Pixels (PIXEL) Price Prediction 2024-2030: Will PIXEL Price Hit $2 Soon?

• Bullish Pixels (PIXEL) price prediction ranges from $0.8 to $2.
• Analysis suggests that the PIXEL price might reach above $2.
• The PIXEL bearish market price prediction for 2024 is $0.54.

Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies, Pixels (PIXEL) is one of them.

If you are interested in the future of PIXEL and want to know its predicted value for 2024, 2025, and 2030, keep reading!

What Is Pixels (PIXEL)?

Pixels is a free-to-play farming MMO with a play-to-earn (P2E) model. The gameplay is based on resource management, strategic exploration, and community building. Pixels was built on three core pillars as follows: Fun is our priority, Interoperability is the future, Build to decentralize control, but do it slowly, stated the organization

$PIXEL is an in-game utility token. It allows players to enhance their gameplay experience in various ways:

• Purchase VIP memberships
• Create and join guilds
• Mint a Pixels Pet
• Upgrade lands

Players can choose to make their homes on three varieties of plots. However, each plot comes with its preconceived perks and limitations.

Free Plots 

Also known as Specks, the most basic type, allows the player to engage in basic farming activities. However, Free Plots do not offer much functionality and provide far less yield than other types.

Rented Plots

Rented Plots gives the players more freedom, better yield, and space for decorative purposes. Nonetheless, the only downside is that the player has to rent them out, thus forfeiting a large portion of their winnings by using this plot type.

Owned Plots

Owned plots provide players with additional space, functionality, and the highest income/yield among all plot types. There are two variants of Owned Plots, each offering its own level of benefits: Small Owned NFT and Large Owned NFT. 

Land Owners enjoy unique advantages associated with their ownership of the land that are not available in other land interactions. All Industries are accessible to Owned Land, with some exclusive to this category. Land Owners enhance the value of their NFTs by actively engaging in tasks such as working on, industrializing, automating, and decorating their plots.

The array of interactions available to Land Owners in Pixels is vast. They can oversee their land resources, profit from the production of their land by Sharecroppers, and also act as Sharecroppers on other Owned Lands. While active Industries are constrained by available land size, they have unlimited potential overall. Owners have the flexibility to mothball Industries at any time and introduce new ones, provided their land size permits.

Pixels (PIXEL) Current Market Status

Pixels (PIXEL) has a circulating supply of 771,041,667 PIXEL, while its maximum supply is 5,000,000,000 PIXEL, according to CoinMarketCap. At the time of writing, PIXEL is trading at $0.6014 representing a 24-hour increase of 18.53%. The trading volume of PIXEL in the past 24 hours is $1,427,543,615. 

Some top cryptocurrency exchanges for trading  PIXEL are Binance, BingX, Bitget, Bitrue, and LBank.

Now that you know PIXEL and its current market status, we shall discuss the price analysis of PIXEL for 2024.

Pixels (PIXEL) Price Analysis 2024

By market capitalization, PIXEL ranks 134 on CoinMarketCap’s list of the biggest cryptocurrencies. Will Pixels’s most recent improvements, additions, and modifications help the PIXEL price rise? First, let’s focus on the charts in this article’s PIXEL price forecast.

Pixels (PIXEL) 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 the bands widen, it shows there’s going to be more volatility and when they contract, there is less volatility. 

Think of the Bollinger bands like the curbs on the road. Whenever a vehicle strays close to the curb it is a normal practice by the driver to steer it in the opposite direction. The same is true for crypto. 

When Bollinger bands are 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. The red rectangles in the chart show two occasions where the bands widen and contract. The green rectangle shows a case where PIXEL continuously touched the upper band (overbought). 

The above chart shows that the bands are currently contracting. PIXEL is trying to break out of the upper band. This shows that there is buying pressure heaping up on PIXEL. The Bollinger bandwidth percentile shows a value of 24% and the line seems to be going up. If the line keeps its ongoing path, there is a high chance that there could be increased volatility and PIXEL could surge drastically. 

Since these are the early days for PIXEL, when more and more traders get to know about the token, they might have a shot at it. Hence, there could be an increase in price and volatility in the future. 

Pixels (PIXEL) Price Analysis – Relative Strength Index

The Relative Strength Index is an indicator used to determine whether a security’s price is overvalued or undervalued. As per its name, RSI indicators help determine how the security is doing at present, relative to its previous price. For this purpose, the RSI takes the gains into account. 

The RSI value fluctuates between 0-100. When the RSI value reaches above 70 or falls below 30, PIXEL is considered overbought and oversold respectively. However,  when the price is above (<30) but less than (<70), then the trend is neutral.

