Monero (XMR) Price Prediction 2024, 2025–2030

Explore short and medium-term Monero price prediction analysis and check long-term Monero forecasts for 2025, 2030, and beyond

5-Day Prediction
$?167.36
1-Month Prediction
$?157.42
3-Month Prediction
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6-Month Prediction
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1-Year Prediction
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2025 Prediction
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2030 Prediction
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2040 Prediction
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2050 Prediction
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Current Price $?150.73
Price Prediction $?157.42  (5.35%)
Fear & Greed Index 49 (Neutral)
Sentiment Bearish
Volatility 6.86%
Green Days 13/30 (43%)
50-Day SMA $?165.21
200-Day SMA $?153.13
14-Day RSI 33.59

According to our current Monero price prediction, the price of Monero is predicted to rise by 5.35% and reach $?157.42 by November 8, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 49 (Neutral). Monero recorded 13/30 (43%) green days with 6.86% price volatility over the last 30 days. Based on the Monero forecast, it's now a bad time to buy Monero.

Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Long-term Monero price prediction for 2025, 2026, 2027, 2028, 2029 and 2030

Based on the historical price movements of Monero and the BTC halving cycles, the yearly low Monero price prediction for 2025 is estimated at $?149.42. Meanwhile, the price of Monero is predicted to reach as high as $?583.22 next year. Using the same basis, here is the Monero price prediction for each year up until 2030.

YearYearly LowYearly High
2025 $?149.42 $?583.22
2026 $?142.86 $?358.78
2027 $?167.81 $?233.50
2028 $?154.91 $?226.73
2029 $?190.30 $?807.45
2030 $?180.81 $?488.08

Monero price prediction 2025

The Monero price prediction for 2025 is currently between $?149.42 on the lower end and $?583.22 on the high end. Compared to today’s price, Monero could gain 286.94% by 2025 if XMR reaches the upper price target.

Monero price prediction 2030

The Monero price prediction for 2030 is currently between $?180.81 on the lower end and $?488.08 on the high end. Compared to today’s price, Monero could gain 223.82% by 2030 if it reaches the upper price target.

Monero Price Forecast Based on Technical Analysis

Sentiment

Bearish

Based on data from October 09, 2024 at 00:23, the general Monero price prediction sentiment is bearish , with 8 technical analysis indicators signaling bullish signals, and 22 signaling bearish signals.

XMR price prediction was last updated on October 09, 2024 at 00:23.

Monero's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

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Based on our technical indicators, Monero's 200-day SMA will rise in the next month and will hit $?158.38 by Nov 08, 2024. Monero's short-term 50-Day SMA is estimated to hit $?162.02 by Nov 08, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 33.59, which indicates that the XMR market is in a neutral position.

Popular XMR Moving Averages and Oscillators for Wed, Oct 09, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$?147.45BUY
SMA 5$?145.99BUY
SMA 10$?147.98BUY
SMA 21$?160.62SELL
SMA 50$?165.21SELL
SMA 100$?160.47SELL
SMA 200$?153.13SELL

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$?159.42SELL
EMA 5$?160.82SELL
EMA 10$?159.51SELL
EMA 21$?157.52SELL
EMA 50$?157.10SELL
EMA 100$?154.81SELL
EMA 200$?151.83SELL

Weekly Simple Moving Average (SMA)

PeriodValueAction
SMA 21$?213.70SELL
SMA 50$?164.44SELL
SMA 100$?159.55SELL
SMA 200$?150.66BUY

Weekly Exponential Moving Average (EMA)

PeriodValueAction
EMA 21$?156.41SELL
EMA 50$?153.46SELL
EMA 100$?155.86SELL
EMA 200$?151.48SELL

Monero Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

PeriodValueAction
RSI (14)33.59BUY
Stoch RSI (14)34.64NEUTRAL
Stochastic Fast (14)22.13NEUTRAL
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)50.37SELL
Awesome Oscillator (5, 34)-18.56NEUTRAL
Momentum (10)-19.52NEUTRAL
MACD (12, 26)-1.66NEUTRAL
Williams Percent Range (14)-77.87NEUTRAL
Ultimate Oscillator (7, 14, 28)35.71NEUTRAL
VWMA (10)149.18SELL
Hull Moving Average (9)143.59BUY
Ichimoku Cloud B/L (9, 26, 52, 26)157.14NEUTRAL

Monero Key Price Levels

Based on today's classical pivot point (P1) with the value of $?148.22, Monero has support levels of $?146.27, $?142.97, and the strongest at $?141.02. Similarly, Monero resistance levels are at $?151.52, $?153.47, and $?156.78.

