Monday, November 28, 2022
 

eCash (XEC) Price Prediction: Will XEC Price Reach $0.0002 in 2022?

  • Bullish XEC price prediction ranges from $0.000059 to $0.000135.
  • XEC price might also reach $0.0002 this 2022.
  • XEC’s bearish market price prediction for 2022 is $0.000028.

eCash is a blockchain project that supports faster and cheaper transactions than the Bitcoin blockchain. Its native token is called XEC.

eCash (XEC) investors are bullish on the token since it has had a return on investment (ROI) of over 1.8 times in the past year. The crypto bubble of 2021 led to an increase in the price of XEC to its present all-time high (ATH) of $0.0005926, attained in November 2021. Irrespective of the recent crypto winter, XEC investors are confident that the future of XEC is bullish.

If you are interested in the future of eCash (XEC) and want to know the price analysis and price prediction of XEC for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is eCash (XEC)?

eCash is the present name of Bitcoin ABC (BCHA) after it was rebranded on July 1st, 2021. Before the renaming of BCHA to XEC, BCHA was a hard fork of Bitcoin Cash (BCH) that was forked on November 15, 2018, when BCH split into Bitcoin SV (BSV) and Bitcoin Cash ABC (BCHA). The major developer of eCash is Amaury Sechet.

Amaury Sechet, a former Facebook engineer, left the BCHA platform with Roger Ver as its proponent in 2020 to establish eCash (XEC) after one year of research. ECash aims to stick to the core concept in Bitcoin development and enable transactions with very high scalability and latency.

With the adoption of the concept of Avalanche blockchain on the eCash platform, newer ideas that do not exist on the Bitcoin network, such as subchains, staking, and fork-free upgrades, were introduced.

Developers can build decentralized applications on the eCash blockchain, name them, and quickly fix the data for the total and maximum supplies. This has helped attract more users to the eCash blockchain, thereby increasing its adoption.

eCash plans to increase its scalability from 100 transactions per second (TPS) to 5 million TPS by following a defined roadmap that includes canonical transaction ordering, Schnorr signature, which ensures batch signature ordering, QUIC, which is a Lightning fast network, and the use of graphene to increase block propagation, UTXO commitment to increase blockchain synchronization, Merkliz-Metadata tree for scalable block processing and adaptive block size to increase block growth.

eCash (XEC) Current Market Status

The maximum supply of eCash (XEC) is 21 trillion XEC, while its circulating supply is 19,155,773,423,303 XEC, according to CoinMarketCap. At the time of writing, XEC is trading for $0.0000488, representing a 24 hours increase of 29.47%. The trading volume of XEC in the past 24 hours is $653,585,901.27, representing a 9755.99% increase.

Some top cryptocurrency exchanges for trading eCash (XEC) are Binance, Kucoin, Huobi Global, Gate.io, and others.

Now that you know what XEC is and its current market status, we shall discuss the price analysis of eCash (XEC) for 2022.

eCash (XEC) Price Analysis 2022

Currently, XEC is ranked in the 50th position on CoinMarketCap. Will developments and upgrades within the eCash community increase the price of eCash (XEC)? We shall see in this condition the price analysis 2022 article.

eCash (XEC) Price Analysis- Keltner Channel

XEC/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
XEC/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for eCash (XEC), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of XEC might be sustained before any reversal would be expected.

eCash (XEC) Price Analysis- Relative Strength Index

eCash (XEC)/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
eCash (XEC)/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of eCash (XEC) 1day chart of XEC/USDT is at 62.03.  This shows that XEC is showing a stron5 trend between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

eCash (XEC) Price Prediction-Moving Averages

XEC/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
XEC/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of XEC 200-day and 100-day Moving Average (MA). As indicated in the recent uptrend, XEC is on a bullish trend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term holders.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of eCash (XEC) might experience a significant rise or fall in the future.

eCash (XEC) Price Prediction 2022

XEC/USDT 1Day Chart (Source: Tradingview)
XEC/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of XEC/USDT, the XEC price was swinging from $0.000074 resistance2 to $0.000059 resistance1 after touching the support levels of $0.000037 and $0.000028. It reversed from the support level of $0.000037 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term XEC price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect XEC to reach $0.0002 in 2022.

eCash (XEC) Price Prediction-Resistance and Support Levels

XEC/USDT 1Day Chart (Source: Tradingview)
XEC/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of XEC has increased by 11.7% in the past 30 days. If this price increase continues, XEC could break the $0.000059 resistance1 level and move higher to $0.000135 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of XEC might be dethroned from its present uptrend position. In simpler terms, XEC might trend below the $0.000028 support3 level and even lower in 2022, a bearish signal.

eCash (XEC) Price Prediction 2023

eCash (XEC) might hit $0.0004 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of XEC will rapidly grow to $0.0003. The development will be moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more XEC, reducing its circulation volume. This could make the price of XEC touch $0.0004 shortly.

eCash (XEC) Price Prediction 2024

eCash (XEC) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly; buyers will have ample time and stability to forge the next attack mission on the vital level at $0.0005, making it not plummet but play consistently. This could only be possible if XEC breaks past psychological resistance levels.

