cryptocurrency

eCash 2022 Price Prediction – Will XEC Reach $0.00036 Soon?

  • XEC bullish price forecast is $0.000050 to $0.00016.
  • XEC will also be priced at $0.00036 soon.
  • The bearish market price forecast for XEC for 2022 is $0.000003.

In our eCash Price Forecast (XEC) 2022, we use statistics, price patterns, RSI, RVOL, and many other information about XEC to analyze the future movement of cryptocurrencies.

The current market status of eCash

according to Queen GekkoXEC price is $0.00038 with a 24-hour trading volume of $12,369,136 at the time of writing. However, XEC is down about 3.63% in the last 24 hours.

Furthermore, XEC has a circulating supply of 19,175,579,673,303 XEC. Currently, XEC trades on crypto exchanges such as Binance, OKX, DigiFinex, Bybit, and MEXC.

What is eCash (XEC)?

ECash (XEC) is the modified version of Bitcoin Cash ABC (BCHA), the same fork of Bitcoin (BTC) and Bitcoin Cash (BCH). He called himself a cryptocurrency that was designed to be used as electronic cash. XEC is not an ERC-20 token, but rather its own blockchain similar to Bitcoin (BTC). The developers of the eCash (XEC) coin intend to support the Ethereum Virtual Machine (EVM) compatibility – to be interoperable with the Decentralized Finance (DeFi) sector on Ethereum (ETH).

eCash (XEC) Forecast Prices 2022

eCash is now 60th on CoinGecko. The XEC 2022 price forecast is explained below with a daily time frame.

XEC/USDT Horizontal Channel Pattern (Source: TradingView)

The horizontal channel, or sideways trend, appears as a rectangular pattern. It consists of at least four contact points. This is because it needs at least two low points of connection, as well as two highs. Buying and selling pressures are equal, and the prevailing direction of price action is sideways. Horizontal channels provide a clear and systematic way to trade by providing points of sale and purchase. When the price reaches the top of the channel, sell your current long position or take a short one. The difference between the other two is that the horizontal channel is characterized by having equal highs and lows.

Currently, XEC is in the $0.00038 range. If the pattern continues, XEC price could reach the $0.0000046, $0.00059 and $0.000093 resistance levels. If the trend reverses, XEC price could drop to $0.00036.

eCash (XEC) Support and Resistance Level

The chart below shows the support and resistance level for XEC.

CheckUSDT Support and Resistance Level (Source: TradingView)

From the daily time frame above, it is clear that what follows are the resistance and support levels for XEC.

  • Resistance Level 1 – $0.000050
  • Resistance Level 2 – $0.00068
  • Resistance Level 3 – $0.00010
  • Resistance Level 4 – $0.00016
  • Support Level – $0.000003

The charts show that XEC has taken an upward trend over the past month. If this trend continues, XEC may act in tandem with the bulls breaking the resistance at $0.00016.

Accordingly, if investors turn against the cryptocurrency, the price of XEC could drop to close to $0.000003, which is a bearish sign.

eCash Price Prediction 2022 – RVOL, MA and RSI

The relative volume (RVOL) of XEC is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous volume of traders. Currently, the RVOL for XEC is below the cutoff line, indicating weaker participants in the current trend.

XEC/USDT RVOL, MA, RSI (Source: TradingView)

More so, the moving average (MA) for XEC is shown in the above chart. Currently, XEC is in a downturn. Notably, the XEC price is below the 50 MA (short term), so it is quite in a downtrend. Therefore, there is a possibility of a reversal of the XEC trend at any time.

Meanwhile, the XEC Relative Strength Index (RSI) is at 40.23. This means that the XEC is not in an oversold or overbought state. However, this means that a major reversal of the XEC price could occur in the coming days. Therefore, traders need to trade carefully.

eCash Price Prediction 2022 – ADX, RVI

Let’s now take a look at the eCash Average Directional Indicator (ADX). It helps to measure the overall strength of a trend. The indicator is the average of the values ​​of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.

XEC / USDT ADX, RVI (Source: TradingView)

The chart above represents the eCash ADX indicator. Currently, XEC is in the range of 33.84, so it indicates a strong trend.

