ORBS Price Prediction 2023-2030: Will ORBS Price Hit $1 Soon?

• Bullish ORBS’s price prediction ranges from $0.1102 to $0.1198.
• Analysis suggests that the ORBS price might reach $0.4 soon.
• ORBS’s bearish market price prediction for 2023 is $0.00663.

Decentralization and public blockchain have garnered the attention of the community as many users try to escape from the strict centralized authorities’ control. Orb is one such product that defines itself as an “open, decentralized and public blockchain infrastructure” and secures itself using the Proof-of-Stake (PoS) consensus. The ORBS token plays a key factor in the network’s operations. 

If you are interested in the future of Orbs and would want to know the price analysis and price prediction for 2023, 2024, 2025, 2026, and up to 2050, keep reading this Coin Edition article.

ORBS Market Overview

What is ORBS?

As explained earlier, ORBS is an open, decentralized, and public blockchain executed by a secure network of permissionless validators using Proof-of-Stake (PoS) consensus. As a self-claimed decentralized network, Orbs consensus protocol allows anyone to participate. The committee of validator nodes, often called as Guardian, are elected using the PoS. This network’s PoS algorithm is implemented as EVM smart contracts running on the Ethereum mainnet. 

Orbs runs over the existing Layer-1 and Layer-2 blockchains, making it a Layer-3 protocol. These Orbs cater to apps running on existing L1s like Ethereum and TON and allow them to enhance the capabilities of their existing smart contracts. 

Meanwhile, Orbs offers a decentralized severless cloud function called the Orbs Lamda. The Orbs Lamda is an event-driven, serverless, and decentralized cloud function. The Cloud function which is implemented in a few lines of code is deployed to the Orbs Network and then executed by the network validator.  

The ORBS token calculates the commissions for executed applications and provides an incentive system. The ORBS token also serves as the only means of payment on the Orbs platform.

ORBS Current Market Status

With 3,167,720,359 ORBS in circulation, ORBS trades at $0.0561 at the time of writing. ORBS has a 24-hour trading volume of $854,024,482, after experiencing a price surge of 122.56% spike, according to CoinMarketCap. During the previous 24 hours. the price of ORBS has increased by 11.52%.

At the moment, the most popular crypto exchanges to trade ORBS are Binance.US, Gate.io, Kucoin, Bitget, OKX, and Uniswap. Let’s continue with our ORBS price research for 2023.

ORBS Price Analysis 2023

Currently, ORBS ranks 146 on CoinMarketCap. Will the ORBS blockchain’s most recent improvements, additions, and modifications help the price of cryptocurrencies rise? Now, let’s focus on the charts in this article’s ORBS price forecast first.

ORBS Price Analysis – Bollinger Bands

The Bollinger Bands is a technical analysis tool that is used to analyze price movement and volatility. Bollinger Bands (BB) utilizes the time period and the stand deviation of the price. Normally, the default value of BB’s period is set at 20. The upper band of the BB is calculated by adding 2 times the standard deviations to the Simple Moving Average (SMA), while the lower band is calculated by subtracting 2 times the standard deviation from the SMA. Based on the empirical law of standard deviation, 95% of the data sets will fall within the two standard deviations of the mean.

The sudden spike ORBS experienced made the candlestick break way above the upper band of the Bollinger Bands. Moreover, the candlesticks could also face a retracement soon, which was a common occurrence observed earlier. Earlier, when the candlesticks experienced a similar spike in the future, the candlestick also faced a similar fall the very next day. Observing the indicator, traders could expect a similar to happen for ORBS soon.

ORBS Price Analysis – Relative Strength Index (RSI)

The Relative Strength Index (RSI) is a momentum indicator utilized to find out the current trend of the price movement and determine if it is in the oversold or overbought region. Traders often use this tool to make decisions about when to buy or sell the tokens. When the RSI is often valued below or at 30, it is considered an oversold region, and a price correction could happen soon. Moreover, when the RSI is valued above or at 70, it is considered as the overbought region, and traders expect the price could fall soon.

Similar to the Bollinger bands, the RSI also reported that ORBS’s recent activity was completely overbought. The RSI shot up to the overbought region almost touching the 90 level. However, it seems that the price may soon face a retracement as the RSI has begun falling and may soon make a bearish crossover. 

