This is the 22nd exchange to offer MTL tokens. On 19 April, MTL, the native token of payment processing platform Metal, hit a 90-day high of $3.43, according to CoinMarketCap. However, at the time of writing (3 May), the MTL token price fell to mi coin $1.95, a decrease of more than 43% from the high. Metal was the subject of our discussion. Because of its potential and relevance, every investment made in it will pay off. A good investment indeed if you want to hold the coin for a long time.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $1.85 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. METAL is expected to have a minimum value of $1.59. Metal, according to some, is one of the most amazing cryptocurrencies to rise this year (METAL).
Identifying levels of support and resistance are often all it takes to start creating a MTL price prediction, at least in the short to mid-term. Horizontal resistance levels can be identified by counting the amount of times a price is tested and rejected on an attempt upwards. Horizontal support levels can be identified by counting the amount of times a a price tests and bounces from a particular price on the way down. Predicting the price of MTL can also be useful for determining sell targets if you’re already holding MTL and wondering where to sell for the highest profit. Metal DAO is forecasted to hit $1.491 by the end of 2023. The expected average MTL
price for 2023 is $1.515, which is a
12.14% increase in value from the current price.
Metal price forecast at the end of the month 3.14, change for August 15.9%. In the beginning price at 2.02 dollars. Metal price forecast at the end of the month 2.34, change for June 15.8%.
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The average price of Metal (MTL) might go to $1.24 by the end of this year. If we estimate the five-year plan, it is estimated that the coin will easily reach the $5.44 mark. The average price of Metal DAO could exceed $1.98 this year. Within the next 5 years, the price of MTL is expected to rise above $8.97. This year will be one to remember for Metal DAO, in 2031 we expect that MTL will reach a new ATH of $12.93, the new minimum price of Metal DAO could be $12.14. The worst case scenario is that MTL ends 2031 at $12.53.
According to our price prediction, our analysis suggests that Metal DAO is currently a smart investment. In 2025, we expect Metal DAO to see impressive growth as crypto gains recognition across many business sectors. As a result, the price could reach as high as $5.01, averaging around $4.62. Metal DAO could see a minimum price of $4.22.
The RSI takes into account prior price action and volume to indicate whether there is a shift from buying to selling or selling to buying. The total circulating supply of Metal at the time of writing is 66,588,888 and the market cap of MTL remains at $87.81M. Buy and Sell over 150 coins on the world’s biggest crypto exchange – Binance. Whether the MTL token is a good fit for your investment portfolio depends on your circumstances and risk tolerance. So you should estimate the level of risk you are ready to take before investing.
According to the latest long-term forecast, Metal price will hit $2.5 by the end of 2023 and then $6 by the end of 2024. Metal will rise to $7 within the year of 2025, $9 in 2026, $10 in 2027, $12 in 2029, $15 in 2030 and $20 in 2034. Keeping up to date with important Metal (MTL) news will give Traders an edge where technical analysis falls short. The predictions are updated on daily basis. The current price is updated every 15 minutes. In the beginning price at 5.36 dollars.
For more information on the market capitalization and price statistics See full market cap and price stats. The first recorded exchange rate in our base is $1.51. Compared to today’s exchange rate, MTL cryptocurrency price is down by -12.41% so, An investment of $100 now would have been worth $87.59. Our coin market data for Metal goes back to 09 Jul 2017, and shows that the lowest rate ever recorded was in Mar 2020, which was 3 years ago, when Bitcoin was worth only $0.155. The year that saw the most significant increase in Metal value was 2021, as its value surged from $0.393 to $8.18.
As Metal DAO continues to reach new highs, our algorithm expects that in 2024, Metal DAO can achieve a maximum price of $3.69 while the average price for the year will stay around $3.30. If a bear market appears, the minimum price MTL can reach in 2024 is $2.90. The Metal coin stayed in the uptrend until the end of the summer. On August 31 the token hit $4.7, but couldn’t sustain this level and went down to $3.3 in the next few days.
The coin price is updated every 15 minutes. | Our reviews and analysis are all hand made. Because of this, some stats may become incorrect over time. In the following image we can see that the RSI (Relative Strength Index) Indicator which is used by a large majority of Traders is located at the bottom of the chart. The areas above and below the dotted lines indicate whether a coin like Metal (MTL) is overbought or oversold.
The Stoch RSI and Williams percent range gave ‘buy’ signals. The moving average convergence divergence (MACD) and momentum oscillator kept neutral. In 2018, MTL reached $11.01 on 4 January, and after that, its price kept declining and closed the year at $0.25, down nearly 98% from the January high. The bearishness continued in 2020, and the MTL token declined to its all-time low of $0.11 on 13 March 2020. MTL token turned slightly bullish afterwards and reached $0.41 on 22 August.
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