STOCKS TELEGRAPH

Tag: Price Prediction

  • AXS crypto bullish momentum to end soon?

    AXS crypto bullish momentum to end soon?

    AXS crypto has been trending as the cryptocurrency reaches towards higher highs. Axie Infinity has been the best performing cryptocurrency in the top hundred for more than a week now. But is the bullish momentum of the cryptocurrency to end soon or will it continue to the moon?

    At the time of writing, AXS crypto stands at a price level of $39.85. The price of the cryptocurrency has fallen by 5% in the past twenty-four hours while the weekly gain is at a staggering 142%. The daily trading volume has also fallen by 55%. Axie Infinity is the forty-third largest cryptocurrency in the market.

    AXS crypto technical analysis

    The market outlook for AXS crypto is bullish. Fourteen of the total twenty-six technical indicators are giving out an indication of buy. Seven of the rest are standing at a neutral position while five are at a sell position. The oscillators are suggesting a sell while the moving averages are bullish.

    AXS crypto price prediction
    AXS crypto price prediction

    A trader’s analysis shows that AXS crypto has started its downward trajectory. Market corrections are almost a certain after a price rally and Axie Infinity appears to be under corrections. The cryptocurrency is started off downhill although the it has yet to be confirmed. Various supporting price levels have also been identified. The short-term price targets for Axie Infinity lies at $32 followed by $28.

    Axie Infinity long-term outlook

    Although the short-term sentiment is marked by market corrections, AXS crypto’s long-term projections are bullish. The current performance of the cryptocurrency indicates good growth potential. Wallet Investor estimates the cryptocurrency to be operating at a price level of $60 in a year’s time. The price of the cryptocurrency is expected to climb upwards with a prediction of $142 by 2026. Digital Coin Price is also bullish on the cryptocurrency. Per their estimates, the cryptocurrency is expected to reach towards $287 by 2028.

  • Zilliqa price prediction – To cross the ten-cent mark?

    Zilliqa had been under strong bears ever since the cryptocurrency peaked at the bull run of 2021. After establishing an all-time high of $0.25, Zilliqa coin succumbed to market corrections and had been struggling to regain strength. However, the shift in the overall market sentiment has resulted in the cryptocurrency’s possible trend reversal.

    At the time of writing, Zilliqa coin stands at a price level of $0.078. The price of the cryptocurrency has increased by 17% in the past twenty-four hours while the weekly performance shows a growth of 27%. The trading volume of ZIL has surged by 363% in the past twenty-four hours alone.

    Zilliqa Coin technical analysis

    The market sentiment for Zilliqa crypto is bullish given the recent upside move.  Out of the total twenty-six technical indicators, ten are giving out an indication of buy with nine indication at a neutral position. Seven of the total are suggesting a sell position. The oscillators are mainly neutral while the moving averages are bullish.

    Zilliqa Price Prediction
    Zilliqa Price Prediction

    ZIL coin has broken a descending trend line with the current bullish momentum. A trader’s analysis has identified a steep upward trajectory for Zilliqa coin in the upcoming days. The cryptocurrency is expected to reach towards $0.14 although with up and down movements. A strong support level also lies at $0.057.  ZIL coin can be expected to stabilize at the support level if the bears dominate the market again.

    ZIL coin price prediction

    Zilliqa blockchain aims to solve the problem of scalability and speed in the crypto space. It is also famous for staking and yield farming. The future outlook for the cryptocurrency is bullish. Wallet Investor estimates the cryptocurrency will end the year at $0.18 and operate at $0.61 in five years’ time. Digital Coin Price’sprojections show Zilliqa to have a price level of $0.12 by the end of 2021. Hence, the cryptocurrency is expected to soon cross the ten cent mark.

  • Quant Coin price prediction – QNT towards $114

    Quant coin is on a strong uptrend. The cryptocurrency is skirting close to its all-time high of $104 – with the current price only 7% down from the ATH. At the time of writing, Quant coin stands at a price level of $96. The price of the cryptocurrency has increased by 13% in the past twenty-four hours while an increase of 36% has been observed in the past seven days. The daily trading volume of QNT coin has jumped up by 130%. The cryptocurrency stands at seventieth rank in the market with a market cap of $1.1 billion.

    Quant technical analysis

    The market sentiment for Quant coin is bullish. Out of the total twenty-two technical indicators, fourteen are giving out an indication of buy with eight indicators standing at a neutral position. Only two indicators are at a bearish signal of sell. The oscillators are neutral while the moving averages are bullish.

