Comparing NuCypher against other important technological innovations and trends is one way of predicting where the NuCypher price could head over the long term. NuCypher was founded in 2015 as an encryption service protecting the data being moved or stored on the cloud. The product has quickly found its customers in industries highly sensitive nucypher price prediction 2021 to information safety, like healthcare and banking. As the service continued to prove its value, the founders decided to expand into the blockchain space. After several rounds of testing, in October 2020 NuCypher launched its mainnet. In the middle of autumn 2022, the NuCypher cost will be traded at the average level of $0.19.
When trying to make a NuCypher forecast, many traders also try to monitor the activity of NU “whales”, which are entities and individuals that control large amounts of NU. Since the NuCypher market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on NuCypher’s price movements. The 200-day SMA is calculated by taking NuCypher’s closing prices in the last 200 days, adding them together, and dividing the total by 200. The most recent Death Cross in the Bitcoin market happened 291 days ago, on Feb 13, 2022. Meanwhile, a Golden Cross last occurred on Oct 13, 2021, which was 414 days ago.
As the name suggests, a moving average provides the average closing price for NU over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for NU is a sum of NU’s closing prices over the last 12 days which is then divided by 12. The RSI is a very popular technical indicator used to analyze prices of a variety of assets, including NuCypher. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.
Crypto analysts expect that in October 2022, the NU price might fluctuate between $0.18 and $0.21. Crypto analysts expect that at the end of summer 2022, the NU price will be around $0.18. Get daily alerts on price changes of the top 10 cryptocurrencies. Some might be wondering if NuCypher can climb back up to its all-time high in the future and where the price might wind up.
The advanced price chart for NuCypher displays price movement in different formats like candle sticks, bars, lines and few more. On top of this you can map many technical indicators for NU like Moving average, Bollinger bands and Moving average convergence divergence . You have options to view these over different time frames as well as compare NU with any other cryptocurrency of your choice. In mid-June 2022, the market underwent another crash, resulting in the NU token trading at lows of $0.14. In the first half of autumn 2022, the cryptocurrency kept the price value at the same level. As of the moment of writing this NuCypher price prediction on 17 October 2022, the token was trading at $0.1472.
NuCypher’s price for January 2031 according to our analysis should range between $1.47 to $1.69 and the average price of NU should be around $1.58. NuCypher’s price for December 2030 according to our analysis should range between $1.44 to $1.66 and the average price of NU should be around $1.55. NuCypher’s price for November 2030 according to our analysis should range between $1.42 to $1.63 and the average price of NU should be around $1.52. NuCypher’s price for October 2030 according to our analysis should range between $1.39 to $1.60 and the average price of NU should be around $1.50. NuCypher’s price for September 2030 according to our analysis should range between $1.37 to $1.57 and the average price of NU should be around $1.47.