Monero coin is reflecting an amazing movement since the beginning of the year. Amid slight setbacks, the currency managed to keep the upsurge intact. In the last 30 days, the price surged to $87.4 from $57.7. The escalation in the coin has impressed the traders. The future of the XMR coin is likely to be great. The investment in Monero wouldn’t go futile.
Monero Price Prediction
Monero price was spotted at $57.70 on January 12, and then, it remained at the same level for the next two days. Then, from January 14, XMR coin marked a steep hike and the price moved from $56.85 to $71.52 by 25.53%. From this high, the currency started trading downwards and there was a slight plunge marked after the same. On January 19, Monero’s price was at $64.19 and then, till January 22, the coin was spotted holding the level tightly. But, in the later days, Monero price dropped and touched $58.19 at 10:30 UTC on January 24. However, the coin started improving after the same. On January 30, the price of Monero coin was at $75.22 by a massive hike of 29.02%.
The closing days of January experienced a slight pullback. The price counters touched $71.94. From January 12 to 31, the progression marked in the price was 23.74%. February began with escalation. By February 03, Monero was trading at $77.44. After a marginal plunge, the coin again picked up the pace and the price improved to $79.72 by 8.22% on February 07. Till yesterday, XMR coin was at $87.44. Today, the currency experienced pullback during the intraday trading.
The coin has violated the immediate support level at $83.25. The next level at $81.67 seems to get breached in the coming hours. However, the possibilities for improvement are still on the charts.