Connect with us

Price prediction

Today’s Bitcoin collapse, capitulates and falls below 30 k. Now what happens?

Bitcoin and Ethereum down more than 50% from all-time highs, Exchange flows paint different picture despite the equally bearish price action of the market’s largest assets does not seem to subside.

The one on Monday, May 9th will be inserted with one of the worst days of Bitcoin. After more than 180 days of falling prices, 6 red weekly candles in a row (it hasn’t happened since 2014) the king of the blockchain/crypto ecosystem has collapsed along with the entire altcoins sector. Today’s collapse had been awaited for days. What made the most species were the volumes. It had been about 5 months since there had been such a high selling pressure.

After spending the last five weeks in decline, the industry’s largest cryptocurrencies by market cap, Bitcoin and Ethereum, are currently down about 50% from the all-time highs recorded during the 2021 bull run. The leading Bitcoin cryptocurrency still dominates 41.8% of the market with a capitalization of $628 billion.

The day of capitulation has arrived and so now what should we expect from Bitcoin? Is it a good time to invest in cryptocurrencies and Bitcoin?

The capitulation of Bitcoin: why are cryptocurrencies falling today?

Liquidation refers to the process of selling off cryptocurrencies in exchange for cash to minimize losses, especially in the event of a market crash. However, in the crypto space, the term liquidation is mainly used to describe the forced closing of a trader’s position due to the partial or total loss of the trader’s initial margin. This happens when these investors, especially on the platforms of Bybit, Coinbase, Binance and Crypto.com, cannot meet the margin requirements for their leveraged position, i.e. they do not have sufficient funds to keep the trade open. Margin requirements are often underfunded when there is a sudden drop in the price of the underlying asset.

When this happens, the platform will automatically close the position, resulting in loss of funds for the investor. The severity of this loss will depend on the initial margin in place and how much the price falls. In some cases, it can lead to a total loss of the investment. Along with the trend of the dollar (at its highest value since 20 years), the war in Europe, inflation and the loss of value of the euro, are among the main causes that triggered the collapse of Bitcoin. Liquidations can be classified into partial and total liquidation. For example: Partial liquidation: liquidation that closes a position partially early to reduce the position and leverage used by a trader. Total liquidation: By closing a position, almost all of a trader’s initial margin was used.

Advertisement

In the world of finance the term “capitulation” represents the moment when investors give up any previous gain in any security or market, selling their positions during the downturn or bear market period for cryptocurrencies. Capitulation can occur at any time, but typically occurs during high-volume trading and prolonged declines. A market correction or bear market often leads investors to capitulate or panic. The term is a derivative of a military term that refers to surrender.

Why did Bitcoin collapse today? What to Expect Now

In financial circles, the term collapse or capitulation is used to indicate the moment when investors decide to sell their positions (long or short) and give up trying to recover the losses related to the fall in prices. If most investors decide to wait to cut their losses, the price of stocks and digital assets will likely remain relatively stable. However, if most investors decide to capitulate and cut losses, there will be a sharp drop in the price. That’s why the Bitcoin chart shows red for the seventh week in a row.

When this event is significant and causes investors to make major losses or liquidations, the whole thing is known as market capitulation. Let’s say you own 1 BTC in your wallet that you lost in the last few years. Well, if you bought around the maximum price value, your current loss would be almost 30000 dollars. There are two options that can be considered at this point: you can hold or hodlare and wait and hope bitcon goes up, or you can cut your losses by selling Bitcoin and the other cryptocurrencies.

The meaning of capitulation lies in its implications. Many market professionals consider it a sign of a fall in prices and consequently a good time to buy and invest in the financial markets. This is because basic economic factors dictate that large sales volumes will drive down prices, while large buying volumes will drive up prices. Since almost everyone who wanted (or felt obligated) to sell stocks has already done so, only buyers are left and they are expected to drive up prices. The problem with capitulation is that it is very difficult to predict and identify. There is no magic price at which capitulation takes place. Often, investors look for long-term price forecasts but the important thing is to invest at the right time.

Bitcoin Onchain Analysis after May 2022 Crash

Net flows on exchanges for Bitcoin from December 22, 2021 to the present. Source: Glassnode.
Part of Bitcoin’s recent price movement can be understood in light of its inflows and outflows on exchanges. The higher inflows typically signal an impending bear market as investors shift their holdings to exchanges to sell for fiat stablecoins or pegged to fiat. Conversely, higher outflows can be a bullish signal as investors could shift their holdings to cold storage portfolios for long-term holding. According to data from Glassnode, Bitcoin’s 15% drop over the past seven days is also related to net transfer volumes to various exchanges. On May 6 there was a net inflow of about 12,246 Bitcoins or about $402 million at today’s price.

Advertisement

Most of the Bitcoins sold in the last seven days (~77%) were the last moved (probably bought) above the $60K price range. Therefore, the primary sellers were the younger buyers who sold at a loss. Considering the above, we look at the UTXO histogram, which represents the distribution of the offer according to the purchase price (last move).

Looking at the chart below, we can extract possible support levels if the current price falls further. $46.2K (~$46.3K is where the 200-day moving average is located) and $40K are the most vital support levels based on the UTXO Histogram chart.

The collapse of Ethereum related to Bitcoin

Net flows on exchanges for Ethereum from December 22, 2021 to the present. Source: Glassnode
Notably, Ethereum’s net transfer volumes for this month indicated that most investors have moved their bought cryptocurrencies off the exchanges (typically seen as a bullish signal for an asset). We can imagine that many investors have chosen to keep ETH passively rented or simply in their crypto wallet.

The contradiction between the recent bearish action on Ethereum prices accompanied by large outflows from exchanges suggests that there may be other forces at play for the number two cryptocurrency. For one, Ethereum holders could withdraw their inactive coins from exchanges for staking purposes leading to the network merger expected in the third quarter.

Investors could also download their Holdings in Ethereum to various decentralized exchanges (DEXs) within the world of DeFi, which Glassnod does not track. For example, comparing the transaction volume for Ethereum on Coinbase and DeFi Uniswap’s largest decentralized exchange, the latter reports a trading volume of $1.63 billion in the last 24 hours, while the former reports just over $500 million. If not decentralized exchanges, the Ethereum that is exiting the exchanges could be used in lending or lending protocols, used to mint stablecoins or a number of other DeFi assets that do not result in the sale of the asset. The same level of DeFi activity cannot, however, be said for Bitcoin.

Advertisement

Options market: OI put/call ratio and implied volatility

Call and Put options are the two types of option contracts. A Call option is a right to buy at a future fixed price and a Put option is a right to sell. When traders buy more Puts than Call, there will be an increase in bearish sentiment. Put Call Ratio (PCR), which measures the ratio of Put to Call, is a derivative indicator in the options market that can be used to understand the underlying sentiment in the market. The chart below shows this open interest (OI)-based report. We can combine this ratio with implied volatility (IV) to get a better result.

IV is the forecast indicator. It reflects the perception of risk in the market. The data shows that PCR has increased – from 0.43 to 0.53 – over the past month, which means more Put trades than Calls. IV is also increased as PCR: this indicates that every time PCR increases along with an increase in IV, Put activity increases. This short-term bearish signal likely caused the price to drop from $69k to $53.4K.

