Monero

Resistance

Status

Time

Coin

<ul class="wp-block-list"> 
 <li><strong>Bullish XMR price prediction for 2024 is $212.55 to $279.96.</strong></li> 
 <li><strong>Monero (XMR) price might reach $250 soon.</strong></li> 
 <li><strong>Bearish XMR price prediction for 2024 is $108.85.</strong></li> 
</ul> 
<p>In this Monero (XMR) <a href="https://thenewscrypto.com/markets/price-prediction/" target="_blank" rel="noreferrer noopener">price prediction</a> 2024, 2025-2030,&nbsp; we will analyze the price patterns of XMR by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noreferrer noopener">cryptocurrency</a>.&nbsp;</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Monero (XMR) Current Market Status</li>
      <li>What is Monero (XMR)?</li>
      <li>Monero (XMR) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      MONERO (XMR) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Monero (XMR) Support and Resistance Levels</li>
      <li>Monero (XMR) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>Monero (XMR) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of XMR with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>MONERO (XMR) PRICE PREDICTION 2025, 2026, 2027-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-monero-xmr-current-market-status">Monero (XMR) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$156.87</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">2.58% Down</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$49.26M</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$2.89B</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">18.45M XMR</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$517.62 (On May 08, 2021) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$0.213 (On jan 15, 2015) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   XMR Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/monero/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="h-what-is-monero-xmr">What is Monero (XMR)</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>XMR</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Monero blockchain</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>Public blockchain platform</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>April 2014</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, Fast Transactions, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p>Monero (XMR) is a privacy-focused <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noreferrer noopener">cryptocurrency</a> that offers secure, untraceable, and anonymous transactions. Launched in 2014, Monero uses advanced cryptographic techniques like ring signatures and stealth addresses to ensure that transaction details—such as the sender, recipient, and amount—remain hidden.&nbsp;</p> 
<p>Unlike many other cryptocurrencies, Monero’s strong focus on privacy makes it fully fungible, meaning every coin is indistinguishable from another. Its decentralized nature and use of <a href="https://thenewscrypto.com/proof-of-work-vs-proof-of-stake/" target="_blank" rel="noreferrer noopener">Proof of Work</a> (PoW) consensus make it a popular choice for users who prioritize financial privacy and security.</p> 
<h3 class="wp-block-heading" id="h-monero-24h-technicals">Monero 24H Technicals</h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" width="1024" height="424" src="https://thenewscrypto.com/wp-content/uploads/2024/06/image-149-1024x424.png" alt="" class="wp-image-111527" srcset="https://thenewscrypto.com/wp-content/uploads/2024/06/image-149-1024x424.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-149-300x124.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-149-768x318.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-149.png 1246w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   <em>(Source: </em><a href="https://www.tradingview.com/symbols/XMRUSDT/" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<h2 class="wp-block-heading" id="h-monero-xmr-price-prediction-2024">Monero (XMR) Price Prediction 2024</h2> 
<p>Monero (XMR) ranks 29th on CoinMarketCap in terms of its market capitalization. The overview of the Monero price prediction for 2024 is explained below with a daily time frame.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/oDuYlPZE/" alt="">
  <figcaption class="wp-element-caption">
   <em>XMR/USDT Ascending Channel pattern (Source: </em><a href="https://www.tradingview.com/symbols/XMRUSDT/" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>In the above chart, Monero (XMR) exhibits an Ascending Channel pattern. An ascending channel, or rising channel, is a bullish pattern that forms when an asset’s price makes higher highs and higher lows.&nbsp;</p> 
<p>The price moves between two parallel trend lines—an upper line connecting the higher highs and a lower line connecting the higher lows. As the channel slopes upward, it signals a continued uptrend. Traders see this as a positive sign, with the price likely to keep rising as long as it stays within the channel.</p> 
<p>At the time of analysis, the price of Monero (XMR) was recorded at $156.90. If the pattern trend continues, then the price of XMR might reach the resistance levels of $165.27 and $178.21 If the trend reverses, then the price of XMR may fall to the support of $153.33.</p> 
<h2 class="wp-block-heading" id="monero-xmr-resistance-and-support-levels">Monero (XMR) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of Monero (XMR) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/7sTKpus6/" alt="">
  <figcaption class="wp-element-caption">
   <em>XMR/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/XMRUSDT/" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the above chart, we can analyze and identify the following as resistance and support levels of Monero (XMR) for 2024.</p> 
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$212.55</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$279.96</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$154.38</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$108.85</td>
   </tr>
  </tbody>
 </table>
 <figcaption class="wp-element-caption">
  <em>XMR Resistance &amp; Support Levels</em>
 </figcaption>
</figure> 
<p class="has-text-align-center"><em>XMR Resistance &amp; Support Levels</em></p> 
