In Volt Inu (VOLT) price prediction 2024, 2025-2030, we will analyze the price patterns of VOLT by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
Volt Inu (VOLT) Current Market Status
What is Volt Inu (VOLT)?
Volt Inu (VOLT) is a hyper-deflationary token which means that its circulating supply is gradually being whittled away. The hyper-deflationary mechanism of the token has a unique structure. Essentially, all of the profits made on treasury investments are then used to buy back and burn VOLT tokens. VOLT will also play a major role in Volt Inu’s Swap and Launchpad.
Any DeFi project will be able to access the project’s Swap by using liquidity pools. The value of the coin is also supported by the ecosystem of products and use cases which are growing at a stable rate.
VOLT 24H Technicals
Volt Inu (VOLT) Price Prediction 2024
Volt Inu (VOLT) holds the 309th position on CoinGecko right now. VOLT price prediction 2023 is explained below with a daily time frame.
In the above chart, Volt Inu (VOLT) laid out the Descending Channel also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, the line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
At the time of analysis, the price of Volt Inu (VOLT) was recorded at $0.0000003361. If the pattern trend continues, then the price of VOLT might reach the resistance levels of 0.0000004338 and $0.0000005033. If the trend reverses, then the price of VOLT may fall to the support of $0.0000003704 and $0.0000003193.
Volt Inu (VOLT) Support and Resistance Levels
The chart given below elucidates the possible resistance and support levels of Volt Inu (VOLT) in 2024.
From the above chart, we can analyze and identify the following as resistance and support levels of Volt Inu (VOLT) for 2024.
Volt Inu (VOLT) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Volt Inu (VOLT) are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current Volt Inu (VOLT) market in 2024.
Volt Inu (VOLT) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Volt Inu (VOLT) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of Volt Inu (VOLT).
Comparison of VOLT with BTC, ETH
Let us now compare the price movements of Volt Inu (VOLT) with that of Bitcoin (BTC), and Ethereum (ETH).
From the above chart, we can interpret that the price action of VOLT is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of VOLT also increases or decreases respectively.
Volt Inu (VOLT) Price Prediction 2024, 2025 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Volt Inu (VOLT) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Conclusion
If Volt Inu (VOLT) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Volt Inu (VOLT) price prediction for 2024 is $0.0000007010. Comparatively, if unfavorable sentiment is triggered, the bearish Volt Inu (VOLT) price prediction for 2024 is $0.0000002170.
If the market momentum and investors’ sentiment positively elevates, then Volt Inu (VOLT) might hit $0.0000007010. Furthermore, with future upgrades and advancements in the Volt Inu ecosystem, VOLT might surpass its current all-time high (ATH) of $0.000003513 and mark its new ATH.
This content was originally published by our partners at The News Crypto.