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- Bullish Magic Eden worth prediction ranges from $5 to $15.
- Evaluation means that the Magic Eden worth would possibly attain above $12.
- The Magic Eden bearish market worth prediction for 2025 is $2.
Magic Eden is the #1 BTC DEX, #1 NFT platform, and constructing a cross chain mobile-native buying and selling decentralized app (dApp). Their imaginative and prescient for the longer term is to make digital possession common. To perform this objective, Magic Eden would be the entrypoint for all crypto customers to go onchain and commerce all belongings on all chains in a single platform. $ME will speed up the expansion of onchain customers by rewarding customers with $ME for buying and selling all belongings on all chains, to be debuted through Magic Eden’s rewards program
$ME holders have the flexibility to obtain additional rewards from staking, contribute to the $ME ecosystem, and have governance rights over key protocol improvement route.
What’s Magic Eden (ME)?
$ME represents essentially the most highly effective suite of cross chain buying and selling, minting, and pockets protocols that’s powering the onchain financial system. Adopted by Magic Eden as their official token, $ME will characterize the most important neighborhood of onchain customers who will earn $ME for buying and selling all belongings on all chains.
Magic Eden (ME) Worth Evaluation
Will Magic Eden ’s most up-to-date enhancements, additions, and modifications assist its worth rise?
Magic Eden (ME) Worth Evaluation – Bollinger Bands
The Bollinger bands are primarily three bands– the higher band, center band and decrease band. These bands broaden and contract primarily based available on the market dynamics. The center band is the typical, whereas the higher band and decrease band are the intense ends that the value rises or falls to. Primarily based on how the merchants work together, the bands broaden and contract. When the band expands, there could possibly be an increase or fall of worth by an enormous margin. Nonetheless, quite the opposite when the band shrinks, there’s not going to be a lot fluctuation in costs.
Magic has been on an uptrend since Christmas Eve. The token rose from $2.9 and it’s buying and selling at $3.84, at press time. Throughout this leg up ME was at all times fluctuating throughout the higher half of the Bollinger bands, testing the higher and SMA a number of occasions. At current, Magic Eden is being supported by the SMA in a extremely risky market. As such, there’s a excessive likelihood that ME may check the higher Bollinger band a number of occasions sooner or later.
Magic Eden (ME) Worth Evaluation – Relative Energy Index
The Relative Energy Index (RSI) indicator used to measure whether or not the value of a cryptocurrency is over or undervalued. For this objective, it has two excessive areas generally known as the overbought and oversold areas.
When the RSI reads a worth (>70) then the crypto is overbought, which implies that on account of extra shopping for the demand has elevated as such the value has additionally elevated. Then again, when it’s oversold (<30), many are promoting, as such, its worth is undervalued.
The RSI indicator reads a worth of 51 on its scale. Because the RSI is neither overbought nor oversold, it could possibly be stated that the market is secure. Nonetheless, the RSI has fallen beneath the SMA, which isn’t a very good signal. This reveals that on common ME is underperforming.
Furthemore, the dotted traces on the chart present a bearish divergence. It’s an occasion the place the RSI makes decrease lows whereas the token makes larger lows. Often when this occurs, it reveals that the uptrend is weakening and going to finish very quickly.
Magic Eden (ME) Worth Evaluation – Transferring Common Convergence and Divergence (MACD)
The Transferring Common Convergence and Divergence indicators use two exponential shifting averages (EMA) to search out how the cryptocurrency is doing. Often, the longer EMA is the 26-Day EMA and the shorter is the 12-Day EMA. The MACD is discovered by decreasing the 12-day EMA from the 26-day EMA. If the MACD is constructive which means the crypto is performing but when it’s detrimental, then it’s dropping worth.
The MACD indicator reads a worth of 0.091 and it’s heading downwards. The MACD line has crossed beneath the MACD-SMA. This reveals that ME is beneath par when its previous few days are thought-about. The enlarging pink bars rising from the histogram reveals that the MACD line is shifting away from the MACD-SMA.
Magic Eden (ME) Worth Prediction 2025-2050 Overview
| 12 months | Minimal Worth | Common Worth | Most Worth |
| 2025 | $7.5 | $12 | $15 |
| 2026 | $6 | $8.5 | $10 |
| 2027 | $9 | $13 | $17 |
| 2028 | $15 | $17 | $21 |
| 2029 | $28 | $35 | $50 |
| 2030 | $18 | $22 | $30 |
| 2040 | $45 | $65 | $90 |
| 2050 | $80 | $105 | $150 |
Magic Eden (ME) Worth Prediction 2025
After being assisted on the $2 help stage Magic Eden discovered its footing and began to rise. At press time it priced at $3.9 which is one other robust help stage. Since Magic Eden is at the moment on an uptrend, there’s a excessive likelihood that this development may proceed in the course of the course of 2022. Subsequently, Magic Eden may rise and check the resistance stage at $7. If ME manages to interrupt by means of $7, it may hit $12. Nonetheless, within the unlucky occasion that ME’s present uptrend is hindered by the bears, then Magic Eden could possibly be in search of help at $2.
