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.

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. According to Monero price prediction, 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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