Monero (XMR) is projected to potentially reach $2,000 by 2026, according to a recent analysis from The BigBC Finance Channel. The cryptocurrency has been on an upward trajectory since 2024, with the 200-day moving average providing significant support. Currently priced around $430, XMR is at a critical resistance level, and surpassing $500 could set the stage for further gains.
The analysis also notes that Bitcoin's movement to a Fibonacci level could influence XMR's price trajectory. Historical patterns dating back to 2017 indicate the possibility of even higher valuations for Monero in the long term.
Monero (XMR) Price Could Reach $2,000 by 2026, Analysis Suggests
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
