Will Monero Reach $500 in 2019?

[CryptoInsights]

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

This price prediction of XLM was done long back on Jan 9th:

XLM Price Analysis:

Stellar (XLM) project enables low-cost interbank transfers across countries in less than 5 seconds. The Stellar Development Foundation is also working to enable access to the financial world for the unbanked.

Source: https://coinswitch.co/news/top-performing-coins-in-jan-19-week-2-waves-xlm-ardor-analysis

Bullish Case
XLM has been hovering around the long term horizontal support (green bar)and surged 15% before correcting to the same level again and is one of the best performing cryptocurrencies this month.

If it manages to hold the current level then it might try to test and break the next resistance zone (red bar) which would be bullish for mid-term. Bullish momentum would be confirmed when the resistance zone (1st red bar) is broken and retested with buying interests.

Bearish Case
If the current support level (1st green bar) doesn't hold up in the coming days then it would be pretty bearish for the asset and it would test the last support level around 0.00002200 -0.00002100 satoshi level.

trading view link:
https://www.tradingview.com/chart/XLMBTC/UnvDKZeG-Stellar-XLM-BTC/

[airdropan]

too hard to hapend on this years
since market still not stable, even bitcoin itself can't survive and go up
maybe on 2020

[MOProgress]

I don't think that Monero can get to $500 this year 2019, it it can even get to $200 with the way the market is going, I will be okey with it.

[Jungleman88]

It depends of what the market does, I think of the market picks up a little but then monero could hit $200 possibly

[Fola3la3]

Yes, tether should be avoided, but if you were able to invest into crypto as a whole, I would put my pension on that. Probably just invest into the top 10 coins propotionally to thier marketcap. When the market goes up over the next 10 years, you win... Sure there will need to be some rebalancing as new coins join the list and old ones fade but all in all, I believe crypto is here to stay.

[semobo]

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

It only depends on the price of bicoin just like other altcoins,even if the Monero is one of the best altcoin people just rely on the growth of bitcoin to make their investment into crypto currencies.

[Gontxi]

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

there are many predictions for Monero and other altcoins. however, I don't think there is an accurate forecast, there are many competitors for Monero, I prefer more ripples with the potential to generate long-term profits.

[ujinice]

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

Of course not, I do not see any reason for the growth of this cryptocurrency, besides there is a possibility that anonymous coins can be prohibited and removed from centralized exchanges.

[Petell73]

Monero has a lot of support because of the technology is uses to stay private and this is what holders like about this coin.

[bittraffic]

If SEC are really going to crack down cryptocurrencies people might turn into these anon coins and Monero would be their first choice when that happen. So far though we are not seeing that yet to happen but then the possibilities are there. Monero has been one of the oldest coin out there with the features of its kind that people who values privacy prefer.

[Skelip]

Not in 2019 but maybe in a few years if the cryptocurrency market grows then we could see monero at $500

[VIP BTC]

monero is an altcoin that is highly developed among other altcoins, I see the monero market is very potential, but in my opinion monero needs time to develop at the rate of $ 500, because monero is only based in mining, it needs concept development to get a price of $ 500.

[Nggedebus]

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

If we look on the current price of monero, it seems to be an impossible thing to happen, to be able to increase that much would takes so much people to make a purchase on monero, without any one of them tried to dump the coins.

[JacksonT7]

If governments crack down on cryptocurrencies many people will buy up monero to keep their money private, so monero could be a worth while investment.

[dark08]

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

If we look on the current price of monero, it seems to be an impossible thing to happen, to be able to increase that much would takes so much people to make a purchase on monero, without any one of them tried to dump the coins.

It's far away from the current price so I agree to you this prediction is so impossible I think ethereum can reach this amount but for monero its far far away from the reality even the project are really interesting and have a good developer this amount to reach is impossible to get before the end of this year 😁😁
Just my opinion and prediction for monero.

[cabron]

monero is an altcoin that is highly developed among other altcoins, I see the monero market is very potential, but in my opinion monero needs time to develop at the rate of $ 500, because monero is only based in mining, it needs concept development to get a price of $ 500.

Dude the community of Monero includes those in the darkweb, its not just here in the bitcoin community who wants privacy but those who are buying staff privately. This involves a lot of community who are into something.

If governments crack down on cryptocurrencies many people will buy up monero to keep their money private, so monero could be a worth while investment.

The worse thing that could happen in crypto can also be an advantage to one. Its not just Monero that we can turn to though, there are more anon coins like Komodo.

[Aryleeto]

I think all chances there is , if of course only will very the good news on coin I think there is chance that will cost higher 500, but I think such a the price can be by the end of this year!

[Caladonian]

We can't dictate what tomorrow can bring us, monero is one of those old pal of Bitcoin, though the value is still far and this predictions is still inside the bearish market maybe 2019 can't bring the hype but the next following years will do, as long as there's progress and there's still lots of support behind reaching this amount will be possible in the long term process.

[makerst]

If the verification of the projects will continue, I think that most people will try to use cryptocurrencies that have anonymity, but on the other hand, it’s Monero that can be developed by special security services today.

[AjithBtc]

If there is a bull market same as the one happened by 2017, then we might see Monero reaching the price above $500. Earlier the ath of Monero was found close to $500. The team behind Monero is quite good and lot of miners have good dependence on Monero as it is easy mineable in comparison to other top altcoins listed to coinmarketcap.