Monero Price Analysis: XMR Price Plunges And Hovers Around $82 In The Last 24 Hours

Monero is currently suffering from the price drop. The coin was seen the same a week ago. But, after the fall, we witnessed a considerable amount of recovery. Well, the same is expected this week too.

If we talk about yesterday, the coin had a pretty good day. Yesterday, the coin touched a high at 90.98 USD and a low at 84.55 USD. The volume marked on 20th August 2019 was 75,036,775 USD.

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Current Statistics of Monero:

  • The coin is currently dealing at $82.4.
  • The ROI stands at 3185.71%.
  • The coin is at the 10th rank in the altcoin market.
  • 17,166,111 XMR are circulating today.
  • 1,395,248,470 USD is marked as the Market Cap.
  • The 24-hour volume stands at 66,562,142 USD.

XMR to USD Price Comparison:

The chart is taken from trading View on 21st August 2019 at 03:55:15 UTC for price analysis.

XMR Price Prediction
XMR Price Chart by TradingView

Looking at the above Monero price chart, the coin is reflecting a drop. Yesterday, the coin opened with a heavy drop. XMR price slipped by 4.11%. The price counters changed from $90.154 to $86.449. The rest of the day was seen hovering around $87 mark. Monero closed at $86.272 and with a loss of 4.31%. Today, the coin has again observed a loss of 5%. XMR price slipped from $86.272 to $81.927.

Monero Price Prediction and Conclusion:

Monero coin has impressed the traders with its price movement. The coin has jumped a few ranks above and now among the top ten cryptocurrencies. XMR coin is anticipated to be growing in terms of price too. The traders can dig in with a long-term prospect. We are quite positive about the Monero’s future.

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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