These options traders wanted to protect their portfolios against bitcoin price drops due to other news such as the rejection of VanEck’s Bitcoin ETF spot and the new Omicron variant. The price of bitcoin fell by about 8% immediately after the WHO warned of a new variant of covid-19. The question is, have options traders decided that this is the lowest point of the crypto bear market 2022?

Main tool Open interest (OI)

Based on data from Deribit Exchange, Top Instrument Open’s interest over the past two weeks shows that despite the increase in demand for short-term puts, options traders are still bullish in the medium term. They are interested in trading Call options at strike prices above $70K in the coming months.

Leave your vote

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Il tuo indirizzo email non sarà pubblicato.

Price prediction

Cryptocurrency Predictions 2022, 2023-2024-2025-2030

In a world where digital currencies are now an integral part of the modern economy, cryptocurrency forecasts become indispensable for choosing the best investment in the short, medium and long term.

If you are interested in investing in cryptocurrencies, this article will surely be useful for you to discover the predictions of the most important cryptocurrencies for the coming years.

By clicking on the name of the cryptocurrency you are interested in, you will immediately be directed to the section of the article where it will deal with the forecasts of that cryptocurrency.

What are the cryptocurrency forecasts for 2022-2030?

Click on the cryptocurrency you are interested in, or scroll through the article to discover the forecasts of all the best cryptocurrencies of the moment.

  • Bitcoin Predictions
  • Ethereum Forecast
  • Shiba Inu Forecast
  • Cardano Forecast
  • Solana Forecast
  • Polkadot Forecast
  • Binance Coin Predictions
  • Ripple Predictions
  • DogeCoin Forecast
  • Uniswap Forecast
  • Chainlink Forecast
  • Bitcoin Cash Predictions
  • Litecoin Forecast
  • Polygon Forecast
  • VeChain Forecast
  • Algorand Forecast
  • Elrond Forecast
  • Chiliz Forecast
  • Tron Forecast
  • Avalanche Forecast
  • The SandBox Forecast
  • Earth Forecast (LUNA)
  • Decentraland (MANA) Forecast
  • ChainLink Forecast
  • Chromia Forecast
  • Cosmos Forecast
  • AAVE Forecast
  • Dash Forecast
  • MAKER Forecasts
  • IOTA Forecasts
  • EOS Forecasts
  • Stellar Forecast
  • NEO Forecast
  • Enjin Forecast
  • Ethereum Classic Predictions
  • Tezos Forecast
  • Spark Forecast
  • THORChain (RUNE) Forecast
  • UniSwap Forecast
  • FTX Token Forecasts
  • Compound Forecasts
  • Unus Sed Leo Forecast
  • Yearn Finance Forecasts
  • STORJ Forecast
  • Juventus Fan Token Predictions
  • Apecoin Forecast (APE)
  • Wirex Token (WXT) Forecast
  • Floki Inu (FLOKI) Forecast
  • GALA Forecast
  • CELO Forecast
  • Tectonic Finance (TONIC) Forecast
  • Dogelon Mars (ELON) Forecast
  • NEXO Forecast
  • Oasis Network Forecast (ROSE)
  • ZCash Forecast
  • Zilliqa Forecast
  • Fetch.ai Forecast (FET)
  • Rally Forecast (RLY)
  • Polymath (POLY) Forecast
  • Filecoin Forecast (FIL)
  • Waves Forecast
  • Kusama Forecast (KSM)
  • Celsius Forecast (CEL)

Bitcoin Predictions

Ten years have passed since the first block of Bitcoin was inserted into the network and even today it can be considered among the main cryptocurrencies, both in terms of exchange volumes and its value.

The predictions on Bitcoin are many with sometimes conflicting opinions. Our study of the signals of technical analysis, fundamental analysis and rumors of investment banks such as JP. Morgan and Citygroup, has led us to envisage its growth throughout 2022.

Advertisement

In fact, after a phase of uncertainty, Bitcoin has reversed the cryptocurrency trend and returned to growth. If the resistance of $68,000-70,000 is exceeded by the end of 2022, there may be an increase in their value of between 20% and 30%.

In the medium term, the positive trend is confirmed, with the possible goal of $ 120,000, also thanks to a series of data that strengthen technical analysis. In particular, it must be considered that the volatility of Bitcoins is decreasing, making them more stable.

Finally, the trust shown by investment banks and large companies including Amazon, which seems to be planning to include among the forms of payment also that with Bitcoin, could lead to a growth of up to $ 400,000.

Buy Bitcoin on eToro -> Open a Free Account!

Buy Bitcoin at Binance -> Open a Free Account!

Advertisement

❓ Bitcoin Prediction 2022
Bullish: 70,000 💲

❓ Bitcoin Prediction 2023-2024
Bullish: 100,000 – 120,000 💲

❓ Bitcoin Prediction 2024-2025
Bullish: 200,000 – 400,000 💲

✅ Best Broker for Bitcoin
eToro: Sign up – or try the Demo Account

✅ Best Exchange for Bitcoin
Binance: Sign Up

Advertisement

Ethereum Forecast

The growth of Ethereum in recent years has been affected by the enthusiasm of investors towards the world of cryptocurrencies, just consider that at the end of 2020, its value fluctuated around $ 400 and today stands below $ 4,000.

Can it be an opportunity to invest in the short term on Ethereum? If you look at moving averages and market oscillators, such as RSI and Stochastic, you can see a moment of contraction in the value of cryptocurrencies over the next three months. In fact, for analysts we are under a resistance, indicated by $ 4,800, which will lead to a phase of price uncertainty with a momentary reversal of the trend.

For the medium term, all experts agree in considering the value of $ 2,000 a support point that if it is not broken through will determine a safe growth of the cryptocurrency, strengthened by the positive trend of Bitcoin and the announcement of the introduction of the new Blockchain 2.0 technology, which will make the Ethereum network even more secure and efficient. The forecasts may lead to a doubling of its value today reaching the price of $ 6,000.

Long-term forecasts also seem to confirm a growth on the part of this cryptocurrency, which promises to become one of the main coins to be used in DeFi systems and smart contracts. In this perspective, even if probably, as experts hypothesize, it will never reach the solidity of Bitcoin, in any case it will be possible to have a growth in its value equal to 200% for the period 2024-2025.

Buy Ethereum on eToro -> Open a Free Account!

Advertisement

Buy Ethereum at Binance -> Open a Free Account!

Ethereum 2022 Forecast
Bullish: $5,000

Ethereum Prediction 2023-2024
Bullish: $6,000 – $8,000

Ethereum Prediction 2024-2025
Bullish: $10,000 – $12,000

Best Broker for Ethereum
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Ethereum
Binance: Sign Up

Shiba Inu Forecast

Among the cryptocurrencies born during the phase of economic uncertainty, Shiba Inu has proven to have all the characteristics to be considered a valid opportunity to invest in. The sector in which the use of Shiba Inu is located is that of the world of DeFi, a reality in full expansion, so our forecast is positive, with growth lasting for many months.

The innovations brought to the decentralized finance sector are the aspects on which many analysts point to hypothesize a future increase in its value even within 3 years and over the next 5 years. For those who have opened a long position, keeping this cryptocurrency in their portfolio, it can be assumed that a target between $ 0.00008 and $ 0.0003 can be reached.

