I think Monero is a good coin, but not so much that it cost $ 500. This is a bit over priced day of it. Its maximum price is $ 200-250.
Monero will not reach such a high price like $ 500 this year 2019, the price for Monero today is about $ 92 by the end of the year Monero can only reach around $ 300 maximum if there is a huge bull run.