MONERO XMR HUGE PUMP !! XMR MONERO PRICE PREDICTION

laatste update: 08-2022


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Synopsis: Monero price right now is $ 232.64, with a 24 hour trading volume of $ 496.31M, market cap of $ 4.21B, and market dominance of 0.21%. The XMR price increased 4.05% in the last 24 hours.

Monero reached its highest price on Jan 9, 2018 when it was trading at its all time high of $ 593.42. The lowest price since it’s ATH was $ 26.23, cycle low. The highest XMR price since the last cycle low, was $ 514.43, cycle high. The Monero price prediction sentiment is currently bullish.

Monero’s current circulating supply is 18.10M XMR. In terms of market cap, Monero is currently ranked 7, in the Proof of Work sector and ranked 1 in the Privacy coins, sector. According to our current Monero price prediction, the value of Monero will drop by -0.99% and reach $ 230.15 by April 14, 2022. According to our technical indicators, the current sentiment is Bullish, while the Fear & Greed Index is showing Fear. Monero recorded 57%, green days with 7.65% price volatility, over the last 30 days. Based on our Monero forecast, it’s now a good time to buy Monero.

Based on today’s classical pivot point, with the value of $ 219.86, Monero has support levels of $ 212.76, $ 208.40, and the strongest at $ 201.30. Similarly, Monero resistance levels are at $ 224.22, $ 231.32, and $ 235.68. Monero price is negatively correlated with the top 10 coins, by marketcap with a value of -0.139, excluding Tether, and negatively correlated with the top 100 coins, by marketcap excluding all stablecoins with a value of -0.176.

To get a better idea of what could happen, to the Monero price in the future, it’s helpful to also explore Monero’s price history. In the last month, the XMR USD pair is up 32.76%. The 1 year performance of XMR USD is -12.97%. Monero price in US Dollar has increased by 32.65%, in the last 1 month. XMR is up 7.81% against Ethereum and up 23.86%, against Bitcoin in the last 1 month. Monero has unique privacy preserving properties, and the project enjoys a strong reputation, in the crypto community after establishing a multi-year track record. With this in mind, it’s easy to see how Monero can be a part of a successful, cryptocurrency investment strategy.

Monero is an open source digital currency, that mainly focuses on privacy and decentralization. By using an obfuscated public ledger and Proof of Work mechanism, Monero is highly ranked among all users who value privacy. Due to its strong privacy features, some associate Monero and other privacy coins, with illicit online activities, but this characterization is not necessarily fair.

The roots of the Monero project can be traced back to 2014, and a cryptocurrency bearing the name “Bitmonero”, which was forked from the Bytecoin codebase. Bitmonero was proposed by Bitcointalk, user thankful for today. After it was poorly received by the community, a group of users led took over the project, and changed the name to Monero shortly after.

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