XYO Price Prediction 2023-2032
- XYO Price Prediction 2023 – up to $0.005
- XYO Price Prediction 2026 – up to $0.015
- XYO Price Prediction 2029 – up to $0.044
- XYO Price Prediction 2032 – up to $0.34
XYO offers resources to educate individuals, developers, and enterprises. It is an exciting possibility for a location-based data network built on shared incentives. First, a little background on XYO and its current market position.
XYO has unique blockchain applications compared to other projects based on the fundamental analysis of projects and the technical details of the company. The XYO Network has 4 distinct components: Sentinels, Bridges, Archivists, and Diviners. Together, the components provide a fully decentralized network capable of combining cryptographic security with real-world data.
With market-driven volatility, it is vital to keep track of future price movements of your favorite cryptocurrency. The future of XYO’s price depends on the underlying utility of its native ecosystem, the XYO network, and the general market sentiments towards it. How are the XYO Price Predictions affected by the current chaotic crypto market?
Let’s get into the details.
How much is XYO worth?
Today’s XYO price is $0.002893 with a 24-hour trading volume of $0.002893. XYO is up 0.74% in the last 24 hours. The current CoinMarketCap ranking is #420, with a live market cap of $38,981,773. It has a circulating supply of 13,476,747,692 XYO coins and the max. supply is 13,931,216,938 XYO.
Also Read: How to Buy XYO
XYO Coin Price Analysis: Will Support Level at $0.00284 Hold Amidst Bearish Momentum?
TL;DR Breakdown
- XYO is above its crucial support level of $0.00284
- MACD suggests that the underlying trend for XYO/USD remains bearish
- The Ichimoku Cloud forms a bearish cloud
XYO price analysis on a daily timeframe: XYO Price Hovers Above Key Support Despite Bearish Momentum
XYO/USD 1-day price chart. Source: TradingView
The 1-day XYO/USD price chart indicates that XYO is trading above its support level at $0.00284. This support level serves as a crucial threshold; should the price fall below it, we could see a further decline to around $0.00280 and below.
Despite the presence of a green candle on the price chart, which usually suggests bullish momentum, the Moving Average Convergence Divergence (MACD) indicator tells a more nuanced story. The MACD line being below the signal line is typically a bearish indicator. In other words, even though there is some immediate upward price action, as evidenced by the green candle, the underlying momentum, as suggested by the MACD, is still bearish.
XYO Coin price analysis on the 4-hour chart: Short-Term Bullish Signal Offset by Bearish Medium-Term Outlook
The 4-hour price analysis for the XYO token reveals a market marked by uncertainty, as suggested by the Ichimoku Cloud and RSI indicators. Specifically, the current price of XYO is $0.00290, a hair above the Conversion Line (Tenkan-Sen) at $0.00289, indicating a minuscule bullish momentum in the short term. However, this bullish signal is counterbalanced by the Base Line (Kijun-Sen) at $0.00298, which is above the current price, pointing to a bearish sentiment in the medium term. The Leading Span A and Leading Span B form a “bearish cloud,” further supporting the bearish trend. This area is often viewed as a “no-trade zone,” signaling market indecision.
Adding another layer to the analysis is the RSI, which stands at 43.81. While not yet in oversold territory (typically considered to be an RSI below 30), it leans toward the bearish side, suggesting that there may be further room for downward price movement. Nonetheless, the RSI also indicates that a reversal could be on the horizon, adding a note of caution.
Recent News/Opinion on XYO
XYO to reveal Q4 Plans
XYO is now on OP Mainnet!
XYO Price Predictions 2023-2032
Price Predictions by Cryptopolitan
According to the Cryptopolitan XYO price forecast, there is a projected long-term bullish trend for the token. The analysis suggests that by 2026, XYO’s price could potentially average $0.015. Furthermore, it anticipates that by 2032, XYO may reach a maximum price of $0.14, indicating substantial potential gains from its current price.
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2023 | 0.004 | 0.004 | 0.005 |
2024 | 0.006 | 0.006 | 0.007 |
2025 | 0.008 | 0.009 | 0.010 |
2026 | 0.012 | 0.013 | 0.015 |
2027 | 0.018 | 0.018 | 0.021 |
2028 | 0.026 | 0.027 | 0.030 |
2029 | 0.036 | 0.037 | 0.044 |
2030 | 0.053 | 0.055 | 0.063 |
2031 | 0.078 | 0.080 | 0.091 |
2032 | 0.12 | 0.12 | 0.14 |
XYO Price Prediction 2023
In 2023, our XYO price forecast indicates a maximum price value of $0.005, with an expected average price of $0.004 and a minimum price of $0.004.
