The purpose of this article is to provide a comprehensive price prediction for Illuvium (ILV), a decentralized game studio and cryptocurrency.
We aim to equip you with the necessary insights to make informed decisions about your potential investments in ILV.
Our price prediction will be based on a rigorous analysis of various factors.
These include the overall market trends, the performance of ILV in comparison to other cryptocurrencies, recent news about the project, and its future development plans.
For instance, we will examine how the impending launch of Illuvium’s blockchain-based game could impact the price of ILV.
Similarly, we will also consider how changes in the broader crypto market might influence ILV’s value.
Illuvium (ILV) Fundamental Analysis
| Project Name | Illuvium |
| Symbol | ILV |
| Current Price | $ 58.13 |
| Price Change (24h) | 12.02% |
| Market Cap | $ 306.53 M |
| Volume (24h) | $ 51,743,235 |
| Current Supply | 5,272,801 |
Illuvium (ILV) is currently trading at $ 58.13 and has a market capitalization of $ 306.53 M.
Over the last 24 hours, the price of Illuvium has changed by 12.02%, positioning it 262 in the ranking among all cryptocurrencies with a daily volume of $ 51,743,235.
Illuvium (ILV) Long-Term Price Prediction
| Year | Lowest Price | Average Price | Highest Price |
|---|---|---|---|
| 2025 | $843.50 | $1057.21 | $1302.32 |
| 2026 | $982.74 | $1225.89 | $1534.77 |
| 2027 | $811.85 | $977.69 | $1200.62 |
| 2028 | $690.28 | $824.12 | $1024.33 |
| 2029 | $876.32 | $1093.78 | $1340.23 |
| 2030 | $988.75 | $1246.28 | $1547.13 |
Illuvium Price Prediction 2025
The year 2025 will be a growth year for Illuvium with the lowest price observed at $843.50 and the average price around $1057.21.
These prices are based on the growing adoption rates of the cryptocurrency market, the scaling solutions provided by the Illuvium’s platform, and increased regulation providing investor confidence.
We also assume that In 2025, the interests of gamers and crypto investors will merge more prominently, contributing to Illuvium’s heightened appeal.
With the highest price reaching up to $1302.32, the year 2025 looks very promising for the growth of Illuvium.
Illuvium Price Prediction 2026
The next year, 2026 sees the continuation of the upward trend with increased adoption of blockchain technologies and increased use of the Illuvium platform.
The lowest price in this year is anticipated to be $982.74 while the average price could reach as high as $1225.89.
The highest price can potentially reach $1534.77 as the year witnesses innovations and advancements in the gaming industry, coupled with a more regulated and structured digital currency market, offering everyone a chance to benefit from the Illuvium project.
Illuvium Price Prediction 2027 and 2028
2027 and 2028 are the correction years with prices expected to drop slightly due to market stabilisation after the two-year-long bull run.
The lowest price could go down to $811.85 and $690.28 in 2027 and 2028, respectively, while the average price could range around $977.69 in 2027 and $824.12 in 2028.
The highest price could still reach $1200.62 in 2027 and $1024.33 in 2028, thanks to the resilience of the blockchain gaming industry and its users.
Illuvium Price Prediction 2029 and 2030
The years 2029 and 2030 are predicted to witness a resurgence in growth with lowest prices pegged at $876.32 and $988.75 respectively.
The average prices for these years could be $1093.78 and $1246.28, respectively.
These predictions are based on more games being added to the decentralised platform and increasing user investment in blockchain projects.
The highest price could reach around $1340.23 in 2029 and $1547.13 in 2030, marking a return of a solid bull market in the blockchain ecosystem.
By this time, the use of cryptocurrencies could very well be common as people become more educated and accepting of digital assets.
Illuvium (ILV) Technical Analysis
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Technical Analysis is a trading discipline that seeks to forecast the future direction of an asset’s price by studying past market data, mainly price and volume.
Accurate Illuvium price predictions would require a thorough technical analysis.
This is vital as it enables traders to understand and predict market trends, thus making informed investment decisions.
- Trend Lines: These lines are drawn over pivot highs or under pivot lows to show the prevailing direction of the price.
- Support and Resistance: Support and resistance are certain predetermined levels of the price of a security at which it is believed that the price will tend to stop and reverse.
- Moving Averages: This tool smooths out price data by creating a constantly updated average price which can be taken over a range of specific time periods.
Illuvium Price Predictions FAQs
What is Illuvium?
Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA blockchain game, players in Illuvium capture and battle creatures called Illuvials. ILV is the native token of the platform and can be used for governance votes, yield farming, and as an in-game currency.
How is Illuvium different from other cryptocurrencies?
Illuvium differentiates itself from other cryptocurrencies by its core functionality. It is more than just a token, but also a game where the token can be used and earned. Designed with an open-world concept, it allows individuals to interact on a blockchain platform in a gaming environment.
What factors can influence Illuvium’s price?
Several factors can influence Illuvium’s price such as market sentiment, economic indicators, technological advancements within the Illuvium platform, regulatory news, market demand, and overall flow of cryptocurrencies.