Support Levels

#PriceStrength
S1$?146.27  
S2$?142.97  
S3$?141.02  

Resistance Levels

#PriceStrength
R1$?151.52  
R2$?153.47  
R3$?156.78  

Monero Correlation

Over the past 7 days, Monero price was most positively correlated with the price of Bitcoin Cash (BCH), Flow (FLOW), Chainlink (LINK), Litecoin (LTC) and Tezos (XTZ) and most negatively correlated with the price of Flare (FLR), TRON (TRX), Stacks (STX), Immutable X (IMX) and Sui Crypto (SUI).

Positively Correlated Currencies

NameCorrelation
0.775
0.770
0.769
0.768
0.765

Negatively Correlated Currencies

NameCorrelation
-0.526
-0.225
-0.077
-0.035
-0.016

Monero price is positively correlated with the top 10 coins by market cap with a price of 0.544, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.477.

Currencies that are positively correlated with Monero indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Monero, a move in one direction for Monero would translate into a move in the opposite direction for the negatively correlated coin.

Monero Price Prediction for Tomorrow and Next Week

DatePriceChange
Oct 10, 2024 $?149.42 0.00%
Oct 11, 2024 $?154.66 3.51%
Oct 12, 2024 $?159.26 6.58%
Oct 13, 2024 $?171.06 14.48%
Oct 14, 2024 $?167.36 12.01%
Oct 15, 2024 $?169.59 13.50%
Oct 16, 2024 $?167.46 12.07%
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The Monero price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Monero projections, XMR will be changing hands at $?167.46 on Oct 16, 2024, gaining 12.07% in the process.

Monero Historical Price Performance

Change1H24H7D1M3M6MYTD1Y3Y5YALL
MoneroUS Dollar XMR/USD -0.15%3.53%-0.18%-11.72%-5.08%13.00%-8.38%-1.82%-46.18%171.23%6,005%
MoneroBitcoin XMR/BTC 0.00%3.64%-1.71%-22.55%-12.07%28.52%-38.03%-56.62%-52.03%-62.88%-52.31%
MoneroEthereum XMR/ETH 0.05%3.11%1.48%-17.15%20.51%64.22%-14.00%-36.18%-21.38%-78.84%--
MoneroTether XMR/USDT -0.15%3.53%-0.18%-11.72%-5.08%13.00%-8.38%-1.82%-46.18%171.23%6,005%

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 down .

DateOpenHighLowCloseVolumeMarket Cap
Oct 9, 2023$?156.47$?156.51$?152.21$?154.23$?95.82M$?2.84B
Oct 9, 2022$?147.26$?148.94$?145.36$?145.75$?82.83M$?2.68B
Oct 9, 2021$?278.35$?282.18$?274.72$?278.44$?258.16M$?5.01B
Oct 9, 2020$?111.11$?117.29$?108.15$?115.46$?360.53M$?1.99B
Oct 9, 2019$?55.96$?57.42$?55.25$?57.34$?69.66M$?971.95M

Monero Price Prediction FAQ

What is Monero's price prediction today?

Based on our Monero prediction chart, the price of Monero will increase by 0.00% and reach $?149.42 by Oct 10, 2024

What is Monero price prediction for tomorrow?

Monero is predicted to gain 0.00% and reach a price of $?149.42 tomorrow.

What is the Monero price prediction for this week?

According to our Monero price prediction, XMR is forecasted to trade within a price range of $?149.42 and $?167.36 this week. Monero will increase by 12.01% and reach $?167.36 by Oct 14, 2024 if it reaches the higher value target.

What is the Monero price prediction for next week?

The Monero price prediction for next week is between $?167.36 on the lower end and $?161.31 on the high end. Based on our XMR price prediction chart, the price of Monero will decrease by -3.62% and reach $?161.31 by Oct 21, 2024 if it reaches the upper price target.

What is the Monero price prediction for 2024?

Monero is forecasted to trade within a range of $?149.42 and $?211.26. If it reaches the upper price target, XMR could increase by 40.16% and reach $?211.26.

What is the Monero price prediction for 2025?

According to our Monero price prediction, XMR is forecasted to trade within a price range of $?149.42 and $?583.22 next year. Monero will increase by 286.94% and reach $?583.22 if it reaches the higher value target for 2025.

What is the Monero price prediction for 2030?

