Monero Price forecast: Is XMR on the way to $ 235 after the Golden Cross?
Monero Price forecast: Is XMR on the way to $ 235 after the Golden Cross?
- The Golden Cross signals a potential increase in the Monero Prize.
- Monero (XMR) could reach $ 235, but volatility and government measures against privacy coins are a real risk.
- The XMR Prize must stay over $ 200 and increase over $ 230 to try $ 235.
Since its market launch in 2014, Monero (XMR) has developed a niche by offering safe, unexpected transactions about advanced cryptographic techniques such as ring signatures and stealth addresses.
In contrast to Bitcoin, in which transaction details are an open book, Monero transmitter, recipient and amount keeps secret of what makes it a preferred choice for those who appreciate financial discretion.
XMR price forms a golden cross in the hourly chart
While the Monero Blockchain is praised because of its privacy, its native token, XMR, has been on a roller coaster ride since its high of $ 239.18 in February.
The privacy coin has reached lower highs and lower lows until April 7, 2025 when it reached a low of $ 185.60 on octopuses and began to move up again.
At the time of reporting on April 16, 2025, the Monero Prize rose to about $ 219, after a golden cross on April 13, 2025.
After he fell to $ 165 at the beginning of the year and then risen sharply to about $ 219, Monero's recent price movements tell a history of relaxation.
The Golden Cross has increased optimism, with most investors expect an increase over $ 230 instead of a decline towards support at $ 200.
This optimism is based on technical signals and a fear and greed index that shows fear of what could turn into a shopping frenzy.
more cautious estimates place Monero (XMR) between $ 185 and $ 279, with the performance of Bitcoin, regulatory changes and the growing demand for privacy in digital transactions play a role in the design of these views.
The past performance also offers some clues. In 2017, Monero scored $ 13.79 to $ 349.55 within one year, which proves that it is able to make big jumps.
But today's landscape is more tricky, with stricter regulations and competing privacy coins.
If the Monero Prize stays over $ 200 and $ 230 overcomes, $ 235 looks plausible, although the wider market trends will have the last word.
The article Monero Prei -forecast: Is XMR on the way to $ 235 after the Golden Cross? first appeared on coin journal.
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