Sweat Economy Price Prediction 2022-2030: Will SWEAT Price Hit $0.025 Soon?

• Bullish SWEAT price prediction ranges from $0.009 to $0.015.
• SWEAT price might also reach $0.025 this 2023.
• SWEAT’s bearish market price prediction for 2023 is $0.008.

Sweat Economy is an Ethereum-based fitness app that rewards its users for being healthy. Its native token is denoted as SWEAT.

SWEAT investors are bullish on the token since it has had a return on investment (ROI) of over 783% in the past two days. Its all-time high (ATH) of $0.9999 was attained in September 2022. Irrespective of the recent crypto winter, which led to a dip in the price of most cryptocurrencies, SWEAT investors are confident that the future of SWEAT is bullish.

If you are interested in the future of the Sweat Economy (SWEAT) and want to know the price analysis and prediction of SWEAT for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.

Sweat Economy (SWEAT) Market Overview

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What is Sweat Economy (SWEAT)?

Sweat Economy is present both in the Ethereum and Near Protocol blockchain. During its initial coin offering, it generated $13 million. Sweatcoin was founded by Oleg Fomengo, Egor Khmelev, and Anton Derlyatka in 2015. Oleg Fomengo is the CEO of Sweat Economy. Users can earn rewards by staking their SWEAT. Staked SWEAT token gives a user the ability to enjoy premium services, low transaction fees, and the ability to mint more Sweat Economy.

In the future, it plans to integrate the ability to purchase Sweat Economy (SWEAT) with fiat by debits to credit cards. It also plans to include games on NFTs in the app. It has over 120 million users and is currently in about 58 countries.

Users who own Sweatcoin can now swap or exchange it to Sweat Economy (SWEAT). They can as generously donate their tokens to charities within the platform. Sweat Economy is one of the fitness apps that rewards its users. It is one of the fitness apps with the highest number of downloads in recent times.

Sweat Economy Current Market Status

The total supply of the Sweat Economy is at 22,414,641,704 SWEAT, while its circulating supply is 4,297,128,220 SWEAT, according to CoinMarketCap. At the time of writing, SWEAT is trading for $0.009406, representing 24 hours increase of 1.89%. The trading volume of SWEAT in the past 24 hours is $1,816,777, which represents a 49.58% increase. However, with a market cap of $41,404,474, SWEAT is experiencing a 10.89% surge in just seven days.

Some top cryptocurrency exchanges for trading Sweat Economy (SWEAT) are Bitfinex, Kucoin, Gate.io, FTX, and others.

Now that you know what SWEAT is and its current market status, we shall discuss the Sweat Economy (SWEAT) price analysis for 2022.

Sweat economy Price Analysis 2023

Currently, SWEAT is ranked in the 448th position on CoinMarketCap. Will developments and upgrades within the Sweat Economy community lead to a rise in the price of SWEAT? We shall see this in this CoinEdition price analysis 2023 article.

Sweat Economy Price Analysis – Keltner Channel

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Sweat Economy (SWEAT), it could be seen that the present bullish run could continue. But we can also detect a few reversals forming in the channel since it is in the second half and has broken through the upper band. However, since the last candlestick is bullish, the present increase in the price of SWEAT might be sustained before any reversal is expected.

Sweat Economy Price Analysis – Relative Strength Index

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Sweat Economy (SWEAT) on the 1-hour chart of SWEAT/USDT is 44.65. Also, this shows that SWEAT is showing a neutral trend between 30 and 50. If more buyers are drawn in by the expected price rise to the 70 RSI value, which is the overbought region, the current value could set off a bullish run.

Sweat Economy Price Analysis – Moving Averages

The chart above shows the 1Hour chart of SWEAT 50-day and 200-day Moving Average (MA). Currently, SWEAT is experiencing a bullish trend as the 50 MA is above the 200 MA. we can deduce that the price may be bullish for long-term hodlers.

Also, since the gap between the moving averages is getting narrow, the price of Sweat Economy (SWEAT) might experience a significant rise or fall in the future.

Sweat Economy Price Prediction 2023

Looking at the 1-Hour chart, SWEAT’s candlestick has been experiencing a rollercoaster rise as it experienced a few death crosses and a golden cross. Currently, the 50 MA is above the 200 MA, which could indicate that it is a bullish trend. However, 50 MA might soon cross the 200 MA’s path, thus, forming the death cross. The death cross could confirm the SWEAT’s bullish run will end and it will face an attack from the beats.

Traders should be cautious as there could be a trend reversal soon. Therefore, they should closely watch the indicators before trading with SWEAT.

Sweat Economy Price Prediction – Resistance and Support Levels

This chart shows that the price of SWEAT was swinging between $0.00830 and $0.01046 within the past 30 days. Recently, SWEAT broke out of Resistance 1, however, the altcoin faced a major fall. At the time of reporting, SWEAT is currently trading between the Resistance 1 and the Support level. The recent candlestick of SWEAT has started to climb. If this continues, SWEAT could, once again, break through the Resistance 1 level and trade even further beyond the levels of Resistance 2 level.  

However, if sellers have their way, the price of SWEAT might be dethroned from its present position. In simpler terms, SWEAT might trend below the $0.00830 support level and even lower in 2023, a bearish signal.

If the value of the relative strength index (RSI) of SWEAT is at least 60 by the end of 2022, it means that the bulls and investors are in change. This could spill over into the first half of the year 2023, which could make the price of the Sweat Economy (SWEAT) trade around $0.05 by the end of 2023.

Sweat Economy Price Prediction 2024

The positive sentiment that comes with the news of Bitcoin halving could directly impact the price of SWEAT. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the price of SWEAT trade at $0.2 by the end of 2024.

Sweat Economy Price Prediction 2025

By the end of 2025, the price of SWEAT could rise to $0.4. This is because of the price surge a year after Bitcoin halved. It is. Also, more developments will be introduced into the Sweat Economy platform for users to deposit with fiat and play NFT games.

Sweat Economy Price Prediction 2026

With the number of SWEAT hodlers on the increase and the growing sentiment about cryptocurrencies, SWEAT has the possibility of holding most of its recent gains and consolidating. Hence, the price of SWEAT could trade around $0.8255 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

Sweat Economy Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of SWEAT could surge to $2 by the end of 2027.

Sweat Economy Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. Therefore, the market could attain a higher high-value Sweat Economy (SWEAT) could hit $3.3 by the end of 2028.

Sweat Economy Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin (BTC) halving, could surge the price of SWEAT to $1.8 by the end of 2029.

Sweat Economy Price Prediction 2030

The cryptocurrency market experienced high stability as a result of the hodling activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of SWEAT to trade around $6.25 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Sweat Economy Price Prediction 2040

According to our long-term Sweat Economy price estimate and If the current growth rate continues, we could anticipate an average price of $15 by 2040. If the market becomes bullish, the price of Sweat Economy may increase beyond our 2040 forecast.

Sweat Economy Price Prediction 2050

According to our Sweat Economy forecast, the average price of SWEAT in 2050 might be above $30. If more investors are drawn to Sweat Economy between these years, the price of Sweat Economy in 2050 could be far higher than our projection.

Conclusion

As said above, SWEAT might reach $0.1 in 2023 and $6.25 by 2030 if investors have decided that SWEAT is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

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.

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