- Bullish Open Campus (EDU) price prediction ranges from $1.199 to $1.6932
- Analysis suggests that the EDU price might reach above $1.7
- The EDU bearish market price prediction for 2023 is $1.1789
Table of contents
- What is Open Campus (EDU)?
- Open Campus (EDU) Market Overview
- Analyst’s View on Open Campus
- EDU Current Market Status
- Open Campus (EDU) Price Analysis 2023
- Open Campus (EDU) Price Prediction 2023-2030 Overview
- Open Campus (EDU) Price Prediction 2023
- Open Campus (EDU) Price Prediction 2024
- Open Campus (EDU) Price Prediction 2025
- Open Campus (EDU) Price Prediction 2026
- Open Campus (EDU) Price Prediction 2027
- Open Campus (EDU) Price Prediction 2028
- Open Campus (EDU) Price Prediction 2029
- Open Campus (EDU) Price Prediction 2030
- Open Campus (EDU) Price Prediction 2040
- Open Campus (EDU) Price Prediction 2050
What is Open Campus (EDU)?
The Open Campus Protocol is a decentralized solution for educators, content creators, parents, students, and co-publishers designed to address the significant educational challenges today.
For instance, the service of educators who endeavor to shape the future is often undervalued and underpaid despite their valiant efforts to groom a better generation. Additionally, parents frequently lack control over their children’s educational content.
At its core, the Open Campus Protocol is a community-driven initiative that harnesses the power of blockchain technology to create a fairer education system. By decentralizing the creation and distribution of educational content, the Open Campus Protocol empowers students to access more diverse educational content while providing educators with new opportunities to earn revenue and gain recognition for their contributions. The ultimate goal of the Open Campus Protocol is to revolutionize the US$5 trillion Education industry by returning control to educators and learners.
Furthermore, the Open Campus Protocol aspires to forge a vibrant, collaborative ecosystem that unites educators, learners, publishers, and co-publishers, drawing upon its distinguished launch partners’ education and web3 expertise.
With a vision of fostering synergy among these dynamic community members, the Open Campus Protocol empowers them to create, develop, and share valuable educational content that not only addresses learners’ diverse needs but also fuels the sustained growth and evolution of the ecosystem.
In this thriving environment, innovation, creativity, and knowledge-sharing are celebrated and nurtured, fostering a brighter future for education.
The $EDU token is a BEP-20 token on the BNB Chain with a total fixed supply of 1,000,000,000 tokens. These tokens could be used as payment to reward content creators and co-publishers for their revenue share. Furthermore, it could be used for minting educational content as an NFT. It could also be used as payment to access partner educational platforms of Open Campus. Moreover, those holding these tokens win voting rights within EDU governance.
Not being limited to the preceding utilities, the Open Campus ecosystem expects to expand the utility of the token in the future. As such, the tokens could be used for buying and selling on the Open Campus Protocol marketplace (for example, co-publishers buying Publisher NFTs).
It could also be used for issuing grants and scholarships via Smart Donations. It could be used for a decentralized peer-review system.
Open Campus (EDU) Market Overview
|🪙 Name||Open Campus|
|📊 Price Change (1h)||-0.71803 %|
|📊 Price Change (24h)||-6.70904 %|
|📊 Price Change (7d)||1.57015 %|
|💵 Market Cap||$189004154|
|📈 All Time High||$1.67|
|📉 All Time Low||$0.937144|
|💸 Circulating Supply||166197916.67 edu|
|💰 Total Supply||1000000000 edu|
Analyst’s View on Open Campus
Chairman of Animoca Brands, a Hong Kong-based game software company, Yat Siu tweeted that Open Campus started the story of decentralizing education a decade ago. He cited the inception of the Tiny Tap platform in 2012, an educational platform for toddlers and preschoolers, as the grassroots of Open Campus which deliver more equity to teachers and creators starting
EDU Current Market Status
The maximum supply of Open Campus (EDU) is 1,000,000,000 EDU coins, while its circulating supply is 145,000,000 EDU coins, according to CoinMarketCap. At the time of writing, EDU is trading at $1.22 representing 24 hours decrease of 13.39%. The trading volume of EDU in the past 24 hours is $201,182,500 which represents a 48.64% decrease.
