Will Monero Reach $500 in 2019?

[TravelMug]

Last all time high - $542.
Current price - $86

So that's about 85% down from its previous highs. So I doubt that it can even reach $200 this year. I was thinking that it could be somewhat stable around $100-$200 only. And what till the real bull run in 2020. The so called spike we have seen so far is just mini runs to me.

I'm expecting that something big will only happen in 2020-2021.

[kolonel_x]

although in the crypto world there is nothing impossible but it is hard for me for monero to penetrate more than that, even higher than the price of ethereum. it takes a long time for that and not this year

[jabrix]

No it won't. I believe monero is a good alt. But i'm pessimistic to see monero goes to $500 in just several months remaining. Bearish market always come and drop monero price. But i hope the price will raise again since bitcoin and other alts price are in a good trend.

I agree with you that Monero will not reach the price of USD 500 until the end of this year. On this day July 27, 2019 the price of Monero is still at USD 81 so to reach USD 500 is of course very difficult.
If Monero have the opportunity to rise significantly, of course, the highest according to me is USD 250. Even then it has passed a very crowded trade where the capitalization is very large so that the trust in the Monero coin increases so that the impact of prices will rise immediately.

[vanmoreno]

this might happen but this is very heavy for monero to the value of $ 500 for this year, seeing the current market conditions are very heavy because it is still up and down unstable and investors are currently still interested in buying bitcoin, so it is very heavy

[eidoscore]

I don't really understand Monero, but if we look at the current market conditions and the current price of Monero, it is still possible to touch the price of 500 $.
because this time the bullrun will definitely make the altcoin definitely going up.

[AUruHM]

Sure no. I compare development, features, PR and some other details from several anon coins for self. And I can solidly say that we will not see XMR by $500 in 2019. Many investors try to watch on the 2017 situation as a sample and etalon. But today is not the same. Every day has own features and own reasons for growth. And 2019 is not the XMR time