CyberConnect (CYBER) Price Prediction 2023-2030: Will CYBER Price Hit $ 7.5 Soon?

• Bullish CyberConnect (CYBER) price prediction ranges from $5 to $10.
• Analysis suggests that the CYBER price might reach above $7.5.
• The CYBER bearish market price prediction for 2023 is $3.7.

What is CyberConnect (CYBER)?

CyberConnect is Web3’s earliest and largest social network and it is also a decentralized social protocol with identity sovereignty for mass adoption. It enables developers to create social applications utilizing ERC-4337/Account Abstraction which empowers users to own their digital identity, content, connections, and interactions.

CyberConnect V3 is a set of powerful upgrades to the CyberConnect social network protocol to usher web3 social into a new, multi-chain future. It will power the next stage of hyper scalability for Web3 social dApps and give users a social networking experience that feels familiar to web2. With the CyberAccount users can onboard to multi-chain Web3 social experiences leveraging ERC-4337 Account Abstraction. Users could pay gas on any network with CYBER on one network. 

CyberGraph is a censorship-resistant smart contract used to record users’ content and social connections, with built-in monetization tools. 

Through CyberGraph’s unique, customizable middleware design, storing users’ high-unit value social data on blockchain databases unlocks several novel social networking and community-building primitives, including monetization through tokenization.

CyberConnect (CYBER) Market Overview

Analyst’s View on CyberConnect 

CyberConnect made an announcement that they have officially begun Cybertrek on Optimism mainnet. 

CYBER Current Market Status

The maximum supply of CyberConnect (CYBER) is 100,000,000 CYBER, while its circulating supply is 11,038,000 CYBER, according to CoinMarketCap. At the time of writing, CYBER is trading at $4.03 representing 24 hours decrease of 3.67%. The trading volume of CYBER in the past 24 hours is $63,571,611 which represents a 44.47% decrease.

Some top cryptocurrency exchanges for trading CYBER are  Binance, Bitrue, LBank, Bybit, and Bitget.

Now that you know CYBER and its current market status, we shall discuss the price analysis of  CyberConnect (CYBER) for 2023.

CyberConnect (CYBER) Price Analysis 2023

Will the CYBER blockchain’s most recent improvements, additions, and modifications help its price rise? Moreover, will the changes in the payment and crypto industry affect CYBER‘s sentiment over time? Read more to find out about CYBER’s  2023 price analysis.

CyberConnect (CYBER) Price Analysis – Bollinger Bands

The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time). 

The upper band as shown in the chart is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average.

Currently, the bands are contracting, which means that there could be less volatility in the future. As such, any price fluctuation may be limited. After touching the lower Bollinger band, CYBER seems to be returning towards the SMA. There seems to be some buying pressure building up as the sellers are leaving the market. Hence, there is a possibility that CYBER could cross above the SMA and reach the upper Bollinger band. 

When looking at the Bollinger band super trend indicator we can see that CYBER is currently in a downtrend as it is highlighted in red. However, there is a high chance that CYBER could rise above and the super trend indicator could turn green. 

Moreover, the Bollinger bandwidth percentile indicator shows a value of 13.33% which is a very low Bollinger bandwidth percentage. The line turning blue suggests that the volatility for CYBER is at its lowest. Nonetheless, when the buyers enter the market and start purchasing CYBER, the volatility will increase and the prices could go drastically up. 

CyberConnect (CYBER) Price Analysis- Relative Strength Index 

The Relative Strength Index is an indicator that is used to measure whether the price of a cryptocurrency is over or undervalued. For this purpose, it has two extreme regions known as the overbought and oversold regions. 

When the RSI reads a value (>70) then the crypto is overbought, which means that due to more buying the demand has increased as such the price has also increased. On the other hand, when it is oversold, many are selling, as such, its price is undervalued. 

The above chart shows how when the RSI is below the Signal, CYBER is bearish, and when the RSI is above the Signal line, CYBER is bullish. Currently, the RSI is just below the Signal line and reads a value of 40.66. Since this value is neither overbought nor oversold we could say that the trend is strong. However, it seems like the fall for CYBER has bottomed, hence, there is a possibility that the price could go up high.

CyberConnect (CYBER) Price Analysis- Moving Average 

The exponential moving average is not much different from the simple moving average. The EMA gives more weightage to the present prices while the SMA equally distributes the values to the frequency. Hence, when the EMA is plotted in the graph it gives a rough idea about how the cryptocurrency has been performing in the past. 

