Pundi X Price Prediction 2022 – Will PUNDIX Hit $2.5 Soon?

This Pundi X (PUNDIX) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key confluences that we have taken into consideration upon coming up with our PUNDIX price analysis and prediction.

There are many cryptocurrencies that spiked to a new all-time during this 2021 bull run. In contrast, some crypto also faced a downtrend position. As a result, many crypto traders are worried about whether it is time to hold or sell their crypto. This is also the same case that traders are experiencing in Pundi X. However, Pundi X (PUNDIX) is one of the cryptocurrencies in the market that has its price plummeted by over 76.6% in the past one year after attaining an all-time high value of $7.14 on April 9^th, 2021 according to CoinMarketCap.

Can Pundi X (PUNDIX) reach $0.5 in 2022? We will find out shortly. But before we proceed to our Pundi X analysis, let us first answer the question “What is Pundi X?” in this PUNDIX price prediction 2022 article.

What is Pundi  X (PUNDIX)?

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

The goal of the Pundi X project is to make cryptocurrency available to everyone. While other similar projects attempt to outperform the banking system, Pundi X looks to simplify transforming retail businesses to make this happen.

Pundi X has created a blockchain payment ecosystem with the XPOS, XPASS, and the virtual XWallet. The XPOS is the world’s first blockchain-powered wireless point-of-sale (POS) for cryptocurrencies.

Now that we are clear about Pundi X do you think PUNDIX be profitable crypto in 2022? Join me and let us see the charts in this Pundi X price analysis and PUNDIX price prediction.

Pundi X (PUNDIX) Current Market Status

As of the time of writing this Pundi X (PUNDIX) price analysis, PUNDIX trades at $1.08 with a 24-hour trading volume of $154,965,910. The price of PUNDIX has increased by 41.27% in the last 24 hours.

Furthermore, Pundi X (PUNDIX) has a current circulating supply of 258,491,637.23 PUNDIX. Currently, the top cryptocurrency exchanges for PUNDIX are Binance, Huobi Global, Kucoin, Bithumb, Bittrex, and Gate.io.

Now, let’s proceed to the next part of this Pundi X (PUNDIX) technical analysis for 2022.

Pundi X (PUNDIX) Price Analysis 2022

Currently, Pundi X (PUNDIX) holds 175th place on CoinMarketCap. But will the latest upgrades, development, and changes in the Pundi X ecosystem help the cryptocurrency price to reach higher? Let’s proceed to the charts in this PUNDIX price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for PUNDIX/USDT, we can deduce that the price of Pundi X (PUNDIX) might get bullish in some days since the price is almost breaking out at the first half of the channel from the top. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 63.57.  This shows that Pundi X (PUNDIX) is showing a strong trend since its RSI lies between 50 and 70. his value can trigger a bullish run if more buyers reposition as the value is moving towards the 70 RSI value which is the overbought region.

From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is large and both moving averages are within the recent candlesticks, there might be consolidation before a strong bullish run.

Pundi X (PUNDIX) Price Prediction

The chart below shows that Pundi X (PUNDIX) has performed great over the past few days. Moreover, the Pundi X (PUNDIX) price shows a bullish trend and had gained over 50.9% in the past 30 days.. If this trend continues, PUNDIX might run along with the bulls, overtaking its $1.16 resistance1 level and move higher to $2.14 at resistance4, the 2022 bullish signal.

Conversely, if the investors turn towards the crypto, the bears might take over and push Pundi X (PUNDIX) from its uptrend position. In simpler terms, the price of PUNDIX might plummet to almost $0.65, a bearish signal. Meanwhile, our long-term PUNDIX price prediction for 2022 is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many past psychological resistances.

Pundi X (PUNDIX) Price Prediction 2022

If this bullish trend continues, Pundi X (PUNDIX) will reach $2.14 by the end of 2022. Moreover, the first half of 2022 is going to show rapid growth, up to $1.41. Then the rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $2.5 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Pundi X (PUNDIX) Price Prediction 2023

If Pundi X (PUNDIX) holds the support level around 200-MA which is the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $5, making it not plummet but play consistently.

Pundi X (PUNDIX) Price Prediction 2024

As per the latest upgrades, developments, Pundi X (PUNDIX) price prediction, and new project forecasts of the platform, PUNDIX investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of Pundi X (PUNDIX) in the crypto market, and it will be the best investment as the price can spike and reach around $12.

Pundi X (PUNDIX) Price Prediction 2025

In the next four years, Pundi X (PUNDIX) prices could rise up to $25. More so, reaching this level could not be so difficult for PUNDIX as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that PUNDIX has a high possibility of reaching a new ATH soon in the next four years as per the prediction.

Pundi X (PUNDIX) Price Prediction 2026

In the next five years, Pundi X (PUNDIX) prices could rise up to $50. More so, reaching this level could not be so difficult for PUNDIX as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that PUNDIX has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Conclusion

Pundi X (PUNDIX) has a bright future ahead of it in 2022. With the ongoing developments happening within the Pundi X ecosystem, as well as in the overall crypto market, we may see PUNDIX reach new heights.

Bullish Pundi X (PUNDIX) price prediction 2022 is $2.14. As said above, it may even reach its new ATH if investors have decided that PUNDIX is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

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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.