Monero Price Analysis: SimpleFX Lists Monero, XMR To See $100 Soon
• XRP is now listed among the 22 currencies on SimpleFX.
• Price to break the resistance level at $100 soon.
The mobile-friendly trading platform, SimpleFX adds Monero (XMR) as one of the currency in the offering account. Simple FX has 22 currencies in its offering account, out of which 7 are cryptocurrency. Monero would be free of charge just like the other cryptocurrencies on SimpleFX.
The news has taken the price of Monero (XMR) a few steps ahead. The investors are looking forward to the venture, as the market is expecting an upsurge in the coming time.
Let’s observe the market trend of Monero (XMR).
XMR Price Statistics:
The chart is taken from Trading View on 1st June 2019, at 07:07:53 UTC for price analysis.
- Monero (XMR) is at 92.26 USD.
- It is the 13th largest currency in the crypto market.
- The ROI is marked at 3623.18%.
- The circulating supply of Monero (XMR) is 17,015,296 XMR.
- The 24hr volume of Monero (XMR) is 94,491,118 USD.
- The market cap is noted at 1,567,126,612 USD.
Monero Value Comparison:
The above chart is reflecting a clear growth graph in Monero (XMR) price. From April 1st till 6th, the price saw an increase from $56.12 to $72.35 by 29.24%. There was again an upsurge marked in the month of May. From 12th to 16th May, there was a hike in price from $72.9 to $97.31 by 33.48%. Again on 30th the price almost touched $99.78, but soon came under the selling pressure.
The above data clearly reflects that from April till May, the growth was tremendous. The same is expected in the coming months too.
Monero Price Prediction and Conclusion:
SimpleFX news has increased the expectation of Monero (XMR) price. On 30th May, it almost touched $100 is now dealing at $92.26, at 07:35:11 UTC. The price will soon break the $100 resistance level and aim for much higher.
The graph of Monero (XMR) is indicating that by the end of 2019, the price is likely to touch $140. In the coming two years times, XRP coin can beat $200 too.
The long term investors can go for the Monero (XMR). Based on our XMR price prediction, we are positive that the investment will turn out to be good and release huge dividends.