Monero was trading at the value of above 100$ at the beginning of November, recording 112$ already on November 6th as the crypto managed to collect some gains in the first week of November.
However, on the first day of December XMR is seen at the price of 57$ to which it dropped with the latest cuts in the market for Monero.
Although one of the top privacy coins, XMR left the top ten list of live trading currencies, now taking the spot of the 11th largest crypto in the market.
In order to get back to the top 10, Monero will surely need to collect more positive momentum in the following weeks.
But, how will XMR perform in the following months and years based on its present pace of growth?
Monero (XMR) Price Prediction for 2018
XMR made it to an all-time high of over 520$ back in January at the beginning of 2018 when the majority of cryptos were heading towards their record prices.
Since then, during the course of 11 months, Monero lost over -89% of its value, currently being traded at the price of 57$.
Monero (XMR) Price Today – XMR / USD
In the meanwhile, on the first day of December the majority of cryptocurrencies is going down against the fiat, also pulling XMR down by over 3% in less than 24 hours.
In worst case scenario, based on the present rate of growth of XMR in the market, Monero might end the year at a new low of 30$ per one unit, without a clear possibility of trading further above the value of 50$.
In case the statistics improve in the following weeks, Monero could potentially go over the value of 100$.
Monero (XMR) Price Prediction for 2019
Analysts are predicting another bear year from the upcoming 2019 as the market trends are not going in favor of cryptocurrencies for the past several months, having 2018 marked as the year of dips.
In case the trends fail to improve by 2019, XMR might start the year at the price of around 30$, which could consequently lead to new low and new dips with the minimum price of around 15$.
However, more optimistic predictions claim that XMR could reach the value of over 130$ in 2019, going up towards 200$ and up as its maximum value for 2019 in the best case scenario.
Monero (XMR) Price Prediction for 2020
In case Monero would acquire enough momentum to send it to the moon, XMR could go to the minimum of 170$ in 2020, rising to reach a new maximum price of 310$ by the end of 2020.
But, not all predictions are enthusiastic for XMR in 2020 as it is presumed that Monero won’t be able to go above the price of 50$ to 60$ in the next two years, pressed by the negative market trends.
Monero (XMR) Price Prediction for 2025
It is considered that by 2025 the market should have already acquired a more stable momentum, also providing a form of immunity to sudden and prolonged dips.
In that case, it is considered that XMR might reach the minimum f 270$ in the course of the next 6 years, while more enthusiastic predictions imply that XMR might get back to its record price and go over 500$, rising towards 600$ and up.