SingularityNET is Predicted to Drop to $0.248513 By May 24, 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.

• SingularityNET is up 19.79% today against the US Dollar
• AGIX/BTC increased by 19.68% today
• AGIX/ETH increased by 19.71% today
• SingularityNET is currently trading 25.90% above our prediction on May 24, 2023
• SingularityNET dropped -18.85% in the last month and is up 365.00% since 1 year ago

AGIX price is expected to drop by -20.65% in the next 5 days according to our SingularityNET price prediction

is trading at $ 0.312876 after gaining 19.79% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 19.56% in the same time period. AGIX performed well against BTC today and recorded a 19.68% gain against the world’s largest cryptocurrency.

According to our SingularityNET price prediction, AGIX is expected to reach a price of $ 0.248513 by May 24, 2023. This would represent a -20.65% price decrease for AGIX in the next 5 days.

AGIX Price Prediction Chart

Buy/Sell SingularityNET

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

SingularityNET has been displaying a negative trend recently, as the coin lost -18.85% in the last 30-days. The medium-term trend for SingularityNET has been bearish, with AGIX dropping by -25.26% in the last 3 months. The long-term picture for SingularityNET has been positive, as AGIX is currently displaying a 365.00% 1-year price change. On this day last year, AGIX was trading at $ 0.067285.

SingularityNET reached its all-time high price on Jan 19, 2018, when the price of AGIX peaked at $ 1.98. The current AGIX cycle high is $ 0.660253, while the cycle low is at $ 0.007324. AGIX has been displaying high volatility recently – the 1-month volatility of the coin is at 15.42. SingularityNET recorded 12 green days in the last 30 days.

SingularityNET technical analysis for today – May 19, 2023

The sentiment in the SingularityNET markets is currently Bullish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.250568, $ 0.241165 and $ 0.231182, while $ 0.269954, $ 0.279938 and $ 0.289340 are the key resistance levels.

Bullish sentiment for SingularityNET

24 indicators are currently signaling a bullish prediction for SingularityNET, while 7 indicators are showing a bearish forecast. With 77% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for SingularityNET.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 48 (Neutral), which signals that investors have a neutral 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.

SingularityNET 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 SingularityNET 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 SingularityNET is at 38.52, suggesting that AGIX is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of SingularityNET over the last 50 days. Currently, SingularityNET 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 AGIX closing price for the last 200 days. AGIX is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this SingularityNET prediction

After considering the above factors, we can conclude that the current forecast for SingularityNET price prediction is Bullish. AGIX would have to decrease by -20.65% to hit our $ 0.248513 target within the next five days. Moving forward, it will be important to monitor the AGIX 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 SingularityNET 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.