- Bullish WBTC price prediction is $21,030 to $52,370.
- WBTC price will also reach $60K soon.
- WBTC bearish market price prediction for 2022 is $12,871.
In Wrapped Bitcoin (WBTC) предвиђање цена 2022, we use statistics, price patterns, RSI, RVOL, and much other information about WBTC to analyze the future movement of the cryptocurrency.
WBTC Current Market Status
Према цоингецко, the price of WBTC is $22,900.32 with a 24-hour trading volume of $383,542,233 at the time of writing. However, WBTC has increased to 6.7% in the last 24 hours.
Moreover, WBTC has a circulating supply of 236,710 WBTC. Currently, WBTC trades in размјене криптовалута such as Binance, OKX, Bybit, FTX, and Bitget.
Шта је умотани битцоин (ВБТЦ)?
Wrapped Bitcoin is an ERC20 token representing Bitcoin on the Ethereum blockchain. There is a 1:1 ratio of Bitcoin behind every WBTC. Wrapping Bitcoin can transfer Bitcoin faster on the Ethereum blockchain and opens up the possibility of using BTC on Ethereum. ecosystem.
Замотани Битцоин (WBTC) Price Prediction 2022
Wrapped Bitcoin holds the 18th position on ЦоинГецко right now. WBTC price prediction 2022 explained below with a daily time frame.
The above WBTC daily chart laid out an ascending channel pattern , also known as the rising channel. The upper and lower trendlines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend.
Currently, WBTC is at $22,844.82. If the pattern continues, the price of WBTC might reach the resistance level to $32,340. If the trend reverses, then the price of WBTC may fall to $17,750.
Замотани Битцоин (WBTC) Support and Resistance Level
The below chart shows the support and resistance level of WBTC.
From the above daily time frame, it is clear the following are the resistance and support levels of WBTC.
- Ниво отпора 1 – 23,554.102 долара
- Ниво отпора 2 – 31,827.3523 долара
- Ниво отпора 3 – 41,510.1215 долара
- Ниво отпора 4 – 52,370.6919 долара
- Ниво подршке 1 – 17,664.4560 УСД
- Ниво подршке 2 – 12,871.7428 УСД
The charts show that WBTC has performed a bullish trend over the past month. If this trend continues, WBTC might run along with the bulls overtaking its resistance level at $52,370.6919.
Accordingly, if the investors turn against the crypto, the price of the WBTC might plummet to almost $12,871.7428, a bearish signal.
Замотани Битцоин Предвиђање цена 2022 — РВОЛ, МА и РСИ
The Relative Volume (RVOL) of WBTC is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, RVOL of WBTC lies above the cutoff line, indicating stronger participants in the current trend.
More so, the WBTC’s Moving Average (MA) is shown in the chart above. Currently, WBTC is in a bearish state. Notably, the WBTC price lies below 50 MA (short-term), so it is completely in a downward trend. Therefore, there is a possibility of a reversal trend of WBTC at any time.
Meanwhile, the relative strength index (RSI) of the WBTC is at level 49.54. This means that WBTC is in a nearly oversold state. However, this gives confidence for the traders to trade without any fear.
Замотани Битцоин Предвиђање цена 2022 — АДКС, РВИ
Let us now look at Wrapped Bitcoin’s Average Directional Index (ADX). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. ADX is a component of the Directional Movement System. This system attempts to measure the strength of price movement in the upward and downward directions using DMI indicators with ADX.
The above chart represents the ADX of Wrapped Bitcoin. Currently, WBTC lies in the range at 15.433, so it indicates a weak trend.
From the above chart, the Relative Volatility Index (RVI) of WBTC. RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of WBTC is below the 50 level, indicating that the direction of volatility is low. In fact, WBTC’s RSI is at the 49.54 level thus confirming a potential sell signal.
Comparison of WBTC with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum and Wrapped Bitcoin.
From the above chart, we can interpret ETH, BTC, and WBTC are moving in a similar trend but with slight differences. This indicates that when the price of BTC increases or decreases, the price of ETH and WBTC also increase or decrease respectively.
Wrapped Bitcoin (WBTC) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Wrapped Bitcoin (WBTC) би вероватно достигли 65 хиљада долара до 2023.
Wrapped Bitcoin (WBTC) Price Prediction 2024
With several upgrades in the network, Wrapped Bitcoin (WBTC) might enter a bullish trajectory. If the coin grabs the attention of major investors, WBTC might rally to hit $72K by 2024.
Wrapped Bitcoin (WBTC) Price Prediction 2025
If Wrapped Bitcoin (WBTC) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, WBTC would rally to hit $85K.
Wrapped Bitcoin (WBTC) Price Prediction 2026
If Wrapped Bitcoin (WBTC) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, WBTC would rally to hit $100K.
Wrapped Bitcoin (WBTC) Price Prediction 2027
If Wrapped Bitcoin (WBTC) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, WBTC would rally to hit $135K.
Wrapped Bitcoin (WBTC) Price Prediction 2028
If Wrapped Bitcoin (WBTC) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, WBTC would hit $150K.
Wrapped Bitcoin (WBTC) Price Prediction 2029
If investors flock in and continue to place their bets on Wrapped Bitcoin (WBTC), it would witness major spikes. WBTC might hit $175K by 2029.
Wrapped Bitcoin (WBTC) Price Prediction 2030
With greater advancements in the Wrapped Bitcoin ecosystem, the crypto community might continue to invest in Wrapped Bitcoin (WBTC) for the next 8 years and drive significant price rallies for the token. Hence, Wrapped Bitcoin (WBTC) might hit $200K by 2030.
Zakljucak
With continuous improvements in the Wrapped Bitcoin network, we can say that 2022 is a good year for WBTC. For this reason, the bullish price prediction of Wrapped Bitcoin in 2022 is $52,370. On the other hand, the bearish WBTC price prediction for 2022 is $12,871.
Furthermore, with the advancements and upgrades on the WBTC ecosystem, the performance of WBTC would rise reaching $50K very soon. But, it might also reach $60K if the investors believe that WBTC is a good investment in 2022.
FAQ
Wrapped Bitcoin (WBTC) is a tokenized version of Bitcoin that runs on the Ethereum blockchain.
WBTC has listed on many crypto exchanges which include Binance, OKX, Bybit, FTX, and Bitget.
With the ongoing developments and upgrades within the WBTC platform, it has a high possibility of reaching its ATH soon.
On Nov 10, 2021, WBTC reached its new all-time high (ATH) of $70,643.40.
Wrapped Bitcoin seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of WBTC in the past few months, WBTC is considered a good investment in 2022.
Wrapped Bitcoin (WBTC) is one of the active crypto that continues to maintain its Bullish state. Eventually, if this bullish trend continues then Wrapped Bitcoin (WBTC) will hit $60K soon.
Wrapped Bitcoin (WBTC) price is expected to reach $65K by 2023.
Wrapped Bitcoin (WBTC) price is expected to reach $72K by 2024.
Wrapped Bitcoin (WBTC) price is expected to reach $85K by 2025.
Wrapped Bitcoin (WBTC) price is expected to reach $100K by 2026.
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Source: https://thenewscrypto.com/wrapped-bitcoin-price-prediction/