Buy Shiba Inu on eToro -> Open a Free Account !

Buy Shiba Inu at Binance -> Open a Free Account !

Advertisement

Shiba Inu Forecast 2022
Bulls: $0.00008000

Shiba Inu Forecast 2023-2024
Bullish: 0.00009000 – 0.0001 $

Shiba Inu Forecast 2024-2025
Bullish: $0.0002 and $0.0003

Best Broker for Shiba Inu
eToro: Sign up – or try the Demo Account

Best Exchange for Shiba Inu
Binance: Sign Up

Advertisement

Cardano Forecast

The strength of the Cardano platform has been to create an innovative ecosystem, with a road maps started in 2018, which within a few years has achieved all the objectives set. Today the Ada, Cardano’s token, has a value of $ 2.8, demonstrating all the confidence of investors in this project.

For the coming months if you take into account the fundamental analysis and if you evaluate the technical indicators, the signals are very favorable, with the possibility already from March 2022 to see the value of the Ada cryptocurrency double. Some analysts are even more optimistic, reiterating how the confidence on the Cardano platform will support a growth that for 2023 will bring the token to $ 6.

And in the long term? The Cardano system focuses on sectors that today are embryonic such as DeFi, crypto loans and smart contracts, but which in the future will probably become essential elements for the economy. Those who invest in ADA today will probably see their portfolio increase exponentially even with unexpected figures and reach $ 15 for 2025.

Buy Cardano on eToro -> Open a Free Account !

Buy Cardano at Binance -> Open a Free Account !

Advertisement

Cardano Forecast 2022
Bullish: $3.5

Cardano Forecast 2023-2024
Bullish: $5.5

Cardano Forecast 2024-2025
Bullish: $15

Best Broker for Cardano
eToro: Sign up – or try the Demo Account

Best Exchange for Cardano
Binance: Sign Up

Advertisement

Solana Forecast

A new generation cryptocurrency introduced to the market with a value lower than the dollar, but which within the first months of 2021, exceeded $ 10. Today it has reached $ 145, a value that leads analysts to consider it as a valid investment opportunity.

In the medium term, the forecasts are positive, reinforced by the fact that Solana was born as a platform aimed at developing projects that exploit blockchain technology as well as focusing on the decentralized application sector. If you look at the moving averages and indicators, for the next 2 years, you can highlight an uptrend that, having overcome the resistance of $ 150, can lead to a growth of its value equal to 100%.

In the long term, for some analysts, there will be a stabilization of the price, while for others, based on the strong demand of investors and the confidence expressed in this cryptocurrency, its value may grow beyond $ 700 within the next 5 years.

Buy Solana on eToro -> Open a Free Account !

Buy Solana at Binance -> Open a Free Account !

Advertisement

Solana Forecast 2022
Bullish: $175 – $200

Solana Forecast 2023-2024
Bullish: 300 – 450 $

Solana Forecast 2024-2025
Bullish: 450 – 650 $

Best Broker for Solana
eToro: Sign up – or try the Demo Account

Best Exchange for Solana
Binance: Sign Up

Advertisement

Polkadot Forecast

A cryptocurrency created to allow commercial transactions between different blockchains, making it one of the most used digital currencies. Our short-term analysis was based on general investor sentiment and technical analysis valuations across moving averages. Over the course of 2022, the forecasts are all favorable, with growth that will bring the stock from the current value of $ 29 to double its price.

The news regarding the medium-term outlook is even more encouraging, also strengthened by the trading volumes that take place on the main exchanges and by the fact that this currency does not undergo fluctuations in the value of Bitcoin.

For some analysts the price reached in the first 3 years may exceed $ 100. To reinforce the idea that the growth of Polkadot can be constant, are also the long-term forecasts, projecting for investors an increase in the value of the cryptocurrency of 500%.

Buy Polkadot on eToro -> Open a Free Account !

Buy Polkadot at Binance -> Open a Free Account !

Advertisement

Polkadot Forecast 2022
Bullish: $55 – $60

Polkadot Forecast 2023-2024
Bullish: $80 – $100

Polkadot Forecast 2024-2025
Bullish: $150 – $200

Best Broker for Polkadot
eToro: Sign up – or try the Demo Account

Best Exchange for Polkadot
Binance: Sign Up

Advertisement

Binance Coin Predictions

BNB has suffered since its introduction into the market the enormous success of the platform of the same name, obtaining immediate growth and reaching the value of $ 444. What is its short-, medium- and long-term performance?

Confidence in the Binance Coin is high and this leads to very positive forecasts for 2022, given that in the coming months its value may increase with an oscillation between 20% and 30%. Just consider that Binance Coin is consistently in the ranking of the top 5 cryptocurrencies with a higher daily trading volume.

In the next 2 years, there are several factors that lead analysts to confirm a growth of up to $ 650. First, the number of Binance tokens was limited; to this is added that their purchase also brings in the long term an annuity to the investor’s portfolio. In addition, BNBs are considered among the future cryptocurrencies to be used in smart contracts and In the DeFi sectors.

Finally, in the long term, the Binance token can be considered a valid alternative to the first two coins such as Bitcoin and Ethereum, as it is more stable, with a growth that will increase by 100% of its current value.

Buy Binance Coin on eToro -> Open a Free Account!

Advertisement

Buy Binance Coin at Binance -> Open a Free Account !

Binance Coin Prediction 2022
Bullish: 500 – 550 $

Binance Coin Prediction 2023-2024
Bullish: $650 – $700

Binance Coin Prediction 2024-2025
Bullish: $850 – $1000

Best Broker for Binance Coin
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Binance Coin
Binance: Sign Up

Ripple Predictions

The XRP cryptocurrency, an acronym for Ripple, has a current value of $ 1.2, among the most used for commercial transactions, thanks to a fast and reliable blockchain network, factors that indicate a certain growth in the short, medium and long term.

But the news about Ripple has led analysts to express more moderate forecasts. In particular, we must consider the legal disputes with the SEC, the security body on the American market, which could lead to a fine of 1 billion dollars. In any case, in the short term, any growth is agreed by experts.

As for the forecasts for 2023-23, on the one hand we must consider the threat of the SEC ruling, on the other XRP is very much influenced by Bitcoin, in turn projecting an increase of up to $ 2. In the long term, you will have to pay attention to the evolution of new cryptocurrencies such as Stellar, a direct competitor of Ripple, but there are several signs that can confirm that keeping this cryptocurrency in the portfolio will be useful, given that it is expected to reach the $ 5 quota.

Buy Ripple on eToro -> Open a Free Account !

Advertisement

Buy Ripple at Binance -> Open a Free Account !

Ripple Prediction 2022
Bullish: $1.5

Ripple Forecast 2023-2024
Bullish: $2 – $3

Ripple Prediction 2024-2025
Bullish: $4 – $5

Best Broker for Ripple
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Ripple
Binance: Sign Up

Dogecoin Forecast

Dogecoin was born in 2013 with the idea of creating a cryptocurrency as a form of criticism of other digital currencies. Today its value is around $ 0.29, with a high media response, but with characteristics that make it difficult to predict its trend.

