XLM, XMR, NEO Price Prediction

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

While Bitcoin (BTC) is trying to move above $9,000, altcoins are showing a lot more volatility. The majority of the top coins are in the red except for Stellar (XLM), which has has rocketed up almost 10% over the day, putting it back into the CoinMarketCap’s top 10 list. 

Below is the following information for Stellar (XLM), Monero (XMR) and NEO (NEO):

Name

Ticker

Market Cap

Price 

Volume (24H)

Change (24H)

Stellar

XLM

$1,399,110,992

$0.069764

$396,344,726

9.50%

Monero

XMR

$1,029,489,514

$59.55

$201,289,522

0.85%

NEO

NEO

$751,665,338

$10.66

$516,508,904

-0.57%

XLM/USD 

Against the relative neutral market mood, XLM is showing the best price dynamics. Its rate has increased by almost 10% over the last 24 hours. What’s more, the price growth has helped XLM return to the top 10 cryptocurrency list.

Even though XLM soared today, the current growth is a pump and not the start of a bull run. The rollback has already started as the last bear candle has a large wick, signaling an upcoming correction. What is more, the RSI touched the oversold area, resulting in a downward movement. Respectively, the nearest scenario is a support level of $0.66, which might happen sooner than later. 

At the time of publication, XLM was trading at $0.069764.

XMR/USD 

XMR might have touched the bottom at the $50 mark, and is currently located in a local uptrend movement.

On the 1D chart, the MACD is bullish; however, there is a lack of buyers to support this coin. Even with the October 25th pump, the coin has almost rolled back to its previous position.

Monero (XMR) Price Skyrockets 10 Percent and Surpasses Tron (TRX)

The sideways trend is the most likely price prediction for this anonymous coin. In this particular case, the asset is going to fluctuate between $55 and $60 in November 2019.

At the time of publication, XMR was trading at $59.54.

NEO/USD 

Compared to other altcoins, NEO has shown significant growth during the recent market pump. The rate for “Ethereum of China” has increased by more than 80% over the last few days.

In terms of the long-term forecast, nothing has really changed. The bears have kept control of the situation, and one should expect a correction to $8.5. The Ichimoku cloud indicator also supports an upcoming decline. To sum it up, the aforementioned level will not be achieved until mid-November. 

At the time of publication, NEO was trading at $10.54.

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