Namecoin Price prediction, Short Long Forecast

From 2024 to 2030 time gap will bring significant years for Namecoin growth. In the first week of January 2024, Namecoin reached $0.83 when it dropped below $0.54 for the first time since January 2021. According to the investors and market exports, Namecoin is on its way to passing the $2.05 mark by the end of this year.

1. Namecoin’s price prediction shows a significant surge over the years, commencing in 2025 at $0.4733 with an 11.86% increase.
2. It is important to note, however, that past performance does not guarantee future results and that cryptocurrency prices are notoriously volatile, making accurate predictions difficult.
3. No, Namecoin price will not be downward based on our estimated prediction.
4. Namecoin using POW consensus algorithm called Proof of Work to secure its network and validate transactions.
5. Because Namecoin has strong fundamentals and a lot of people are invested in this cryptocurrency, we predict that the future for NMC looks promising.
6. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

If the NMC price moves above any of these averages, it is generally seen as a bullish sign for Namecoin. Conversely, a drop below an important moving average is usually a sign of weakness in the NMC market. Initially, in July 2024, Namecoin’s predicted price stood at $0.4229, experiencing a slight decline of 6.32% from the previous period. Throughout the middle stretch, prices fluctuated downwards, reaching a low of $0.3903 in October 2024, marked by a steep decline of 13.5%. However, towards the end, Namecoin’s fortunes reversed, with a notable surge in November 2024, where the price jumped to $0.4698, reflecting a positive 4.08% increase.

Daily Exponential Moving Average (EMA)

In our Namecoin (NMC) price projection for 2040, we anticipate a trading range of $2.26 and $3.02. Our 2040 NMC price prediction reflects a positive outlook for the coin, and we maintain a bullish sentiment regarding Namecoin’s potential performance in that year. In our Namecoin (NMC) price projection for 2030, we anticipate a trading range of $1.30 and $1.81. Our 2030 NMC price prediction reflects a positive outlook for the coin, and we maintain a bullish sentiment regarding Namecoin’s potential performance in that year.

Real-world events, such as regulations, adoption by companies and governments, and cryptocurrency exchange hacks, also impact NMC’s price. Jay Dawson, a cryptocurrency expert based in Dallas, TX, is passionate about sharing knowledge on Bitcoin and other cryptocurrencies, ensuring traders stay updated with the latest trends. His goal is to empower others with valuable insights into the dynamic crypto market. Below is a summary of NMC long-term price prediction from 2024 to 2050 with Namecoin price predicted to reach the highest point of $1.53 in 2024 and $3.02 in 2040. In the following years NMC price prediction is made feasible by examining past price behavior, current events, and public opinion. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA).

Using a crypto portfolio tracker has become more convenient than it was in the past. As an example, you have acquired Namecoin at different prices, which makes it difficult to identify the individual purchasing prices. The 14-Day Relative Strength Index (RSI) is at 33.07 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways. The information presented on this website is solely for informational purposes and should not be construed as investment advice. Investing carries inherent risks, and therefore, your capital is exposed to potential losses.

If you extrapolate the data projections, you can get a potential picture of the future Namecoin price for 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.

Compared to other crypto coins which started the same year as Namecoin it has below-average trading volume, average volume for the other 5 coins started in 2011 is $161M while NMC has $25K. According to our analysis, NMC needs to stay above $0.8906 to potentially move towards the first major resistance level at $1.01. Breaking above $1.01, could see NMC rise to the next resistance level at $1.16. Traders often monitor the activity of NMC « whales, » large holders of Namecoin, as their actions can significantly influence price movements in the relatively small Namecoin market. According to the experimental simulation, Namecoin’s value could rise by 331.65% in 2035, with a high of $4.03 under favorable conditions. The price is expected to fall between $4.03 and $2.47 over the course of the year.

Namecoin forecast and prediction overview

At the movement,14.74M Namecoin tokens are already in the market out of 14.74M NMC. Traders also use RSI and Fibonacci retracement levels to gauge NMC’s future direction. The Relative Strength Index (RSI) momentum oscillator is a commonly used tool to identify if a cryptocurrency is oversold (below 30) or overbought (above 70). Right now, the RSI stands at 41.92, suggesting that the NMC market is in a NEUTRAL state.

Namecoin (NMC) has a circulating supply of 15 million coins and is currently ranked at #745 based on its market capitalization, which stands at $14 million. Namecoin reached its peak price on November 29, namecoin price prediction 2013 and has recorded an all-time high price of $11.46. For the previous 52 weeks, the lowest and highest value forNamecoinwas $0.1842and $1.53.

Namecoin Price Prediction 2029

1. Reddit is a popular platform where cryptocurrency communities often gather to discuss news, trends, and insights related to a particular coin.
2. For example, a 12-day simple moving average for NMC is a sum of NMC’s closing prices over the last 12 days which is then divided by 12.
3. These levels are important as they may indicate the potential for further price gains .
4. Additionally, based on technical analysis and price movements, the average trading price of NMC is expected to be around $1.67 in 2029.

Each candlestick will display NMC’s opening price, closing price, as well as the highest and lowest prices that Namecoin reached within the 1-hour period. After analyzing the technical indicators for Namecoin, we expect a slight correction could happen over the next few days and investors should wait to buy NMC. As of Dec 31, Namecoin has a market capitalization of $13.8 Million and is ranked #745 among all cryptocurrencies. This calculation is based on the circulating supply of Namecoin However, if we take into account the total supply of Namecoin, the market capitalization would be $14.9 Million. The current price of the Namecoin(NMC) is $0.94, with a current market cap $13,841,777.52.

How to read and predict Namecoin price movements?

Namecoin Price Prediction, or NMC, will experience tremendous growth in 2028 as it has the potential to achieve new highs in terms of price points and market cap. It has been predicted that Namecoin will reach the maximum price of $4.27 and the minimum price is expected to be around $3.61 in the next five years from 2028. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels.

The best month for Namecoin has been November for the last twelve years, eight times the price of NMC at the end of November was higher than the price at the start of the month. The worst month is September, eight times out of 12, the price at the end of September was lower than starting price. Yes, Namecoin price will increase according to our predicted data in future. In , () is anticipated to change hands in a trading channel between and , leading to an average annualized price of . This could result in a potential return on investment of compared to the current rates. Compared to today’s exchange rate, NMC cryptocurrency price is down by -14.81% so, An investment of $100 now would have been worth $85.19.