Some top cryptocurrency exchanges for trading Open Campus (EDU) are Binance, Gate.io, Bitget, Phemex, PancakeSwap V3, etc.
Now that you know EDU and its current market status, we shall discuss the price analysis of Open Campus(EDU) for 2023.
Open Campus (EDU) Price Analysis 2023
Will the EDU’s blockchain’s most recent improvements, additions, and modifications help its price rise? Moreover, will the changes in the payment and crypto industry affect EDU’s sentiment over time? Read more to find out about EDU’s 2023 price analysis.
Open Campus (EDU) 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).
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.
When this setup is used in a cryptocurrency chart, we could expect the price of the cryptocurrency to reside within the upper and lower bounds of the Bollinger bands 95% of the time.
The above thesis is derived from an Empirical law also known as the three-sigma rule or the 68-95-99.7 which states that almost all observed data for a normal distribution (normal scattering of data) will fall within three standard deviations.
As such, for a data set that follows a normal distribution, 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, as the Bollinger bands are calculated using two standard deviations, we could expect EDU to abide within the Bollinger bands 95% of the time. (i.e. whenever the cryptocurrency touched the upper band, the chances of it coming down are 95%.). This concept applies vice-versa as well.
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. As the bands are widening currently, we could see a drastic change in prices.
It’s more likely that the EDU may move up as it is still in the phase of retracing after touching the lower band (oversold). However, that does not necessarily remove the probability of EDU touching the lower band once again from the equation.
As such, traders should be vigilant about entering the market using the Bollinger bands. If by any chance EDU tests the lower band once again, it may present an excellent entry point.
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.
Open Campus (EDU) 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 first green rectangle from the left of the chart below we can see that the RSI line (purple) is above the Signal line (yellow). As such, EDU is bullish or gaining value. Therefore it is reaching higher highs as shown in the chart.
The second green rectangle shows that the RSI is below the signal. Hence, EDU is bearish as it is making lower lows.
Currently, the RSI of EDU is at 22.28 and is below the Signal line. As EDU is in the oversold region, we could expect the prices to retrace and rise. However, there is also a possibility that EDU could reside in the oversold region for an extended period of time.
To deduce whether a cryptocurrency is bearish or bullish, the RSI compares the gains of the securities against the losses it made in the past. This ratio of gains against the losses is then deducted from the 100.
If the answer is equal to or 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 equal to or greater 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.
For instance, if the RSI is making lower highs when the cryptocurrency is making higher highs, then we may say that although the token/coin is on a bullish trend it is losing value. As such, there could be a trend reversal in the future.
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.
Open Campus (EDU) Price Analysis – Moving Average
The Exponential Moving averages are quite similar to the simple moving averages (SMA). However, the SMA equally distributes down all values whereas the Exponential Moving Average gives more weightage to the current prices. Since SMA undermines the weightage of the present price, the EMA is used in price movements.
The 200-day MA is considered to be the long-term moving average while the 50-day MA is considered the short-term moving average in trading. However, the short-term and long-term moving averages can be altered based on a trader’s precision. Just as 26-day MA is used as long term and 12-day MA is used as short term in this context.
Based on how these two lines behave, the strength of the cryptocurrency or the trend can be determined on average.
In particular, when the short-term moving average (12-day MA) approaches the long-term moving average (26-day MA) from below and crosses it, we call it a Golden Cross.
Contrastingly, when the short-term moving average crosses the long-term moving average from above then, a death cross occurs.
Usually, when a Golden Cross occurs, the prices of the cryptocurrency will shoot up drastically, but when there’s a Death Cross, the prices will crash.
Whenever the price of cryptocurrency is above the short-term MA (12-day MA), or above both we may say that the coin is bullish (Green rectangle). Contrastingly, if the token is below the short-term or long-term MA, or below both, then we could call it bearish (Green triangle section).
