eCash Price Prediction – XEC Price Estimated to Drop to $0.000020 By Jun 27, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• eCash is up 5.37% today against the US Dollar
• eCash is currently trading 12.89% above our prediction on Jun 27, 2023
• eCash dropped -12.36% in the last month and is down -38.82% since 1 year ago

XEC price is expected to drop by -11.41% in the next 5 days according to our eCash price prediction

eCash price today is trading at $ 0.000023 after gaining 5.37% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 5.02% in the same time period. XEC performed well against BTC today and recorded a 1.29% gain against the world’s largest cryptocurrency.

According to our eCash price prediction, XEC is expected to reach a price of $ 0.000020 by Jun 27, 2023. This would represent a -11.41% price decrease for XEC in the next 5 days.

XEC Price Prediction Chart

Buy/Sell eCash

What has been going on with eCash in the last 30 days

eCash has been displaying a negative trend recently, as the coin lost -12.36% in the last 30-days. The medium-term trend for eCash has been bearish, with XEC dropping by -27.51% in the last 3 months. The long-term picture for eCash has been negative, as XEC is currently displaying a -38.82% 1-year price change. On this day last year, XEC was trading at $ 0.000037.

eCash reached its all-time high price on Jul 03, 2021, when the price of XEC peaked at $ 0.000448. The current XEC cycle high is $ 0.000386, while the cycle low is at $ 0.000017. XEC has been displaying low volatility recently – the 1-month volatility of the coin is at 9.56. eCash recorded 16 green days in the last 30 days.

eCash technical analysis for today – Jun 22, 2023

The sentiment in the eCash markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.000021, $ 0.000020 and $ 0.000019, while $ 0.000023, $ 0.000023 and $ 0.000024 are the key resistance levels.

Neutral sentiment for eCash

16 indicators are currently signaling a bullish prediction for eCash, while 12 indicators are showing a bearish forecast. With 57% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for eCash.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 65 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

eCash moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how eCash is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for eCash is at 51.38, suggesting that XEC is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of eCash over the last 50 days. Currently, eCash is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the XEC closing price for the last 200 days. XEC is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this eCash prediction

After considering the above factors, we can conclude that the current forecast for eCash price prediction is Neutral. XEC would have to decrease by -11.41% to hit our $ 0.000020 target within the next five days. Moving forward, it will be important to monitor the XEC market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term eCash price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.