XMR Price May Touch 500 USD In 2019

[Mac_Doson]

What Is Monero (XMR)?

Monero is a special kind of digital cryptocurrency system, which uses cryptography to ensure that all the transactions remain untraceable. Monero was created in 2012 and its a fork of the Bytecoin blockchain, which was initially named Bitmonero.

The best part about Monero is that it is fungible and you have complete control over your currency and transactions. Monero has no pre-set size limit like Bitcoin has, that means malicious miners can clog up the system with disproportionately huge blocks.

Market Prediction For Monero Price 2019

With the market being volatile, predicting the cryptocurrency price is really one of the most difficult tasks.

Let’s consider the Monero (XMR) price prediction from major distinct sources, which will give us a fairer idea:

#1 LongForecast

It is a forecasting agency which is specialized to predict the financial market, which has even predicted more than 100 cryptocurrencies. LongForecast predicts that Monero might be in the range of $554-$638 in April 2020 and go up to $810- $945 by December 2020.

#2 Trading Beasts

Trading beasts display that Monero can reach around $150 within a year which means it can roughly reach about $200 by 2020.

#3 Crypto Ground

Crypto ground is a cryptocurrency prediction website which states that Monero might reach $118.02 by the end of 2019. In 5 years, XMR has a good possibility that it might reach $496.82, might even reach the $500 mark if the market is calm enough.

#4 Profit Confidential

Profit Confidential shares the prediction data based on factors like the current market trends, the technology, and the team. They predicted that Monero might soar up to $350 by the end of 2019.

While other cryptocurrencies in circulation are actually pseudonymous, Monero is an anonymous cryptocurrency, which is why it has a gained a lot of growth and traction in the recent months. With many users looking for anonymous cryptocurrencies in the near future to perform their transactions, industry experts recommend investors to buy Monero at the current price levels in order to get better returns in the future. You can convert XMR to BTC from CoinSwitch at best rates.

[muslol67]

XMR is a good coin, but hasn't shown any serious improvement for a long time. As a lot coin and his team are working hard, XMR remained silent.

[Wexnident]

After it hit its all time high last year at $480 it won't be surprising if it will be going for it again. It remained silent for a long time and declines slowly after the ath but i guess it will just be like bitcoin on hibernating stage preparing for another pump this year or maybe next year.

[jessyj48]

Its been long time since xmr has better improvement to there blockchain or any roadmap apart from forks I'm not saying its not possible to reach the 500$ spot but I hope there will be some future upgrades that can really help xmr ,no doubt the coin is one of the best privacy coins out there

[Lassie]

XMR will probably reach $500 this year if bitcoin price will go up to $20000 but with the current price it will be very hard for XMR to reach that milestone.

[qwizzie]

In order to get a price increase a cryptocurrency either needs a lot of hype (which is easy when you start a project but a lot harder when you have an already established project) or it needs
a specific use case (pref several use cases). A use case that investors can regnonice and see potential in.

Throughout 2018 and into 2019 Monero is lagging behind in transactions and traded volume, compared to its direct competitors.
Monero managed to get itself cornered in a niche market, the privacy-centric-only market (to be fair there are some other crypto projects like Zcash who are in that same situation but they have more transactions / volume)
Monero's ASIC debacle (its network is currently overrun by ASIC miners ,while it suppose to be an ASIC resistant network), together with the possiblity of needing recurring hard forks to block ASIC miners could potentially turn investors off

What are Monero's use cases ? What are its unique selling points ?

  

[NeuroticFish]

XMR is a good coin, but hasn't shown any serious improvement for a long time. As a lot coin and his team are working hard, XMR remained silent.

Imho Monero had some improvements, but somehow the team tries quite hard to avoid too much advertising. I would not be fooled by that  
On the other hand, although I'd be more than happy to see such price (I own a few XMR) it's hard to achieve it, especially since some exchanges seem to be afraid to list this coin (and some even think it's used only for criminal activity).

[Quintrix]

They have not reached to that level and I would like to see them going to that level, but it would take a bull run and all the coins reaching their all-time high again for Monero to reach to that price level, it's a good coin they deserve a spot in the top 5 coins in the market.

[vindermarch]

I think it's difficult for XMR to touch $500. The highest price XMR  is $ 494 and that is in January 2018. I think it still takes a long time for XMR to touch the price of $500.

[enhu]

I think it's difficult for XMR to touch $500. The highest price XMR  is $ 494 and that is in January 2018. I think it still takes a long time for XMR to touch the price of $500.

Nothing can stop them from moving up. Although there are some coins that competes this project XMR still had maintained it position above even with this bear market. You might not heard of where the coin is being used and which merchants are accepting it but the volume of this coin is astonishing. $500 may be too high to accomplish this year but yes its still possible if indeed the bullrun continues this year,

[CoinsOrDie]

So that means that in 2019 the crypto market will surpass 2017 and prices will set a new record. Please stop such delusional thoughts because in 2019 we will not be able to see any bull market like 2017, We are in recession and we need to wait a long time for it can take place. In 2019 I only believed that Monero could reach 100 $

[marks1976]

Even the black market more interested in used bitcoin as the main payment system rather than monero. All of things that you gave in this thread based on the technical analisys only and that can't become the strong reason for that.