In the short term, the high volatility of this cryptocurrency has prompted analysts to conflicting opinions. In fact, on the one hand you could aim for an increase in its value and open a long position, on the other hand, however, given the instability linked to the numerous rumors that affect its price, it could be useful to evaluate the opening of downward positions.

The long-term situation is very different, although there are several rumors of interest from large investors such as Elon Musk, we do not see a positive future for this cryptocurrency, so we estimate that it can return to value of about 0.01 – 0.02 dollars.

Buy Dogecoin on eToro -> Open a Free Account !

Advertisement

Buy Dogecoin at Binance -> Open a Free Account !

Dogecoin Forecast 2022
Bullish: $0.35

Dogecoin Forecast 2023-2024
Bullish: 0.50 – 0.75 $

Dogecoin Forecast 2024-2025
Bullish: 0.01 – 0.02 $

Best Broker for Dogecoin
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Dogecoin
Binance: Sign Up

Uniswap Forecast

Uniswap is a coin, identified by the symbol of the unicorn, which has been talked about since its introduction on the market for its characteristics, as a product made to be used exclusively in decentralized finance systems and equipped with a platform with a stable and fast network.

If you consider these factors and compare them with technical analysis, the short-term outlook is very positive, predicting growth that will lead Uniswap to reach the resistance of $49. Analysts agree that, for 2023-2023, the price range can be set between $ 40 and $ 80, with growth that will be directly related to the evolution of DeFi systems.

The long-term outlook, however, is mixed, given that some experts speculate that the price will stabilize between $ 24 and $ 50, while other analysts predict that, if you manage to break through the $ 49, you can have an increase in its value, for 2025, equal to 400%.

Buy Uniswap on eToro -> Open a Free Account !

Advertisement

Buy Uniswap at Binance -> Open a Free Account !

Uniswap Forecast 2022
Bullish: $32 – $35

Uniswap Forecast 2023-2024
Bullish: $40 – $80

Uniswap Forecast 2024-2025
Bullish: $180 – $200

Best Broker for Uniswap
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Uniswap
Binance: Sign Up

Chainlink Forecast

A cryptocurrency that is based on one of the largest blockchains in the world and that has as its DNA the development of decentralized applications and smart contracts, as well as being based on a system with valid governance.

In the short term, Chainlink proves to be a valid investment, even after the negative trend that saw it reach $ 30. Our technical analysis reiterated the general sentiment of experts, according to which, by the end of 2022, the cryptocurrency will reach $50 again.

Medium-term growth also seems to be certain, given that once the virtual resistance of $ 50 is overcome, an increase in its value of 100% is assumed. Finally, in the long term, the possible scenarios seem to confirm the idea of keeping Chainlink in your portfolio, given that it could reach $ 150.

Buy Chainlink on eToro -> Open a Free Account !

Advertisement

Buy Chainlink on Binance -> Open a Free Account !

Chainlink Forecast 2022
Bullish: $45 – $50

Chainlink Forecast 2023-2024
Bullish: $90 – $100

Chainlink Forecast 2024-2025
Bullish: 140 – 150 $

Best Broker for Chainlink
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Chainlink
Binance: Sign Up

Bitcoin Cash Predictions

Born in 2017 as a fork of Bitcoin, Bitcoin Cash is directly affected by the performance of the main cryptocurrency, just consider that it reached its highest levels in June 2021, simultaneously with the exponential growth of Bitcoin.

This factor has led many analysts to point out that the forecasts for future years can be positive, even if today its price is $ 720, halved compared to the summer of 2021. As far as the medium term is concerned, it must be considered that the trend appears favorable. For those who have decided to open a buy position, it could be a valid possibility of gain, given that indicators and fundamental analysis suggest reaching $ 1,800.

In the long term, forecasts are more complicated, given the high volatility that characterizes it and that could lead to a reversal of the trend. For this reason, analysts are less in favor of its high growth, indicating as a possible target a constant increase of 20%.

Buy Bitcoin Cash on eToro -> Open a Free Account!

Advertisement

Buy Bitcoin Cash at Binance -> Open a Free Account!

Bitcoin Cash Prediction 2022
Bullish: $750 – $850

Bitcoin Cash Prediction 2023-2024
Bullish: 1400 – 1500 $

Bitcoin Cash Prediction 2024-2025
Bullish: 1800 – 2000 $

Best Broker for Bitcoin Cash
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Bitcoin Cash
Binance: Sign Up

Litecoin Forecast

It is one of the first cryptocurrencies, born in 2011 and with a current capitalization of 1.5 billion dollars. Litecoin predictions disagree with analysts. In particular, like other cryptocurrencies it has suffered in the last 2 years from the situation of economic uncertainty, but thanks to its close link with the Bitcoin network, it has experienced a 2021 in full growth.

In the short term, the doubts arose from the arrest that took place at $ 360, which prompted investors to close positions, bringing the current value of Litecoin to $ 220. The fact that it has not exceeded its all-time high has led some analysts to speculate that in the coming months the price range will be between $ 220 and $ 370.

The forecasts in the medium and long term seem more certain, also thanks to a series of news on technical innovations, a strengthening of the network and a possible growth of Bitcoin, assuming an increase in the value for 2025 of Litecoin that can also reach $ 550.

Buy Litecoin on eToro -> Open a Free Account !

Advertisement

Buy Litecoin at Binance -> Open a Free Account !

Litecoin Prediction 2022
Bullish: $220 – $370

Litecoin Forecast 2023-2024
Bullish: 400 – 450 $

Litecoin Forecast 2024-2025
Bullish: 500 – 550 $

Best Broker for Litecoin
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Litecoin
Binance: Sign Up

Polygon Forecasts (MATIC)

It is among the latest generation cryptocurrencies, born in 2021 and developed on the Ethereum network, immediately gaining the trust of investors. Today Polygon is quoted at $1.6, but the recent formation makes short-, medium- and long-term forecasts complicated.

In particular, some of the features of the platform have made investors uncertain, given that the blockchain still remains slow to close blocks, even after the strengthening of the network. Elements that the Polygon team can solve in the future, but that in the short term will lead to a limited growth that is assumed to reach the maximum of $ 3.

The potential of the platform is many and the problems to be solved do not seem insurmountable, so if from a high some analysts remain cautious for its growth in the medium and long term, for others, within 3 years it will reach $ 5, while for 2025 it will also be possible to touch $ 20.

Buy Polygon on eToro -> Open a Free Account !

Advertisement

Buy Polygon on Binance -> Open a Free Account !

Polygon Forecast 2022
Bullish: 2.5 – 3 $

Polygon Forecast 2023-2024
Bullish: $4 – $5

Polygon Forecast 2024-2025
Bullish: $15 – $20

Best Broker for Polygon
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Polygon
Binance: Sign Up

VeChain (VET) Forecast

A cryptocurrency developed in 2016 after a long programming period that made it very stable. In particular, in recent months the interest of investors has been high, especially since VeChain is located in an industry where there is little competition, given that it is a blockchain specialized in managing a project.

Looking at the technical analysis through the moving averages and the different oscillators, in the short term it may be advisable to open a buy position at $ 0.12, given that the analysis indicates a positive trend that may lead the stock to double its value.

