MyNeighborAlice Price Prediction 2021 – Will ALICE Hit $59.3 Soon?

MyNeighborAlice Price Prediction 2021 - Will ALICE Hit $59.3 Soon?
  • Bullish ALICE price prediction ranges from $16.75 to $32.28.
  • The ALICE price might also reach $59.3.
  • ALICE bearish market price prediction for 2021 is $7.

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

MyNeighborAlice is a multiplayer construction game. The game is deeply inspired by “Animal Crossing”, which allows players to buy and own virtual land, collect items, meet friends and build islands. Non-fungible tokens (NFT) are used to allow players to own in-game assets that can be traded outside of the platform. Its native token is ALICE.

Current Market Status of MyNeighborAlice (ALICE)

According to Coingecko, the price of ALICE is $13.84 with a 24-hour trading volume of $420,735,981 at the time of writing. However, ALICE has increased by 8.8% in the last 24 hours.

Moreover, ALICE has a circulating supply of 17,400,000 ALICE coins. Currently, ALICE trades in cryptocurrency exchanges such as Binance, Tokocrypto, Hotcoin Global, HitBTC, and Bitcoin.com Exchange.

MyNeighborAlice (ALICE) Price Prediction 2021

MyNeighborAlice (ALICE) holds the 210th position on CoinGecko right now. ALICE price prediction 2021 is explained below with a daily time frame. 

ALICE/USDT Rising Wedge Pattern (Source: TradingView)

The rising wedge pattern is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. A rising wedge pattern can be one of the most difficult patterns to accurately recognize and trade.

Currently, ALICE is trading at $11.89. After this, ALICE may continue to fall or rise according to the direction of breakout. With this pattern, ALICE might reach the resistance level at $32.28 soon. If the trend reverses, then the price of ALICE may fall to $7.05.

MyNeighborAlice (ALICE) Support and Resistance Level

The below chart shows the support and resistance level of MyNeighborAlice (ALICE). 

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

The above chart shows that the following are the resistance and support levels of ALICE.

  • Resistance Level 1 – $19.7
  • Resistance Level 2 – $59.3
  • Support Level 1 – $10.45
  • Support Level 2 – $6.4
  • Support Level 3 – $3.4

The chart shows the bullish performance of ALICE over the previous month. However, this trend might continue to reach a resistance level at $59.3 soon. On the contrary, if the trend, reversed then ALICE might fall to $3.4 presenting a bearish signal.

MyNeighborAlice (ALICE) Average Directional Index (ADX)

Let us now look at ALICE’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.

ALICE/USDT ADX (Source:TradingView)

The above chart represents the ADX of ALICE, which is in the range at 49.3 indicating a strong trend. 

Conclusion

ALICE is one of the cryptos which is great for long-term investment. In addition, ALICE price prediction is bullish for the long term. It has a good chance of reaching $40.93 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 ALICE ecosystem, the performance of ALICE would rise reaching $32.28 very soon. But, it might also reach $59.3 if the investors believe that ALICE is a good investment in 2021.

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