Despite the high market volatility that we have been witnessing lately, the crypto still manages to trigger increased interest from more and more investors.
Monero’s Riccardo Spagni has also made sure to highlight the importance of privacy these days, and a lot of crypto enthusiasts seem to have gotten the message.
Monero price prediction
Regarding the price of XMR, the coin is still surrounded by optimistic predictions these days.
CryptoNewsz notes that even if the current situation of the privacy-oriented coin is not its best, XMR was still able to offer a good return to investors during the past week.
According to the online publication mentioned above, “Monero has battled with the market trend and kept climbing up. We are speculative that it would happen with the coin again. Monero would once again come out of the fall and shine again.”
The online magazine also notes that “In the coming days, the coin is expected to touch its major resistance level of $81.78 and on the downside, it will find support around $76.26. The long-term investment looks best for the coin. The same would bring huge profits for the traders.”
Monero in the news
Monero made headlines a lot lately, and this was thanks to more reasons than its privacy features.