As a rule, when such much-anticipated projects get listed on cryptocurrency exchanges for the first time, their price skyrockets for the first several weeks. When people rush to buy the new potential ‘big thing’, the high demand pushes the market cap up. As such, it may be reasonable to suggest that the Pi network’s price will increase. However, the price normally doesn’t remain high for a long time. Its main goal is to make cryptocurrency mining more accessible. Unlike mining Bitcoin, which has put cryptocurrency mining beyond the reach of everyday users, the Pi network allows you to mine coins using a mobile phone app.
Shiba Inu price is experiencing an increase in volatility as the price has declined by the largest percentage amount this year. This analysis enables traders to forecast a bullish and bearish scenario through the use of technical indicators and classical price action techniques. Bitcoin’s price has risen 1% today after briefly losing support from the $23,000 price zone. The 21-day simple moving average has jumped in to provide support. This is the first time Bitcoin has engaged with the 21-day SMA since it traded at $16,000 during the first week of January.
The developers of the Pi network are yet to provide details on the number of coins that will be in circulation when the project is officially released. According to the Pi project’s developers, personal networks enhance the security of the Pi Network by bringing in family and friends. Some may feel sceptical, claiming that such a structure of the Pi Network could be a pyramid scheme.
The chart is divided into “candles” that give us information about Vita Inu’s price action in 1-hour chunks. Each candlestick will display VINU’s opening price, closing price, as well as the highest and lowest prices that Vita Inu reached within the 1-hour period. Many cryptocurrency traders pay close attention to the markets when the current Vita Inu price crosses an important moving average like the 200-day SMA. Below you can see the Viacoin hourly, daily, weekly and monthly price predictions. These predictions aim to give you an indication of what Viacoin will be worth in one hour, today, tomorrow, over the next week and next month.
XVG Coin Price Prediction For Q3
If the VINU price moves above any of these averages, it is generally seen as a bullish sign for Vita Inu. Conversely, a drop below an important moving average is usually a sign of weakness in the VINU market. Chiliz price witnessed a 13% decline, making it the largest red day of 2023.
The average price of Viacoin might go to $0.099 by the end of this year. If we estimate the five-year plan, it is estimated that the coin will easily reach the $0.41 mark. According to the latest data gathered, the current price of Viacoin is $0.053 and VIA is currently ranked #1383 in the entire crypto ecosystem. The circulation supply of via coin price prediction Viacoin is 23,174,755 with a marketcap of $1,234,735. Because Viacoin has strong fundamentals and a lot of people are invested in this cryptocurrency, we predict that the future for VIA looks promising. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the VIA price.
Viacoin Key Price Levels
If the VIA price moves above any of these averages, it is generally seen as a bullish sign for Viacoin. Conversely, a drop below an important moving average is usually a sign of weakness in the VIA market. Moving averages are among the most popular Vita Inu price prediction tools. As the name suggests, a moving average provides the average closing price for VINU over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for VINU is a sum of VINU’s closing prices over the last 12 days which is then divided by 12.
The price of COIN will increase as more investors get involved in the project. In year 2024, COIN will be worth about an average price of $0.22. In five years, COIN https://cryptolisting.org/ will have a minimum price of $0.79 and a maximum price of $0.66 per $COIN. Since COIN is traded on a supply-and-demand basis, its value fluctuates drastically.
In terms of price, Viacoin has an outstanding potential to reach new heights. According to specific experts and business analysts, Viacoin can hit the highest price of $2.97 till 2030. The coin is up by 19.56% with the maximum average price of the coin was around $0.050 and the minimum average price of was around $0.046 in past 4 months. The 200-day SMA is calculated by taking Viacoin’s closing prices in the last 200 days, adding them together, and dividing the total by 200. The Viacoin price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Comparing Viacoin against other important technological innovations and trends is one way of predicting where the Viacoin price could head over the long term.
At the end of 2021, the organisation started releasing tech and product updates to improve the Pi Ecosystem. The KYC App Pilot is listed among the innovations that have been deployed on a limited basis. The purpose of using the KYC App Pilot is to improve the app’s usability, enhance machine automation and start the verification process of the Pi holders. As part of the innovation and improvement process, the Pi Block Explorer has also been released.
