According to our historical data, it is currently not profitable to invest in NAGA. The price of NAGA decreased by -35.67% in the last 1 year, while the coin’s 3-year performance is -98.63%. In , () is anticipated to change hands in a trading channel between and , leading to an average annualized price of . This could result in a potential return on investment of compared to the current rates. Showing market cap and how it’s compared to different cryptocurrencies.
NAGA to USD Chart
Traders use this indicator to identify short-term overbought or oversold conditions. The highest price ever recorded for NGC was $3.26, which we consider to be a key level for the price of NAGA to potentially return to in the next bull run. However, our algorithmic prediction system suggests that the price may exceed this level and reach as high as $31.84 within the next ten years. It’s the maximum price we expect NGC to reach by the end of this year, and the minimum is $1.85, so we expect the price to be in the $1.85 – $-3.51E-1 range. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. Wealth distribution is an important factor to consider when researching a cryptocurrency.
the NAGA Forecast & Prognosis
This chart shows long-term NGC crypto price prediction for the next several years 2025, 2030, and 2040. When trying to make a NAGA forecast, many traders also try to monitor the activity of NGC “whales”, which are entities and individuals that control large amounts of NGC. Since the NAGA market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on NAGA’s price movements.
NGC Technical Analysis
The NAGA Group AG’s backing and the support from notable figures like Roger Ver and Miko Matsumura underscore the project’s credibility and potential in the blockchain space. If you’re open to discovering new cryptos, consider the NAGA coin. The project comes with a pretty bold mission – to transform an old banking sector. The total circulating supply of NAGA at the time of writing is 77.91M and the market cap of NGC remains at $1.80M. NAGA Price Prediction for 2040, Based on our forecast, we anticipate that by 2040, the price of NGC will range between $8.22 and $22.12. This forecast suggests a potential increase of up to 84,565% compared to its current value.
- The technology behind NAGA is multifaceted, blending blockchain innovation with social trading and artificial intelligence.
- This creates a social trading environment where users can learn from each other and potentially improve their trading outcomes.
- Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
- Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts. Not to mention predicting something so perfect is completely impossible. December is the best month, and June is the worst by analysing data of the last eight years. Currently, the NAGA Fear & Greed Index stands at 65, which means that investors’ sentiment is in the so-called Greed zone. Currencies that are positively correlated with NAGA indicate that the movement of one has a statistically significant weight to lead the other in the same direction.
NAGA Coin serves as the core fuel for NAGA Trader, NAGA DeFi, and NAGA Social Betting. These platforms enable users to reduce fees, create smart contracts for copy trading, and engage in social betting, thus fostering a unique social trading environment. NAGA’s platform is designed to cater to a global community of over 1 million users, providing them with the technology, resources, and assistance needed for trading.
- Candlesticks can represent NAGA’s price action in different time frames, such as 5-minute for short-term and weekly for long-term trends.
- Consequently, the determination of whether or not to invest in NAGA will hinge on whether such an investment aligns with your trading aspirations.
- The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels.
- NAGA Trader is a platform where users can engage in social trading, allowing them to follow and copy the trades of successful investors.
- By integrating these features, NAGA continues to push the boundaries of what is possible in the world of decentralized finance.
USDC Price Prediction, USDC Forecast
NAGA Coin (NGC) serves as the utility token within the NAGA ecosystem, facilitating various functions such as reducing fees and enabling smart contracts for copy trading. Launched on December 17, 2017, NGC was developed in partnership with the German publicly listed FinTech company, The NAGA Group AG. Despite facing some challenges in adoption, NGC remains a central element of NAGA’s vision for a decentralized financial ecosystem. In addition to its trading platform, NAGA has recently merged with CAPEX.com and launched a trading app integrated into Telegram messenger. This integration allows users to trade directly from their messaging app, making the process more convenient and accessible. The incorporation of Rezolve AI into the platform, set to go live in Q4 2023, is another example of NAGA’s commitment to leveraging cutting-edge technology to enhance user experience.
According to NAGA price prediction 2045, our prediction suggests that NAGA price will fluctuate within a range of $0.1769 (minimum) to $0.4682 (maximum). Additionally, based on technical analysis and price movements, the average trading price of NGC is expected to be around $0.2563 in 2045. Below are detailed predictions for each month of the year 2045. According to NAGA price prediction 2035, our prediction suggests that NAGA price will fluctuate within a range of $0.1095 (minimum) to $0.4120 (maximum). Additionally, based on technical analysis and price movements, the average trading price of NGC is expected to be around $0.2001 in 2035. Below are detailed predictions for each month of the year 2035.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The NAGA price prediction on CoinCodex is calculated using the historical NAGA price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic NAGA prediction.
Some NAGA coin predictions do not predict the price fall in the long run, but current trends signal the opposite. Most NAGA coin predictions state that the token is not popular yet and is not even listed in the top 100 cryptos. And often the market does not see something beyond the hype. The determination to procure NAGA is entirely contingent on your individualistic risk tolerance.
Candlesticks can represent NAGA’s price action in different time frames, such as 5-minute for short-term and weekly for long-term trends. CoinCodex tracks 38,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including NAGA. The naga coin price prediction readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels.