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Price Prediction for Matic (Polygon)

  The price of Matic is inching towards the 15, 20 & 25 moving averages The yellow lines represent the range between which Matic has been trading since July The expectation is for the price of Matic to drop to 0.76 in the next few days Note: Trading decisions should not be based on the opinion in this article, investors should conduct their own due  diligence  before buying the cryptocurrency. This article is purely based on my own research and understanding of the cryptocurrency in the article.

What Is The Future Price Prediction of VeChain (VET) Cryptocurrency - 2021, 2022, 2023, 2024, 2025, 2026 - Report Date: 30th April 2021





  • VeChain is currently priced at $0.20 as at 30th April 2021
  • VeChain is predicted to end the next five years and the below listed prices:
    • $0.53 - 2021
    • $1.08 - 2022
    • $1.62 - 2023
    • $2.17 - 2024
    • $2.71 - 2025
    • $3.25 - 2026
  • Sentiment Analysis - VeChain has returned a positive 66% as per the sentiment analysis model. A positive sentiment analysis could signal a buy trend
  • On a daily scale, the RSI currently sits at 56.64. RSI above the 70 level signals overbought and below 40 signals oversold. The current level sits in the middle range. We expect the RSI to drop to approximately 50 points before increasing
  • MACD a momentum indicator indicates that the price would drop a bit before pulling back
  • 10 Day Volume Moving Average vs Close Price

  • The chart above shows the relation between 10 Day Volume Moving Average (DVMA) calculated using the daily buying or selling pressure vs the close price of the cryptocurrency
  • As per the chart, the price follows the 10 Day Volume Moving Average. It can be seen in the chart that the 10 DVMA started increasing at the start of April and the price caught up starting mid of April. This can be used a gauge to predict the movement of price using the 10 DVMA
  • The circled part shows 10 DVMA moving lower and therefore it is expected that the price might follow along

Summary Points:
  • Short Term: Indication of minor price decrease for VeChain in the given days with a possible low of $0.17 before pulling back to $0.20
  • Long Term: The price of VeChain could reach $3.25 by the end of 2026, resulting in a 1525% growth.
  • Trade Indicator:
    • Short Term: Buy
    • Long Term: Strong Buy

Note: Price predictions in this article are based on mathematical models and should only be used as a reference and not as a trading signal. Trading decisions should not be based on the opinion in this article, investors should conduct their own due diligence before buying or selling the cryptocurrency. 

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