[Mac_Doson]

I don't see how's everyone opinion will help you on your main concern. Every statement will just be a speculative ones. It's unpredictable.

Plan on what will you do accordingly to your own view about the situation.

No matter what the trend is, what matters here is continous accumulation of Monero as much as we can no matter what's the price is. Risky? Yes but you should already understand that the moment you enter the world of crpyto.

[Febo]

Monero was created in 2012 and its a fork of the Bytecoin blockchain, which was initially named Bitmonero.

Monero launched in April 2014. I believe 16th but am not totally sure.

I would rather invest into MimbleWible coins: Grin or Beam that solve the future problem of scalability. Monero has now very big blockchain, how big will be in few years?

It will reduce by more then half in a month time.  Monero can scale pretty nice.

What are Monero's use cases ? What are its unique selling points ?  

Definitely a digital cash. Unique because of fungibillity that makes cash a real cash.

[Mac_Doson]

XMR is a good coin, but hasn't shown any serious improvement for a long time. As a lot coin and his team are working hard, XMR remained silent.

For me, XMR is still pretty good and reliable and able to provide benefits one day. There is no anxiety for me to continue to hold XMR that I have, because surely when the price of crypto rises again, XMR and other coins will rise too.


I think there is no need to stay away from XMR, all that is needed is to play safe and pick the right spots

Every token on coimarketcap at one point or the other has done manipulation and it is not new.
But there are alot of uncertainties in crypto currency .

[Febo]

XMR is a good coin, but hasn't shown any serious improvement for a long time. As a lot coin and his team are working hard, XMR remained silent.

That is total bullshit. Monero have protocol upgrades every half year. With huge improvements. Monero code is basically totally different then it was in 2014 as bitmonero. Half year ago with bulletproofs transaction sizes and fees reduced by factor 8. In a month when is next protocol upgrade blockchain size will reduce on half. And there will be many many new upgrades.  Monero is not without any result the coin with most developers activity on github. There have to be result of hard work. And all this is achieved with a classic open source project founded by community.  It is just amazing!

[BQ]

Monero is currently, just as any other crypto, more or less tied to Bitcoin.
Sure Monero can go to $400 - just at has been before. but that was following Bitcoin.
there is not much development wise that could give Monero alone any push.

[cryptofirm]

Doubt that it will go as high as that. Unless the market moves as a while we won't be seeing Monero price above $100 this year. The bears are in control.

everything is possible in crypto world my friend
i believe XMR could go more than $300 in this year my friend,,
because XMR is the best privacy coins for now 

[Nivia1st]

I like Menero, they have unique technology. but if I talk about prices, I think it's difficult to use it. imagine $500 is a pretty high price, this is only a game of speculators so that many are interested. tragically this is very unrealistic even if the market is being pumped, the price of XMR will never reach $500.

[Minor Miner]

What Is Monero (XMR)?

Monero is a special kind of digital cryptocurrency system, which uses cryptography to ensure that all the transactions remain untraceable. Monero was created in 2012 and its a fork of the Bytecoin blockchain, which was initially named Bitmonero.

The best part about Monero is that it is fungible and you have complete control over your currency and transactions. Monero has no pre-set size limit like Bitcoin has, that means malicious miners can clog up the system with disproportionately huge blocks.

Market Prediction For Monero Price 2019

With the market being volatile, predicting the cryptocurrency price is really one of the most difficult tasks.

Let’s consider the Monero (XMR) price prediction from major distinct sources, which will give us a fairer idea:

#1 LongForecast

It is a forecasting agency which is specialized to predict the financial market, which has even predicted more than 100 cryptocurrencies. LongForecast predicts that Monero might be in the range of $554-$638 in April 2020 and go up to $810- $945 by December 2020.

#2 Trading Beasts

Trading beasts display that Monero can reach around $150 within a year which means it can roughly reach about $200 by 2020.

#3 Crypto Ground

Crypto ground is a cryptocurrency prediction website which states that Monero might reach $118.02 by the end of 2019. In 5 years, XMR has a good possibility that it might reach $496.82, might even reach the $500 mark if the market is calm enough.

#4 Profit Confidential

Profit Confidential shares the prediction data based on factors like the current market trends, the technology, and the team. They predicted that Monero might soar up to $350 by the end of 2019.

While other cryptocurrencies in circulation are actually pseudonymous, Monero is an anonymous cryptocurrency, which is why it has a gained a lot of growth and traction in the recent months. With many users looking for anonymous cryptocurrencies in the near future to perform their transactions, industry experts recommend investors to buy Monero at the current price levels in order to get better returns in the future. You can convert XMR to BTC from CoinSwitch at best rates.

Hell yeah, and ADA can reach 100$ as well. Where the heck do you get this kind of such a silly forecasts?
Every time it's only a shot in the dark. What's the point to say that without any plausible technical analysis?