The purpose of this article is to provide a detailed price prediction for Pax Dollar (USDP), a popular stablecoin in the cryptocurrency market.
We aim to offer you a comprehensive understanding of the potential future value of USDP, based on a variety of factors and data.
The price prediction will be derived from a thorough analysis of market trends, historical data, and the overall performance of USDP.
We will also take into account the broader economic environment and its potential impact on the cryptocurrency market.
Factors such as market volatility, regulatory changes, technological advancements, and investor sentiment will play a crucial role in determining the price of USDP.
Stay tuned to delve deeper into the exciting world of Pax Dollar and its potential future trajectory.
Pax Dollar (USDP) Fundamental Analysis
| Project Name | Pax Dollar |
| Symbol | USDP |
| Current Price | $ 1.00 |
| Price Change (24h) | -0.11% |
| Market Cap | $ 97.07 M |
| Volume (24h) | $ 5,178,376 |
| Current Supply | 97,046,699 |
Pax Dollar (USDP) is currently trading at $ 1.00 and has a market capitalization of $ 97.07 M.
Over the last 24 hours, the price of Pax Dollar has changed by -0.11%, positioning it 532 in the ranking among all cryptocurrencies with a daily volume of $ 5,178,376.
Pax Dollar (USDP) Long-Term Price Prediction
| Year | Lowest Price | Average Price | Highest Price |
|---|---|---|---|
| 2025 | $1.12 | $1.22 | $1.34 |
| 2026 | $1.15 | $1.38 | $1.45 |
| 2027 | $1.07 | $1.22 | $1.30 |
| 2028 | $1.04 | $1.14 | $1.20 |
| 2029 | $1.20 | $1.45 | $1.60 |
| 2030 | $1.25 | $1.55 | $1.70 |
Pax Dollar Price Prediction 2025
In 2025, the crypto market is expected to perform well mainly due to increasing institutional interest and government regulation in favor of digital currencies, making them more accepted.
The lowest price is expected to be at $1.12. The average price will be $1.22 due to increased adoption and integration with financial services.
The highest price might reach $1.34 because of speculative interest and consistent growth in the overall crypto market.
Pax Dollar Price Prediction 2026
The growth trajectory will continue from 2025 with the lowest price being $1.15.
The average price getting up to $1.38 as mass adoption of digital currency is expected during this year.
The highest price we predict to reach $1.45 given the increased stability and continuous institutional uptake.
Pax Dollar Price Prediction 2027
In 2027, we predict a mild correction sentiment in the market which might bring the price down to a low of $1.07, an average of $1.22, and a high of $1.30.
This predicted correction period is normal and healthy, as it allows markets to consolidate before the next run up.
Pax Dollar Price Prediction 2028
For 2028, the correction and consolidation phase will continue with the lowest price being $1.04 and the average price $1.14.
The highest price may go up to $1.20, as the market stabilizes and readies for another potential bull run.
Pax Dollar Price Prediction 2029
In 2029, a bull run year, with increasing global adoption of cryptocurrencies, the lowest price is expected to be $1.20.
The average price is expected to boost up to $1.45 with a high reaching as up to $1.60 given the high optimism and potential mass market demand.
Pax Dollar Price Prediction 2030
By 2030, as crypto assets become a part of everyday transactions, Pax Dollar can reach a low of $1.25, average at $1.55, and might hit a new high at $1.70.
This is considering continuous favourable market conditions and progressive regulatory environment.
Pax Dollar (USDP) Technical Analysis
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Technical Analysis is a methodology used to forecast the direction of prices through the study of past market data, primarily price and volume.
When doing Pax Dollar price predictions, Technical Analysis is essential as it provides an objective means of identifying trend reversals, comparing scenarios, and making informed decisions.
- Moving Averages: This indicator shows the average price over a certain number of periods. It can identify the trend direction and provide support and resistance levels.
- Relative Strength Index (RSI): RSI compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an instrument, in this case, Pax Dollar.
- Bollinger Bands: This is a volatility indicator. It gives a relative definition of high and low prices of a market. The nature of Bollinger bands also permits a comparison of volatility and relative price levels over a period.
Pax Dollar Price Predictions FAQs
What is Pax Dollar?
Pax Dollar (USDP) is a digital stablecoin that represents a U.S dollar in a digital form. It is fully collateralized one to one by dollars held in reserve by Paxos Trust Company.
How are Pax Dollar price predictions made?
Price predictions are typically made through technical analysis, evaluating historical price patterns and statistical trends, or fundamental analysis, considering the overall economic and industry conditions. Some predictions may also factor in current global events and sentiment analysis.
What factors influence Pax Dollar price?
Being a stablecoin collateralized to the US dollar, Pax Dollar’s price does not fluctuate as much as other cryptocurrencies. However, it could still be influenced by the supply and demand dynamics in the cryptocurrency market, regulatory news, and overall market sentiment.
