Illuvium (ILV) Price Prediction 2023-2030: Will ILV Price Hit $100 Soon?

• Bullish Illuvium (ILV) price prediction ranges from $35 to $102.
• ILV price might also reach $100 this 2023.
• The ILV bearish market price prediction for 2023 is 37.72.

Illuvium, according to some, is one of the most amazing cryptocurrencies to rise this year (ILV). 

The Ethereum blockchain-based fantasy role-playing game Illuvium was created by the Illuvium DAO, a decentralized autonomous organization. A decentralized, NFT collection and auto battler game developed on the Ethereum network, the game was launched in January 2021.

If you are interested in the future of Illuvium (ILV) and would want to know the price analysis and price prediction of ILV for 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article.

Illuvium (ILV) Market Overview

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What is Illuvium (ILV)?

The open-world fantasy war game Illuvium was created on the Ethereum network. Illuvium, which is sometimes hailed as the first AAA game on Ethereum, aims to satisfy both casual players and die-hard DeFi aficionados with a variety of collecting and trading features.

Illuvials are creatures who live in the realm of Illuvium. Players who defeat them in combat can catch them and heal them. They then become a dedicated component of the player’s collection and may be employed in Illuvium’s auto-battler gameplay to engage in combat with other explorers.

The game combines elements of PVP combat and open-world exploration. Players have the option of exploring the vast game environment or assembling a squad of formidable monsters.

Illuvium has been under development since 2020 and is being created by a global team of more than 40 people, including the co-founders, brothers Kieran Warwick and Aaron Warwick, who are both skilled game designers and early adopters of cryptocurrencies. (And who, by chance, are Kain Warwick’s brothers, the co-founder of the DeFi platform Synthetix.)

The Illuvium ecosystem makes use of the ILV token in a variety of ways. It is the primary currency used to award players for their in-game accomplishments, grants access to the Illuvium Vault, and allows players to take part in the game’s administration through the Illuvium decentralized autonomous organization (DAO).

Each Illuvial is represented by a distinct non-fungible token (NFT), which is available for free trading on third-party exchange platforms and the gas-free IlluviDEX (more on this later). They are available in regular, holographic, and dark holographic varieties, the latter of which is far rare, and they may also be combined into more potent versions.

There will be several income streams in the game, but the majority will come from in-game sales of goods, crafting materials, cosmetics, and shard curing. Through an ILV repurchase scheme, all of this revenue is disbursed as incentives to individuals who stake ILV tokens.

Illuvium, in contrast to the majority of other blockchain-powered games, has a fully 3D world with over 100 distinct Illuvials strewn throughout its many locations. Each Illuvial is created by a group of top-tier designers to appeal to players used to high-end retail games.

In addition, it has a variety of features that set it apart from both other blockchain-enabled games and AAA games. These consist of:

Illuvium is built on Immutable X (IMX), a layer-2 technology intended to enable the growth of applications with NFT capability, even if it is protected by Ethereum. Illuvium guarantees participants may mint and trade their NFTs with no gas fees and nearly instantaneous transaction finality by utilizing Immutable X’s capabilities. While using IMX, players always retain ownership of their assets.

The decentralized exchange (DEX) platform incorporated within Illuvium is fittingly called the IlluviDEX. This may be used to exchange illuvium assets, such as illuvial NFTs, in a trustworthy manner. Each sale is subject to a 5% charge that goes into the rewards pool for ILV stakers.

Yield Farming: The Illuvium yield farming program is given a total of 3 million ILV or 30% of the maximum supply (10 million). These will be awarded over three years to customers who provide liquidity via other partner incentive programs.

The Ethereum blockchain provides Illuvium’s security, and Immutable X supports its network (IMX). A layer-2 solution called IMX makes it possible for apps with NFT capabilities to operate more rapidly. As a result, Illuvium is one of the Ethereum network’s most stable and scalable games.

Analysts’ View on Illuvium (ILV)

A crypto trader on Twitter tweeted that he will enter a long position after breaking out of the descending triangle and his target is $60. 