    Quant Coin price prediction
    Quant Coin price prediction

    A trader’s analysis has identified Quant coin to be operating in an ascending channel formation since the beginning of July. The cryptocurrency has been oscillating up and down inside the formation. QNT coin has also been identified to have formed a coherent wave count. Minor corrections can be expected despite the primarily up trending market as QNT is on a wave count. The immediate price target lies at $114 on the upper boundary of the channel. The lower boundary is expected to be tested as support as well.

    Quant coin – Future outlook

    Quant has also been somewhat of an outlier and had previously maintained its bullish momentum despite a bearish market. The general bullish trend in the overall crypto market will prove to be beneficial for the QNT coin in achieving its bullish price targets. Wallet Investor estimates Quant coin will be operating at a price level of $94 in a year’s time while the five-year projection is at $471. Digital Coin Price has a similar price projection for the cryptocurrency. According to their estimates, Quant coin will end the year with a price level of $144 and reach towards $336 by 2026.

  • Cardano price prediction to $1 – Why is ADA bullish?

    As the cryptocurrency market turned bullish, so did most of the cryptocurrencies. Cardano has also begun showing a bullish move to the upside as the bulls regain their position in the market. The cryptocurrency – although bullish – has not started off on an uptrend and the trend, at large, still appears to be to the downside. At the time of writing, ADA coin stands at a price level of $1.40. The price has increased by 14% in the past twenty-four hours while the weekly performance has surged by 17%. The daily trading volume of the fifth-largest cryptocurrency has also increased by nearly 80%.

    Cardano price prediction

    The market outlook for the cryptocurrency is bullish. Out of the total twenty-six technical indicators, seventeen are suggesting a signal of buy with eight indicators standing at a neutral position and only one at a sell position. Both the oscillators and moving averages are bullish.

    A trader’s analysis has identified a possible trajectory for Cardano coin. Per the analysis, Cardano has been moving along a descending trendline; however, the recent bullish momentum has resulted in a break from the downward trendline. The cryptocurrency can find strong support at the price level of $1.04. Minor market corrections can also be expected from ADA coin as it retests the support at the descending trending but the price target at $1.60 appears to have been activated. If the price target is achieved, ADA can reach further high.

    What is pushing Cardano upwards?

    A mixture of technicals and recent developments may have boosted the bullish momentum of the cryptocurrency. But a large contribution can be attributed to the positive trend in the overall crypto market. Amazon had recently advertised job postings for cryptocurrency and blockchain. Subsequently, an anonymous source has revealed that the ecommerce giant has plans of accepting crypto payment with support for BTC, ETH, ADA, and BCH. Cardano founder, Charles Hoskinson, has revealed the development of a new upgrade for ADA. The new upgrade will enable Cardano to become compatible with web browsers and mobile applications.

    The boom of the crypto space and the upcoming developments of Cardano can definitely help the cryptocurrency cross the one-dollar mark and reach much higher.

  • AMP coin price prediction – To cross 10 cents soon?

    Amp coin has been trending as it is one of the best performers in the weekly timeframe. The cryptocurrency has been struggling with the bears in the past week as it tried to embark on an uptrend. After various tries, AMP coin shot upwards in the past twenty-four hours and reversed many of the losses incurred during the bearish market. At the time of writing, Amp crypto stands at a price level of $0.068. The price of the cryptocurrency has increased by 37% in the past twenty-four hours while the weekly performance shows a growth of 63%. The daily trading volume of Amp coin has shot up by a staggering 700%.

    Amp coin technical analysis

    The market sentiment for Amp coin is strongly bullish as indicated by the strength of the uptrend. Out of the total seventeen technical indicators, eleven are standing at a position of buy with six indicators giving out a signal of neutral while the sell indications are zero.

    Amp coin technical analysis
    Amp coin technical analysis

    Per the Bollinger Band analysis, Amp crypto had broken out of the bands as the bands expanded due to the bullish divergence in the market. However, would the bullish momentum remain or end? In the four-hour timeframe, the cryptocurrency may indicate an end of the bullish momentum. The recent candle formed by Amp is bearish. Further price movements will be required to confirm the downtrend of the cryptocurrency but it does appear like the more likely option.

    Amp coin price prediction

    Amp is a digital collateral token currently operating on Flexa Network where it is utilized as collateral for stablecoins. Amp coin can be considered as one of the best bets in the market being the thirty-third largest cryptocurrency with a market cap of nearly $3 billion. The future projections for the cryptocurrency are hopeful. Wallet Investor estimates the token to be operating at $0.137 in a year’s time while the five-year forecast places it at $0.50. Per the estimates of Digital Coin Price, Amp crypto will end the year with a price level of $0.10 and reach towards $0.244 by 2026.

  • ICP coin price prediction –A possible revival?

