- Bullish Magic Eden worth prediction ranges from $5 to $15.
- In accordance with the evaluation, Magic Eden's worth might exceed $12.
- The bear market worth prediction for Magic Eden in 2025 is $2.
Magic Eden is the No.1 BTC DEX, No.1 NFT platform, and is constructing a cross-chain mobile-native buying and selling decentralized app (dApp). Their imaginative and prescient for the long run is to make digital possession common. To realize this objective, Magic Eden would be the entry level for all cryptocurrency customers to go on-chain and commerce all belongings on all chains on one platform. $ME will speed up on-chain consumer development by rewarding customers with $ME for buying and selling all belongings on all chains, set to debut by the Magic Eden rewards program.
$ME holders can obtain additional rewards from staking, contribute to the $ME ecosystem, and have governance energy over key protocol improvement instructions.
What’s Magic Eden (ME)?
$ME represents probably the most highly effective suite of cross-chain change, mint, and pockets protocols that energy the on-chain economic system. Adopted by Magic Eden because the official token, $ME represents the most important group of on-chain customers who can earn $ME by buying and selling all belongings on all chains.
Magic Eden (ME) worth evaluation
Will Magic Eden's newest enhancements, additions, and modifications contribute to the worth improve?
Magic Eden (ME) Worth Evaluation – Bollinger Bands
Bollinger bands primarily encompass three bands: the higher band, the center band, and the decrease band. These bands broaden and contract based mostly on market tendencies. The center band is the typical, and the higher and decrease bands are the extremes the place the worth goes up or down. Bands broaden or contract based mostly on interactions between merchants. Because the band widens, the worth can rise or fall considerably. Nevertheless, when the band shrinks, the worth turns into much less unstable.
Magic has been on an upward development since Christmas Eve. The token has risen from $2.9 and is buying and selling at $3.84 on the time of writing. Throughout this leg up, the ME all the time fluctuated inside the higher half of the Bollinger Bands, testing the higher aspect and the SMA a number of occasions. At the moment, Magic Eden is supported by the SMA in a extremely unstable market. Subsequently, the ME is more likely to check the higher Bollinger Band a number of occasions sooner or later.
Magic Eden (ME) Worth Evaluation – Relative Power Index
The Relative Power Index (RSI) indicator is used to measure whether or not a cryptocurrency is overvalued or undervalued. For this goal, there are two excessive areas referred to as the overbought area and the oversold area.
When the RSI reads a worth (>70), the cryptocurrency is overbought. Because of this the demand has elevated because of extra purchases and the worth has additionally elevated. However, whether it is oversold (under 30), the worth is undervalued as a result of many individuals are promoting.
The dimensions of the RSI indicator reads a worth of 51. RSI is neither overbought nor oversold, and could be stated to be a secure market. Nevertheless, the RSI is under the SMA, which isn’t a great signal. This means that ME performs poorly on common.
Moreover, the dotted line on the chart signifies a bearish divergence. That is an instance of the RSI making decrease lows whereas the token makes larger lows. Often when this occurs, it signifies that the uptrend is weakening and can finish quickly.
Magic Eden (ME) Worth Evaluation – Shifting Common Convergence and Divergence (MACD)
The Shifting Common Convergence and Divergence Indicator makes use of two Exponential Shifting Averages (EMAs) to look at tendencies in cryptocurrencies. Usually, the longer EMA is the 26-day EMA and the shorter EMA is the 12-day EMA. MACD is calculated by subtracting the 12-day EMA from the 26-day EMA. A optimistic MACD means the cryptocurrency is performing, whereas a damaging MACD means it’s shedding worth.
The MACD indicator has a worth of 0.091 and is in a downward development. The MACD line fell under the MACD-SMA. This reveals that the ME is under par contemplating the previous few days. The enlarged purple bar that seems from the histogram signifies that the MACD line is shifting away from the MACD-SMA.
Magic Eden (ME) Worth Prediction 2025-2050 Overview
| yr | lowest worth | common worth | highest worth |
| 2025 | $7.5 | $12 | $15 |
| 2026 | 6 {dollars} | $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 receiving assist on the $2 help stage, Magic Eden discovered its footing and commenced to rise. On the time of writing, the worth is $3.9, which can be a robust help stage. Magic Eden is at present on an upward development, and this development is more likely to proceed all through 2022. Subsequently, Magic Eden might transfer larger and check the $7 resistance stage. If ME can break above $7, it might attain $12. Nevertheless, if ME's present uptrend is sadly interrupted by a bear market, Magic Eden might search for help at $2.