XYO Price Prediction 2024
Looking ahead to 2024, our prediction suggests a maximum XYO price of $0.007, while the anticipated average price remains at $0.006, and the minimum price also holds at $0.006.
XYO Price Prediction 2025
For 2025, our XYO price projection envisions a maximum price of $0.010, with an average price estimate of $0.009 and a minimum price expectation of $0.008.
XYO Price Prediction 2026
In 2026, our forecast predicts a maximum XYO price of $0.015, accompanied by an average price estimate of $0.013 and a minimum price forecast of $0.012.
XYO Price Prediction 2027
Moving forward to 2027, our XYO price outlook suggests a maximum price of $0.021, with an average price projection of $0.018 and a minimum price projection of $0.018.
XYO Price Prediction 2028
For the year 2028, our prediction points to a maximum XYO price of $0.030, an expected average price of $0.027, and a minimum price projection of $0.026.
XYO Price Prediction 2029
In 2029, our XYO price prediction indicates a maximum price of $0.044, an average price projection of $0.037, and a minimum price projection of $0.036.
XYO Price Prediction 2030
Looking further ahead to 2030, our XYO price forecast anticipates a maximum price of $0.063, with an expected average trading price of $0.055 and a minimum price projection of $0.053.
XYO Price Prediction 2031
For 2031, our prediction suggests a maximum XYO price of $0.091, an average price projection of $0.080, and a minimum price value of $0.078.
XYO Price Prediction 2032
In 2032, our XYO price projection envisions a maximum price of $0.14, with an expected average price of $0.12 and a minimum price projection of $0.12 for the same year.
XYO Coin Price Prediction by Wallet Investor
Wallet Investor’s technical analysis indicates a bearish outlook for XYO. Their algorithmic predictions forecast a potential decline to $0.000519 USD by 2024. Looking ahead five years, their projection suggests a significant 90.98% decrease in the cryptocurrency’s value.
Coincodex XYO Price Prediction
Coincodex’s analysis of XYO’s price trends presents a mixed outlook across different timeframes. In the short term, a 5-day projection suggests a modest uptick to $0.003043, indicating some positive sentiment among investors. Over a 1-month period, XYO’s value is expected to stabilize around $0.002839, implying a potential trading range. The mid-term forecasts (3-month and 6-month) are more optimistic, with XYO possibly reaching $0.004424 and $0.007595, respectively, indicating potential growth. Looking ahead one year, Coincodex’s forecast is upbeat, predicting a rise to $0.003655.
XYO Coin Price Prediction by Technewsleader
Technewleader’s forecast provides a strikingly optimistic perspective on the future of XYO cryptocurrency. According to their analysis, the year 2023 is expected to witness a maximum price of $0.004, with 2024 projecting an even more promising price range, spanning from $0.006 to $0.007. As we move into 2025, the forecast predicts a minimum trading price of $0.008, while the maximum price is set to hit $0.010. This positive trajectory could lead to a substantial surge, with XYO’s maximum trading price soaring to an impressive $0.044 by 2029. Looking ahead to 2032, XYO’s price may fluctuate from $0.11 to $0.13, further emphasizing the potential for substantial gains in the coming years.
XYO Overview
The XYO Network is a decentralized network of devices that collects and validates geospatial data, or data related to physical locations. Launched in 2018, the network aims to create a trustless and secure system for location-based data. It aspires to bridge the gap between the physical and digital worlds by allowing smart contracts to interact with the real world as if it were an API.
The core idea is to build a decentralized system that could verify ‘proof of location,’ thereby providing a unique layer of data verification beyond the traditional GPS-based systems. The XYO Network has wide-ranging applications, particularly in industries requiring high levels of data integrity and security. These could include supply chain management, logistics, fraud detection, and many more.
XYO Price History
XYO Network launched its Initial Coin Offering (ICO) in 2018. Like many cryptocurrencies in their nascent stages, XYO experienced relatively low trading volumes and prices during its ICO phase. The price remained largely below $0.01 for most of the year.
In 2019, XYO continued to exhibit price volatility, starting the year at $0.003 and dropping to $0.00126 by mid June. XYO closed 2019 at $0.000227. The year 2020 was challenging for most financial assets, including cryptocurrencies. XYO was no exception and saw periods of both upticks and downturns in its price. The token dipped to its ATL of $0.0000952 in March.