$ILV/USDT $ILV is in the formation of descending triangle pattern as well as double bottom pattern. If price breaks the downtrend line then buy it for the target of 60$. pic.twitter.com/reeDyAcerj

— 🦧Mr. APE aka GEM Hunter💎 (@deg_ape) January 3, 2023

Another crypto analyst tweeted that he is interested to invest in all metaverse projects and Illuvium is in the top 3 list.

I’ll be heavily investing into metaverse related projects in 2023.

To start it off, I just picked up these 3 $GALA @GoGalaGames $ILV @illuviumio $SAND @TheSandboxGame

All 3 of these are 90% or more down from their ATH’s with extremely solid foundations behind them pic.twitter.com/Xue8OtGEPA

— AxiS.eth (@CryptoKingAxiS) December 27, 2022

Illuvium (ILV) Current Market Status

According to CoinMarketCap, Illuvium (ILV) has been trading at $58.42, with a 24-hour price change of an increase of 0.91%. Moreover, Illuvium’s trading volume was down by 10.86% in the past 24 hours and now sits at $11,411,953. The circulating supply of Illuvium (ILV) is 2,534,862 ILV coins while the total supply is 10,000,000 ILV.

Meanwhile, the most popular cryptocurrency exchanges to buy, sell, and trade Illuvium (ILV) are Binance, Coinbase, KuCoin, Sushiswap, Illuvium, OKX, Gate.io and others.

Illuvium (ILV) Price Analysis 2023

Currently, Illuvium (ILV) has been ranked 183rd place on CoinMarketCap. Will developments and upgrades within the Illuvium (ILV) community lead to a rise in the price of Illuvium (ILV)? We shall see this in this Coin Edition price analysis 2023 article.

Illuvium (ILV) Price Analysis – Keltner Channel

The Keltner channel is a technical indicator introduced by American grain trader, Chester W. Keltner to gauge the volatility of the market. For this purpose, it has three bands; the Upper band, Middle band (EMA), and lower band. 

The upper band is calculated by adding twice the Average True Range (ATR) to the EMA (middle band), while the lower band is calculated by subtracting twice the ATR from the EMA.

The chart above shows a red rectangle that denotes the expansion and contraction of the Keltner channels. When the bands widen it means that there is going to be more volatility. Or in other words, the prices could drastically drop or increase. 

Additionally, when the price of a cryptocurrency continuously touches the upper or lower band and thereafter touches the opposite band, (which is, if a cryptocurrency continuously touches the upper band and finally touches the lower band, then we could determine that the bullish trend has faded. This applies vice versa as well). This behavior could be seen inside the green rectangle. 

Currently, ILV is fluctuating testing the lower band and it broke it on a couple of occasions.  If the Bulls give ILV momentum then we could expect ILV to break the EMA and move to the first half of the Keltner Channel. Additionally, since the Keltner channels are facing downwards, we could expect the prices to decrease further. 

Illuvium (ILV) Price Analysis- Bollinger Bands

The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time). Moreover, the upper band as shown in the chart is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average. 

The Empirical law also known as the three-sigma rule or the 68-95-99.7 rule states that almost all observed data for a normal distribution will fall within three standard deviations. As such for the normal distribution data set, 68% of data will fall within 1 standard deviation of the mean, while 95% of data for the normal distribution will fall within 2 standard deviations of the mean and 99.7% of data will fall within 3 standard deviations of the mean. 

Hence, when this is applied to the price of ILV, we could expect the coin to abide within the Bollinger bands 95% of the time. 

Moreover, the sections highlighted by red rectangles show how the bands expand and contract. When the bands widen, we could expect more volatility, and when the bands contract, it denotes less volatility. Currently, the bands are expanding, hence, ILV could be awaiting a major fluctuation in prices. 

Moreover, ILV has touched the lower Bollinger Band as such we can say that the coin/token is oversold. It means that many are selling the coin and hence the prices have decreased. As such the market could correct the prices and the prices may increase drastically. Scalpers and day traders should be on the lookout to enter the market in the nick of time to make the most of the opportunity. 