In the medium and long term, the conditions are similar, since there is no prospect of competition in the specific sector in which VeChain is located, with an exponential growth that will reach the value of $ 0.50.

Buy VET on eToro -> Open a Free Account !

Advertisement

Buy VET at Binance -> Open a Free Account !

VeChain Forecast 2022
Bullish: 0.20 – 0.25 $

VeChain Forecast 2023-2024
Bullish: 0.35 – 0.40 $

VeChain Forecast 2024-2025
Bullish: 0.50 – 0.55 $

Best Broker for VeChain
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for VeChain
Binance: Sign Up

Algorand Forecast

The current year has produced a division among experts. According to some, Algorand has reached a certain level of saturation that, in fact, would require a natural correction of the blockchain. Others, on the other hand, argue that what is in place is only a transitional period, moreover of short duration, a period that would not be able to influence the progressions. Estimates predict that Algorand could reach values above $2 per unit by the end of 2022-

The estimates for 2023-2023 are particularly interesting. According to data from Digital Coin Price, the value of Algorand, starting from next year, can exceed $ 2 per unit. However, this applies more precisely to the initial period of the two-year period concerned. At the end of the two-year period, the value of Algorand could reach $ 3-$ 3.5 per unit. From this it can be deduced that the beginning of the two-year period will be slow, followed by a phase in which a correction of the value itself will occur. At the end of the period examined, the value will then reach the figure estimated by the experts.

Finally, it is worth considering the two-year period 2024-2025. Since this is a relatively distant period, making detailed forecasts is complicated: over the two-year period, in fact, new competitors could emerge on the market, with the consequent development of new virtual ecosystems. However, an estimate is still possible. Experts speak of a possible opening of 2024 with values between $ 4 and $ 4.5 per unit, values that would reach $ 6 during 2025.

Buy Algorand on eToro -> Open a Free Account !

Advertisement

Buy Algorand at Binance -> Open a Free Account !

Algorand Forecast 2022
Bullish: $2

Algorand Forecast 2023-2024
Bullish: $3 – $3.5

Algorand Forecast 2024-2025
Bullish: $4 – $6

Best Broker for Algorand
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Algorand
Binance: Sign Up

Elrond Forecast

Elrond also known by the acronym EGLD is a decidedly appealing cryptocurrency project that is based on scalability, for this reason its motto is “The Internet Scale Blockchain Is Live”. It is a cryptocurrency that has been present in the crypto sector since 2017 and its success so far is due in particular to its security and speed. The goal that Elrond wants to achieve concerns the creation of an innovative economy that is not based on a physical but digital level called internet economy, which is within everyone’s reach in terms of accessibility.

The Elrond cryptocurrency project is advancing rapidly, his team is tightening a series of collaborations with various partnerships and it is thanks to these actions that it is enjoying success as more and more users are choosing this new crypto. The forecasts for the year 2022 are expected to be more than positive, given that an increase is expected, despite being among the cryptocurrencies born lately. According to experts, Elrond will have a rise of up to $ 300 regarding the price target in the coming months.

The purpose of the Elrond cryptocurrency is to give particular access to the digital economy and intends to achieve its mission through speed and security, as they represent the suitable requirements to get to the goal quickly. For this reason, Elrond’s medium-term forecasts, i.e. on the timeline from 12 to 24 months, are decidedly promising and positive. For the two-year period 2023-2023 the price will be worth about 300-400 $.

On the other hand, the long-term forecasts for the two-year period 2024-2025 are completely positive as in previous years. Based on the considerations and calculations made by experts, this cryptocurrency has a bright future ahead of it, as it has been estimated by them to reach the price target of $ 650 by 2025. All those who have invested in the project by 2025 will get a high profit margin both for those who have invested from the beginning for those who decide to enter now or in the coming months.

Advertisement

Buy Elrond on eToro -> Open a Free Account !

Buy Elrond at Binance -> Open a Free Account !

Elrond Forecast 2022
Bullish: $300

Elrond Forecast 2023-2024
Bullish: $350 – $400

Elrond Forecast 2024-2025
Bullish: 600 – 650 $

Advertisement

Best Broker for Elrond
eToro: Sign up – or try the Demo Account

Best Exchange for Elrond
Binance: Sign Up

Chiliz Forecast

The economic world, in the last decade in particular, is evolving. Cryptocurrencies, digital and computer currencies, are widespread and fundamental for market observation. Chiliz is one of them. Below we try to evaluate the trend for 2022 now begun, and we create forecasts, useful to users and investors, for the following years, until 2025.

The current year, after the pandemic crisis of 2020, has represented, albeit with the well-known difficulties still current, a substantial recovery of the markets, including the digital one. Growth by the end of 2021 is expected to bring Chiliz’s unit value to around $0.50,0.55.

The growth of 2021, assisted by the action of investors, growth and current value, leads to good omens for the following year. The first part of 2022 should therefore be positive. In this regard, we must consider the novelty effect, and the notoriety of a product. This, in the market, can lead to imbalances or volatility. A negative decline is therefore expected in the second half of next year. After this decline, however, 2022 should be growing again, bringing the value to $ 1.90.

Advertisement

The future forecast by experts is based on the Chiliz blockchain, and above all on the observation of competing coins, which have been on the market for several years. So the two-year period 2024-2025 can be decisive to guarantee this currency a solid and effective status in the market. The target, if the declines are stable and positive, is to 5 – 6 dollars per unit.

Buy Chiliz on eToro -> Open a Free Account !

Buy Chiliz at Binance -> Open a Free Account !

Chiliz Forecast 2022
Bullish: $0.50 – $0.55

Chiliz Forecast 2023-2024
Bullish: $1.90 – $2.00

Advertisement

Chiliz Forecast 2024-2025
Bullish: $5.00 – $6.00

Best Broker for Chiliz
eToro: Sign up – or try the Demo Account

Best Exchange for Chiliz
Binance: Sign Up

Tron Forecast

TRON is a Chinese online platform. Its native TRX Token aims to create a decentralized Internet. Technical analysis is essential for those who intend to invest in this project and become aware of the risks and fluctuations of the market, in order to make safe investments.

The graphs created for the analysis of Tron demonstrate a clear initial growth, in 2021 which has even led it to grow by 400%. This bullish rend that began in July 2021, could continue quietly in the following months as as shown by the Relative Strength Index (RSI), TRON is neither over-bought nor hyper-sold. The overall forecast is therefore to reach $0.14/$0.16 by the end of the year.

Advertisement

For the years after 2021, if the uptrend continues, the value is expected to increase to $0.17 by the end of 2022, which would allow a gain of 95% on the current price of TRON. For 2023, digital coin price experts predict a further rise of $0.20.

It ends with the forecasts for the year 2024/2025, i.e. those of medium-long term. Also in this case the trend is expected to be bullish. Clearly the more the analysis is aimed at the future and the more difficult it is to be precise and find a price, this does not mean that the forecasts are for about a total increase in the price equal to a minimum of $ 0.24 up to a maximum of $ 0.28. Very different forecasts are those of Primexbt, which has even estimated that its value could reach $ 0.70 following strong increases.

Buy Tron on eToro -> Open a Free Account !

Buy Tron at Binance -> Open a Free Account !