In 2021, like many other digital assets, XYO witnessed a considerable increase in both price and trading volume. Propelled by a bullish market and increased interest in geospatial blockchain solutions, the token’s price went up to touch its ATH of $0.082 mark in November. Likewise in 2022, XYO experienced a severe bearish wave, dropping by 96.10% from its ATH. XYO experienced some recovery at the start of 2023, climbing back to 0.0074 in January. At the time of writing, XYO is down by over 60% from its price levels earlier this year.
More on XYO Network
XYO Overview
XYO Network is the world’s first blockchain geospatial network backed with cryptography that anonymously collects and validates data with a geographic component. XYO calls itself the Reality Oracle, a technology protocol designed to improve data validity, certainty, and value. The XYO Network is governed by its native virtual currency, XYO, which facilitates the execution of smart contracts within the platform, which is at the forefront of blockchain innovation and smart contracts.
XYO Utility
Developers: If you’re a developer, you can create geodapps that actively communicate with the XYO Network. If you need verified location data, you’ll need to pay in XYO Tokens to retrieve the data you’re looking for!
Enterprises: Companies will want to make their hardware devices XYO-enabled or find ways to use our verified location oracle network to solve some of their biggest tracking issues. They will need to use XYO Tokens to access the verified location data, or they will be familiar with XYO Tokens, because their newly XYO-enabled devices will be participating in the XYO Network economy.
Personal: The everyday person may want to be able to use the features of the XYO Network but may not necessarily know what XYO Tokens are or even how to buy them! In those cases, a geodapp may have a variable price for a feature on their platform, depending on the current market price for XYO Tokens. Let’s say that an online retailer allows you to only pay for an item when you can prove it’s safely in your home and not stolen off your porch. Perhaps that feature costs $5 on March 12th, but $9 later that year due to a price change in the XYO Tokens used to make that feature work! Although a person may not personally own XYO Tokens, they may be affected by changing prices if it is an aspect of the feature they wish to use. (Like the price of avocados increasing if the cost of water increases!)
Trading: Some folks just want to buy XYO Tokens to see if they can make a profit from trading. Although that’s not the intended purpose of an XYO Token, trading in the token and coin crypto market is incredibly common! In fact, anything with a perceived market value will tend to be traded or used to make money. So if you want, you’re completely allowed to simply buy XYO Tokens and hope that the price increases so you can sell for a profit.
Supporter: Some people don’t actually really want to make a profit off their XYO Tokens, but simply love our technology, movement, and vision for a future planet Earth. In that case, you can simply purchase XYO Tokens as a way to support our company. *Currently, our XYO Token Sale is unavailable, but you can be a supporter by purchasing XY Equity or an XYO Geomining Kit.
Pros and Cons of Investing in XYO
All investments have some risk level, and the risk level is usually proportional to the return on investments. However, this does not directly translate to “the higher the risk, the higher the return.” Otherwise, investors would only go for high-risk investments.
In reality, high-risk investments typically go one of two ways – huge losses or returns. This possibility of significant losses makes most people choose to manage their risks through diversification and other forms of risk management. However, crypto investment is more complex compared to other conventional investment vehicles.
What you can do with XYO Coins
XYO coins are a store of value for the XYO network. The token is used to fund and incentivize users on the network. XYO Tokens are used as “gas” to interface with the natural world to verify a specified object’s XY-coordinate.
The XYO Token model incentivizes the miner not just to provide accurate data but also to know when not to provide data at all. The end user is rewarded for transacting more when network liquidity is low compared to when network liquidity is high. Thus the ecosystem of the XYO Token can remain well-balanced, fluid, and robust.
The tokens have inherent value, so users can use them for remittance across borders through the Ethereum blockchain. You can also use them to fund services in the XYO ecosystem.
Conclusion
Certainly, the XYO token has experienced significant price fluctuations since its launch in 2018. Like many cryptocurrencies, it’s a high-risk, high-reward asset. Its value has changed dramatically over short periods, influenced by various factors such as market sentiment, technological developments within the XYO Network, and broader trends in the crypto industry.
This volatility makes it potentially profitable, as the token’s price is projected to reach $0.14 in the future, but also a risky investment, if the market performs otherwise. Traders must exercise caution and employ risk management strategies like setting stop-loss limits and only investing money they can afford to lose. It’s also advisable to conduct due diligence by researching the project and keeping up-to-date with relevant news.