Notably, the Bollinger Band behaves very closely with the Keltner channel. For instance, if you were to use both the Bollinger bands and Keltner channel indicators for a cryptocurrency, you would see that almost most of the time both indicators overlap. However, the only difference between with Bollinger band and the Keltner channel is that the Bollinger bands use Standard Deviation while the Keltner channel uses Average True Range for calculating its bands which are the top and bottom limits.

Illuvium (ILV) Price Analysis – Relative Strength Index

The Relative Strength Index is an indicator that is used to find out whether the price of a security is overvalued or undervalued. As per its name, RSI indicators help determine how the security is doing at present, relative to its previous price. 

Moreover, it has a signal line which is a Simple Moving Average (SMA) that acts as a yardstick or reference to the RSI line. Hence, whenever the RSI line is above the SMA it is considered bullish and if it’s below the SMA then it is bearish. When considering the green rectangle section on the left of the chart below we can see that when the RSI line is below the Signal. As such ILV is bearish or losing value but the second green rectangle shows that the RSI is above the signal. Hence, it is bullish.

Additionally, the RSI compares the gains of the securities against the losses it made in the past. This ratio of gains and losses is then deducted from the 100. 

If the answer is less than 30, then we call that the price of the security is in the oversold region. This means that many are selling the security in the market, and as such the security is undervalued.  Moreover, as per the Supply-demand curve theory, the price is supposed to drop when there is an increase in supply. 

If the answer is more than 70 then the security is overbought as many are buying. Since many want to buy the security the demand increases which intuitively increases the prices.

Additionally, the RSI could be used to determine how strong a trend is. For instance, when a cryptocurrency is bullish or reaching higher highs, then the RSI line also should be making higher highs in unison. If not it means that although the cryptocurrency is on a bullish trend it is losing value and hence a trend reversal could be lurking around the corner.

However, the RSI could also give false alarms for breakouts. Although we may expect, the prices to retrace if it goes to the oversold or overbought region, the prices also can stay in the oversold or overbought region for an extended period. As such, traders should be wary of it and let the market saturate before making vital decisions.

Illuvium (ILV) Price Analysis – Moving Averages

The Exponential Moving averages are quite similar to the simple moving averages (SMA). However, the SMA smoothens down all values whereas the Exponential Moving Average gives more weightage to the current prices.  As such, the MA equation has a greater reference to the present prices which is required in the volatile industry of crypto.

Whenever the price of cryptocurrency is above the 50-day or 200-day MA, or above both we may say that the coin is bullish (red highlighted section). Contrastingly, if the token is below the 50-day or 200-day, or below both, then we could call it bearish (the green highlighted triangle).  

When looking at the green highlighted triangle in the above chart, we can see that ILV tested the 50-day MA a couple of times and managed to break it once. Nonetheless, it could not hold on to its gained position as the bears were too strong. Hence, ILV fell below the 50-day MA. Nonetheless, the bulls gave momentum to ILV and it broke above the 50-day MA in early January 2023.

Thereafter, as the bulls were in charge, ILV was able to break above the 200-day MA in quick succession as shown by the red rectangle. However, ILV lost momentum and broke below the 200-day MA and is currently seeking support from the 200-day MA line. If the 200-day MA supports ILV, it might test the 50-day MA and break it. If not ILV will crash.

Illuvium (ILV) Price Prediction 2023

When considering the chart above, we can see that ILV was consolidating after a fall since August 2022. Notably, the consolidation amplitude or range has been constricted in the second red rectangle from the left and thereafter expanded as highlighted by the third red rectangle from the left. These stages of consolidation took place between Resistance 1 at ≈ $ 80 and Support 2 at ≈ $37.5. Currently, ILV is fluctuating in a falling wedge and once out of the wedge, the price could soar high. In the event that ILV is supposed to surge it could test Resistance 1 at ≈ $ 80. Notably, ILV could hit Resistance 1 after rebounding off Support 1. Nonetheless, if the bulls come to ILV’s rescue then it could hit Resistance 1 even before landing on the Support 1 level.  

