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Price Analysis: The Price of Monero (XMR) Rises More Than 3% In 24 hours

Price Analysis: The Price of Monero (XMR) Rises More Than 3% In 24 hours

Over the past 24 hours, the price of Monero (XMR) has risen 3.51% to $156.92. 

Monero Price Chart | Source: Coinstats

 

This continues its positive trend over the past week where Monero (XMR) has experienced a 1.0% gain, moving from $154.21 to its current price. 

As it stands right now, the coin’s all-time high is $542.33.

See Also: Price Analysis: EOS Started A fresh Decline, Indicators Suggest Bearish Bias Below $0.72

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). 

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.

The trading volume for the coin has tumbled 13.0% over the past week while the circulating supply of the coin has risen 0.05%. 

Monero Circulating Supply And Trading Volume

 

This brings the circulating supply to 18.15 million. According to our data, the current market cap ranking for XMR is #29 at $2.84 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.