    ICP coin price prediction –A possible revival?

    ICP coin – also known as Internet Computer Protocol – is regarded to have disruptive technology. The network is aiming to disrupt the centralized cloud computing on which cryptocurrencies rely for their decentralization. If successful, ICP also possess the potential to be a revolutionizing technology in the crypto space.

    ICP has a blockbuster entrance in the crypto market with its price touching $1,000 if not more, on some exchanges. However, the cryptocurrency fell flat on its face from its journey towards the moon right after the launch hype died down. But is it making a comeback now?

    In the daily timeframe, ICP crypto has started off on a bullish uptrend. At the time of writing, ICP coin stands at a price level of $46.64. The price has increased by 5% in the past twenty-four hours while the weekly increase is 45% – making it one of the best performers of the week. The daily trading volume has observed a decline of 15% while the market rank continues at twentieth.

    Internet Computer Protocol – ICP price prediction

    The market outlook for the cryptocurrency has turned bullish. Out of the total twenty-six technical indicators, eleven are giving out a signal of buy with nine standing at a neutral position and only two indications of sell.

    Internet Computer Protocol
    Internet Computer Protocol

    A trader’s analysis identifies the formation of a bearish butterfly pattern by the price movements of ICP coin. Although the harmonic pattern is bearish in the long term, it suggests a price increase in the short to a medium-term timeframe. The price level of $50 lying at the 0.786 Fibonacci Retracement level is the next price target for ICP coin. Other major resistance levels/price targets lie at $81, $111, $129, $223 and finally $344. The 0.61 Fibonacci level at $39 has been registered as strong support.

    The estimates of Digital Coin Price also suggest a rise of ICP to $71.81 by the end of 2021 and a subsequent climb towards $203 by 2028. This shows the market sentiment for ICP still remains uncertain – where some projections show the cryptocurrency to be bullish in the short run, others regard it to be bullish in the long run.

  • UNUS SED LEO price prediction – LEO coin to break ATH?

    UNUS SED LEO price prediction – LEO coin to break ATH?

    UNUS SED LEO cryptocurrency has been on an uptrend since the end of June despite the bearish outlook of the market. The cryptocurrency has increased by 8% in the past seven days. At the time of writing, LEO coin stands at a price level of $3.13. The price has increased by 6% in the past twenty-four hours while the daily trading volume has declined by 35%. LEO coin is the twenty-eight largest cryptocurrency in the market.

    LEO coin technical analysis

    The market sentiment for the cryptocurrency is bullish given its uptrend. Out of the total twenty-six technical indicators, sixteen are giving out an indication of buy with five indicators standing at a neutral position and five at a sell position. The oscillators are bearish with a sell signal while the moving averages are suggesting a strong uptrend.

    LEO coin technical analysis
    LEO coin technical analysis

    LEO coin has observed phenomenal growth in the year 2021. The cryptocurrency started off the year with a price level of $1.3 and established its all-time high at $3.9 during the peak of the 2021 bull run. The market corrections after the bull run proved to be fatal for LEO coin as well; however, the cryptocurrency still did not reach its pre-bull run price levels. The current bullish trend of the market may be indicative of a strong bull wave. Per a trader’s analysis, the price level of $3.01 has been established as strong support by UNUS SED LEO. The immediate resistance level lies at the ATH price of $3.9. If the bullish momentum persists, LEO coin can reach towards breaking the ATH level.

    UNUS SED LEO price prediction

    The utility token used across the iFinex ecosystem is predicted to have a bright future. As the rate of return on the utility token depends on how much LEO is being held by the user, it incentivizes holding and; hence, causes a price increase. According to Wallet investor, LEO coin is estimated to have a price of $4.45 in a year’s time while the five-year projection lies at $10.40. Digital Coin Pricepredicts a similar future trajectory for the cryptocurrency with a price of $4.53 by the end of 2021 and $11.16 by 2026.

  • Klaytn price prediction – KLAY coin towards ?

    Klaytn price prediction – KLAY coin towards $1?

    Klaytn coin, after a strong downtrend, appears to have lost the strength of the bears. KLAY coin appears to have entered a brief consolidation period marked by decreased price volatility but swinging price movements. At the time of writing, KLAY coin stands at a price level of $0.89. The price of the cryptocurrency has increased only slightly – by 2% – in the past twenty-four hours while the daily trading volume has gone up by 60%. In the weekly timeframe, Klaytn observed a slight decrease of 2%.

    Klaytn technical analysis

    The market outlook for the cryptocurrency is bearish despite the slowed volatility and upward movement. Out of the total thirteen technical indicators, eight are giving out an indication of sell with four indicators standing at a neutral position and only one indication bullish. The oscillators are neutral while the moving averages are bearish.