<h2 class="wp-block-heading" id="h-monero-xmr-price-prediction-2024-rvol-ma-and-rsi">Monero (XMR) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (XMR) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/MGFyJKK4/" alt="">
  <figcaption class="wp-element-caption">
   <em>XMR/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/XMRUSDT/" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the readings on the chart above, we can make the following inferences regarding the current Monero (XMR) market in 2024.</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average (50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $161.62<br>Price =&nbsp; $157.22<br><em>(50MA &gt; Price)</em></td>
    <td>Bearish/Downtrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index (RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>51.57<br><em>&lt;30 = Oversold<br>50-70 = Neutral</em><br><em>&gt;70 = Overbought</em></td>
    <td>Neutral</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-monero-xmr-price-prediction-2024-adx-rvi">Monero (XMR) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of Monero (XMR) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://tradingview.com/x/jgh7IxRe/" alt="">
  <figcaption class="wp-element-caption">
   <em>XMR/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/XMRUSDT/" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Monero (XMR).</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>10.89</td>
    <td>Very Weak Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>64.68<br><br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>High volatility</td>
   </tr>
  </tbody>
 </table>
</figure>  
<h2 class="wp-block-heading" id="comparison-of-xmr-with-btc-eth">Comparison of XMR with BTC, ETH</h2> 
<p>Let us now compare the price movements of Monero (XMR) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/SCHKliaM/" alt="">
  <figcaption class="wp-element-caption">
   <em>BTC Vs ETH Vs XMR Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/XMRUSDT/" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the above chart, we can interpret that the price action of XMR is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of XMR also increases or decreases respectively.</p> 
<h2 class="wp-block-heading" id="h-monero-xmr-price-prediction-2025-2026-2030">Monero (XMR) Price Prediction 2025, 2026 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Monero (XMR) between 2025, 2026, 2027, 2028, 2029, and 2030.</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Monero (XMR) Price Prediction 2025</td>
    <td>$289</td>
    <td>$110</td>
   </tr>
   <tr>
    <td>Monero (XMR) Price Prediction 2026</td>
    <td>$315</td>
    <td>$115</td>
   </tr>
   <tr>
    <td>Monero (XMR) Price Prediction 2027</td>
    <td>$330</td>
    <td>$119</td>
   </tr>
   <tr>
    <td>Monero (XMR) Price Prediction 2028</td>
    <td>$345</td>
    <td>$123</td>
   </tr>
   <tr>
    <td>Monero (XMR) Price Prediction 2029</td>
    <td>$390</td>
    <td>$125</td>
   </tr>
   <tr>
    <td>Monero (XMR) Price Prediction 2030</td>
    <td>$450</td>
    <td>$129</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h3 class="wp-block-heading" id="conclusion">Conclusion</h3> 
<p>If Monero (XMR) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Monero (XMR) price prediction for 2024 is $279.96. Comparatively, if unfavorable sentiment is triggered, the bearish Monero (XMR) price prediction for 2024 is $108.85.&nbsp;</p> 
<p>If the market momentum and investors’ sentiment positively elevate, then Monero (XMR) might hit $250. Furthermore, with future upgrades and advancements in the Monero ecosystem, XMR might surpass its current all-time high (ATH) of $517.62 and mark its new ATH.&nbsp;</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is Monero (XMR)?</h4> 
<p>Monero is a privacy-centric cryptocurrency based on the CryptoNote protocol, which is a secure, private and undetectable currency system.</p> 
<h4 class="wp-block-heading">2. Where can you buy Monero (XMR)?</h4> 
<p>Traders can trade Monero (XMR) on the following cryptocurrency exchanges such as Binance, OKX, Bybit, WEEX, and DigiFinex.</p> 
<h4 class="wp-block-heading">3. Will Monero (XMR) record a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the Monero platform, Monero (XMR) has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of Monero (XMR)?</h4> 
<p>Monero (XMR) hit its current all-time high (ATH) of $517.62 on May 08, 2021.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of Monero (XMR)?</h4> 
<p>According to CoinMarketCap, XMR hit its all-time low (ATL) of $0.213 On Jan 15, 2015.</p> 
<h4 class="wp-block-heading">6. Will Monero (XMR) hit $250?</h4> 
<p>If Monero (XMR) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $250 soon.</p> 
<h4 class="wp-block-heading">7. What will be the Monero (XMR) price by 2025?</h4> 
<p>Monero (XMR) price might reach $289 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be the Monero (XMR) price by 2026?</h4> 
<p>Monero (XMR) price might reach $315 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be the Monero (XMR) price by 2027?</h4> 
<p>Monero (XMR) price might reach $330 by 2027.</p> 
<h4 class="wp-block-heading">10. What will be the Monero (XMR) price by 2028?</h4> 
<p>Monero (XMR) price might reach $345 by 2028.</p> 
<p><strong><br></strong><strong> Top Crypto Predictions</strong></p> 
<p><a href="https://thenewscrypto.com/stacks-stx-price-prediction/" target="_blank" rel="noreferrer noopener">Stacks (STX) Price Prediction</a></p> 
<p><a href="https://thenewscrypto.com/cat-in-a-dogs-world-mew-price-prediction-2024-2025-2026-2030/" target="_blank" rel="noreferrer noopener">cat in a dogs world (MEW) Price Prediction</a></p> 
<p><a href="https://thenewscrypto.com/ordi-ordi-price-prediction/" target="_blank" rel="noreferrer noopener">ORDI (ORDI) Price Prediction</a></p> 
<p><em>Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Monero (XMR) Price Prediction 2024, 2025, 2026-2030

Table of Contents

TheNewsCrypto

Другие статьи, опубликованные 1 сент. 2023 г.

August Wrap-Up

KuCoin Report Points to Marked Increase in Crypto Investors in Turkey

GMX Price Prediction 2023-24: Can GMX Crypto Crash More?

Ripple News : XRP Lawyer John Deaton Opens Up on Confrontation with SEC: A Closer Look

Borroe takes the lead amidst Crypto’s turbulence

zkPass Pre-alpha Testnet Opens for Public Testing

Join our free newsletter for daily crypto updates!