Viacoin (VIA) Price Prediction 2026
To start mining Pi coins, one needs to install the Pi mining app, which works as a cryptocurrency wallet connected to a user’s smartphone or Facebook account. Like other public blockchains, the Pi blockchain allows external wallets to hold Pi coins and submit transactions directly to the Pi blockchain. However, these procedures are impossible because the developers haven’t released the source code yet. Currently, the Pi coin isn’t available to trade on any cryptocurrency or exchange platform. The Pi holders can’t spend the cryptocurrency without these keys. One person can have only one Pi account, and 25% of all Pi coins are allocated to the Pi core team.
- Phrase 2 started a year later when the number of active participants totalled 3.5 million.
- Similarly, Vita Inu resistance levels are at $ 1.710e-8, $ 1.874e-8, and $ 1.962e-8..
- However, the price normally doesn’t remain high for a long time.
The bankrupt hedge fund has since been left to liquidators to make the most of its remaining assets. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. CoinSwitch estimates the Pi coin’s price may reach $20 in 2022 and go up to $50 by 2025.
The owners of Pi nodes will be able to get a cut of transaction fees only when the open mainnet launches and the Pi coin gets listed on cryptocurrency exchanges. XVG might come up with certain improvements and might announce certain partnerships for collaborations in the future. This chart shows long-term VIA crypto price prediction for the next several years.
What will the price of Viacoin be next week?
The launch of the Pi coin is scheduled for Phase 3 of the Pi Network’s development. Timing depends on the progress of the Pi Network’s testing phase and the subsequent listing of the cryptocurrency on crypto exchanges. If you believe in the project’s future and feel optimistic about the Pi Network price prediction, you can get your Pi node now.
Viacoin forecast and prediction overview
Based on today’s classical pivot point with the value of $ 1.622e-8, Vita Inu has support levels of $ 1.458e-8, $ 1.370e-8, and the strongest at $ 1.206e-8. Similarly, Vita Inu resistance levels are at $ 1.710e-8, $ 1.874e-8, and $ 1.962e-8.. Based on our technical indicators, Vita Inu’s 200-day SMA will rise in the next month and will hit $ 1.835e-8 by Mar 11, 2023. Vita Inu’s short-term 50-Day SMA is estimated to hit $ 2.122e-8 by Mar 11, 2023.
Users can honour wallet balances only when the cryptocurrency shifts from the testnet to the mainnet and when the blockchain network is fully deployed. To start mining the Pi cryptocurrency, you need to open the app at least once per 24 hours and tap the lightning button. You can make a 25% bonus by inviting other trusted members to join the Pi app. Elena is an expert in technical analysis and risk management in cryptocurrency market.
The Pi Network doesn’t have the price history either, which makes it difficult for us to analyse how its price responds to the crypto market’s movements. The maximum price of VIA ever recorded was $6.94, and this is the first theoretical high where the price of Viacoin can return on the next bull run. Keep in mind VIA is low trade volume crypto, so volatility can be higher than for most highly liquid coins. This is a short-term price prediction/forecast, includes only the next 10 days, updated every 5 hours. According to our price prediction, our analysis suggests that Viacoin is currently a smart investment. Some traders use different moving averages than the 50-day and 200-day SMAs to define death crosses and golden crosses.
Still, a trade-per-trade stance is being implemented as markets are highly elevated since January’s 40% rally. Phrase 2 started a year later when the number of active participants totalled 3.5 million. To finance the project, the first Pi ads were launched in May 2020. In less than half a year, on 25 November, the total number of active users engaged in the Pi network reached 29 million. Quick Updates on latest trends in financial services, fintech, digital strategy and more with our industry leading Fintech Channel. As bearish dominance prevailed for over months, the asset plummeted to a bottom of $0.02.
However, all definitions include a short-term SMA crossing above or falling below a long-term SMA. The key price level for Vita Inu are the $ 1.458e-8, $ 1.370e-8 and $ 1.206e-8 support levels and the $ 1.710e-8, $ 1.874e-8 and $ 1.962e-8 resistance levels. Price breaks from those levels could indicate higher volatility in the coming days.