eCash (XEC) Price Prediction 2025

eCash (XEC) prices might grow past $0.0006 during the next three years. Furthermore, hitting this level might not be challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

eCash (XEC) Price Prediction 2026

eCash (XEC) prices might grow past $0.0007 during the next four years. Furthermore, hitting this level might not be challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

eCash (XEC) Price Prediction 2027

eCash (XEC) prices might grow past $0.0008 during the next five years. Furthermore, hitting this level might not be challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

eCash (XEC) Price Prediction 2028

eCash (XEC) prices might grow past $0.0009 during the next six years. Furthermore, hitting this level might not be challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

eCash (XEC) Price Prediction 2029

eCash (XEC) prices might grow past $0.001 during the next seven years. Furthermore, hitting this level might not be so challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

eCash (XEC) Price Prediction 2030

eCash (XEC) prices might grow past $0.002 during the next eight years. Furthermore, hitting this level might not be so challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, XEC might reach $0.000135 in 2022 and $0.002 by 2030 if investors have decided that XEC is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is eCash (XEC)?

eCash is a blockchain that maintains the Bitcoin blockchain’s core features and adds other adaptive technology from the Avalanche network. Its native token is XEC.

How to buy an eCash (XEC) Token?

Like other cryptocurrencies, eCash (XEC) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, and others.

Will eCash surpass its present ATH?

eCash has a low possibility of reaching its current all-time high (ATH) price of $0.0005926 in 2022.

When was eCash (XEC) launched?

It was launched in November 2018 as Bitcoin ABC but was rebranded to eCash in July 2021.

What will be the eCash (XEC) price by 2023?

eCash (XEC) price is expected to reach $0.0004 by 2023.

What will be the eCash (XEC) price by 2024?

eCash (XEC) price is expected to reach $0.0005 by 2024.

What will be the eCash (XEC) price by 2025?

eCash (XEC) price is expected to reach $0.0006 by 2025.

What will be the eCash (XEC) price by 2026?

eCash (XEC) price is expected to reach $0.0007 by 2026.

What will be the eCash (XEC) price by 2027?

eCash (XEC) price is expected to reach $0.0008 by 2027.

What will be the eCash (XEC) price by 2028?

eCash (XEC) price is expected to reach $0.0009 by 2028.

What will be the eCash (XEC) price by 2029?

eCash (XEC) price is expected to reach $0.001 by 2029.

What will be the eCash (XEC) price by 2030?

eCash (XEC) price is expected to reach $0.002 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

  • Bullish XEC price prediction ranges from $0.000059 to $0.000135.
  • XEC price might also reach $0.0002 this 2022.
  • XEC’s bearish market price prediction for 2022 is $0.000028.

eCash is a blockchain project that supports faster and cheaper transactions than the Bitcoin blockchain. Its native token is called XEC.

eCash (XEC) investors are bullish on the token since it has had a return on investment (ROI) of over 1.8 times in the past year. The crypto bubble of 2021 led to an increase in the price of XEC to its present all-time high (ATH) of $0.0005926, attained in November 2021. Irrespective of the recent crypto winter, XEC investors are confident that the future of XEC is bullish.

If you are interested in the future of eCash (XEC) and want to know the price analysis and price prediction of XEC for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is eCash (XEC)?

eCash is the present name of Bitcoin ABC (BCHA) after it was rebranded on July 1st, 2021. Before the renaming of BCHA to XEC, BCHA was a hard fork of Bitcoin Cash (BCH) that was forked on November 15, 2018, when BCH split into Bitcoin SV (BSV) and Bitcoin Cash ABC (BCHA). The major developer of eCash is Amaury Sechet.

Amaury Sechet, a former Facebook engineer, left the BCHA platform with Roger Ver as its proponent in 2020 to establish eCash (XEC) after one year of research. ECash aims to stick to the core concept in Bitcoin development and enable transactions with very high scalability and latency.

With the adoption of the concept of Avalanche blockchain on the eCash platform, newer ideas that do not exist on the Bitcoin network, such as subchains, staking, and fork-free upgrades, were introduced.

Developers can build decentralized applications on the eCash blockchain, name them, and quickly fix the data for the total and maximum supplies. This has helped attract more users to the eCash blockchain, thereby increasing its adoption.

eCash plans to increase its scalability from 100 transactions per second (TPS) to 5 million TPS by following a defined roadmap that includes canonical transaction ordering, Schnorr signature, which ensures batch signature ordering, QUIC, which is a Lightning fast network, and the use of graphene to increase block propagation, UTXO commitment to increase blockchain synchronization, Merkliz-Metadata tree for scalable block processing and adaptive block size to increase block growth.

eCash (XEC) Current Market Status

The maximum supply of eCash (XEC) is 21 trillion XEC, while its circulating supply is 19,155,773,423,303 XEC, according to CoinMarketCap. At the time of writing, XEC is trading for $0.0000488, representing a 24 hours increase of 29.47%. The trading volume of XEC in the past 24 hours is $653,585,901.27, representing a 9755.99% increase.