Moreover, the 50-day EMA is considered the short-term length, and the 200-day EMA is considered the long-term.  Whenever the 50-day EMA crosses the 200-day EMA from below it is called a Golden cross, while if it crosses from above, then it is a death cross. However, in this case, we will be using the 50-day EMA as the long-term length and the 10-day EMA as the short-term length. 

Currently, both EMAs are falling down. This means that CYBER has been not doing good in the long term and short term. Furthermore, it has been under the 10-Day EMA, which says that times have been bearish for CYBER. 

Since CYBER has been testing the 10-day EMA regularly, we could see it testing it at present as well. When the market saturates and the price of buyers think that the best lowest possible price of CYBER has been reached then, they will enter the market. Once, they enter the market, CYBER will have the momentum to break the 10-day EMA and reach the 50-day EMA. 

CyberConnect (CYBER) Price Prediction 2023-2030 Overview

CyberConnect (CYBER) Price Prediction-2023

When looking at the chart above we can see that CYBER is trading taking the head and shoulder pattern. Usually, when the head and shoulders pattern is spotted, we could expect the prices to rise or fall. Moreover, with the price range at which CYBER is right now, there seems to be more selling pressure. As such we could expect the price to reach $3.8.  

However, once the bottom has been reached CYBER, the buyers will enter the market. Sometimes CYBER might not even need to reach the bottom for the buyers to step in. Once they step in CYBER could reach $5. Once it reaches $5, the next target would be $5.5 which is not far away. With more momentum from the bulls, CYBER has the potential to reach $7.5. 

CyberConnect (CYBER) Price Prediction – Resistance and Support Levels

When considering the above chart, we can see that CYBER crashed. It crashed from $6.3 to almost $3.5 in quick succession. However, after receiving support from the 1 fib retracement level, CYBER started to increase in value. It increased along the 8:1 Gann line and was able to reach the 2:1 Gann line first and thereafter the 3:1 Gann line. However, after this period of rallying CYBER is currently sliding just below the 3:1 Gann line. 

Now that the slanted motion toward the downward direction seems to have stopped. As such CYBER is consolidating and moving sideways. CYBER may continue moving sideways for some time before the bulls take over the market. 

CyberConnect (CYBER) Price Prediction 2024 

There will be Bitcoin halving in 2024, and hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. However, the year of BTC halving didn’t yield the maximum for CYBER based on the previous halving. Hence, we could expect CYBER to trade at a price, not below $8.80 by the end of 2024.

CyberConnect (CYBER) Price Prediction 2025

CYBER  may experience the after-effects of the Bitcoin halving and is expected to trade much higher than its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, CYBER will continue to rise in 2025 forming new resistance levels. It is expected that CYBER will trade beyond the $25 level.

CyberConnect (CYBER) Price Prediction 2026

It is expected that after a long period of bull run, the bears will come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, CYBER could tumble into its support regions. During this period of price correction, CYBER could lose momentum and be way below its 2025 price. As such, it could be trading at $17.7 by 2026. 

CyberConnect (CYBER) Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. However, there’ll be a dip in price before the excitement will be reciprocated in CYBER. As such, we could expect CYBER to trade at around $22.3 by the end of 2027. 

CyberConnect (CYBER) Price Prediction 2028

As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, CYBER  may reciprocate its past behavior during the BTC halving. Hence, CYBER would be trading at $30 after experiencing a considerable surge by the end of 2028. 

CyberConnect (CYBER) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market will gradually become stable by this year. In tandem with the stable market sentiment, CYBER could be trading at $65 by the end of 2029.

CyberConnect (CYBER) Price Prediction 2030

After witnessing a bullish run in the market, CYBER and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, CYBER could be trading at $55.5

CyberConnect (CYBER) Price Prediction 2040

The long-term forecast for CYBER  indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point. 

If they start selling then CYBER  could fall in value. It is expected that the average price of CYBER could reach $139 by 2040.

CyberConnect (CYBER) Price Prediction 2050

Since Cryptocurrency will be revered and widely accepted by most people during the 2050s, we will see the masses believe more in it. As such CYBER could reach $224.

Conclusion

If investors continue showing their interest in CYBER and add these tokens to their portfolio, it could continue to rise. CYBER’s bullish price prediction shows that it could reach the $7.5 level. 

FAQ

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.