- Magic Eden bullish value prediction ranges from $5 to $15.
- Evaluation means that Magic Eden value may exceed $12.
- The bearish Magic Eden market value prediction for 2025 is $2.
Magic Eden is the #1 BTC DEX, #1 NFT platform, and creates a local cross-chain cellular buying and selling decentralized software (dApp). Their imaginative and prescient for the long run is to make digital possession common. To attain this aim, Magic Eden would be the entry level for all crypto customers to entry the chain and commerce all property from all chains on a single platform. $ME will speed up onchain consumer progress by rewarding customers with $ME for buying and selling all property throughout all chains, which is able to launch via Magic Eden's rewards program.
$ME holders have the chance to obtain extra rewards via staking, contribute to the $ME ecosystem, and have governance rights over the important thing route of protocol improvement.
What’s Magic Eden (ME)?
$ME represents probably the most highly effective suite of cross-chain buying and selling, minting, and pockets protocols powering the on-chain financial system. Adopted by Magic Eden as its official token, $ME will characterize the biggest group of onchain customers who will earn $ME by buying and selling all property throughout all chains.
Magic Eden (ME) Worth Evaluation
Will Magic Eden's latest enhancements, additions, and modifications assist enhance its value?
Magic Eden (ME) Worth Evaluation – Bollinger Bands
Bollinger Bands are primarily composed of three bands: the higher band, the center band and the decrease band. These bands increase and contract primarily based on market dynamics. The center band is the common, whereas the higher band and decrease band are the acute ends to which the value rises or falls. Relying on how merchants work together, bands increase and contract. When the band widens, there could possibly be a substantial rise or fall in costs. Nevertheless, quite the opposite, when the band narrows, costs don’t fluctuate a lot.
Magic has been on the rise since Christmas Eve. The token rose from $2.9 and is buying and selling at $3.84 at press time. Throughout this stage, ME was nonetheless fluctuating within the higher half of the Bollinger Bands, testing the higher portion and the SMA a number of instances. At present, Magic Eden is supported by the SMA in a really risky market. As such, there’s a good probability that ME may check the higher Bollinger band a number of instances sooner or later.
Magic Eden (ME) Worth Evaluation – Relative Power Index
The Relative Power Index (RSI) indicator lets you measure whether or not the value of a cryptocurrency is overvalued or undervalued. For this function, there are two excessive areas known as overbought and oversold areas.
When the RSI reads a price (>70), the crypto is overbought, that means that as a consequence of elevated shopping for, demand has elevated and the value has additionally elevated. Alternatively, when it’s oversold (<30), many promote it, its value is subsequently undervalued.
The RSI indicator reads a price of 51 on its scale. Because the RSI is neither overbought nor oversold, we are able to say that the market is steady. Nevertheless, the RSI has fallen under the SMA, which isn’t signal. This exhibits that on common ME is underperforming.
Moreover, the dotted strains on the chart present bearish divergence. It is a case the place the RSI makes decrease lows whereas the token makes greater lows. Often when this occurs it exhibits that the uptrend is weakening and goes to finish very quickly.
Magic Eden (ME) Worth Evaluation – Shifting Common Convergence and Divergence (MACD)
Shifting Common Convergence and Divergence indicators use two exponential transferring averages (EMA) to find out the motion of the cryptocurrency. Often, the longer the EMA is the 26 day EMA and the shorter the 12 day EMA. The MACD is obtained by decreasing the 12-day EMA from the 26-day EMA. If the MACD is constructive, it means the crypto is performing nicely, however whether it is detrimental, then it’s dropping worth.
The MACD indicator is studying a price of 0.091 and it’s heading decrease. The MACD line has moved under the MACD-SMA. This exhibits that ME is under common contemplating its latest days. The enlarged crimson bars rising from the histogram present that the MACD line is transferring away from the MACD-SMA.
Magic Eden (ME) Worth Prediction 2025-2050 Overview
| Yr | Minimal value | Common value | Most value |
| 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 assist stage, Magic Eden discovered its footing and began to rise. At press time, it was priced at $3.9, which is one other sturdy assist stage. Since Magic Eden is at present on an uptrend, there’s a excessive probability that this pattern will proceed throughout 2022. Due to this fact, Magic Eden may rise and check the resistance stage at $7. If ME manages to interrupt above $7, it may attain $12. Nevertheless, within the unlucky occasion that ME's present uptrend is hampered by bears, Magic Eden may then search assist at $2.
