- Bullish AST price prediction ranges from $0.26 to $0.73.
- AST price might also reach $1 soon.
- AST bearish market price prediction for 2021 is $0.06.
In AirSwap (AST) price prediction 2021, we use statistics, price patterns, RSI, and much other information about AST to analyze the future movement of the cryptocurrency.
AirSwap (AST) is a self-possessed decentralized, peer-to-peer token trading network powered by Ethereum. The folks at AirSwap call the present iteration of their decentralized exchange (DEX) the AirSwap Token Trader. The AirSwap platform works by having users communicate with each other what tokens they want to exchange and at what price.
Current Market Status of AirSwap (AST)
According to CoinGecko, the AirSwap price is trading at $0.2269 with a 24-hour trading volume of $2,704,018, at the time of writing. However, AST has increased by 3.39% in the last 24 hours.
Currently, AST trades in cryptocurrency exchanges such as Binance, Hotcoin Global, OKEx, Huobi Global, and ZT.
AirSwap (AST) Price Prediction 2021
AirSwap (AST) holds the 617th position on CoinGecko right now. AST price prediction 2021 is explained below with a daily time frame.
The above chart shows the Ascending Channel Trend. An ascending channel pattern used to show an uptrend in a security’s price. Higher highs and higher lows characterize this price pattern. It is formed from two positive sloping trend lines drawn above and below a price series depicting resistance and support levels. Crypto traders can swing trade between the pattern’s support and resistance levels or trade in the direction of a breakout or breakdown.
In the daily time frame chart, the AST can reach $1.489 if the bull trend continues. Or else, if the price of the AST breaks the resistance level of $0.311, it will fall to the next support level. So, the trend of the AST is based on the breakout.
AirSwap (AST) Support and Resistance Level
The below chart shows the support and resistance level of AirSwap (AST).
From the above chart, it is observed that the following are the resistance and support levels of AST.
- Resistance Level 1 – $0.26
- Resistance Level 2 – $0.39
- Resistance Level 2 – $0.73
- Support Level 1 – $0.14
- Support Level 2 – $0.09
- Support Level 3 – $0.06
The chart depicts the bullish performance of AST over the previous month. However, this trend will continue to reach a resistance level at $0.73 soon. Even more, if the trend reversed then AST might fall to $0.06 presenting a bearish signal.
AirSwap (AST) Average Directional Index (ADX)
Let us now look at AST’s Average Directional Index (ADX). In particular, the ADX assists traders in determining the strength of a trend rather than its direction. It can also used to determine whether the market is changing or if a new trend is beginning. It is, however, linked to the Directional Movement Index (DMI).
Moreover, the oscillator has a range of 0 to 100. In addition, a high value represents a strong trend, while a low value represents a weak trend. Furthermore, it frequently combined with directional indicators.
The above chart represents the ADX of AST lies in the range at 83.4783, so it indicates an extremely strong trend. This shows that the price of ADX can go even bullish in the future.
The AST is one of the cryptos which is great for long-term investment. In addition, AST price prediction is bullish for the short term. It has a good chance of reaching $0.26 by the end of this year. However, this will only happen if many previous psychological barriers are broken.
Furthermore, with the advancements and upgrades on the AST ecosystem, the performance of AST would rise reaching $0.73 very soon. But, it might also reach $1 if the investors believe that AST is a good investment in 2021.
Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.