Monero Price Analysis: XMR May Cross $100 in the Next Two Weeks

  • XMR may come out of the loop to trade above $100 soon
  • XMR may close the day trading above $90

Monero may have shown some stable trends in the last few months, but the coin is seen to head towards upward surge and may cross $100 value soon. The current price statistics of the coin also indicate bullish trends, and it may cross $90 by the end of today. The next week can be all about crossing $95 and then $97 to head towards bigger goals.

XMR to USD Price Statistics:

As on August 18, 2019, at 08:30:36 UTC, the price of XMR token is noted to be $81.92 and the coin has recorded an uptrend of over 4% in the last one month rising from $78.08 to its current value. XMR moved between $78 and $87 for a larger part of the past days but picked up some pace at the beginning of August to surge as high as $97.72. It has slumped since then and also hit $74.42 in between but is seen to gaining some pace again.

Monero price chart August 18
Monero Price Chart by Trading View
  • The price of XMR token is now $81.92 and 0.00806682 BTC
  • The market cap of the coin is now $1,405,400,628
  • The 24 h volume has reached $68,183,214
  • The ROI of the coin stands at 3,208.59%
  • The circulating supply is now 17,160,689 XMR

Yesterday the lowest recorded value of XMR token was $81.04 and the highest was $83.70. The highest recorded value of the coin in the last 7-days was $92.34 and it may start to trade above it in the next few weeks.

Monero Price Prediction:

Monero may seem to move very slowly as the coin has not been able to cross $97 target in the last few days, but it is all part of a strategic prep up to make it big. This may happen very soon when the coin moves past $100 target and starts trading above it in the next few weeks or by early next month.

Conclusion:

It is the best time to plan long term investments in the XMR token for higher benefits as per the Monero price predictions.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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