Tron Forecast 2022
Bullish: 0.14 – 0.16 $

Advertisement

Tron Forecast 2023-2024
Bullish: 0.17 – 0.20 $

Tron Forecast 2024-2025
Bullish:0.24 – 0.28 $

Best Broker for Tron
eToro: Sign up – or try the Demo Account

Best Exchange for Tron
Binance: Sign Up

Avalanche Forecast

Avalanche is the new blockchain that hosts applications from the field of decentralized finance and that is causing a sensation among trading enthusiasts, even more than the famous Ethereum. Its benchmark cryptocurrency is AVAX which could reach considerable peaks in the coming years.

Advertisement

Thanks to Avalanche’s lower commission costs and more favorable transaction times for traders, the young blockchain could gradually become the leader in decentralized finance. Among the most frequently asked questions is whether AVAX could take the place of bitcoins that have gained the primacy in the ranking of the most valuable cryptos in the world market. Unfortunately, however, the queen of cryptocurrencies will remain on the throne for a long time to come. According to avalanche forecasts for 2022, the value of the blockchain will reach $ 90.

Although crypto may not yet have a stable position in terms of value, there are very good long-term forecasts. In addition, even on short-term investments there may be advantages if you invest according to the right strategy and using reliable trading brokers.

By the end of 2022 the value of the crypto will increase slightly compared to 2021 and will be around $ 120. During the course of the year, the cryptocurrency could suffer market declines and fall to $100. The value of Avalanche in 2023 should be between a minimum of $ 160 and a maximum of $ 180.

The benefits will already begin to be seen from the end of 2024, when the cryptocurrency will reach a value even higher than $ 180 to increase further during 2025, with a minimum price of $ 215 and a maximum of $ 250.

Buy Avalanche on eToro -> Open a Free Account !

Advertisement

Buy Avalanche at Binance -> Open a Free Account !

Avalanche Forecast 2022
Bullish: $90

Avalanche Forecast 2023-2024
Bullish: 100 – 160 $

Avalanche Forecast 2024-2025
Bullish: 180 – 250 $

Best Broker for Avalanche
eToro: Sign up – or try the Demo Account

Advertisement

Best Exchange for Avalanche
Binance: Sign Up

Leave your vote

Continue Reading

Price prediction

Terra Luna crypto what is it, how does it work? Price forecasts 2022, 2025, 2030

After an incredible 2021, the ground moon price forecasts see the crypto continue to fly the price of the token in the next 5 years. Let’s find out the price estimates for 2022, 2023, 2024, 2025, 2026 and 2030

With a maximum return of 15469% in 2021 alone, Terra Luna stands as one of the cryptocurrencies with the greatest future potential. First listed on Binance on August 21, 2019, Luna posted an incredible price increase. Suffice it to say that on January 1, 2021 the value of the token was around 0.63 cents and after an incredible collapse, on May 11, 2022 Luna arrived at a price value of 0.67 cents of the dollar and on May 13, 2022 its price in BTC reached 0.00000001.

Terra ($LUNA) is one of the unique protocols that mainly uses stablecoins with fiat pegging to power global payment services and keep its prices stable. Terra’s ecosystem has its own native LUNA token, which counteracts limitations related to speed, scalability, and security.

With this guide dedicated to the Earth Moon world, we discover the price forecasts on the short, medium and long term, analyzing the potential price movement for the years 2022, 2023, 2024, 2025, 2030.

What Is Terra Luna Crypto?

Terra (LUNA) is a blockchain protocol launched in 2018 by Daniel Shin and Do Kwon. The founders wanted to venture into a new “digital currency” that could adapt to the flexibility of the modern economy. The CEO of Terraform Labs is Do Kwon. Terra is an open source blockchain platform for algoritic stablecoins, which are pegged to traditional fiat currencies. The platform allows users to trade TerraUSD stablecoins easily and quickly, make payments and make cryptocurrencies profitable. Terra’s native token is LUNA and is used for paying fees.

According to the official website and whitepaper, Terra uses a price stabilization algorithm that constantly balances the supply of a coin to keep prices stable.

Advertisement

Overall, Terra can provide traders with lower commissions, high scalability, stability and reliable financial resources. The best exchanges to buy Luna are Crypto.com (which offers throughout the month of January and February the opportunity to passively earn Luna), eToro, Binance and Coinbase and Kucoin. These 4 exchanges have both a smartphone application and a professional exchange that can be used from a PC. Revolut, Celsius Network and FTX have also been added to the list in recent months..

Earth Moon price predictions 2022

After the market crash of 9.10, 11 and 12 May 2022 where Luna lost in 3 days -98% of its value (which becomes -99.65% in just 37 days). Many investors have unfortunately lost almost all of their capital. Those who were foresighted, on the other hand, sold before the collapse by cutting losses. The collapse of the LunaUSD stablecoin is also complicating the whole situation. Although the months of April and May saw a significant drop in price, Terra (LUNA) is expected to expand into various countries, thus expanding the number of investors. After recording its maximum price of $119.55 on April 5, 2022, Luna now seems to be at a very critical stage. The token suffered from the bearish sentiment that hit the markets and the depeg of the TerraUSD stablecoin caused the situation to degenerate. The goal of this blockchain was to become a decentralized Bank in the style of Revolut. This ambitious project and the project of a proprietary stablecoin (TerraUSD) leads investors, technicians, analysts and consultants to expect new price increases.

After being delisted by Binance Exchange and Bybit, as reported on May 10, luna’s price began free fall when its UST stablecoin dropped more than 70% when massive selling pressure hit the market due to what appeared to be a coordinated attack against the cryptocurrency. On May 13, 2022 through a tweet of the official account of Terra (UST) the blockchain was officially interrupted. The validators will return with a future plan to re-found it. Here The news

Through an official message on Twitter the TerraL blockchain

❓Maximum price $Luna
$119.55 (5-4-22)

Advertisement

🤞 Forecasts 2022
April – May 🔴

👍 Key Support
$ Indefinable 🔴

📉 Resistance to the current price
$ Indefinable 🔴

🤞 Forecasts 2023/2024
Very high 🔴 risk

📈 Next Target 2022
Indefinable 🔴

Advertisement

🥇 Where to Buy:
eToro, Crypto.com

When to buy Terra Luna?

Cryptocurrencies are highly volatile and equally risky digital assets. On May 11, 2022, many investors were offered the opportunity to invest in the Terra Luna project by buying the token with a few cents or euros after the collapse of the TerraUSD stablecoin. Since the first rebound on the POC (point of largest purchase), the token has recorded a price increase of 1027%.

This is not meant to be an invitation to buy or invest in the Terra Luna project. Right now the token is highly volatile and if you are not a professional investor, it would be better to avoid buying it.

It is always important to remember how cryptocurrencies are financial products and it is correct to invest only the money you are willing to lose. Many inexperienced traders have bought the token at very high price levels, perhaps even over 100 dollars. Instead of selling after losing 50 percent or more,

What is TerraUSD the Luna stablecoin

TerraUSD (UST) is the decentralized and algorithmic stablecoin of the Terra blockchain. Its value is pegged 1:1 to the US dollar, making it an ideal medium of exchange on DeFi and TraFi platforms. It supports the Ethereum (ERC-20) version of UST, which is a multi-chain asset. While the most popular stablecoins maintain their levels with assets that include debt and dollar-denominated cash, TerraUSD is what is known as an algorithmic stablecoin, which relies on financial engineering to maintain its link with the dollar. Breaking the TerraUSD peg began over the weekend with a series of massive TerraUSD withdrawals from Anchor Protocol, a kind of decentralized bank for cryptocurrency investors.

