Cult DAO (CULT) Price Prediction 2022 — Will CULT Hit $0.00003Soon?

Cult DAO (CULT) Price Prediction 2022 — Will CULT Hit $0.00003Soon?
  • Bullish CULT price prediction is $0.000014534 to $0.000022138.
  • Cult DAO (CULT) price might also reach $0.00003 soon.
  • Bearish CULT  price prediction for 2022 is $0.000012528.

In Cult DAO (CULT) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about CULT to analyze the future movement of the cryptocurrency. 

Cult DAO (CULT) Current Market Status

According to CoinGecko, the price of Cult DAO (CULT) is $0.00001435 with a 24-hour trading volume of $4,142,544 at the time of writing. However, CULT has increased by nearly 2.0% in the last 24 hours.

Moreover, Cult DAO (CULT) has a circulating supply of 4,271,194,707,214 CULT. Cult DAO (CULT) trades in cryptocurrency exchanges such as KuCoin, Bybit, Gate.io, LBank, Bitget, MEXC.

What is Cult DAO (CULT)?

Cult DAO is a completely decentralized funding mechanism. The tradable and liquid token of the Cult DAO is CULT, that when staked becomes dCULT. The “proof of stake token” for CULT is called dCULT.

Cult DAO (CULT) Price Prediction 2022

Cult DAO (CULT) holds the 400th position on CoinGecko right now. CULT price prediction 2022 is explained below with a daily time frame.

CULT /USDT Descending triangle pattern (Source: Tradingview)

The above chart of Cult DAO (CULT)  laid out a descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend. It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower support level, the bearish trend would be sustained. Generally, a descending triangle pattern indicates the reversal of an uptrend or the continuation of the downtrend. Traders keenly look out for a significant breakout point.

Currently, Cult DAO (CULT) is in the range of $0.000013950. If the pattern continues, the price of CULT  might reach the resistance levels of $0.000016040 and  $0.000014621.If the trend reverses, then the price of CULT may fall to $0.000013616 and $0.000012671.

Cult DAO (CULT) Support and Resistance Levels

The chart below shows the support and resistance levels of Cult DAO (CULT).

CULT /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 Cult DAO (CULT).

Resistance Level 1$0.000014534
Resistance Level 2$0.000016862
Resistance  Level 3$0.000019210
Resistance  Level 4$0.000022138
Support Level$0.000012528
CULT /USDT Support and Resistance Levels (Source: Tradingview)

The charts show that Cult DAO (CULT)  has performed a bullish trend over the past month. If this trend continues, CULT might run along with the bulls overtaking its resistance level at $0.000022138.

Accordingly, if the investors turn against crypto, the price of Cult DAO (CULT)  might plummet to almost $0.000012528, a bearish signal.

Cult DAO (CULT) Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Cult DAO (CULT) 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 CULT lies below the cutoff line, indicating weak  participants in the current trend.

CULT /USDT RVOL, MA, RSI (Source: Tradingview)

Also, the Moving Average (MA) of Cult DAO (CULT) is shown in the chart above. Notably,  Cult DAO (CULT) price lies below 50 MA (short-term), so it is in a downtrend. Currently, CULT has entered a bullish state. Therefore, there is a possibility of a reversal trend of CULT at any time.

Meanwhile, the relative strength index (RSI) of the CULT is 48.24. This means that Cult DAO (CULT) is in an oversold state. However, this means a major price reversal of CULT may occur in the upcoming days. So, traders need to trade carefully. 

Cult DAO (CULT) Price Prediction 2022 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of Cult DAO (CULT). 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.

CULT /USDT ADX, RVI (Source: Tradingview)

The above chart represents the ADX of Cult DAO (CULT). Currently, the ADX of CULT lies in the range of 17.305753629 and thus, it indicates a weak trend. 

The above chart also represents the Relative Volatility Index (RVI) of Cult DAO (CULT). RVI measures the constant deviation of price changes over a period of time. The RVI of CULT lies below 50, indicating low volatility. In fact, the RSI of Cult DAO (CULT) is at 48.24 thus confirming a potential buy signal.