Some top cryptocurrency exchanges for trading eCash (XEC) are Binance, Kucoin, Huobi Global, Gate.io, and others.

Now that you know what XEC is and its current market status, we shall discuss the price analysis of eCash (XEC) for 2022.

eCash (XEC) Price Analysis 2022

Currently, XEC is ranked in the 50th position on CoinMarketCap. Will developments and upgrades within the eCash community increase the price of eCash (XEC)? We shall see in this condition the price analysis 2022 article.

eCash (XEC) Price Analysis- Keltner Channel

XEC/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
XEC/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for eCash (XEC), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of XEC might be sustained before any reversal would be expected.

eCash (XEC) Price Analysis- Relative Strength Index

eCash (XEC)/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
eCash (XEC)/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of eCash (XEC) 1day chart of XEC/USDT is at 62.03.  This shows that XEC is showing a stron5 trend between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

eCash (XEC) Price Prediction-Moving Averages

XEC/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
XEC/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of XEC 200-day and 100-day Moving Average (MA). As indicated in the recent uptrend, XEC is on a bullish trend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term holders.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of eCash (XEC) might experience a significant rise or fall in the future.

eCash (XEC) Price Prediction 2022

XEC/USDT 1Day Chart (Source: Tradingview)
XEC/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of XEC/USDT, the XEC price was swinging from $0.000074 resistance2 to $0.000059 resistance1 after touching the support levels of $0.000037 and $0.000028. It reversed from the support level of $0.000037 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term XEC price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect XEC to reach $0.0002 in 2022.

eCash (XEC) Price Prediction-Resistance and Support Levels

XEC/USDT 1Day Chart (Source: Tradingview)
XEC/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of XEC has increased by 11.7% in the past 30 days. If this price increase continues, XEC could break the $0.000059 resistance1 level and move higher to $0.000135 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of XEC might be dethroned from its present uptrend position. In simpler terms, XEC might trend below the $0.000028 support3 level and even lower in 2022, a bearish signal.

eCash (XEC) Price Prediction 2023

eCash (XEC) might hit $0.0004 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of XEC will rapidly grow to $0.0003. The development will be moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more XEC, reducing its circulation volume. This could make the price of XEC touch $0.0004 shortly.

eCash (XEC) Price Prediction 2024

eCash (XEC) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly; buyers will have ample time and stability to forge the next attack mission on the vital level at $0.0005, making it not plummet but play consistently. This could only be possible if XEC breaks past psychological resistance levels.

eCash (XEC) Price Prediction 2025

eCash (XEC) prices might grow past $0.0006 during the next three years. Furthermore, hitting this level might not be challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

eCash (XEC) Price Prediction 2026

eCash (XEC) prices might grow past $0.0007 during the next four years. Furthermore, hitting this level might not be challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

eCash (XEC) Price Prediction 2027

eCash (XEC) prices might grow past $0.0008 during the next five years. Furthermore, hitting this level might not be challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

eCash (XEC) Price Prediction 2028

eCash (XEC) prices might grow past $0.0009 during the next six years. Furthermore, hitting this level might not be challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

eCash (XEC) Price Prediction 2029

eCash (XEC) prices might grow past $0.001 during the next seven years. Furthermore, hitting this level might not be so challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

eCash (XEC) Price Prediction 2030

eCash (XEC) prices might grow past $0.002 during the next eight years. Furthermore, hitting this level might not be so challenging for XEC due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, XEC has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, XEC might reach $0.000135 in 2022 and $0.002 by 2030 if investors have decided that XEC is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is eCash (XEC)?

eCash is a blockchain that maintains the Bitcoin blockchain’s core features and adds other adaptive technology from the Avalanche network. Its native token is XEC.

How to buy an eCash (XEC) Token?

Like other cryptocurrencies, eCash (XEC) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, and others.

Will eCash surpass its present ATH?

eCash has a low possibility of reaching its current all-time high (ATH) price of $0.0005926 in 2022.

When was eCash (XEC) launched?

It was launched in November 2018 as Bitcoin ABC but was rebranded to eCash in July 2021.

What will be the eCash (XEC) price by 2023?

eCash (XEC) price is expected to reach $0.0004 by 2023.

What will be the eCash (XEC) price by 2024?

eCash (XEC) price is expected to reach $0.0005 by 2024.

What will be the eCash (XEC) price by 2025?

eCash (XEC) price is expected to reach $0.0006 by 2025.

What will be the eCash (XEC) price by 2026?

eCash (XEC) price is expected to reach $0.0007 by 2026.

What will be the eCash (XEC) price by 2027?

eCash (XEC) price is expected to reach $0.0008 by 2027.

What will be the eCash (XEC) price by 2028?

eCash (XEC) price is expected to reach $0.0009 by 2028.

What will be the eCash (XEC) price by 2029?

eCash (XEC) price is expected to reach $0.001 by 2029.

What will be the eCash (XEC) price by 2030?

eCash (XEC) price is expected to reach $0.002 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

 

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