As highlighted by the circle we can that EDU went through a Golden Cross that produced a little spike and helped EDU trade above both moving averages for a brief period of time. However, later on, the bears got hold of EDU and dragged it below both Moving Averages.
This fall was further worsened by the death cross that made EDU tank even further in price. Currently, EDU is consolidating and the buyers and sellers are fighting tooth and nail. Finally, it seems like the buyers have gained some momentum, however, it would be better to let the market saturate before taking any vital decisions.
Open Campus (EDU) Price Analysis – Rate of Change (ROC)
The Rate of Change Indicator is a momentum oscillator, that measures the change of the current price against the past price a few number of periods ago, in percentage. As long as the price is rising ROC will be positive. But, the ROC indicator will reach the negative zone when the prices reduce. Increasing values in either direction, positive or negative, indicate increasing momentum and moving back toward zero indicates diminishing momentum.
Moreover, the equation for ROC is as follows: ROC = [(Today’s Closing Price – Closing Price n periods ago) / Closing Price n periods ago] x 100.
Unlike the RSI, ROC has no set overbought or oversold regions, it rather depends on a trader’s discretion. Traders often tend to find the areas in the positive and negative zones where the trend changes have happened in regularity. Based on this they could mark their bounds for overbought and oversold regions.
ROC could also be used as a divergence indicator that signals a possible upcoming trend change. Divergence occurs when the price of a stock or asset moves in one direction while its ROC moves in the opposite direction.
For example, if a stock’s price is rising over a period of time and registering higher highs while the ROC is progressively moving lower, or making lower highs, then the ROC is indicating bearish divergence from price, which signals a possible trend change to the downside. The same concept applies if the price is moving down and ROC is moving higher.
Additionally, the zero line crossover could be used to signal trend changes. However, depending on the number used for n (periods) in the equation the signals may come in early or late.
When considering the chart we could see that EDU was making lower highs and lower lows in unison with the ROC. Hence, there seems to be no divergence.
Moreover, Open Campus’s extreme overbought regions are marked as overbought regions 1 at 9.28 and 2 at 15.05, and overbought region 3 at 26.38. EDU’s trend reversed once at overbought region 2 and 3 while at overbought region 1 the trend reversed 2 times.
Similarly, the trend changed twice when EDU reached oversold region 2 at -17.56 and once at oversold region 1 at -4.51.
Currently, after residing in the negative zone EDU has embarked in the positive area with a value of 0.94. We could expect the ROC value to increase until its overbought region 1 at 9.28. Since the overbought region 1 is a strong, the bulls may need an excessive force to demolish this barrier and move higher.
Open Campus (EDU) Price Prediction 2023-2030 Overview
|Year||Minimum Price||Average Price||Maximum Price|
Open Campus (EDU) Price Prediction 2023
When looking at the chart above, we could see that EDU which was trading in a bullish has broken out of it. However, EDU didnt behave in as a security would behave once it moves out of the bullish pennant. This is because, the natural direction of EDU after breaking the pennant would be in the upward direction. Nonetheless, EDU has broken out and started descending.
The Support 1 at $1.260 wasnt able to stop EDU’s fall as the bears were too strong. As such EDU has found a new Support at (Support 2) $1.199 below Support 1. If EDU is to fall from here there seems to be no Support, except EDU finds a new support to gather momentum.
On the flipside, if EDU has the potential to reach Reistance 1 at $1.5 and if the bulls are strong enough to break Resistance 1 then EDU may reach Resistance 2 at $ 1.69. Nonetheless, if EDU’s rise is obstructed by Resistance 1 then it may seek support at $1.379.
Open Campus (EDU) Price Prediction – Resistance and Support Levels
The chart above shows that Open Campus formed head and shoulders pattern as shown in the chart. The head and shoulders pattern at the left of the charts is widely spread across the Resistance 1 to Resistance 4. Moreover, its shoulders are equal as its right shoulder at Resistance 3 is higher than the left shoulder (between Resistance 2 and 3).
