6 min readPublished On: August 19, 2023By

Monero is the 26th largest cryptocurrency by market cap, commanding a $ 2.66B capitalization. Since it first started trading in 2014, the price of XMR, the native cryptocurrency of the Monero network, increased by 5,772%.

In this article, we are going to examine Monero price predictions for 2023, 2024, 2025, and 2030 and try to determine whether Monero can reach $ 1,000.00.

Monero price prediction key takeaways

Monero price prediction 2023

According to our Monero price prediction for 2023, XMR is expected to trade between $ 108.78 and $ 146.96, with an average price of $ 123.67. At the end of the year, XMR is expected to trade at $ 116.00.

Monero price prediction 2024

Monero is forecasted to reach a high of $ 152.30 next year, with an average XMR price of $ 126.57. On the low end, Monero is expected to bottom out at $ 102.19 in 2024. By the end of the year, we could see Monero change hands at $ 149.61.

Monero price prediction 2025

In 2025, Monero could see a peak price of $ 456.67 and a low of $ 138.52. The average Monero price prediction for 2025 is $ 234.81. By year’s end, XMR is expected to trade at $ 286.91.

Monero price prediction 2030

On a longer time scale, our Monero price forecast for 2030 projects XMR to reach a maximum price of $ 699.54. Conversely, XMR could trade as low as $ 235.13 during the year, whereas the average Monero price is predicted to move around $ 445.52. By the end of 2030, Monero is predicted to trade at $ 335.59.

Monero (XMR) overview

CryptocurrencyMonero
TickerXMR
Market Cap$ 2.66B
24H Trading Volume$ 69.46M
Circulating Supply18.32M
Total Supply18.20M
7-Day Price Change-7.92%
1-Month Price Change-13.69%
1-Year Change-5.29%
Monero ROI5,772%
All-Time High$ 593.42
All-Time Low$ 0.212967
Data provided by CoinCodex

With a circulating supply of 18.32M XMR, the Monero cryptocurrency project commands a market cap of $ 2.66B, good for the 26th spot in the crypto market.

In the last 24 hours, $ 69.46M worth of XMR changed hands across 58 crypto exchanges, with Binance accounting for the largest share of XMR trading volume.

Monero price history

The price of Monero has been trending in the positive direction in the past 24 hours, increasing by 1.07% to $ 144.96. In the past week, Monero’s price lost -7.92%.

In addition, Monero lost -13.69% in the past month, having traded in the green zone in 16 of the last 30 days.

On a longer time horizon, Cardano saw negative price activity in the last 3 months, underscored by the -13.69% move to the bottom. Meanwhile, the price of XMR decreased by -5.29% in the past year. Overall, Monero is trading up 5,772% since it first started trading in 2014.

Monero technical analysis

Based on technical indicators tracked by InvestMage, investor sentiment regarding Monero is currently bearish, with medium volatility score of 2.63% (volatility is a measure of an asset’s price fluctuations).

Monero is changing hands above the 200-day simple moving average (SMA), a common bearish signal. Also, the price of XMR is currently above the 50-day SMA, which is widely regarded as a bearish indicator.

The Fear & Greed Index, a popular measure of market sentiment, is 39 (Fear). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 25.66, indicating that XMR is changing hands in overvalued zone. Overall, there are 3 technical analysis indicators that indicate bullish market activity, and 27 that forecast bearish activity for Monero.

Monero price predictions 2023-2030

YearMinimum PriceAverage PriceMaximum Price
2023$ 108.78$ 123.67$ 146.96
2024$ 102.19$ 126.57$ 152.30
2025$ 138.52$ 234.81$ 456.67
2026$ 161.20$ 238.94$ 331.41
2027$ 177.35$ 197.87$ 222.81
2028$ 74.54$ 140.19$ 214.37
2029$ 173.23$ 438.19$ 1,041.32
2030$ 235.13$ 445.52$ 699.54

According to our long-term Monero prediction, the cryptocurrency is expected to reach a high point of $ 1,041.32 at some point in May 2029. On the other end of the spectrum, Monero could bottom out at $ 74.54 in March 2028. Per the prediction, Monero will have the highest average price of $ 445.52 in 2030.

With a brief overview of Monero price predictions for 2023 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for XMR.

Monero price prediction 2023

MonthMinimum PriceAverage PriceMaximum Price
September$ 116.25$ 131.65$ 139.70
October$ 114.13$ 119.71$ 126.93
November$ 111.38$ 122.21$ 130.40
December$ 108.78$ 114.84$ 122.06

This year, Monero is expected to trade in a price range between $ 108.78 and $ 146.96, with the average price of $ 123.67 per XMR coin. The price of XMR is expected to decrease by -19.98% by the end of the year.

