Monero Price Drools at a Lower Level; Intraday Trading Seems Boring

  • Monero (XMR) deals with the bear.
  • The traders might experience a similar day as yesterday.

Monero (XMR) price is suffering on the intraday market. The price of the coin is falling from a couple of days. However, the coin was seen touching new highs on the last week. We are expecting a similar kind of improvement will take place in the coin again.

For now, the traders shouldn’t hold any hope from the coin in the intraday trading. The coin is speculated to end the day with a negative sign. Now, let’s take a look at the intraday chart.

Monero (XMR) Current Statistics:

The chart is taken from Trading View on September 10, 2019, at 09:42:48 UTC for price analysis.

Monero Price
Monero Chart By TradingView

Yesterday, the coin opened at $77. The price slipped from $77 to $75 by 2%. Later, it recovered by 2.30%. The price counter changed from $75 to $77. The coin started falling after touching $77. The day closed at $75 with regression of 2.49%. Today, the coin opened with an escalation of 1.35%. The price counter changed from $75 to $76. Later, it fell from $76 to $73 by 3.70%.

Summary of XMR to USD:

Particulars Monero (XMR)
Price 73.93 USD
Rank 10
ROI 2888.43%
Market cap 1,272,538,289 USD
24hr volume 69,611,210 USD
Circulating supply 17,200,905 XMR

Monero Price Prediction and Conclusion:

Monero (XMR) price might seem suffering in the market, but the future holds flourishing return on investment. The investment in Monero wouldn’t go futile.

According to the Monero price predictions, the long-term investment looks best for the Monero. The short term investment would be as productive as long term investment. The traders can dig in Monero with a high prospect in mind.

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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