Magic Eden (ME) Worth Prediction – Resistance and Help Ranges
ME was rejected at Resistance 1 and is at present supported on the $3.9 stage. 2025 would be the yr when ME may break resistance 2 at $5.4 and resistance 3 at $7, and set up new resistance and assist ranges within the higher areas.
Magic Eden (ME) Worth Prediction 2026
Relying in the marketplace cycle, it’s anticipated that after a protracted interval of bullishness, the bears will take over and begin having a detrimental affect on cryptocurrencies. Throughout this bearish sentiment, Magic Eden may fall into its assist areas. Throughout this era of value correction, Magic Eden may lose momentum and fall nicely under its 2025 value. Thus, it may commerce at $8.5 by 2026.
Magic Eden (ME) Worth Prediction 2027
Throughout this time, the market can be therapeutic from the deep lacerations attributable to the bear. With merchants hesitant, there will not be a lot motion out there because it consolidates. As such, Magic Eden (ME) could possibly be anticipated to commerce at round $13 by the tip of 2027.
Magic Eden (ME) Worth Prediction 2028
Because the crypto group's hope shall be reignited in anticipation of a Bitcoin halving like many altcoins, Magic Eden may reciprocate its previous conduct throughout the BTC halving. Thus, Magic Eden (ME) would commerce at $17 after seeing a substantial rise by the tip of 2028.
Magic Eden (ME) Worth Prediction 2029
2029 is anticipated to be one other rise as a result of penalties of the BTC halving. Nevertheless, merchants consider that the crypto market will progressively stabilize by this yr. Together with steady market sentiment, Magic Eden (ME) may commerce at $35 by the tip of 2029.
Magic Eden (ME) Worth Prediction 2030
After witnessing an uptrend out there, Magic Eden and lots of altcoins are reportedly displaying indicators of consolidation and should commerce sideways and decline for some time whereas experiencing minor spikes. Due to this fact, by the tip of 2030, Magic Eden (ME) may commerce at $22.
Magic Eden (ME) Worth Prediction 2040
Lengthy-term predictions for Magic Eden point out that this altcoin may attain a brand new all-time excessive (ATH). This might be one of many key moments as HODLERS may count on to promote a few of their cash on the ATH level.
If they begin promoting, Magic Eden may lose worth. The typical value of Magic Eden (ME) is anticipated to succeed in $65 by 2040.
Magic Eden (ME) Worth Prediction 2050
As cryptocurrency turns into revered and extensively accepted by most individuals throughout the 2050s, we’ll see the plenty believing in it extra. Thus, Magic Eden (ME) may attain $105.
Conclusion
Magic Eden is a cryptocurrency that has plenty of potential. These days it has change into fashionable and that is mirrored in its uptrend and if this uptrend continues, Magic Eden may attain $12.
FAQs
$ME represents probably the most highly effective suite of cross-chain buying and selling, minting, and pockets protocols powering the on-chain financial system.
Magic Eden is obtainable on many exchanges like Bybit, Binance, Coinbase and many others.
With nice potential within the Magic Eden market, there’s a excessive chance that Magic Eden can attain the all-time excessive.
As Magic Eden has plenty of potential, it may attain $12.
Magic Eden is an effective funding for 2025.
The bottom value of Magic Eden is $2.6.
The utmost reserve of Magic Eden is 1 billion Magic Eden.
Magic Eden will be saved in a sizzling or chilly pockets, or in an alternate pockets.
Magic Eden is anticipated to succeed in $12 by 2025.
Magic Eden is anticipated to succeed in $8.50 by 2026.
Magic Eden is anticipated to succeed in $13 by 2027.
Magic Eden is anticipated to succeed in $17 by 2028.
Magic Eden is anticipated to succeed in $35 by 2029.
Magic Eden is anticipated to succeed in $22 by 2030.
Magic Eden is anticipated to succeed in $65 by 2040.
Magic Eden is anticipated to succeed in $105 by 2050.
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