    Klaytn technical analysis
    Klaytn technical analysis

    Klaytn Coin has been operating in a descending channel formation since the beginning of July. However, the price has become relatively stable with decreased volatility. The price action of the cryptocurrency appears to be consolidating while having become relatively stable. Does this mean the onset of bullish momentum for KLAY coin? The upcoming decisive price action will prove to be crucial for the future trajectory of the coin. Various important levels of support and resistance have also been identified for KLAY coin. The immediate resistance lies at the price level of $0.92 – at the 0.786 Fibonacci Retracement level – while the support lies at $0.76.

    KLAY coin price prediction

    Klaytn blockchain focuses on improving the user experience of the blockchain technology in order to boost its adoption. The long-term price predictions for the cryptocurrency are bullish. According to Wallet Investor, Klaytn will be operating at a price level of $2.52 in a year’s time while the five-year forecast places the cryptocurrency at $8.80. Digital Coin Price predicts a price of $1.3 by the end of 2021 while the five-year projection is at $3.3.

  • Celo crypto price prediction – To cross $3 soon?

    Celo crypto’s bullish momentum died in late July. Ever since then, cryptocurrency has been moving downhill on a strong trend. At the time of writing, Celo coin stands at a price level of $2.25. The price of the cryptocurrency has increased by 5% in the past twenty-four hours while the daily trading volume has shot up by 130%. In the weekly timeframe, Celo crypto has declined by 16% – whether the current upside movement is a reversal of the downward trend will be made clear by upcoming price actions.

    Celo crypto technical analysis

    The market sentiment for Celo continues to be strongly bearish. Out of the total twenty-six technical indicators, fourteen are giving out an indication of sell with nine indicators standing at a neutral position and one indication at a bullish sell. Both the oscillators and moving averages are strongly bearish with moving averages more so than the oscillators.

    Celo crypto technical analysis
    Celo crypto technical analysis

    Celo crypto’s current price movement has been identified to be mirroring historical price actions. The cryptocurrency is on an upward move currently. If Celo follows the historical price movements of late June, the current bullish momentum can be expected to last only for a short while. After which strong bearish pressure will lead the cryptocurrency to test crucial support levels. It is after the lows that Celo will begin to regain bullish momentum and reach towards breaking the high of the previous top. However, the analysis needs to be validated first by the cryptocurrency.

    Celo crypto price prediction

    The blockchain targeting crypto adoption of smartphone users appears to have a bullish outlook in the long term. According to Wallet Investor, the cryptocurrency is expected to have a price of $4.38 in a year’s time while the five-year projection is at $12.31. Per the estimates of Digital Coin Price, Celo coin will end the year with a price of $3.28 and is expected to reach towards $9.95 by 2028.

  • Bitcoin (BTC) price prediction – 0,000 when or if?

    Bitcoin (BTC) price prediction – $100,000 when or if?

    Bitcoin (BTC) – the king of the market – had crashed brutally in the market correction after the 2021 bull run. The sentiment, although largely bearish in the short term, is still unclear. It is expected of the cryptocurrency to reach towards the high if not more, observed during the bull run. On the other hand, the prolonged bearish momentum has also led to doubts about the future of cryptocurrency.

    At the time of writing, BTC coin stands at a price level of $30,616. The price has declined by 3% in the daily timeframe – marked by decreased volatility – while the trading volume has gone down by 7%. The market dominance of the king of cryptocurrency stands at 46%.

    The market outlook for Bitcoin continues to be bearish given the dominance of the bears. Out of the total technical indicators, fifteen are giving out a signal of sell with nine indicators standing at a neutral position and only two indicators at a buy position. The oscillators are neutral while the moving averages suggest a strong sell.

    Bitcoin (BTC) price prediction – To $100,000?

    According to a poll issued by Santiment – the crypto data analytics firm – on Twitter, users are bullish on Bitcoin. Thirty percent of the poll respondents think that Bitcoin will cross $100,000 during 2021 while eleven percent voted that BTC will never cross $100,000. Is it possible for Bitcoin to cross $100,000 that too in 2021? Per the estimates of Wallet investor, Bitcoin’s one-year forecast places the cryptocurrency at $58,136 while the five-year projection suggests a price of $163,008. Digital Coin Price predicts Bitcoin will end the year with a price level of $47,478 and the $100,000 mark will be crossed in 2026.

    For many, the question of $100,000 for Bitcoin remains a “when” and not an “if”. While the cryptocurrency may be bearish in the short-term, it has been established as a digital asset and a store of value; hence, it is expected to only rise in value.