From the chart above, the XEC’s Relative Volatility Index (RVI). RVI measures the continuous skewness of price changes over a period of time rather than price changes. XEC’s RVI is above 50 levels, indicating high volatility. In fact, the XEC RSI is at 61.58 confirming a possible buy signal.

Comparison of XEC with BTC and ETH

The chart below shows a price comparison between Bitcoin, Ethereum, and eCash.

BTC Vs ETH Vs XEC Price Comparison (Source: TradingView)

From the above chart, we can identify the trend of ETH, BTC and XEC moving along the same trend level. This indicates that when the price of BTC increases or decreases, the price of ETH and XEC also increases or decreases, respectively.

eCash (XEC) Price Forecast 2023

If the declining price movement completely slows down in momentum and reverses, eCash (XEC) is likely to reach $0.00050 by 2023.

eCash (XEC) Price Forecast 2024

With several network upgrades, eCash (XEC) may enter an upward trajectory. If the coin catches the attention of major investors, XEC could rise to $0.00093 by 2024.

eCash (XEC) Price Forecast 2025

If eCash (XEC) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next three years, XEC will rise to $0.0010.

eCash (XEC) Price Prediction 2026

If eCash (XEC) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, XEC will rise to $0.0062.

eCash (XEC) Price Forecast 2027

If eCash (XEC) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, XEC will rise to $0.014.

eCash (XEC) Price Forecast 2028

If eCash (XEC) maintains a strong position as a better investment option for the next six years, it could see significant price hikes. Thus, by 2028, the price of XEC will reach $0.078.

eCash (XEC) Price Prediction 2029

If investors flock and continue to place their bets on eCash (XEC), this will see significant upsides. XEC could reach $0.15 by 2029.

eCash (XEC) Price Forecast 2030

With the huge advancements in the eCash ecosystem, the cryptocurrency community may continue to invest in eCash (XEC) over the next eight years, driving up the price of cryptocurrencies exponentially. Thus, an eCash (XEC) could reach $0.30 by 2030.

conclusion

With the continuous improvements in the eCash network, we can say that 2022 is a good year for XEC. For this reason, the bullish price forecast for eCash in 2022 is $0.00016. On the other hand, the bearish XEC price prediction for 2022 is $0.0000033.

Moreover, with developments and improvements to the XEC ecosystem, XEC’s performance will help reach an all-time high (ATH) of $0.00038001 very soon. But, it could also reach $0.00036 if investors think XEC is a good investment in 2022.

Instructions

1. What is eCash?

ECash (XEC) is the modified version of Bitcoin Cash ABC (BCHA), the same fork of Bitcoin (BTC) and Bitcoin Cash (BCH).

2. Where can you buy XEC?

XEC is listed on several cryptocurrency exchanges including Binance, OKX, DigiFinex, Bybit, and MEXC.

3. Will XEC reach a new ATH soon?

With the continuous developments and updates within the XEC platform, it has a great potential to reach ATH soon.

4. What is the highest ever price (ATH) for eCash?

On September 4, 2021, XEC reached an all-time high (ATH) of $0.00038001.

5. Is XEC a good investment in 2022?

eCash (XEC) appears to be one of the most profitable cryptocurrencies this year. According to XEC’s recorded achievements in the past few months, XEC is a good investment in 2022.

6. Can an eCash (XEC) be worth up to $0.00036?

eCash (XEC) is one of the active cryptocurrencies that is still maintaining its bullish state. Finally, if this bullish trend continues, eCash (XEC) will reach $0.00036 soon.

7. What will be the price of XEC by 2023?

The price of eCash (XEC) is expected to reach $0.00050 by 2023.

8. What will the price of XEC be by 2024?

The price of eCash (XEC) is expected to reach $0.00093 by 2024.

9. How much will the price of XEC be by 2025?

The price of eCash (XEC) is expected to reach $0.0010 by 2025.

10. What will the price of XEC be by 2026?

The price of eCash (XEC) is expected to reach $0.0062 by 2026.

Disclaimer: The opinion expressed in this graph is that of the author only. It is not to be construed as investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.

#eCash #Price #Prediction #XEC #Reach

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