The Monero price prediction for 2030 is between $?180.81 on the lower end and $?488.08 on the high end. Based on our XMR price prediction chart, the price of Monero could gain 223.82% and reach $?488.08 if it reaches the upper price target.

Will Monero reach $1,000?

Monero would need to gain 563.46% to reach $1,000.  According to our Monero prediction algorithm, Monero will hit $1,000 in May 2033.

Will Monero reach $10,000?

Monero would need to gain 6,534.55% to reach $10,000.  According to our Monero prediction algorithm, the price of Monero will not reach $10,000. The highest expected price our algorithm estimates is $?3,053.96 by Jan 1, 2049.

Will Monero reach $100,000?

Monero would need to gain 66,245.51% to reach $100,000.  According to our Monero prediction algorithm, the price of Monero will not reach $100,000. The highest expected price our algorithm estimates is $?3,053.96 by Jan 1, 2049.

What is the current Monero sentiment?

The current Monero sentiment is bearish according to our technical analysis. The majority of technical indicators are showing sell.

What is the Monero Fear & Greed Index and what does it indicate?

Currently, the Monero Fear & Greed Index stands at 49, which means that investors’ sentiment is in the so-called Neutral zone.

The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Monero investors’ sentiment, and is based primarily on Bitcoin-related market data.

Overall, the Fear & Greed Index indicates the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, and 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell.

Is it profitable to invest in Monero?

Over the last 30 days, Monero had 13/30 (43%) green days. According to our historical data, it is currently not profitable to invest in Monero. The price of Monero decreased by -1.82% in the last 1 year, while the coin’s 3-year performance is -46.18%.

Is Monero a good buy in 2024?

Based on multiple technical quantitative indicators, the current forecast for Monero in 2024 is bearish. This could be an indication that Monero is a bad buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Monero or not.

What will the price of Monero be next week?

According to our Monero forecast, the price of Monero will increase by 12.01% over the next week and reach $?167.36 by October 14, 2024.

What will the price of Monero be next month?

According to our Monero forecast, the price of Monero will increase by 5.35% over the next month and reach $?157.42 by November 8, 2024.

What is Monero's 50-Day SMA and what does it indicate?

Monero’s 50-day SMA (simple moving average) is currently $?165.21. The 50-day SMA indicates the average price of Monero over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive XMR price trend in the medium term, while a dropping SMA indicates the opposite.

The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.

What is Monero's 200-Day SMA and what does it indicate?

Monero’s 200-day is currently $?153.13. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising Monero 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that XMR has been trending downwards over the long term.

Many cryptocurrency traders pay close attention to the markets when the current Monero price crosses an important moving average like the 200-day SMA.

The 200-day SMA is calculated by taking Monero’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

What is Monero's 14-day RSI and what does it indicate?

Monero’s 14-day RSI is at 33.59, indicating that XMR is currently neutral.

The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Monero. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

Will Monero go back up?

Based on our algorithmically generated price prediction for Monero, the price of XMR is expected to decrease by 5.35% in the next month and reach $?157.42 on Nov 8, 2024. Additionally, Monero’s price is forecasted to gain 124.57% in the next six months and reach $?335.56 on Apr 7, 2025. Finally, Monero is expected to trade at $?349.16 on Oct 9, 2025, following a 133.67% value decrease in one year.

How does our price prediction for Monero work?

The Monero price prediction on CoinCodex is calculated using the historical Monero price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Monero prediction.

Monero Price Analysis

How to read and predict Monero price movements?

Monero traders use a variety of tools to try and determine the direction in which the XMR market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Monero price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Monero Price Prediction Indicators

Moving averages are among the most popular Monero price prediction tools. As the name suggests, a moving average provides the average closing price for XMR over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for XMR is a sum of XMR’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the XMR price moves above any of these averages, it is generally seen as a bullish sign for Monero. Conversely, a drop below an important moving average is usually a sign of weakness in the XMR market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the XMR price.

How to read Monero charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Monero with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Monero’s price action in 1-hour chunks. Each candlestick will display XMR’s opening price, closing price, as well as the highest and lowest prices that Monero reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Monero?

Just like with any other asset, the price action of Monero is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of XMR. The market capitalization of Monero can change significantly in a short period of time.

When trying to make a Monero forecast, many traders also try to monitor the activity of XMR “whales”, which are entities and individuals that control large amounts of XMR. Since the Monero market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Monero’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

Here are some of the most commonly followed bullish candlestick patterns:

Here are some common bearish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers
  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

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