Comparison of CULT with BTC, ETH

The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and  Cult DAO (CULT).

BTC Vs ETH Vs CULT  Price Comparison (Source: Tradingview)

From the above chart, we can interpret that the price action of CULT is similar to BTC and  ETH. This indicates that when  the price of BTC and  ETH  increases  or decreases  the price of CULT also increases or  decreases respectively.

Cult DAO (CULT) Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses,  Cult DAO (CULT) might probably attain $0.00004 by 2023.

Cult DAO (CULT) Price Prediction 2024

With several upgrades in the network, Cult DAO (CULT) might enter a bullish trajectory. If the coin grabs the attention of major investors, CULT might rally to hit $0.00005by 2024. 

Cult DAO (CULT) Price Prediction 2025

If Cult DAO (CULT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 7 years, CULT would rally to hit $0.00006. 

Cult DAO (CULT) Price Prediction 2026

If Cult DAO (CULT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, CULT would rally to hit $0.00007. 

Cult DAO (CULT) Price Prediction 2027

If Cult DAO (CULT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, CULT would rally to hit $0.00008. 

Cult DAO (CULT) Price Prediction 2028

Cult DAO (CULT) 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, CULT would hit $0.00009. in 2028.

Cult DAO (CULT) Price Prediction 2029

If investors flock in and continue to place their bets on Cult DAO (CULT), it would witness major spikes. CULT might hit $0.0001 by 2029.

Cult DAO (CULT) Price Prediction 2030

With greater advancements in the Basic Attention TokenEcosystem, the crypto community might continue to invest in CULT for the next 8 years and drive significant price rallies for the token. Hence, Cult DAO (CULT) might hit $0.0002 by 2030.

Conclusion

With continuous improvements in the Cult DAONetwork, we can say that 2022 is a good year for CULT. For this reason, the bullish price prediction of Cult DAO (CULT) in 2022 is $0.000022138. On the other hand,  the bearish price prediction of Cult DAO (CULT) price prediction for 2022 is $0.000012528.

Furthermore, with the advancements and upgrades to the Basic Attention Tokenecosystem, the performance of CULT would help to reach above its current all-time high (ATH) of $0.00007459 very soon. But, it might also reach $0.00003 if the investors believe that CULT is a good investment in 2022.

FAQ

1. What is Cult DAO (CULT)?

CULT is the tradable and liquid token of CULT DAO. CULT, will contribute to the protocol by gradually funding investments in decentralized technologies by gently filling the DAO treasury.

2.  Where can you purchase Cult DAO (CULT)?

Cult DAO (CULT) has been listed on many crypto exchanges which include KuCoin, Bybit, Gate.io, LBank, Bitget, MEXC. 

3.  Will Cult DAO (CULT) reach a new ATH soon?

With the ongoing developments and upgrades within the Basic Attention Token Platform, CULT  has a high possibility of reaching its ATH soon.

4.   What is the current all-time high (ATH) of Cult DAO (CULT)?

On April  02, 2022 Cult DAO (CULT) reached its new all-time high (ATH) of  $0.00007459.

5. Is Cult DAO (CULT) a good investment in 2022?

Cult DAO (CULT) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Basic Attention Token In the past few months, CULT  is considered a good investment in 2022.

6. Can Cult DAO (CULT) reach $0.00003?

Cult DAO (CULT) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Cult DAO (CULT) will hit $0.00003 soon..

7.  What will be Cult DAO (CULT) price by 2023?

 Cult DAO (CULT) price is expected to reach $0.00004 by 2023.

8.   What will be Cult DAO (CULT) price by 2024?

 Cult DAO (CULT) price is expected to reach $0.00005 by 2024.

9.   What will be Cult DAO (CULT) price by 2025?

 Cult DAO (CULT) price is expected to reach $0.00006 by 2025.

10. What will be Cult DAO (CULT) price by 2026?

 Cult DAO (CULT) price is expected to reach $0.00007 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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Journalism graduate who loves to write and Karate. And I love exploring new concepts and that brought me into the fascinating crypto and blockchain technology…