MaidSafeCoin Price Prediction 2021 – Will MAID Hit $1.45 Soon?

MaidSafeCoin Price Prediction 2021 - Will MAID Hit $1.45 Soon?
  • Bullish MAID price prediction ranges from $0.72 to $1.4.
  • The MAID price might also reach $1.45.
  • MAID bearish market price prediction for 2021 is $0.13.

In MAID price prediction 2021, we use statistics, price patterns, ADX, and much other information about MAID to analyze the future movement of the cryptocurrency

MaidSafeCoin was launched in February 2006. It is a decentralized Internet project. According to the developer, its concept is several years earlier than Bitcoin (BTC). The SAFE network works similarly to the TOR network, which means that all online content is distributed and accessed via a peer-to-peer (P2P) mesh network. 

MAID is a SafeCoin token, a decentralized currency used in the SAFE decentralized network, supported by additional users’ hard disk space, processing power, and data connection layer.

Current Market Status of MaidSafeCoin (MAID)

According to Coingecko, the price of MAID is $0.71 with a 24-hour trading volume of $1,424,532 at the time of writing. However, MAID has increased by 0.7% in the last 24 hours.

Moreover, MAID has a circulating supply of 452,552,412 MAID coins. Currently, MAID trades in cryptocurrency exchanges such as HitBTC.

MaidSafeCoin (MAID) Price Prediction 2021

MaidSafeCoin (MAID) holds the 148th position on CoinGecko right now. MAID price prediction 2021 explained below with a weekly time frame. 

MAID/USDT Flag Pattern (Source: Tradingview)

A flag pattern is a type of chart continuation pattern that shows candlesticks contained in a small parallelogram. It is an area of accumulation which shows a counter-trend move that follows after a sharp price movement. A flag pattern allows traders to enter the market in the middle of the trend.

Currently, MAID is waving at $0.7. After this, MAID may continue to fall or rise according to the direction of breakout. With this pattern, MAID might reach the resistance level at $1.43 soon. If the trend reverses, then the price of MAID may fall to $0.31.

MaidSafeCoin (MAID) Support and Resistance Level

The below chart shows the support and resistance level of MaidSafeCoin (MAID). 

MAID/USDT Support and Resistance Level (Source: TradingView)

From the above chart, it is observed that the following are the resistance and support level of MAID.

  • Resistance Level 1 – $0.72
  • Resistance Level 2 – $1.45
  • Support Level 1 – $0.23
  • Support Level 2 – $0.13

The chart depicts the bullish performance of MAID over the previous month. However, this trend will continue to reach resistance level at $1.45 soon. On the contrary, if the trend reversed then MAID might fall to $0.23 presenting a bearish signal.

MaidSafeCoin (MAID) Average Directional Index (ADX)

Let us now look at MAID’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 be 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 is frequently combined with directional indicators.

MAID/USDT ADX (Source:TradingView)

The above chart represents the ADX of MAID with the range at 25.12, so it indicates a strong trend.

Conclusion

MAID is one of the cryptos that keeps its ground against the bearish market. Furthermore, our long-term MAID price prediction for 2021 is bullish. It has a huge possibility of overtaking its current all-time-high (ATH) of $1.37 this year. However, this will only happen if MAID breaks many past psychological resistances.

Furthermore, with the ongoing developments and upgrades within the MAID ecosystem, it could experience a great future ahead in 2021. It may reach $0.74 soon and it might even reach high heights, however reaching $1.45, if investors have planned that MAID is a good investment in 2021.

Disclaimer: The opinion expressed in this chart solely author’s. It is not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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Monisha is a Senior Programmer in the Automotive Embedded domain. Her interest in the cryptocurrency field made her write about crypto and blockchain-related news.