- Bullish EVMOS price prediction for 2022 is $2.4665 to $3.2904.
- The EVMOS price will also reach $6 soon.
- Bearish EVMOS price prediction for 2022 is $1.7601.
In Evmos (EVMOS) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about EVMOS to analyze the future movement of the cryptocurrency.
Evmos (EVMOS) Current Market Status
According to CoinGecko, the price of Evmos (EVMOS) is $2.83 with a 24-hour trading volume of $3,719,379 at the time of writing. However, EVMOS has increased to 24.2% in the last 24 hours.
Moreover, Evmos (EVMOS) has a circulating supply of 203,292,561 EVMOS. Currently, EVMOS trades in cryptocurrency exchanges such as Bitget, Digifinex, Diffusion Finance, and EvmoSwap.
What is Evmos (EVMOS)?
Evmos (EVMOS) is the native cryptocurrency of the Evmos blockchain. Evmos is an EVM-compatible inter-blockchain communication (IBC) protocol that is built on Cosmos SDK. It is a layer-1 blockchain that is based on a proof-of-stake (PoS) consensus conferred with Byzantine Fault Tolerance (BFT).
Evmos aids to achieve the Ethereum and Cosmos interoperability. The token EVMOS is primarily used in the governance of the Evmos blockchain. EVMOS is also deployed as the transaction fees and is also distributed as rewards within the ecosystem. It also serves as the gas fees for executing smart contracts on Ethereum and Cosmos.
Evmos (EVMOS) Price Prediction 2022
Evmos (EVMOS) holds the 81st position on CoinGecko right now. EVMOS price prediction 2022 is explained below with a daily time frame.
The above chart of Evmos (EVMOS) laid out an ascending channel pattern, also known as the rising channel. The upper and lower trendlines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend.
Currently, Evmos (EVMOS) is at $2.4109. If the pattern continues, the price of EVMOS might reach the resistance level of $2.8123, and $3.5508. If the trend reverses, then the price of EVMOS may fall to $1.6187, and $1.0897.
Evmos (EVMOS) Support and Resistance Levels
The chart below shows the support and resistance levels of Evmos (EVMOS).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Evmos (EVMOS).
| Resistance Level 1 | $2.4665 |
| Resistance Level 2 | $2.8298 |
| Resistance Level 3 | $3.2904 |
| Support Level 1 | $2.0689 |
| Support Level 2 | $1.7601 |
The charts show that EVMOS has performed a bullish trend over the past month. If this trend continues, EVMOS might run along with the bulls overtaking its resistance level at $3.2904.
Accordingly, if the investors turn against the crypto, the price of the EVMOS might plummet to almost $1.7601, a bearish signal.
Evmos (EVMOS) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Evmos (EVMOS) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of EVMOS lies below the cutoff line, indicating weak participants in the current trend.
Moreover, the Moving Average (MA) of Evmos (EVMOS) is shown in the above chart. Notably, the EVMOS price lies above 50 MA (short-term), so it is completely in an upward trend. Currently, EVMOS is in a bullish state. There is a possibility of a reversal trend of EVMOS at any time.
Meanwhile, the relative strength index (RSI) of the EVMOS is at a level of 61.71. This means that EVMOS is in an overbought state. However, this gives confidence to the traders to trade without any fear.
Evmos (EVMOS) Price Prediction 2022 — ADX, RVI
Let us now look Average Directional Index (ADX) of Evmos (EVMOS). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Evmos (EVMOS). Currently, EVMOS lies in the range of 38.061, indicating a strong trend.
From the above chart, the Relative Volatility Index (RVI) of Evmos (EVMOS). RVI measures the constant deviation of price changes over a period of time. The RVI of EVMOS lies above 50, indicating high volatility. In fact, EVMOS’s RSI is at 61.71, thus confirming a potential buy signal.
Comparison of EVMOS with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Evmos (EVMOS).
From the above chart, it can be interpreted that the trend of EVMOS moves in the opposite direction with respect to BTC and ETH. When the price of BTC and ETH increase, the price of EVMOS decreases. When the price of BTC and ETH decrease, the price of EVMOS increases.
Evmos (EVMOS) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Evmos (EVMOS) might probably attain $8 by 2023.
Evmos (EVMOS) Price Prediction 2024
With several upgrades in the network, Evmos (EVMOS) might enter a bullish trajectory. If the coin grabs the attention of major investors, EVMOS might rally to hit $10 by 2024.
Evmos (EVMOS) Price Prediction 2025
If Evmos (EVMOS) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, EVMOS would rally to hit $12.
Evmos (EVMOS) Price Prediction 2026
If Evmos (EVMOS) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, EVMOS would rally to hit $14.5.
Evmos (EVMOS) Price Prediction 2027
If Evmos (EVMOS) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, EVMOS would rally to hit $17.
Evmos (EVMOS) Price Prediction 2028
If Evmos (EVMOS) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, EVMOS would hit $20.
Evmos (EVMOS) Price Prediction 2029
If investors flock in and continue to place their bets on Evmos (EVMOS), it would witness major spikes. EVMOS might hit $24 by 2029.
Evmos (EVMOS) Price Prediction 2030
With greater advancements in the Evmos ecosystem, the crypto community might continue to invest in Evmos (EVMOS) for the next 8 years and drive significant price rallies for the token. Hence, Evmos (EVMOS) might hit $28 by 2030.
Conclusion
With continuous improvements in the Evmos network, we can say that 2022 is a good year for EVMOS. For this reason, the bullish price prediction of Evmos (EVMOS) in 2022 is $3.2904. On the other hand, the bearish price prediction of Evmos (EVMOS) for 2022 is $1.7601.
Furthermore, with the advancements and upgrades in the Evmos ecosystem, the performance of Evmos (EVMOS) might hit $6 gaining investors’ attention. It would also rise above its all-time high (ATH) of $6.84 in the near future.
FAQ
Evmos (EVMOS) is the native cryptocurrency of the Evmos blockchain. Evmos is a layer-1, EVM-compatible blockchain built on Cosmos SDK. It was launched in March 2022.
Evmos (EVMOS) has been listed on many crypto exchanges which include Bitget, Digifinex, Diffusion Finance, and EvmoSwap.
With the ongoing developments and upgrades within the Evmos platform, Evmos (EVMOS) has a high possibility of reaching its ATH soon.
On April 28, 2022, Evmos (EVMOS) reached its new all-time high (ATH) of $6.84.
Evmos (EVMOS) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Evmos in the past few months, EVMOS is considered a good investment in 2022.
Evmos (EVMOS) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues, Evmos (EVMOS) will hit $6 soon.
Evmos (EVMOS) price is expected to reach $8 by 2023.
Evmos (EVMOS) price is expected to reach $10 by 2024.
Evmos (EVMOS) price is expected to reach $12 by 2025.
Evmos (EVMOS) price is expected to reach $14.5 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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