SingularityNET Price Prediction – AGIX Price Estimated to Drop to $0.223872 By May 20, 2023

SingularityNET Price Prediction – AGIX Price Estimated to Drop to $ 0.223872 By May 20, 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 5.31% today against the US Dollar
  • AGIX/BTC increased by 3.58% today
  • AGIX/ETH increased by 3.91% today
  • SingularityNET is currently trading 15.39% above our prediction on May 20, 2023
  • SingularityNET dropped -40.86% in the last month and is up 283.00% since 1 year ago
SingularityNET price$ 0.258321
SingularityNET prediction $ 0.223872 (-13.33%)
Sentiment Neutral
Fear & Greed index 50 (Neutral)
Key support levels$ 0.240906, $ 0.236305, $ 0.231509
Key resistance levels$ 0.250304, $ 0.255100, $ 0.259701

AGIX price is expected to drop by -13.33% in the next 5 days according to our SingularityNET price prediction

is trading at $ 0.258321 after gaining 5.31% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 5.23% in the same time period. AGIX performed well against BTC today and recorded a 3.58% gain against the world’s largest cryptocurrency.

According to our SingularityNET price prediction, AGIX is expected to reach a price of $ 0.223872 by May 20, 2023. This would represent a -13.33% 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 -40.86% in the last 30-days. The medium-term trend for SingularityNET has been bearish, with AGIX dropping by -43.95% in the last 3 months. The long-term picture for SingularityNET has been positive, as AGIX is currently displaying a 283.00% 1-year price change. On this day last year, AGIX was trading at $ 0.067447.

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 18.42. SingularityNET recorded 11 green days in the last 30 days.

SingularityNET technical analysis for today – May 15, 2023

The sentiment in the SingularityNET markets is currently Neutral, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.240906, $ 0.236305 and $ 0.231509, while $ 0.250304, $ 0.255100 and $ 0.259701 are the key resistance levels.

Neutral sentiment for SingularityNET

20 indicators are currently signaling a bullish prediction for SingularityNET, while 12 indicators are showing a bearish forecast. With 63% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for SingularityNET.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 50 (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.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 0.248872 (BUY)$ 0.245508 (BUY)
MA5$ 0.248652 (BUY)$ 0.246934 (BUY)
MA10$ 0.259001 (SELL)$ 0.256982 (BUY)
MA21$ 0.298087 (SELL)$ 0.287965 (SELL)$ 0.314874 (SELL)$ 0.312879 (SELL)
MA50$ 0.360872 (SELL)$ 0.336117 (SELL)$ 0.159203 (BUY)$ 0.228714 (BUY)
MA100$ 0.399646 (SELL)$ 0.334811 (SELL)$ 0.187812 (BUY)$ 0.187464 (BUY)
MA200$ 0.239468 (BUY)$ 0.275957 (SELL)$ 0.133737 (BUY)$ 0.158537 (BUY)
PeriodValueAction
RSI (14)32.25BUY
Stoch RSI (14)56.48NEUTRAL
Stochastic Fast (14)16.91BUY
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)53.26SELL
Awesome Oscillator (5, 34)-0.09NEUTRAL
Momentum (10)-0.06NEUTRAL
MACD (12, 26)0.00NEUTRAL
Williams Percent Range (14)-83.09BUY
Ultimate Oscillator (7, 14, 28)45.14NEUTRAL
VWMA (10)0.26SELL
Hull Moving Average (9)0.24BUY
Ichimoku Cloud B/L (9, 26, 52, 26)0.33NEUTRAL

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 32.25, 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 above the SMA 200, signaling that the market is currently bullish.

The bottom line about this SingularityNET prediction

After considering the above factors, we can conclude that the current forecast for SingularityNET price prediction is Neutral. AGIX would have to decrease by -13.33% to hit our $ 0.223872 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.

Source: https://coincodex.com/article/27136/singularitynet-prediction-may-15-2023/