However, if the bulls are too strong and keep their dominance in the market, then ILV could break Resistance 1 and move and test Resistance 2 at ≈ $98.65. If by any means, ILV is to be taken over by the bears, then it could break Support 1 and take an unprecedented fall.

Month	Minimum Price	Average Price	Maximum Price
May 2023	62.25	65.20	68.66
June 2023	70.15	71.26	72.38
July 2023	74.65	75.66	77.89
August 2023	78.33	79.12	80.91
September 2023	81.26	82.36	84.25
October 2023	85.39	86.97	87.88
November 2023	89.78	90.12	92.35
December 2023	93.58	95.98	98.00

Illuvium (ILV) Price Prediction – Resistance and Support Levels

When considering the above chart, we could see that ILV fluctuated taking the Head and Shoulders pattern. The path from the left shoulder (Resistance 2 to Reistance 5) to the head was almost parabolic and thereafter it formed the head.  After forming the head ILV fell to Resistance 3 again forming the Right Shoulder. We could see that ILV was trying hard to recover as it was falling from Resistance 3 which shows the mirror image of a parabola. We could see ILV test Resistance 2 quite a few times but was rejected. Nonetheless, the bulls did not let the bears have their own way, as they interceded and cushioned the fall. 

Hence, the yellow bars in the chart shows where the bears could have taken possibly taken ILV if not for the intercession of the bulls. Had ILV taken the yellow bars path, then it would have reached far below than where it is present as of now. 

Illuvium (ILV) Price Prediction 2024

Illuvium (ILV) price could hold the support level 1, if ILV rebounds on the 200-day MA then it could reach $120 by the end of 2024.

Month	Minimum Price	Average Price	Maximum Price
January 2024	98.21	99.78	101.26
February 2024	102.33	103.78	104.55
March 2024	105.89	106.58	107.11
April 2024	107.94	108.98	109.51
May 2024	110.23	111.25	112.63
June 2024	113.48	114.52	114.92
July 2024	115.01	115.5	116.01
August 2024	116.218	116.5	116.9
September 2024	117.1	117.48	117.67
October 2024	117.98	118.01	118.05
November 2024	118.20	118.5	118.78
December 2024	118.99	119.21	119.35

Illuvium (ILV) Price Prediction 2025

Illuvium (ILV) prices might grow past $180.7 during the next two years. Furthermore, hitting this level might not be so tough for ILV due to new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, ILV has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2025	122.01	123.56	123.9
February 2025	124.1	125.7	126.1
March 2025	126.4	127.7	128.9
April 2025	131.5	132.6	134.8
May 2025	134.7	137.6	142.4
June 2025	140.2	143.4	146.9
July 2025	146.4	149.1	152.3
August 2025	151.5	155.8	157.0
September 2025	158.2	161.3	163.6
October 2025	162.3	166.2	169.0
November 2025	170.7	172.9	174.5
December 2025	176.6	180.7	184.0

Illuvium (ILV) Price Prediction 2026

ILV, meanwhile, appears to have reached it’s low right now. Since it cannot break the present low zone, our long-term ILV price projection for 2023 is optimistic. If ILV is unable to overcome its present support and bottom, ILV bulls will likely take control of the situation and drive up the price of ILV until it reaches $274.1.

Month	Minimum Price	Average Price	Maximum Price
January 2026	183.2	185.3	187.6
February 2026	191.5	192.8	194.0
March 2026	198.8	200.1	201.3
April 2026	205.9	207.0	209.2
May 2026	212.1	215.0	219.8
June 2026	218.6	221.8	225.3
July 2026	226.8	229.5	232.7
August 2026	233.9	238.2	239.4
September 2026	243.6	246.7	249.0
October 2026	250.7	254.6	257.4
November 2026	262.1	264.3	265.9
December 2026	270.0	274.1	277.4

Illuvium (ILV) Price Prediction 2027

ILV appears to have hit bottom right now, in the meanwhile. Since the price of the ILV cannot break the present low zone, our long-term projection for 2023 is optimistic. We may anticipate ILV bulls to rule the roost and lift the price of ILV to hit $401.8 if it is unable to break through its existing support and bottom.