Magic Eden (ME) Worth Prediction – Resistance and Help Ranges
ME has been rejected at Resistance 1 and it’s at the moment being supported at $3.9 stage. 2025 would be the 12 months the place ME may break resistance 2 at $5.4 and resistance 3 at $7, and set up new resistance and help ranges within the larger areas.
Magic Eden (ME) Worth Prediction 2026
As per the market cycle, it’s anticipated that after a protracted interval of bull run, the bears will come into energy and begin negatively impacting the cryptocurrencies. Throughout this bearish sentiment, the Magic Eden may tumble into its help areas. Throughout this era of worth correction, Magic Eden may lose momentum and be means beneath its 2025 worth. As such, it could possibly be buying and selling at $8.5 by 2026.
Magic Eden (ME) Worth Prediction 2027
Throughout this era, the market could be therapeutic from the deep lacerations of the bear. With merchants being tentative, there may not be a lot motion available in the market, because it consolidates. As such, we may count on Magic Eden (ME) to commerce at round $13 by the tip of 2027.
Magic Eden (ME) Worth Prediction 2028
Because the crypto neighborhood’s hope will probably be re-ignited wanting ahead to Bitcoin halving like many altcoins, Magic Eden might reciprocate its previous habits in the course of the BTC halving. Therefore, Magic Eden (ME) could be buying and selling at $17 after experiencing a substantial surge by the tip of 2028.
Magic Eden (ME) Worth Prediction 2029
2029 is predicted to be one other bull run as a result of aftermath of the BTC halving. Nonetheless, merchants speculate that the crypto market will progressively grow to be secure by this 12 months. In tandem with the secure market sentiment, Magic Eden (ME) could possibly be buying and selling at $35 by the tip of 2029.
Magic Eden (ME) Worth Prediction 2030
After witnessing a bullish run available in the market, Magic Eden and plenty of altcoins would present indicators of consolidation and would possibly commerce sideways and transfer downwards for a while whereas experiencing minor spikes. Subsequently, by the tip of 2030, Magic Eden (ME) could possibly be buying and selling at $22.
Magic Eden (ME) Worth Prediction 2040
The long-term forecast for Magic Eden signifies that this altcoin may attain a brand new all-time excessive (ATH). This may be one of many key moments as HODLERS might count on to promote a few of their Cash on the ATH level.
If they begin promoting then Magic Eden may fall in worth. It’s anticipated that the typical worth of Magic Eden (ME) may attain $65 by 2040.
Magic Eden (ME) Worth Prediction 2050
Since cryptocurrency will probably be revered and broadly accepted by most individuals in the course of the 2050s, we are going to see the lots imagine extra in it. As such Magic Eden (ME) may attain $105.
Conclusion
Magic Eden is a cryptocurrency that has a number of potential. In latest occasions, it has grow to be widespread and it’s mirrored by its uptrend and if this uptrend continues, Magic Eden may attain $12.
FAQs
$ME represents essentially the most highly effective suite of cross chain buying and selling, minting, and pockets protocols that’s powering the onchain financial system.
Magic Eden is obtainable on many exchanges like Bybit, Binance, Coinbase and many others.
With a lot potential available in the market for Magic Eden, there’s a excessive likelihood that Magic Eden may attain the All Time Excessive.
Since Magic Eden has a number of potential it may attain $12.
Magic Eden is an effective funding for 2025.
The bottom worth of Magic Eden is $2.6.
The utmost provide of Magic Eden is 1B Magic Eden
Magic Eden could possibly be saved in a scorching or chilly pockets, or trade pockets.
Magic Eden is predicted to achieve $12 by 2025.
Magic Eden is predicted to achieve $8.5 by 2026.
Magic Eden is predicted to achieve $13 by 2027.
Magic Eden is predicted to achieve $17 by 2028.
Magic Eden is predicted to achieve $35 by 2029.
Magic Eden is predicted to achieve $22 by 2030.
Magic Eden is predicted to achieve $65 by 2040.
Magic Eden is predicted to achieve $105 by 2050.
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