Pawswap (PAW) Price Prediction 2023 — Will PAW Hit $0.000001?
Bullish PAW price prediction for 2023 is $0.000000098 to $0.000000157.
Pawswap (PAW) price might also reach $0.000001 soon.
Bearish PAW price prediction for 2023 is $0.000000034.
In Pawswap (PAW) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about PAW to analyze the future movement of the cryptocurrency.
Pawswap (PAW) Current Market Status
Current Price
$0.000000075681
24 – Hour Trading Volume
$22,318,062
24 – Hour Price Change
12% up
Circulating Supply
–
All – Time High
$0.000000099219 (On March 03, 2023)
PAW Current Market Status
(Source: CoinGecko)
What is Pawswap (PAW)?
Pawswap (PAW) is the native cryptocurrency of Pawswap, a Shibarium-based multichain decentralized exchange (DEX). The PAW token is initially an ERC-20 token.
Since its inception, the platform is popularly called Shibarium’s first cross-chain DEX. The DEX adopts a token-based governance system powered by the memecoin PAW. Notably, the memecoin has a fixed cap of 1 quadrillion. PAW is available for trading on ShibaSwap, Gate.io, LBank, Bitget, Bitrue, and Uniswap (V3).
Pawswap (PAW) Price Prediction 2023
Pawswap price prediction 2023 is explained below with a daily time frame.
PAW/USDT Ascending Channel Pattern (Source: TradingView)
The above chart of PAW laid out an ascending channel pattern, also known as the rising channel. The upper and lower trend lines 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, Pawswap (PAW) is in the range of $0.0000000946. If the pattern continues, the price of PAW might reach the resistance level of $0.000000146. If the trend reverses, then the price of PAW may fall to $0.000000073, $0.000000049, and $0.000000029.
Pawswap (PAW) Support and Resistance Levels
The chart below shows the support and resistance levels of Pawswap (PAW).
PAW/USDT Support and Resistance Levels (Source: TradingView)
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Pawswap (PAW).
Resistance Level 1$0.000000098Resistance Level 2$0.000000157Support Level 1$0.000000052Support Level 2$0.000000034PAW/USDT Support and Resistance Levels
The charts show that Pawswap has performed a bullish trend over the past month. If this trend continues, PAW might run along with the bulls overtaking its resistance level at 0.000000157.
Accordingly, if the investors turn against crypto, the price of Pawswap (PAW) might plummet to almost 0.000000034, a bearish signal.
Pawswap (PAW) Price Prediction 2023 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Pawswap (PAW) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of PAW lies below the cutoff line, indicating weak participants in the current trend.
PAW/USDT RVOL, MA, RSI (Source: TradingView)
Also, the Moving Average (MA) of Pawswap (PAW) is shown in the chart above. Notably, the Pawswap (PAW) price lies above 50 MA (short-term), so it is in an uptrend. Currently, PAW has entered a bullish state. Therefore, there is a possibility of a reversal trend of PAW at any time.
Meanwhile, the relative strength index (RSI) of the PAW is 70.56. This means that Pawswap (PAW) is in an overbought state. Thus, PAW exhibits a potential sell signal.
Pawswap (PAW) Price Prediction 2023 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Pawswap (PAW). 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.
PAW/USDT ADX, RVI (Source: TradingView)
The above chart represents the ADX of Pawswap (PAW). Currently, the ADX of PAW lies in the range of 78.97 and thus, it indicates a very strong trend.
The above chart also represents the Relative Volatility Index (RVI) of Pawswap (PAW). RVI measures the constant deviation of price changes over a period of time. The RVI of PAW lies above 50, indicating high volatility.
Comparison of PAW with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Pawswap (PAW).
BTC Vs ETH Vs PAW Price Comparison (Source: TradingView)
From the above chart, it can be interpreted that PAW is in a dissimilar trend with respect to BTC and ETH. This indicates that when the price of BTC or ETH increases, the price of PAW decreases. When the price of BTC or ETH decreases, the price of PAW increases.
Pawswap (PAW) Price Prediction 2024-2030
Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of Pawswap (PAW) between 2024 and 2030.
Pawswap (PAW) Price Prediction 2024
If the declining price action completely slows down in momentum and the trend reverses, Pawswap (PAW) might probably attain $0.000002 by 2024.
Pawswap (PAW) Price Prediction 2025
With several upgrades in the network, Pawswap (PAW) might enter a bullish trajectory. If the coin grabs the attention of major investors, PAW might rally to hit $0.0000035 by 2025.
Pawswap (PAW) Price Prediction 2026
If Pawswap (PAW) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, PAW would rally to hit $0.000005.
Pawswap (PAW) Price Prediction 2027
If Pawswap (PAW) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, PAW would rally to hit $0.000007.
Pawswap (PAW) Price Prediction 2028
If Pawswap (PAW) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, PAW would rally to hit $0.00001.
Pawswap (PAW) Price Prediction 2029
If Pawswap (PAW) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, PAW would hit $0.00006 in 2029.
Pawswap (PAW) Price Prediction 2030
If investors flock in and continue to place their bets on Pawswap (PAW), it would witness major spikes. PAW might hit $0.001 by 2030.
Conclusion
With continuous improvements in the Pawswap ecosystem, we can say that 2023 is a good year for PAW. For this reason, the bullish price prediction of Pawswap (PAW) in 2023 is $0.000000157. On the other hand, the bearish price prediction of Pawswap (PAW) price prediction for 2023 is $0.000000034.
Furthermore, with the advancements and upgrades to the Pawswap ecosystem, the performance of PAW would help to reach above its current all-time high (ATH) of $0.000000099219 very soon. But, it might also reach $0.000001 if the investors believe that PAW is a good investment in 2023.
FAQ
1. What is Pawswap (PAW)?
Pawswap (PAW) is the native cryptocurrency of Pawswap, a Shibarium-based multichain decentralized exchange (DEX).
2. Where can you purchase Pawswap (PAW)?
Pawswap (PAW) has been listed on many crypto exchanges such as ShibaSwap, Gate.io, Bitget, Uniswap (V3), LBank, and Bitrue.
3. Will Pawswap (PAW) reach a new ATH soon?
With the ongoing developments and upgrades within the Pawswap platform, PAW has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Pawswap (PAW)?
On March 03, 2023, Pawswap (PAW) reached its new all-time high (ATH) of $0.000000099219.
5. Is Pawswap (PAW) a good investment in 2023?
Pawswap (PAW) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Pawswap in the past few months, PAW is considered a good investment in 2023.
6. Can Pawswap (PAW) reach $0.000001?
Pawswap (PAW) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Pawswap (PAW) will hit $0.000001 soon.
7. What will be Pawswap (PAW) price by 2024?
Pawswap (PAW) price is expected to reach $0.000002 by 2024.
8. What will be Pawswap (PAW) price by 2025?
Pawswap (PAW) price is expected to reach $0.0000035 by 2025.
9. What will be Pawswap (PAW) price by 2026?
Pawswap (PAW) price is expected to reach $0.000005 by 2026.
10. What will be Pawswap (PAW) price by 2027?
Pawswap (PAW) price is expected to reach $0.000007 by 2027.
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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.
Filed under: Bitcoin - @ March 4, 2023 3:57 am