To simplify the latest NGC price prediction, we have divided the prediction by short term NAGA price prediction and long term NAGA price prediction. Today, the trading volume of NAGA has gone up by +29.29% in the past 30 days. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.
- Throughout its journey, NAGA has participated in various conferences and events related to cryptocurrency and blockchain technology.
- Traders often identify candlestick patterns to gain an edge in cryptocurrency price predictions.
- Founded in 2014, Bitnation strives to provide reliable and accurate blockchain news, investing guides, market forecasts and reviews.
- Traders use this indicator to identify short-term overbought or oversold conditions.
- Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily NAGA price chart.
- The price of NAGA decreased by -35.67% in the last 1 year, while the coin’s 3-year performance is -98.63%.
- This could result in a potential return on investment of compared to the current rates.
By the end of 2026, the NAGA price is projected to reach $0.05087, with a cumulative ROI of +52.31%. By the end of 2025, the NAGA price is projected to reach $0.05037, with a cumulative ROI of +50.80%. By the end of 2024, the NAGA price is projected to reach $0.03677, with a cumulative ROI of +10.07%. NAGA’s platform is renowned for its Autocopy feature, which allows traders to replicate the trades of others, creating a collaborative and educational trading environment.
The NAGA platform offers access to over 4,000 assets, including real stocks, currency CFDs, indices, commodities, and ETFs. This extensive range of assets provides users with diverse trading opportunities, catering to different investment preferences and strategies. NAGA Coin (NGC) is a cryptocurrency that aims to become the one coin for social finance. NAGA Coin acts as the core fuel element of NAGA Trader, NAGA DeFi and NAGA Social Betting, where it allows users to decrease fees, create smart contracts for copy trading and much more. According to the NAGA coin price prediction, for the following 7 days, the price is assumed to decrease by 2.7%, and in 14 days – up to -29.7%. It becomes clear that the NGC price is rather anticipated to keep performing badly, making it disadvantageous crypto to invest, especially in the long-run perspective.
One of the primary applications of NAGA is social investing. NAGA Trader is a platform where users can engage in social trading, allowing them to follow and copy the trades of successful investors. This feature, known as Autocopy, creates a collaborative environment where both novice and experienced traders can benefit from shared knowledge and strategies. The technology behind NAGA is multifaceted, blending blockchain innovation with social trading and artificial intelligence.
- The platform’s future projects, NAGA DeFi and Social Betting, aim to integrate social elements into betting and on-chain trading, further enhancing user engagement.
- It allows trading on gaming and virtual goods just via the NAGA card.
- The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including NAGA.
- The development of NAGA DeFi and Social Betting represents the next phase of the ecosystem.
- This feature, known as Autocopy, creates a collaborative environment where both novice and experienced traders can benefit from shared knowledge and strategies.
- Over the last 7 days, NAGA has been showing bearish signs, we expect a slight recovery within the next week as investors take advantage of this dip as a good time to buy NGC.
- Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
NAGA Price Prediction 2028
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The NAGA price prediction on CoinCodex is calculated using the historical NAGA price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic NAGA prediction.
NAGA Price Live Data
NAGA Coin serves as the core fuel for NAGA Trader, NAGA DeFi, and NAGA Social Betting. These platforms enable users to reduce fees, create smart contracts for copy trading, and engage in social betting, thus fostering a unique social trading environment. NAGA’s platform is designed to cater to a global community of over 1 million users, providing them with the technology, resources, and assistance needed for trading.
Traders use this indicator to identify short-term overbought or oversold conditions. The highest price ever recorded for NGC was $3.26, which we consider to be a key level for the price of NAGA to potentially return to in the next bull run. However, our algorithmic prediction system suggests that the price may exceed this level and reach as high as $31.84 within the next ten years. It’s the maximum price we expect NGC to reach by the end of this year, and the minimum is $1.85, so we expect the price to be in the $1.85 – $-3.51E-1 range. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total naga coin price prediction by 50. Wealth distribution is an important factor to consider when researching a cryptocurrency.
NAGA Coin (NGC) serves as the utility token within the NAGA ecosystem, facilitating various functions such as reducing fees and enabling smart contracts for copy trading. Launched on December 17, 2017, NGC was developed in partnership with the German publicly listed FinTech company, The NAGA Group AG. Despite facing some challenges in adoption, NGC remains a central element of NAGA’s vision for a decentralized financial ecosystem. In addition to its trading platform, NAGA has recently merged with CAPEX.com and launched a trading app integrated into Telegram messenger. This integration allows users to trade directly from their messaging app, making the process more convenient and accessible. The incorporation of Rezolve AI into the platform, set to go live in Q4 2023, is another example of NAGA’s commitment to leveraging cutting-edge technology to enhance user experience.
NAGA Short-term Price Prediction
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the NGC price. Over the past 7 days, NAGA price was most positively correlated with the price of and most negatively correlated with the price of . For the last 30 days, more than 342 NGC transactions have been made, on average daily 11.40 completed transactions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts. Not to mention predicting something so perfect is completely impossible. December is the best month, and June is the worst by analysing data of the last eight years. Currently, the NAGA Fear & Greed Index stands at 65, which means that investors’ sentiment is in the so-called Greed zone. Currencies that are positively correlated with NAGA indicate that the movement of one has a statistically significant weight to lead the other in the same direction.
NAGA Price Prediction and Forecast
Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results. Most traders use candlestick charts, as they provide more information than a simple line chart.
This utility extends to trading a variety of assets, including real stocks, currency CFDs, indices, and commodities. NAGA’s vision extends to providing a seamless trading experience without the need for traditional bank accounts or fiat money. The platform’s future projects, NAGA DeFi and Social Betting, aim to integrate social elements into betting and on-chain trading, further enhancing user engagement.