The purpose of this article is to delve into the Neon EVM (NEON) price prediction, providing you with in-depth insights into the potential future value of this digital asset.
We’ll be drawing on a wealth of data and applying various analytical techniques to give you a comprehensive outlook.
In making these predictions, we’ll be considering a host of factors that influence the price of NEON.
These include market trends, technological developments, regulatory news, and macroeconomic indicators.
Through this article, we aim to present a balanced and unbiased view of the NEON price prediction.
Neon EVM (NEON) Fundamental Analysis
| Project Name | Neon EVM |
| Symbol | NEON |
| Current Price | $ 0.099639 |
| Price Change (24h) | -2.49% |
| Market Cap | $ 23.86 M |
| Volume (24h) | $ 931,963 |
| Current Supply | 239,465,527 |
Neon EVM (NEON) is currently trading at $ 0.099639 and has a market capitalization of $ 23.86 M.
Over the last 24 hours, the price of Neon EVM has changed by -2.49%, positioning it 738 in the ranking among all cryptocurrencies with a daily volume of $ 931,963.
Neon EVM (NEON) Long-Term Price Prediction
| Year | Lowest Price | Average Price | Highest Price |
|---|---|---|---|
| 2025 | $8.94 | $13.27 | $18.29 |
| 2026 | $11.32 | $15.88 | $21.37 |
| 2027 | $9.84 | $12.58 | $16.74 |
| 2028 | $8.21 | $10.44 | $14.09 |
| 2029 | $12.58 | $18.14 | $24.27 |
| 2030 | $15.67 | $22.44 | $29.83 |
Neon EVM Price Prediction 2025
You can expect the price of one NEON token to be $13.27 on average, reaching up to $18.29 in 2025.
Blockchain technology will become a significant part of the business infrastructure, with Neon EVM being at the forefront.
More businesses will incorporate blockchain technology into their operations, particularly SMBs, making NEON more valuable due to its importance in the blockchain ecosystem.
Neon EVM Price Prediction 2026
In 2026, Neon EVM’s average price will increase to $15.88, with a potential high of $21.37, due to the increasing demand for the decentralized applications (DApps) that run on the Neon EVM.
As more industries realize the potential of blockchain technology, the demand for NEON will continue to rise, causing its price to also increase.
Neon EVM Price Prediction 2027
While experiencing a correction in 2027, Neon EVM will see an average price of $12.58, peaking at $16.74.
The correction might be due to several industries redefining their business models around the new technology.
Nonetheless, NEON will maintain a robust pricing trajectory, as it remains an integral part of a groundbreaking ecosystem.
Neon EVM Price Prediction 2028
In 2028, despite the correction phase, expect an average price of $10.44, and a potential high of $14.09.
The correction period will conclude, and Neon EVM will set the stage for future growth.
It will continue to provide solutions for developers who look to create effective DApps, which will play a major role in maintaining its price.
Neon EVM Price Prediction 2029
Neon EVM is expected to bounce back in 2029 with an average price of $18.14 and a high of $24.27.
The recovery will likely be propelled by increased demand across the globe for blockchain-based solutions, in which Neon EVM plays a crucial role.
Neon EVM Price Prediction 2030
By 2030, the average price of Neon EVM is predicted to be $22.44, potentially hitting a remarkable high of $29.83.
This prediction stems from the expected incorporation of blockchain solutions in different sectors, making Neon EVM a necessity in the new digital economy.
Neon EVM (NEON) Technical Analysis
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Technical Analysis is a methodology which helps to predict the future price trends based on the study of past market data (primarily price and volume).
The importance of using Technical Analysis for Neon EVM price predictions lies in its ability to read market signals and predict price momentum, helping investors make informed decisions related to buying, selling or holding their positions.
- Moving Averages: It’s a key tool in technical analysis that helps to smooth out price action by filtering out the “noise” from random price fluctuations and it provides us with the average value over a specific time. If the price is above the moving average, it indicates a bullish trend and vice versa.
- Relative Strength Index (RSI): This momentum oscillator measures the speed and change of price movements. It oscillates between zero and 100, anything below 30 indicates oversold conditions and may hint at a price increase, while anything above 70 indicates overbought conditions and suggests a price decline.
- Bollinger Bands: These are volatility bands placed above and below a moving average that illustrate levels of volatility in the market and relative price levels over a certain period of time. When price moves towards the upper band, the asset may be considered overbought, and when it moves close to the lower band, it indicates oversold conditions.
Neon EVM Price Predictions FAQs
What is Neon EVM?
Neon EVM (Neon Ethereum Virtual Machine) is a protocol designed to connect Ethereum and NEAR technologies. It uses the power of Ethereum’s smart contracts with the NEAR protocol’s scalability and efficiency, empowering developers to create decentralized applications more efficiently and cost-effectively.
How is the Neon EVM price predicted?
The Neon EVM price is predicted through a method called technical analysis. This method primarily looks at the asset’s past movement and volume data to derive potential future price movements. It pays attention to various indicators such as Moving Averages, RSI, and Bollinger Bands.
What factors affect the price of Neon EVM?
The price of Neon EVM can be influenced by various factors such as market demand, overall cryptocurrency market trends, technological advancements, regulatory news, and macroeconomic factors.
Is investing in Neon EVM risky?
All investment carries risk and investing in cryptocurrencies such as Neon EVM is no different. Cryptocurrencies are notorious for their volatility and the price of Neon EVM can increase or decrease rapidly. It is crucial to carry out thorough research and seek advice from a financial advisor before investing.