Advertisement

Anchor Protocol is based on the technology of the same Terra blockchain network on which TerraUSD is based. It has been a major factor in the growth of the stablecoin in recent months, allowing cryptocurrency investors to earn returns of almost 20% per annum by lending their holdings in TerraUSD. At the same time, TerraUSD was also advertised for other stablecoins backed by traditional assets through various liquidity pools that were supposed to contribute to the stability of the peg. The sudden outflow of money scared some traders who started selling TerraUSD and its twin token Luna. Before its anchorage was broken, TerraUSD was the third largest stablecoin with a total market value of $18 billion.

The sudden outflow of money in recent days has spooked some traders who have started selling TerraUSD and its sister token Luna. TerraUSD’s fall to 23 cents around 3:30 a.m. ET marked a 70% drop from its value 24 hours earlier, according to CoinDesk. Luna briefly hit a low of $4.10, an 85% drop over the same period. Stablecoins have become very popular over the past couple of years and now act as the fat that moves the gears of the cryptocurrency ecosystem. Traders prefer to buy coins such as bitcoin, ether and dogecoin using digital assets pegged to the dollar because when they buy or sell, the price only moves to one side. They also allow for fast trading without the settlement times associated with government-issued currencies, which can take days.

Luna Crypto price predictions 2023

If the uptrend continues in 2023, Terra and its crypto Luna could easily reach $200 by early 2023.

In addition, the first half of 2023 of the year could show rapid growth in value, bringing the coin up to $450.

We are confident that the development team has in store for its investors, new partnerships and technical developments that will surely increase its value.

Advertisement

Luna Crypto price forecasts 2024

The price of Terra can also reach great heights, but reaching $ 500. Moreover, this is only possible if the market maintains its uptrend. In addition, only if the Terra cryptocurrency exceeds the level of psychological resistance.

Some experts also predict that predicting the price of Land could also be effective during this period.

Earth (LUNA) price forecast 2025-2026:

Fundamental analysis becomes vital when predicting the long-term price of Earth. The native LUNA token has some industry advantages. Its autonomous nature makes the digital economy perfect.

The LUNA network offers competitive programmable payments, logistics and storage to facilitate Dapp and a stable increase in coins. This can attract many more investors and could lead the price to reach $225 by the end of the next five years. In the event that, if the market were to collapse, the price could plummet to around 50% and reach the low around $750.65.

However, if the coin survives with persistent investors giving strong competition to its competitors (Ex: Solana price forecasts), constant updates and developments, by the end of the next five years.

Advertisement

Terra Luna Crypto Price Predictions 2030

Looking further ahead can sometimes seem like crazy, given how quickly the cryptocurrency industry is changing, but Ground’s price forecasts for 2030 can be helpful in getting an idea of what analysts expect from the project in the long term.

The price of Luna could record a new all-time high over the next eight years. According to the growth hypotheses predicted by crypto consultants and analysts, the price of the Terra blockchain token could grow to around $ 1250 by the end of 2030.

Elsewhere, CoinPriceForecast has been quite optimistic with its Ground price forecasts. He believes that the Terra project will be getting stronger and stronger in the coming years, with LUNA increasing in value. Analysts at the site believe we could see Earth (LUNA) break $2,000 in 2030.

The Fundamental Analysis of Terra Luna:

Terra has established a number of partnerships with payment platforms, especially in the Asia-Pacific regions. In July 2019, Terra partnered with Chai, a mobile payments application based in South Korea, where purchases made using the application on ecommerce platforms are allowed via Terra’s blockchain network.

Each transaction is subject (on average) to a 2%-3% fee charged to the merchant receiving payments in Bitcoin or Crypto.

Advertisement

Terra LUNA 2021 price analysis:

The year 2022 looks extremely positive for Terra, as the coin began its bullish rally from day one, only to retrace by -40% from its last all-time high.

In May 2021, due to the market crash, Terra prices plummeted by 70% causing the cryptocurrency to collapse to $4. So the price was around $6 until July. Terra posted new all-time highs at $33.12 on August 19 amid growing bullish sentiment and fueled in part by a greater supply of UST and Terra network upgrades.

Luna Q4 coin price: The LUNA price has seen exponential growth since the start of Q4. It has successfully generated higher lows resulting in incredible gains over the past three months. However, the price managed to undergo subsequent testing at $27.5, $35.6, and $41.69 respectively. A sharp break to $40.05 skyrocketed the price to a new ATH of $103.62 on December 27, 2021.

Leave your vote

Continue Reading

Price prediction

Ethereum price predictions 2022, short, medium price and 2025-2030

Having become one of the top 3 digital coins in circulation, Ethereum has aroused a lot of interest in the investment world and now has everyone’s eyes on itself.

In the last 5 years the world of digital coins has become an object of interest not only to experienced traders but also to all those who wish to invest their savings in an alternative way. Young and old, everyone is trying to juggle the Crypto world, trying to buy coins with foundation and meme coins of the case. Whether it is Ethereum or other alt coins, it is necessary to specify that to carry out trading operations or invest in cryptocurrencies, it is necessary to know very well the global finance and the ecosystem that surrounds digital currencies.

The digital currency Ethereum is one of the most famous globally and, together with Bitcoin, Solana, Dot and Cardano, they move most of the international monetary flows. This is due to the fact that, having been born much earlier than the others, they provide investors with greater solidity and less monetary volatility.

Through this article you will find out how it works, what will be the possible movements in value of the coin in the short, medium and long term, the price forecasts for 2022 and those that will take us in 2023, 2024, 2025, 2026 and 2030. We would also find out how to buy Ethereum on exchanges, using the most common payment methods.

Technical analysis and performance of Ethereum over time

How much will its price rise in the coming years? Is it possible to consider it a good investment in the future? These are the main questions when trying to make predictions about the price of Ethereum in 2022 and over the course of a decade. To try to clarify it is first necessary to talk about numbers and percentages that over the last 2 years we have monitored regarding Ethereum. From December 2019 to date the value of Ethereum has increased by more than 4000% with a price change ranging from 180 to 2,800 USD in just over 2 years. On May 12, 2021 ETH reaches its maximum reaching 4,384 USD (Binance chart) and over 500 billion dollars of capitalization, surpassing giants of the caliber of Coca-Cola, General Motors and McDonald’s. After a downtrend that lasted from May to July, on 19/07/2021 Ethereum, as well as Bitcoin, begins its rally culminating with a new All time High ($ 4880.85) on 10/11/2021.

As we are writing, ETH is in a not too clear situation. The collapse of Bitcoin on May 9, 2022 pushed the token to $2198, equaling the low set in January 2022. To date, the support found around 2200 dollars could give way to the queen of alt coins to try again to reverse the market trend. If in May/June Bitcoin were to return above $40,000, we could expect to see ETH return to a price value of $3000. In the event of a contract, if the bearish scenario continues, we expect to see ETH collapse back into the $1800-$1700 price zone. Most likely at this price threshold many investors will return to buy this cryptocurrency fundamental for the whole ecosystem.

