Pundi X Price Prediction 2021 — Will NPXS Surpass Its Current ATH Soon?

This Pundi X Price Prediction 2021 article is based on technical analysis alone. Below, you will see the key measures that we have taken into consideration upon coming up with our NPXS price analysis and prediction.

The cryptocurrency market started to surge high. In fact, there are many cryptos that surged to a new all-time during this 2021 bull run. In contrast, some crypto also had a downtrend. Therefore, many traders and investors are confused about whether it is time to hold or sell for Crypto a good price. For NPXS, the former may be the case.

Nevertheless, the crypto market is consolidating lately, and most cryptos are losing their previous profits. Is the scenario the same with the NPXS price? We’ll find out shortly in this NPXS price analysis 2021 article. But first, let’s have a look at what NPXS is.

What Is Pundi X (NPXS)?

Pundi X is a leading developer of blockchain-based devices with the aim of transforming retail firms with its blockchain-related point of sale solution. Moreover, the solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain.

Creators of the NPXS token think that it will one day be utilized on their Ethereum-based Point-of-Sale (POS) devices. More so, this approach can provide basic banking services to underdeveloped countries like Latin America and Indonesia.

Currently, the top crypto trading platforms for NPXS are Binance, Huobi Global, Upbit, VCC Exchange, and HitBTC.

Now that we have an idea about NPXS, do you think NPXS will be profitable crypto in 2021? Join me and let us see the charts in this NPXS price analysis and NPXS price prediction.

Pundi X (NPXS) Current Market Status

Pundi X is one of the most aggressive virtual assets in the crypto market today. In fact, crypto was able to record a huge growth rate of over +1561% in the past year. For this reason, Pundi X has become one of the most talked-about digital assets in the crypto world.

In terms of its market standing, the crypto positions itself as one of the most prominent cryptocurrencies in CoinGecko. As a result, Pundi X has a 24-hour trading volume of $6,015. Indeed, this market status of crypto attracts global investors around the world.

Now that you already have an idea about what Pundi X cryptocurrency is, do you think Pundi X is a good investment this year? If you are already excited to know, come, and together let us check this Pundi X price prediction and price analysis article.

Pundi X Price Analysis 2021

Currently, NPXS holds 145th place on CoinGecko. But will the recent development and changes in the blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this NPXS price prediction article.

In the chart above, which is set in a daily time frame, we can see the Descending Triangle pattern. This is an important indicator since NPXS has been showing bearish over the past 3 months. Consequently, the descending triangle pattern hints that NPXS will finally go bearish

In the foreseeable future, we can say that NPXS has a higher chance of going bearish than bullish. As shown above, at the beginning of this month, NPXS moving sideways.

The Relative Strength Index (RSI) is at 37.97, which means that NPXS is in an oversold state. However, this may lead to a price reversal at any given time. 

Therefore, traders must trade wisely and must not be affected by the market hype. With this in mind, traders can be cautious and stay away from unexpected losses due to the crypto market’s wild swings.

Let us also look at the Simple Moving Average (SMA) and the Exponential Moving Average (EMA).

Since the start of 2021, NPXS’s price has seen many bullish moves which are higher than the previous one. More so, these are followed by fluctuations and corrections right away. Taking this into consideration, NPXS has a competitive market this 2021.

Pundi X Price Prediction 2021

As shown below in this NPXS price forecast chart, in a smaller time frame, NPXS has shown an accumulation trend, however, moving sideways

The pattern indicates a period of consolidation over the past 2 months, this might immediately push a price breakout or breakdown. A breakdown from the lower trendline represents the start of a new bearish trend, while a breakout from the upper trendline shows the start of a new bullish trend.

In the short-to-mid term scenario for our NPXS price prediction 2021, NPXS has to break past the Fib retracement level at $0.0079. To do this, it has to establish more support at the Fib level at $0.0062. If not, bears may gain the upper hand and drag NPXS to their territory.

Pundi X Price Prediction 2022

If NPXS might move in a bullish trend, NPXS will reach $0.01 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $0.015. Then this rise will slow down, but no major falls are expected. With upcoming partnerships, and developments reaching $0.01 is quite optimistic in the price point of view but undoubtedly feasible for the near future. This indicates that Pundi X has a high possibility of reaching a new ATH soon.

Pundi X Price Prediction 2023

The price of NPXS can move even great heights, however reaching $0.025. Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency NPXS breaks past the psychological resistance level.

Pundi X Price Prediction 2024

As per the latest upgrades, developments, NPXS price prediction, and new project forecasts of the platform the price surges. Moreover, this might boost the price of NPXS in the crypto market, and it will be the best investment as the price can spike and reach around $0.05.

Pundi X Price Prediction 2025

In the next four years, NPXS prices could rise up to $0.1. However, reaching this level could not be so difficult for NPXS as additional medium, short-term, and long-term price targets could be found to purchase or sell orders.

Conclusion

NPXS has a great future ahead of it in 2021. With ongoing developments happening within the NPXS ecosystem, as well as in the overall crypto market, we may see NPXS reach new heights. The bullish price prediction of NPXS is $0.0079.

Meanwhile, our long-term NPXS price prediction for 2021 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $0.015 this year. However, that will only happen if it breaks past a number of psychological resistances.

Also, if investors have decided that NPXS is a good investment in 2021 along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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