Currently, the RSI reads a value of 39 and it seems to be heading towards the oversold region. Moreover, the Signal line which is an average of the RSI is set to understand how the RSI is doing relative to it. Since the RSI is below the signal line, PIXEL is underperforming or below par. 

The above chart shows a hidden bullish divergence for PIXEL. When pixels was making higher highs, the RSI was making lower highs. This shows that this trend of pixels making new higher highs might continue for some time. 

Note that this divergence could change as the time in the chart is altered, hence, traders may need to select the appropriate time frame. 

Not only technically but also from a psychological point of view, there is a high chance for the above-mentioned scenario to happen. This could be because the token is new and more traders might be interested in investing in this token as the days go by. 

Pixels (PIXEL) Price Analysis – Moving Average Convergence and Divergence (MACD) 

The Moving Average Convergence and Divergence indicators use two exponential moving averages (EMA) to find how the cryptocurrency is doing. Usually, the longer EMA is the 26-day EMA, and the shorter is the 12-day EMA. The MACD is found by reducing the 12-day EMA from the 26-day EMA. If the MACD is positive, that means the crypto is performing well, but if it’s negative, then it is losing value.

The exponential moving average is simply an average but it gives more weightage to the present prices while the average distributes the value equally among its divisor (days).  

Currently, the MACD is in the negative zone reading a value of -0.0009 and it is heading further into the deep negative zone. It has also fallen below the signal line which shows it is quite bearish. 

However, since it’s the 1-min chart there could be more distortions in price, hence, traders may need to also check the wider timeframes.

On the 5 min chart, the MACD reads a value of -0.0029 and the MACD is below the signal line. Although in this instance where the timeframe was changed from 1-Min to 5-Min the MACD didn’t vary, there is a high chance that the MACD could vary when there is a significant variation in timeframes.  

Pixels (PIXEL) Price Prediction 2024

The above chart shows that PIXEL trading inside a symmetrical triangle pattern. As the pattern is not still fully formed there is a high chance for Pixels to rebound between the trend lines as it forms the vertex of the triangle. Once the triangle pattern is completed, PIXEL will break out. 

As per the best practice of trading a symmetrical triangle, a breakout from here should produce a spike that is equivalent to the height of the triangle during the initial stages of formation. Based on this principle, PIXEL could reach at least $0.8. Nonetheless, this is just a figure to go by the books. Since the token is new, it might trigger the traders to buy and as the token gets popular it might increase in value. We could expect PIXEL to trade at around $2 by the end of 2024.

Pixels (PIXEL) Price Prediction 2025

We should expect the price of PIXEL to trade above its 2024 price due to the possibility of most cryptocurrencies breaking more psychological resistance levels due to Bitcoin halving over the previous year. Hence, PIXEL could end 2025 by trading at around $4.35.

Pixels (PIXEL) Price Prediction 2026

The bearish market that follows a solid bullish run impacts PIXEL’s previous price due to the entrance of more institutional investors to its platform. With this, the cost of PIXEL could break the usual trend and trade at $2.75 by the end of 2026.

Pixels (PIXEL) Price Prediction 2027

Investors expect a bullish outlook for 2028, due to Bitcoin halving. Hence, the price of PIXEL could consolidate on the previous gains and even break more psychological resistance levels due to investors’ positive sentiment. Therefore, PIXEL could trade at $3.8 by the end of 2027.

Pixels (PIXEL) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding a year of Bitcoin halving. It is, therefore, possible that the market could attain higher high values. Pixels (PIXEL) could hit $4.89 by the end of 2028.

Pixels (PIXEL) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could propel the price of PIXEL to $6.5 by the end of 2029.

Pixels (PIXEL) Price Prediction 2030

The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of Pixels (PIXEL) to trade at around $5.8 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Pixels (PIXEL) Price Prediction 2040

According to BTC halving intervals, this would be another BTC halving year. PIXEL prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $10 by 2040. If the market turns bullish, the price of PIXEL could go up beyond what we predicted for 2040.

Pixels (PIXEL) Price Prediction 2050

2050 would be 2 years after the BTC halving in 2048. According to our forecast, the average price of PIXELin 2050 might be above $14. If more investors are drawn to PIXEL between these years, the price of PIXEL in 2050 could be far higher than our projection.

Conclusion

If investors continue to show interest in PIXEL and add these tokens to their portfolio, then, it could continue to rise up. PIXEL’s bullish price prediction shows that it could reach the $2 level. 

FAQs

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.