Advertisement

❓Maximum price value
$4887.00 – bullish 🟢

🤞 Forecasts 2022
Bullish 🟢

👍 Key Support
$2,200, $2,300

📉 Current resistance
$2,800, 4,000

🤞 Forecasts 2023/2024
Bullish 🟢

Advertisement

📈 Next ETHPERP Target
$4,296 at Binance

🥇 Where to Buy:
eToro, Crypto.com

How much will Ethereum grow in the long term?

The price of Ethereum (ETH) in USD rose to new heights in November 2021, reaching over 4,800 US dollars. Just like Bitcoin (BTC), the price of ETH rose in 2021, but for completely different reasons: Ethereum, for example, made headlines when a digital artwork was sold in the form of NFT for more than 38,000 ETH – or 69.3 million US dollars.

Unlike Bitcoin – whose price growth was fueled by the IPO of the largest in the United States, that of the Coinbase exchange – the rally on Ethereum came from technological developments that aroused a lot of excitement among traders. First, the so-called “Berlin update” was launched on the Ethereum network in April 2021, an update intended to pave the way for reduced ETH gas prices or reduced transaction fees. Secondly, the arrival of Uniswap V3 in May 2021 – a smart contract protocol – should further optimize Ethereum trading.

This is why Ethereum continues to be a fundamental digital asset for the world of cryptocurrencies. For this reason, the medium- long-term trend is bullish. Ethereum could increase its value by 500% by 2030.

Advertisement

Ethereum Price Predictions 2022

The crypto market closed the month of December with a lot of uncertainty. After the rally that saw ETHUSD reach its ATH, right now the chart is forming a double zigzag. The first wave (W) looks complete. Therefore, the price is now seeing a retracement in the initial part of the opposite wave, i.e. the link wave (X). The link wave (X) could unfold as a triple zigzag W-X-Y-XX-Z, with the first W wave completed inside. We study the most recent chart section over eight hours.

Forecasts for 2022 range from a minimum price of $2,443 to a maximum of $15,000. We are confident that once the download is over, Ethereum will show steady growth without extreme drops. The speed of this price growth is the one that will vary the most over time. However, the future holds only positive changes, according to all analysts, market experts and crypto advisors.

Trading Beasts has shocked Ethereum holders with their prediction for January 2022. According to them, the year will start with a minimum price of $ 2,400, which is not much different from the price at the end of December 2021. However, as a result of the trend reversal on the market that will arrive around March 2022 ETH does not show unpleasant surprises, only the constant growth of ETH. The maximum price of $5,266,339 will be reached in December 2022. Wallet Investor, on the other hand, calms down anyone concerned about Ethereum by predicting that 2022 will start with the minimum price of $4,456,890. The average price will be $6,092,020 in July. December will brighten up the atmosphere with a maximum price of $7,825,020. The Forecasts of the Economic Forecast Agency are the most optimistic. As you can see below, in December 2022, Ethereum will fly above $7,000.

Ethereum Price Predictions 2023

With the phase of political instability and uncertainty for the regulation of the crypto world, even ETH’s predictions may not be the easiest. If the Ether cryptocurrency firmly holds the support level around its 100-day, 200-day SMA, buyers will have plenty of time and stability to go and see a new high around $8200.

This bullish forecast is given by the type of adoption that this coin will have in the coming years.

Advertisement

It is essential to remember that already at the beginning of 2022, both Mastercard and Visa have made it official to use this blockchain for the approval of their credit card transactions.

Ethereum price forecast 2024

According to the latest updates from the blockchain, 2024 will be the year in which many partnerships will be made official. After the outbreak of Mana and Sand (Mana Forecasts – Sand Forecasts) coin that use ETH to validate land purchases in the metaverse, gases will also increase.

This could drive up the price of Ethereum in the cryptocurrency market. For this reason we believe that Ethereum is the best investment as the price can exceed the price level of $ 10,000 already in 2024.

However, if the price of ETH were to undergo a reversal, it could be trading around its crucial support levels of $8000-$8200.

Ethereum Price Forecast 2025

The price of ETH could record a new all-time high over the next five years. According to the growth assumptions predicted by Simon Dedic, co-founder of crypto analysis firm Blockfyre and managing partner of Moonrock Capital, the price of Ethereum could grow to $9,000 in 2025.

Advertisement

Many other price forecasts are around the same target. This could also be given by the BTC halving event of 2024. For this reason, we could see Cronos aiming for $7 in the long run.

Many other price forecasts are around the same target.

Ethereum price forecasts 2030

The price of Ethereum could record a new all-time high in the next eight years. According to the growth assumptions predicted by the best consultants and analysts, they place the price of ETH around $ 15,450.

All experts agree that a precise prediction for 2030 will not be easy but no other cryptocurrency, Bitcoin aside, can take the place of Ethereum. The further we go in time, the more detailed the forecast can be. The Ethereum blockchain is still a solid digital asset on which to potentially invest.

The price of ETH is likely to continue to rise to unprecedented levels in 2030.

Advertisement

How to buy and sell Ethereum

Buying and selling Ethereum is a very simple and immediate operation thanks to the use of apps and online platforms that allow the sale of cryptocurrencies, the so-called Exchanges. Binance, Coinbase and Etoro are some of the most popular platforms that allow you to buy Ether and sell them at the most convenient time on the market. They also directly provide the digital wallet service, known by all as eWallet.

When you decide to buy and sell Ethereum you must first choose the platform to use among over 20 on the market. Binance allows its users to use both their website and smartphone app, so they can keep tabs on their cryptocurrencies from anywhere and with extreme simplicity. To buy Ethereum you just need to register on an exchange, deposit funds or provide your credit or debit card details and finally use those funds to buy Ethereum.

The simplicity with which you can buy cryptocurrencies combined with their great fame, has made this world a real status symbol and leading YouTube influencers and streamers to give real financial advice. You have to be very careful when you decide to interface with this world because it is much more complicated than it may seem. Only great experts and people who make finance their job can be truly productive.

How Ethereum works

As already mentioned above, Ethereum is one of the most famous and sought-after cryptocurrencies on the market. Born as a decentralized platform in 2013 by the brilliant mind of Vitalik Buterin, a Canadian developer of Russian origin, Ethereum has managed in less than 10 years to reach a capitalization that is around 35 billion dollars (second only to Bitcoin).

The operation of the Ethereum blockchain is very similar to that of Bitcoin: both use a blockchain and users have complete management of the coin. Unlike Bitcoin, Ethereum allows a much higher number of transactions per second (Buterin has announced that he wants to reach one million transactions per second on the platform). The system is totally open source, so allow any developer or programmer to make changes, obviously after a thorough check by the Ethereum Foundation.

Advertisement

This cryptocurrency, in addition to being an excellent payment system, allows you to create and spread the so-called “smart contracts”, smart contracts that sign the purchase and sale in a completely automated way. Basically it is the same principle implemented to customers who buy products and / or services from an ecommerce: terms and conditions are set and with the purchase they are accepted.

Leave your vote

Continue Reading

Trending

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.