Monero price prediction 2024

MonthMinimum PriceAverage PriceMaximum Price
August$ 129.21$ 136.56$ 146.96
October$ 114.13$ 121.73$ 137.01
October$ 117.70$ 123.60$ 130.40
December$ 110.25$ 116.42$ 122.06
December$ 108.78$ 117.75$ 132.08
January$ 122.21$ 136.82$ 151.10
March$ 102.19$ 123.93$ 145.34
March$ 106.49$ 116.01$ 124.37
April$ 116.58$ 125.09$ 132.76
May$ 122.46$ 127.76$ 133.54
June$ 122.27$ 128.43$ 136.57
July$ 130.57$ 143.38$ 152.30

In 2024, Monero is forecasted to trade in a price channel between $ 102.19 and $ 152.30. On average, XMR is expected to change hands at $ 126.57 during the year. The most bullish month per XMR could be August, when the currency could trade 5.06% higher than today.

Monero price prediction 2025

MonthMinimum PriceAverage PriceMaximum Price
September$ 138.52$ 146.38$ 153.60
September$ 147.41$ 162.72$ 179.27
November$ 165.60$ 172.58$ 182.82
November$ 169.08$ 184.42$ 201.72
January$ 183.22$ 198.40$ 207.02
January$ 180.97$ 215.59$ 291.54
March$ 239.28$ 252.05$ 271.78
March$ 250.38$ 297.08$ 381.07
May$ 281.77$ 393.80$ 456.67
May$ 257.67$ 285.33$ 312.34
July$ 225.75$ 241.96$ 253.91
July$ 230.42$ 271.63$ 293.98

Generally speaking, Monero price prediction for 2025 is bullish. The XMR cryptocurrency is forecasted to hit a high point of $ 456.67 in May and reach a low of $ 138.52 in September. Overall, Monero is expected to trade at an average price of $ 234.81 in 2025.

Monero price prediction 2030

MonthMinimum PriceAverage PriceMaximum Price
September$ 503.39$ 612.23$ 699.54
September$ 516.55$ 572.42$ 620.20
November$ 514.36$ 576.33$ 631.70
December$ 399.04$ 455.98$ 536.20
January$ 337.79$ 457.94$ 536.10
January$ 316.78$ 352.99$ 400.53
February$ 317.66$ 384.35$ 433.64
March$ 433.83$ 502.86$ 600.81
May$ 311.52$ 431.13$ 575.52
June$ 235.13$ 357.48$ 434.61
June$ 248.08$ 283.22$ 330.56
July$ 317.61$ 349.04$ 368.50

In the long term, Monero could reach a price of $ 699.54 in August. That’s a rather optimistic scenario, as XMR could trade as low as $ 235.13 in June. Overall, XMR’s price is projected to hover at around $ 445.52 in 2030, about 207.34% above the current price of $ 144.96.

Monero price prediction FAQs

Is Monero a good investment?

According to InvestMage’s prediction, Monero could gain as much as 618.35% by 2029, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see Monero either surpass or not reach the price targets outlined in this article.

Can Monero reach $ 1,000.00?

Monero would need to gain 689.84% to reach $ 1,000.00. According to our prediction, Monero could hit $ 1,000.00 in May 2029.

What is the Monero price prediction for 2023?

In 2023, Monero is predicted to trade in a price range between $ 146.96 and $ 108.78, with the average price being $ 123.67. The average price is about -14.69% lower than Monero’s current price.

What is the Monero price prediction for 2024?

Monero is projected to trade in a price range between $ 152.30 and $ 102.19, with the average price of $ 126.57 throughout the year. The price of Monero is expected to increase by -12.69% in 2024 (compared to Monero’s current price).

What is the Monero price prediction for 2025?

Monero is forecasted to change hands in a price channel bound by $ 456.67 on the high end and $ 138.52 on the low end. Monero is expected to have an average price of $ 126.57 in 2025, which is about 61.98% higher than Monero’s current price of $ 144.96.

What is the Monero price prediction for 2030?

The Monero price algorithm predicts that XMR will move between $ 699.54 and $ 235.13 in 2030, with the average price being $ 445.52, about 207.34% higher compared to XMR’s current price.

Will Monero go up?

According to the InvestMage predictions, Monero is expected to go down in value by -12.69% by next year. In 2024, the XMR cryptocurrency could trade up 61.98% compared to today. By 2030, Monero’s price is expected to increase by 207.34%, and reach $ 445.52.

How do we predict the price of Monero?

The price of Monero is algorithmically predicted using historical market price data for XMR and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.

About the Author: Dave N. Clarke

Dave N. Clarke
Dave N. Clarke is a writer specializing in new financial technologies. Dave is most interested in the latest advancements in cryptocurrency and blockchain technology, but also occasionally covers traditional markets.

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