Magic Eden (ME) Worth Prediction – Resistance and Assist Ranges
ME has been rejected at resistance 1 and is at present supported on the $3.9 stage. 2025 will seemingly be the yr when ME breaks by resistance 2 at $5.4 and resistance 3 at $7, probably establishing new resistance and help ranges in larger territory.
Magic Eden (ME) Worth Prediction 2026
In accordance with the market cycle, after an extended bull market, the bears are anticipated to emerge and begin having a damaging impression on cryptocurrencies. Throughout this bearish sentiment, Magic Eden might roll into help territory. Throughout this worth correction interval, Magic Eden might lose momentum and fall effectively under its 2025 worth. Subsequently, it might commerce at $8.5 by 2026.
Magic Eden (ME) Worth Prediction 2027
Throughout this era, the market might be recovering from a deep bear tear. Merchants are being tentative, so even when the market consolidates, there received't be a lot motion. As such, Magic Eden (ME) is anticipated to commerce at round $13 by the tip of 2027.
Magic Eden (ME) Worth Prediction 2028
Like many altcoins, Magic Eden might reward previous actions in the course of the BTC halving because the crypto group seems ahead to the Bitcoin halving and hopes are reignited. Subsequently, Magic Eden (ME) might be buying and selling at $17 by the tip of 2028 after experiencing a big rally.
Magic Eden (ME) Worth Prediction 2029
2029 is anticipated to be one other bull market as a result of aftermath of the BTC halving. Nevertheless, merchants speculate that the crypto market will regularly stabilize by this yr. In parallel with stabilizing market sentiment, Magic Eden (ME) might commerce at $35 by the tip of 2029.
Magic Eden (ME) Worth Prediction 2030
After witnessing a market bull run, Magic Eden and lots of altcoins are displaying indicators of consolidation and should commerce sideways for a while and decline whereas experiencing small spikes. Subsequently, by the tip of 2030, Magic Eden (ME) might commerce at $22.
Magic Eden (ME) Worth Prediction 2040
Magic Eden’s long-term forecast reveals that this altcoin might attain a brand new all-time excessive (ATH). This might be one of many key moments as HODLERS could also be hoping to promote a few of their cash at ATH factors.
As soon as gross sales start, Magic Eden's worth might decline. The common worth of Magic Eden (ME) is anticipated to achieve $65 by 2040.
Magic Eden (ME) Worth Prediction 2050
Within the 2050s, the general public will imagine in cryptocurrencies much more as they change into revered and broadly accepted by many individuals. Subsequently, Magic Eden (ME) might attain $105.
conclusion
Magic Eden is a digital foreign money with numerous potential. It has lately gained recognition, which is mirrored in its upward development, and if this upward development continues, Magic Eden might attain $12.
FAQ
$ME represents probably the most highly effective suite of cross-chain change, mint, and pockets protocols that energy the on-chain economic system.
Magic Eden is offered on many exchanges resembling Bybit, Binance, and Coinbase.
There may be nice potential within the Magic Eden market, making it extra seemingly that Magic Eden will attain an all-time excessive.
Magic Eden has numerous potential and will attain $12.
Magic Eden is an effective funding for 2025.
The bottom worth for Magic Eden is $2.60.
Most provide of Magic Eden is 1B Magic Eden
Magic Eden could be saved in scorching or chilly wallets, or change wallets.
Magic Eden is anticipated to achieve $12 by 2025.
Magic Eden is anticipated to achieve $8.50 by 2026.
Magic Eden is anticipated to achieve $13 by 2027.
Magic Eden is anticipated to achieve $17 by 2028.
Magic Eden is anticipated to achieve $35 by 2029.
Magic Eden is anticipated to achieve $22 by 2030.
Magic Eden is anticipated to achieve $65 by 2040.
Magic Eden is anticipated to achieve $105 by 2050.
Disclaimer: The knowledge contained on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any form. Coin Version is just not chargeable for any losses incurred because of the usage of the content material, merchandise, or providers talked about. We encourage our readers to conduct due diligence earlier than taking any motion associated to our firm.
