| SMA 5 | $ 215.07 | SELL |
| SMA 10 | $ 202.68 | SELL |
| SMA 21 | $ 190.59 | SELL |
| SMA 50 | $ 168.10 | BUY |
| SMA 100 | $ 162.80 | BUY |
| SMA 200 | $ 162.53 | BUY |
What to expect from Monero price analysis?
Monero price analysis shows XMR has been in a bullish rally since early October. Despite the flash crash a few days ago, the bulls quickly bought the dip to recover the asset’s price to the $180.00 mark. The bulls have crushed the short-term resistances held by the bears, and as the price enters the $210 level, the $200 provides a secure foothold for short-term movements.
As such, traders can expect the price to halt its bullish rally as the buying pressure decreases. As such, the price can be expected to rise from around the $190 price level to test the $210 resistance across the next few days. However, the bulls need to guard the $180 and the $185 key support level to prevent a fall to the $150 level.
Is Monero a good investment?
Monero is an attractive investment because it emphasizes privacy and security, utilizing advanced cryptographic techniques to ensure transaction confidentiality. Its growing adoption across various use cases and a decentralized development model enhance its long-term potential. With a limited supply and increasing investor interest, Monero offers a unique opportunity for those seeking financial autonomy and privacy to invest in cryptocurrency. However, investors should remain cautious of regulatory risks and market volatility when considering Monero as part of their portfolio.
Why is XMR down?
After failing to secure support past the $200 mark XMR price fell to $180 but the bullish support allowed it to recover to $192.
Will XMR recover to its all-time high?
Monero is expected to recover toward its all-time high of $518 by mid-2026 as the privacy chain continues to reduce its tech debt and progresses toward greater utility and privacy. However, the platform might have to overcome regulatory scrutiny and challenges before it can see mass adoption.
Will XMR reach $250?
Monero is experiencing a strong bullish rally that may reach the $250 mark before the year closes.’s
Will XMR reach $1000?
The chance of Monero (XMR) hitting $1,000 hinges on various factors. Adoption of privacy transactions and technological advances could increase demand. Favorable regulations and market sentiment toward privacy coins would also help. Yet, regulatory risks, competition, and market volatility are challenges. $1,000 is possible with favorable conditions, but market dynamics and regulations will shape its path.
Does XMR have a good long-term future?
Monero (XMR) has the potential for a strong long-term future due to its focus on privacy and security, which makes it attractive to users seeking anonymity. However, regulatory scrutiny and notoriety from being the favored medium for some past criminals make it challenging to become the star of the market. Monero’s commitment to privacy gives it a solid foundation for long-term growth, but it must carefully navigate market and regulatory landscapes.
Recent news/opinion on Monero
- Justin Ehrenhofer, granting an interview to Coindesk, says:
“One thing that keeps coming up is that privacy is always a battle – you always have people that are getting better and better about tracing… So privacy needs to keep getting better and better. The tools need to keep getting better and better. You can’t just stand still because if you stand still you become obsolete.”
Start9Labs announced the integration of BTCPayServer to allow Monero transactions for e-commerce stores.
Monero price prediction December 2024
The XMR price prediction for December 2024 suggests a minimum value of $132.29 and an average price of $149.92. The price could reach a maximum of $247.58 during the month.
| Month | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| December | 132.29 | 149.92 | 247.58 |
Monero price prediction 2024
The XMR price prediction for 2024 suggests a minimum value of $176.03 with an average price of $374.66. The price could reach a maximum of $428.08 during the year.
| Year | Minimum Price | Average Price | Maximum Price |
| 2024 | $176.03 | $374.66 | $428.08 |
Monero price prediction 2025-2030
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $335.96 | $396.63 | $404.93 |
| 2026 | $462.18 | $511.68 | $570.77 |
| 2027 | $602.79 | $674.21 | $718.61 |
| 2028 | $602.79 | $674.21 | $718.61 |
| 2029 | $743.90 | $833.33 | $856.87 |
| 2030 | $1,057.06 | $1,142.20 | $1,173.84 |
Monero price prediction 2025
The Monero price prediction for 2025 anticipates a potential increase in the price of Monero upon adoption, resulting in a maximum price of $505.79. Based on the analysis, investors can expect an average price of $495.42, while the minimum price could be around $419.65.
Monero price prediction 2026
According to the XMR price forecast for 2026, Monero’s price is anticipated to reach a minimum trading price of $577.30. The potential maximum XMR price could be $712.94, with an average price of $639.13.
Monero price prediction 2027
The XMR price prediction for 2027 will continue rising and exhibit minimum and maximum prices of $752.94 and $897.60, as well as an average price of $842.14.
Monero coins price prediction 2028
Monero’s price is expected to reach a minimum of $752.94 in 2028. The maximum expected XMR price is $897.60, with an average price of $842.14.
Monero price prediction 2029
The XMR price prediction for 2029 expects XMR to reach a minimum of $929.19. The XMR price can reach a maximum level of $1,070.30, with an average price of $1,040.89 throughout 2029.
Monero price prediction 2030
The Monero price prediction for 2030 suggests a minimum price of $1,320.35 and an average trading price of $1,426.70. The maximum forecasted price is set at $1,466.22
Monero price prediction 2024-2030
Monero market price prediction: Analysts’ XMR price forecast
| Firm | 2024 | 2025 |
| Coingecko | $420.93 | $568.19 |
| Digitalcoinprice | $329.54 | $435.76 |
Cryptopolitan’s Monero (XMR) price prediction
Cryptopolitan’s Monero price forecast suggests a bullish outlook for Monero’s future price should the market recover soon. According to our expert analysis, XMR might record a maximum price of $428.08, a minimum price of $176.03, and an average price of $374.66 at the end of 2024.
Monero historic price sentiment
- Monero’s market value has changed dramatically since its launch in 2014, from less than $1 to over $475.
- May 2021 marked the highest point in Monero’s history. Monero’s price projections revealed the coin’s security. They provide investors with optimism that they will be freed from the persecution of some authorities simply by buying or selling Monero.
- Across 2023, Monero’s price rose by 11.49%. The highest price was $278.56, and the lowest was $114.16.
- In January 2024, Monero stayed stable around the $150.00 mark as market momentum remained low. However, the stability was short-lived as February crashed to $101.95. However, XMR showed swift recovery as it closed the month near the $150.00 level again.
- In March and April 2024, XMR saw a steady decline from $150.00 to $120.00, where it found key support.
- In May 2024, XMR observed steady bullish pressure as the price rose from $120.00, approaching resistance at $150.
- In June 2024, Monero (XMR) traded within the $150 – $175 price range as either side struggled to make a clear breakthrough. In July, the crypto traded around the $155 mark as the price volatility remained relatively low. XMR opened trading at $156.05 in August and ended the month at $176.00 making remarkable gains.
- September was bearish for the asset as the price declined below the $160 mark by the month’s end. In October, Monero observed a steep crash and has been making a swift recovery since then.
- In December Monero has made remarkable strides as the asset’s price broke past the $200 mark albeit briefly. However, it remains to be seen whether the month will continue in this direction for the crypto.
