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.

 

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). 

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%. 

 

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.

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