Interestingly, we can see EDU forming miniature version of head shoulders which are quite congested. Both the patterns heads are placed nead the Resistance 2, this shows that Resistance 2 seems a little too tought to break.
However, currently after crashing below Resistance 1 there seems to be a period of consolidation. When you closely look flucutaiong after completing the right shoulder of the first head and shoulder pattern, youcould see a brief period of consolidation.
EDU may be forming that period of consolidation that could be seen between the first head and shoulders pattern and second head and shoulders pattern. This inevitably makes us think whether there will be another head and shoulders pattern formed in the future. Traders should watch out for this and make an entry at the right time.
Open Campus (EDU) Price Prediction 2024
There will be Bitcoin halving in 2024, and hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect EDU to trade at a price not below $1.8495 by the end of 2024.
Open Campus (EDU) Price Prediction 2025
EDU may still experience the after-effects of the Bitcoin halving and is expected to trade above its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, EDU will continue to rise in 2025 forming new resistance levels. It is expected that EDU would trade beyond the $2.0399 level.
Open Campus (EDU) Price Prediction 2026
It is expected that after a long period of bull run, the bears would come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, EDU could tumble into its support regions. During this period of price correction, EDU could lose momentum and be a little below its 2025 price. As such it could be trading at $1.5375 by 2026.
Open Campus (EDU) Price Prediction 2027
Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. As such we could expect EDU to trade at around $1.7369 by the end of 2027.
Open Campus (EDU) Price Prediction 2028
As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, EDU will continue to form new higher highs and is expected to move in an upward trajectory. Hence, EDU would be trading at $1.9532 after experiencing a massive surge by the end of 2028.
Open Campus (EDU) Price Prediction 2029
2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market would gradually become stable by this year. In tandem with the stable market sentiment and the slight price surge expected after the aftermath, EDU could be trading at $2.8015 by the end of 2029.
Open Campus (EDU) Price Prediction 2030
After witnessing a bullish run in the market, EDU and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, EDU could be trading at $2.4058.
Open Campus (EDU) Price Prediction 2040
The long-term forecast for EDU indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point.
However, EDU may face a slight fall before starting its upward journey once again. It is expected that the average price of EDU could reach $3.7214 by 2040.
Open Campus (EDU) Price Prediction 2050
The community believes that there will be widespread adoption of cryptocurrencies, which could maintain gradual bullish gains. By the end of 2050, if the bullish momentum is maintained, DOT could surpass the resistance level of $5.1201
As said above, the price of EDU may even reach above $1.79 if investors have decided that the cryptocurrency is a good investment, along with mainstream cryptocurrencies.
The Open Campus Protocol is a decentralized solution for educators, content creators, parents, students, and co-publishers designed to address the significant educational challenges today
EDU tokens can be traded on many exchanges like other digital assets in the crypto world. Binance,Gate.io, Pancakeswap V2, Bitget are currently the most popular cryptocurrency exchanges for trading EDU.
EDU has a possibility of surpassing its present all-time high (ATH) price of $1.684 in April 2023. However, due to the positive sentiments of its investors, this could be reached within a short frame of time..
EDU is one of the few cryptocurrencies that has retained its bullish momentum in the past seven days. If this momentum is maintained, EDU might reach $1.7 soon after its breaks the Resistance 1 level.
EDU has been one of the most suitable investments in the crypto space. It has been rising exponentially, hence, traders may be allured to invest in EDU.
EDU has a present all-time low price of $1.002.
The maximum supply of EDU 1,000,000,000 EDU coins.
EDU was launched in 2023.
EDU can be stored in a cold wallet, hot wallet, or exchange wallet.
EDU is expected to reach $1.8495 by 2024.
EDU is expected to reach $2.0399 by 2025.
EDU is expected to reach $1.5375 by 2026.
EDU is expected to reach $1.7369 by 2027.
EDU is expected to reach $1.9532 by 2028.
EDU is expected to reach $2.8015 by 2029.
EDU is expected to reach $2.4058 by 2030.
EDU is expected to reach $3.7214 by 2040.
EDU is expected to reach $5.1201 by 2050.
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.