2022-5-22 16:24 |
In this guide, we will voice our own and market’s opinion on IOTX future while discussing IoTeX price forecast for 2022 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like IoTeX.
Now, let’s head into it. Before we delve deep into the IoTeX price prediction and answer questions if IOTX is a good investment or not, why will IOTX succeed or fail or why will IoTeX price rise or drop, let’s quickly throw a glance at what is IOTX and its to date history.
IOTX Price Prediction For The Next 90 DaysThe whole crypto world is on a verge of a full-fledged bear market. Bitcoin has slumped 50% from its all time high amid the broader market drops impacted by raging inflation and US Fed rate increases. Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off. Our algo still sees a some green in 2022, especially in the second part of the year. This is reflected in our 2022 predictions. Right now, Bitcoin needs to find a local bottom before we can move in the opposite direction and reverse the trend. Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distanced and more recent history. Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike. CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.
Below is a tabular overview of how will IOTX develop in the short-term (for the next 90 days), according to our prediction model:
IoTeX Price Prediction 2022
The majority of experts agree that this bear market will last at least for the first quarter of 2022 before we see some stabilization and small trend reversals. CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of 2022:
IOTX Price Prediction 2025Our prediction model sees IOTX reaching $ 0.1538 in 2025.
What will IOTX be worth in 5 years?The price of IOTX in 5 years could lie around $ 0.1214, according to CaptainAltcoin’s prediction model.
IotEx Price Prediction 2030 – 2040Read also:
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