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Home Crypto News Price Analysis: Monero (XMR) Price Decreased More Than 5% Within 24 Hours
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Price Analysis: Monero (XMR) Price Decreased More Than 5% Within 24 Hours

  • by Sofiya
  • 2024-07-05
  • 0 Comments
  • Less than a minute
  • 1095 Views
  • 2 years ago
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Price Analysis: Monero (XMR) Price Decreased More Than 5% Within 24 Hours

The price of Monero (XMR) has decreased 5.87% over the past 24 hours to $156.49, continuing its downward trend over the past week of -6.0%, moving from $165.96 to its current price.

Price Analysis: Monero (XMR) Price Decreased More Than 5% Within 24 Hours
Monero Price Chart | Source: Coinstats

 

The chart below compares the price movement and volatility for Monero (XMR) over the past 24 hours (left) to its price movement over the past week (right). 

Price Analysis: Monero (XMR) Price Decreased More Than 5% Within 24 Hours
Monero Price and Volatility Chart

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Monero’s trading volume has climbed 50.0% over the past week along with the circulating supply of the coin, which has increased 0.15%. 

Price Analysis: Monero (XMR) Price Decreased More Than 5% Within 24 Hours
Monero Circulating Supply and Trading Volume

 

This brings the circulating supply to 18.45 million. According to our data, the current market cap ranking for XMR is #33 at $2.89 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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