Month	Minimum Price	Average Price	Maximum Price
January 2027	282.2	284.3	286.6
February 2027	292.5	293.8	295.0
March 2027	303.4	304.7	306.0
April 2027	315.5	316.6	318.8
May 2027	321.7	324.6	329.4
June 2027	332.2	335.4	338.9
July 2027	344.4	347.1	350.4
August 2027	351.5	355.8	357.0
September 2027	363.3	366.4	368.6
October 2027	374.3	378.2	381.0
November 2027	388.7	391.0	392.5
December 2027	397.6	401.8	405.0

Illuvium (ILV) Price Prediction 2028

Illuvium (ILV) prices might grow past $558.4 during the next six years. Furthermore, hitting this level might not be so tough for ILV due to the new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered.

Month	Minimum Price	Average Price	Maximum Price
January 2028	418.8	420.9	423.2
February 2028	432.1	433.4	434.6
March 2028	445.0	446.3	447.6
April 2028	459.1	460.2	462.4
May 2028	470.3	473.2	478.0
June 2028	481.8	485.0	488.5
July 2028	494.0	496.7	500.0
August 2028	505.1	509.4	510.6
September 2028	516.9	520.0	522.2
October 2028	527.9	531.8	534.6
November 2028	542.3	544.6	546.1
December 2028	554.2	558.4	561.6

Illuvium (ILV) Price Prediction 2029

Illuvium (ILV) prices might grow past $815.7 during the next seven years. Furthermore, hitting this level might not be so tough for ILV due to a new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered.

Month	Minimum Price	Average Price	Maximum Price
January 2029	568.1	570.2	572.5
February 2029	588.4	589.7	591.0
March 2029	607.3	608.7	609.9
April 2029	627.4	628.6	630.8
May 2029	647.6	650.5	655.4
June 2029	671.1	674.4	677.9
July 2029	697.4	700.1	703.3
August 2029	716.4	720.8	722.0
September 2029	739.2	742.3	744.5
October 2029	760.2	764.2	767.0
November 2029	784.7	786.9	788.4
December 2029	811.6	815.7	818.9

Illuvium (ILV) Price Prediction 2030

Illuvium (ILV) prices might grow past $1123.5 during the next eight years. Furthermore, hitting this level might not be so tough for ILV due to a new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered.

Month	Minimum Price	Average Price	Maximum Price
January 2030	835.9	838.0	840.3
February 2030	860.2	861.5	862.7
March 2030	886.1	887.4	888.7
April 2030	909.2	910.3	912.5
May 2030	932.4	935.3	940.1
June 2030	955.9	959.1	962.6
July 2030	982.1	984.8	988.1
August 2030	1006.2	1010.5	1011.7
September 2030	1034.0	1037.1	1039.3
October 2030	1062.0	1065.9	1068.7
November 2030	1088.4	1090.7	1092.2
December 2030	1119.3	1123.5	1126.7

Illuvium (ILV) Price Prediction 2040

According to our long-term ILV price estimate, ILV prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $2808 by 2040. If the market turns bullish, the price of ILV could go up beyond what we predicted for 2040.

Minimum Price	Average Price	Maximum Price
$2000	$2808	$3100

Illuvium (ILV) Price Prediction 2050

According to our ILV forecast, the average price of ILV in 2050 might be above $6741. If more investors are drawn to ILV between these years, the price of ILV in 2050 could be far higher than our projection.

Minimum Price	Average Price	Maximum Price
$5300	$6741	$7000

Conclusion

As said above, Illuvium (ILV) might reach above $100 in 2023 and $1123 by 2030 if investors have decided that ILV is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

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.