Tue, October 1

Mobox (MBOX) Price Prediction 2022 — Will MBOX Hit $16 Soon?

Mobox (MBOX) Price Prediction 2022 — Will MBOX Hit $16Soon? Crypto Price Prediction
  • Bullish MBOX price prediction is $0.837 to $15.397.
  • Mobox (MBOX) price might also reach $16 soon.
  • Bearish MBOX  price prediction for 2022 is $0.472.

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

Mobox (MBOX) Current Market Status

According to CoinGecko, the price of Mobox (MBOX) is $0.7726585 with a 24-hour trading volume of $7,986,723 at the time of writing. However, MBOX has decreased by nearly 2.5% in the last 24 hours.

Moreover, Mobox (MBOX) has a circulating supply of 151,425,420 MBOX. Currently, Mobox (MBOX) trades in cryptocurrency exchanges such as Binance, LBank, DigiFinex, Gate.io,  WhiteBIT.

What is Mobox (MBOX)?

The MBOX token is the native utility token of the Mobox ecosystem. MOBOX, a community-driven GameFi platform built on Binance Smart Chain (BSC) combines the characteristics of decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain gaming to create a free-to-play and play-to-earn ecosystem.  It was launched in April 2021. 

The MBOX token serves as a universal financial incentive as a result and is an essential part of the gamified reward systems. Additionally, the MBOX token is used for protocol governance.  

Mobox (MBOX) Price Prediction 2022

Mobox (MBOX) holds the 261th  position on CoinGecko right now. MBOX price prediction 2022 is explained below with a daily time frame.

MBOX /USDT falling wedge Pattern (Source: Tradingview)

The above chart of Mobox (MBOX) laid out an Ascending channel pattern,  ascending channel 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, Mobox (MBOX) is in the range of $0.733 If the pattern continues, the price of MBOX  might reach the resistance levels of $0.815 and $0.991. If the trend reverses, then the price of MBOX may fall to $0.714, $0.585 and $0.522.

Mobox (MBOX) Support and Resistance Levels

The chart below shows the support and resistance levels of Mobox (MBOX).


MBOX /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 Mobox (MBOX). 

Resistance Level 1$0.837
Resistance Level 2$1.792
Resistance Level 3$3.775
Resistance Level 4$7.392
Resistance Level 5$15.397
Support Level$0.472
MBOX /USDT Support and Resistance Levels

The charts show that Mobox (MBOX)  has performed a bullish trend over the past month. If this trend continues, MBOX might run along with the bulls overtaking its resistance level at $15.397

Accordingly, if the investors turn against crypto, the price of Mobox (MBOX)  might plummet to almost $0.472, a bearish signal.

Mobox (MBOX) Price Prediction 2022 — RVOL, MA, and RSI

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

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

(MBOX) price lies above 50 MA (short-term), so it is  in an uptrend. Currently, MBOX has entered a bullish state. Therefore, there is a possibility of a reversal trend of MBOX at any time.

Meanwhile, the relative strength index (RSI) of the MBOX is 50.49. This means that Mobox (MBOX) is in an overbought state. However, this means a major price reversal of MBOX may occur in the upcoming days. So, traders need to trade carefully. 

Mobox (MBOX) Price Prediction 2022 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of Mobox (MBOX). 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.

MBOX /USDT ADX, RVI (Source: Tradingview)

The above chart represents the ADX of Mobox (MBOX). Currently, the ADX of MBOX lies in the range of 38.847 and thus, it indicates a strong trend. 

The above chart also represents the Relative Volatility Index (RVI) of Mobox (MBOX). RVI measures the constant deviation of price changes over a period of time. The RVI of MBOX lies below 50, indicating low volatility. In fact, the RSI of Mobox (MBOX) is at 50.49 thus confirming a potential sell signal.

Comparison of MBOX with BTC, ETH

The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and  Mobox (MBOX).

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

From the above chart, we can interpret the price changes of ETH, BTC  and MBOX are moving in a similar trend. This indicates that when the price of ETH and BTC  increases or decreases, the price of MBOX also increases or decreases respectively.

Mobox (MBOX) Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses,  Mobox (MBOX) might probably attain $20 by 2023.

Mobox (MBOX) Price Prediction 2024

With several upgrades in the network, Mobox (MBOX) might enter a bullish trajectory. If the coin grabs the attention of major investors, MBOX might rally to hit $25 by 2024. 

Mobox (MBOX) Price Prediction 2025

If Mobox (MBOX) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, MBOX would rally to hit $30.  

Mobox (MBOX) Price Prediction 2026

If Mobox (MBOX) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, MBOX would rally to hit $35. 

Mobox (MBOX) Price Prediction 2027

If Mobox (MBOX) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, MBOX would rally to hit $40

Mobox (MBOX) Price Prediction 2028

If Mobox (MBOX) 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, MBOX would hit $45 in 2028.

Mobox (MBOX) Price Prediction 2029

If investors flock in and continue to place their bets on Mobox (MBOX), it would witness major spikes. MBOX might hit $50 by 2029.

Mobox (MBOX) Price Prediction 2030

With greater advancements in the Mobox ecosystem, the crypto community might continue to invest in MBOX for the next 8 years and drive significant price rallies for the token. Hence, Mobox (MBOX) might hit $55 by 2030.

Conclusion

With continuous improvements in the Mobox  network, we can say that 2022 is a good year for MBOX. For this reason, the bullish price prediction of Mobox (MBOX) in 2022 is $15.397. On the other hand,  the bearish price prediction of Mobox (MBOX) price prediction for 2022 is $0.472.

Furthermore, with the advancements and upgrades to the Mobox  ecosystem, the performance of MBOX would help to reach above its current all-time high (ATH) of $15.44 very soon. But, it might also reach $16 if the investors believe that MBOX is a good investment in 2022.

FAQ

1.  What is Mobox (MBOX)?

MBOX tokens are the native cryptocurrency on the MOBOX platform. Mobox is a decentralized play-to-earn (P2E) gaming platform based on the Binance Smart Chain blockchain (BSC).

2.  Where can you purchase Mobox (MBOX)?

SushiSwap (SUSHI) (SUSHI) has been listed on many crypto exchanges which include  Binance, OKX, FTX, WhiteBIT, LBank.

3. Will Mobox (MBOX) reach a new ATH soon?

With the ongoing developments and upgrades within the Mobox  platform, MBOX  has a high possibility of reaching its ATH soon

4.  What is the current all-time high (ATH) of Mobox (MBOX)?

On December 1, 2021 Mobox (MBOX) reached its new all-time high (ATH) of  $15.44.

5.Is Mobox (MBOX) a good investment in 2022?

Mobox (MBOX) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Mobox  in the past few months, MBOX  is considered a good investment in 2022.

6.  Can Mobox (MBOX) reach $16?


Mobox (MBOX) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Mobox (MBOX) will hit $16 soon.

7.   What will be Mobox (MBOX) price by 2023?

 Mobox (MBOX) price is expected to reach $20 by 2023.

8. What will be Mobox (MBOX) price by 2024?

 Mobox (MBOX) price is expected to reach $25 by 2024.

9.  What will be Mobox (MBOX) price by 2025?

 Mobox (MBOX) price is expected to reach $30 by 2025.

10.  What will be Mobox (MBOX) price by 2026?

 Mobox (MBOX) price is expected to reach $35 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…