ORBS Price Analysis – Moving Average Convergence Divergence (MACD)

The Moving Average Convergence Divergence (MACD) indicator can be used to identify potential price trends, momentums, and reversals in markets. MACD will make the reading of a moving average cross easier. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Moving Average) indicator from the short-term EMA. Normally, the default values for the MACD are set at 12-day EMA, 26-day EMA, and 9-day EMA. Moreover, MACD is considered a lagging indicator as it cannot provide trade signals without any past price data. MACD plays an important role as it can confirm the trends and identify potential reversals.

The MACD also confirmed that ORBS was witnessing a bull trend as the MACD line made a bullish crossover with the signal line and continued to move up. While the previous indicators highlighted upcoming retracement in the future, the MACD still shows that the green bars are continuing to rise up, an indication that the uptrend may still exist in the short time period.

ORBS Price Prediction 2023 – 2030 Overview

ORBS Price Prediction 2023

It seems that ORBS’s recent instant spike was not its first time. In fact, the candlesticks observed a massive surge earlier as well. At that moment, after a massive surge, the candlestick immediately retraced and fell back to its previous position. However, the fall did not stop. The candlesticks continued to fall below the first support line at $0.2558 and almost touched their critical support at $0.01910. With a similar action observed recently, traders may speculate that the altcoin go through those steps once again. 

Meanwhile, the price prediction of ORBS for 2023 remains to be bullish and is expected to reach beyond the level of $0.6658. The bearish price prediction range for ORBS is between $0.0174 to $0.0054. ORBS’s price could also reach $0.4 if it experiences an extremely bullish sentiment.

ORBS Price Prediction 2023 – Resistance and Support Levels

Over the long-term period, the candlesticks still have a long way to go before breaking beyond its bullish sentiment. If ORBS is able to maintain its bullish sentiment or if such massive spikes happen more often, the altcoin would break beyond the 0.236 level of the Fib retracement. A continuous uptrend could further drive ORBS beyond the levels of the 0.382 and 0.5 levels. Ultimately, ORBS has the potential to reach new heights with the passing of time.

ORBS Price Prediction 2024

Traders are looking forward to this year as it could be a historic moment for cryptocurrencies, as the Bitcoin halving is expected to happen in 2024. Most of the time, whenever BTC rises, traders have observed a similar surge in the altcoins. ORBS could also be affected by Bitcoin halving and could trade beyond the price of $0.8582 by the end of 2024.

ORBS Price Prediction 2025

ORBS could 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, ORBS will continue to rise in 2025 forming new resistance levels. It is expected that ORBS will trade beyond the $1.2308 level.

ORBS 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, ORBS could tumble into its support region of $1.1124. Moreover, when ORBS remains in the oversold region, there could be a price correction soon. ORBS, by the end of 2026, could be trading beyond the $1.980 resistance level after experiencing the price correction.

ORBS Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. ORBS is expected to rise after its slumber in the bear season. Moreover, ORBS could even break more resistance levels as it continues to recover from the bearish run. Therefore, ORBS is expected to trade at $2.1009 by the end of 2027.

ORBS Price Prediction 2028

Once again, the crypto community is looking forward to this year as there will be a Bitcoin halving. Alike many altcoins, ORBS will continue to form new higher highs and is expected to move in an upward trajectory. Hence, ORBS would be trading at $2.5741 after experiencing a massive surge by the end of 2028. 

ORBS 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 will gradually become stable by this year. In tandem with the stable market sentiment and the slight price surge expected after the aftermath, ORBS could be trading at $2.7103 by the end of 2029.

ORBS Price Prediction 2030

After witnessing a bullish run in the market, ORBS and many altcoins would show signs of consolidation and might trade sideways for some time while experiencing minor spikes. Therefore, by the end of 2030, ORBS could be trading at $2.5282. 

ORBS Price Prediction 2040

The long-term forecast for ORBS 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, ORBS may face a slight fall before starting its upward journey once again. It is expected that the average price of ORBS could reach $14.848 by 2040.

ORBS 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, ORBS could surpass the resistance level of $29.072.  

Conclusion

ORBS has been part of the watch-out list for many investors as it aims to make its mark in the blockchain industry. If investors continue to show interest in ORBS and add these tokens to their portfolio, then, it could continue to rise up. ORBS’s bullish price prediction shows that it could pass beyond the $0.6658 level. Moreover, ORBS could surpass the $23.22 level by the end of 2050. 

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.