NAGA Price Prediction & Forecast for 2024 2050

Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily NAGA price chart. To see more analysis and outlook, please check the NAGA price prediction page. NAGA is a dynamic social investing platform with a global community exceeding 1 million users, aiming to decentralize financial technology.

What is the NAGA price prediction for next week?

So, the NAGA Crypto Coin is a decentralized digital currency created to address this and remove any banks or intermediaries from the equation. It allows trading on gaming and virtual goods just via the NAGA card. Bollinger Bands are often used by traders to identify potential entry and exit points for a trade. When the price of an asset moves above the upper band, it may indicate that the asset is overbought and a sell signal. When the price falls below the lower band, it may indicate that the asset is oversold and a buy signal.

Short-Term NAGA Price Targets

Historically the price of NGC last day of December was above the open price seven times out of 8, and 1 out of 8 the price was lower than the price at the start of the month. The best month for NAGA has been December for the last eight years, seven times the price of NGC at the end of December was higher than the price at the start of the month. The worst month is June, seven times out of 8, the price at the end of June was lower than starting price. The 200-day SMA is calculated by taking NAGA’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

As you may discern, NAGA’s value has experienced an escalation of 5.1148% during the preceding 24 hours, and NAGA has incurred a decline of  over the prior 30-day duration. Consequently, the determination of whether or not to invest in NAGA will hinge on whether such an investment aligns with your trading aspirations. This calculation shows how much cryptocurrency can cost if we assume that its capitalization will behave like the capitalization of some Internet companies or technological niches. If you extrapolate the data projections, you can get a potential picture of the future NAGA price for 2024, 2025, 2026, 2027, 2028, 2029 and 2030. An oscillator is a technical analysis tool that sets high and low boundaries between two extremes, creating a trend indicator that fluctuates within these limits.

1. This launch followed a successful Initial Coin Offering (ICO) that raised $50,000,000 from 63,000 participants.
2. For example, a 12-day simple moving average for NGC is a sum of NGC’s closing prices over the last 12 days which is then divided by 12.
3. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.
4. Historically the price of NGC last day of December was above the open price seven times out of 8, and 1 out of 8 the price was lower than the price at the start of the month.
5. Many cryptocurrency traders pay close attention to the markets when the current NAGA price crosses an important moving average like the 200-day SMA.
6. This event was followed by the NAGA Roundtable on Vision 2026, where discussions centered around the future trajectory of NAGA and its role in the evolving cryptocurrency market.

Historical Data 14 days

The NAGA crypto is backed by such multi-billion companies as the Hauck & Aufhaeuser (one of the oldest  European banks), the FOSUN Group, the German Stock Exchange, and naga coin price prediction the like. It’s important to note that the content on the Bitnation website shouldn’t be considered investment advice. There is no specified amount you should invest in NAGA, our best investment advice is to only invest what you can afford to lose.

1. A simple moving average (SMA) calculates the average closing price of NGC over a specific period, like a 12-day SMA.
2. Despite facing some challenges in adoption, NGC remains a central element of NAGA’s vision for a decentralized financial ecosystem.
3. According to our price prediction, our analysis suggests that NAGA is currently a smart investment.
4. It’s important to note that the content on the Bitnation website shouldn’t be considered investment advice.

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. The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of NAGA investors’ sentiment, and is based primarily on Bitcoin-related market data. By the end of 2030, the NAGA price is projected to reach $0.04495, with a cumulative ROI of +34.56%. By the end of 2029, the NAGA price is projected to reach $0.05415, with a cumulative ROI of +62.12%. By the end of 2027, the NAGA price is projected to reach $0.04884, with a cumulative ROI of +46.22%.

Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of NGC. The market capitalization of NAGA can change significantly in a short period of time. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the NGC price moves above any of these averages, it is generally seen as a bullish sign for NAGA. Conversely, a drop below an important moving average is usually a sign of weakness in the NGC market.

For currencies that are negatively correlated with NAGA, a move in one direction for NAGA would translate into a move in the opposite direction for the negatively correlated coin.

The current NAGA sentiment is bearish according to our technical analysis. At this moment, we can’t calculate the market cap as we don’t have the best approximation of the circulating supply. However, using the total supply as of Dec 30, The market capitalization of NAGA will be $2 Million. Through NAGA DeFi, users can engage in decentralized finance activities such as lending, borrowing, and earning interest on their crypto assets. This aspect of NAGA aims to provide financial services without the need for traditional banks, making it accessible to a global audience.

The NGC price prediction was last updated on December 30, 2024. Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

At its core, NAGA operates on the Ethereum blockchain, utilizing the ERC20 standard for its cryptocurrency, NAGA Coin (NGC). NGC serves as the core fuel for NAGA’s diverse offerings, including NAGA Trader, NAGA DeFi, and NAGA Social Betting. These platforms enable users to reduce fees, create smart contracts for copy trading, and engage in social finance activities. The Autocopy feature, a standout aspect of NAGA Trader, allows users to replicate the trades of successful investors, fostering a collaborative trading environment. According to our price prediction, our analysis suggests that NAGA is currently a smart investment. Going even further, considering all previous highs and lower time frame prognoses, the prediction for 2040 is $22.13.

Central to its ecosystem is NAGA Coin (NGC), an Ethereum-based token launched in 2017. Moving averages are popular tools for NAGA price prediction. A simple moving average (SMA) calculates the average closing price of NGC over a specific period, like a 12-day SMA. An exponential moving average (EMA) gives more weight to recent prices, reacting faster to price changes.