Marlin (POND) Price Prediction 2022 – Will POND Hit $0.05 Soon?
- Bullish POND price prediction is $0.01302 to $0.04478.
- The POND price will also reach $0.05 soon.
- Bearish POND price prediction for 2022 is $0.00639.
In Marlin (POND) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about POND to analyze the future movement of the cryptocurrency.
Marlin (POND) Current Market Status
According to CoinGecko, the price of Marlin (POND) is $0.00862 with a 24-hour trading volume of $2,869,513 at the time of writing. However, POND has increased to 5.1% in the last 24 hours.
Moreover, Marlin (POND) has a circulating supply of 5,033,753,055 POND. Currently, POND trades in cryptocurrency exchanges such as Binance, Gate.io, KuCoin, Kraken and Coinbase Exchange.
What is Marlin (POND)?
Marlin (POND) is the native token of the Marlin protocol. POND was launched as an ERC-20 token in 2020. Marlin network is a peer-to-peer (P2P) layer-0 blockchain protocol that provides a scalable infrastructure for several decentralized web projects.
POND tokens can be used in securing and running the ‘Metanodes’, native validator nodes. These tokens grant its holders the voting rights in the POND DAO. Along with POND tokens, Marlin network also includes another token called MPOND token which is deployed in the network’s governance. The network uses these tokens as insurance funds compensating for SLA breaches.
Marlin (POND) Price Prediction 2022
Marlin (POND) holds the 414th position on CoinGecko right now. POND price prediction 2022 is explained below with a daily time frame.
The above chart laid out a descending channel also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently, Marlin (POND) is in the range of $0.00854. If the pattern continues, the price of POND might reach the resistance level of $0.01302 and $0.01807. If the trend reverses, then the price of POND may fall to $0.00747.
Marlin (POND) Support and Resistance Level
The chart below shows the support and resistance levels of Marlin (POND).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Marlin (POND).
- Resistance Level 1 – $0.01414
- Resistance Level 2 – $0.02648
- Resistance Level 3 – $0.04478
- Support Level – $0.00639
The charts show that POND has performed a bullish trend over the past month. If this trend continues, POND might run along with the bulls overtaking its resistance level at $0.01414.
Accordingly, if the investors turn against the crypto, the price of the POND might plummet to almost $0.00639, a bearish signal.
Marlin (POND) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Marlin (POND) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders.Currently, the RVOL of POND lies below the cutoff line, indicating weak participants in the current trend.
Moreover, the Moving Average (MA) of Marlin (POND) is shown in the above chart. Notably, the POND price lies below 50 MA (short-term), so it is completely in a downtrend. Currently, POND is in a bearish state. There is a possibility of a reversal trend of POND at any time.
Meanwhile, the relative strength index (RSI) of the POND is at a level of 43.90. This means that POND is in an oversold state. However, this means a major price reversal of POND may occur in the upcoming days. So, traders need to trade carefully.
Marlin (POND) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Marlin (POND). 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.
The above chart represents the ADX of Marlin (POND). Currently, POND lies in the range of 7.37, so it indicates a weak trend.
From the above chart, the Relative Volatility Index (RVI) of Marlin (POND). RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of POND lies below 50, indicating low volatility. In fact, POND’s RSI is at 43.90, thus confirming a potential sell signal.
Comparison of POND with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Marlin (POND).
From the above chart, we can interpret that ETH, BTC, and POND are moving in a similar trend. This indicates that when the price of BTC increases or decreases, the price of ETH and POND also increase or decrease respectively.
Marlin (POND) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Marlin (POND) might probably attain $0.07 by 2023.
Marlin (POND) Price Prediction 2024
With several upgrades in the network, Marlin (POND) might enter a bullish trajectory. If the coin grabs the attention of major investors, POND might rally to hit $0.08 by 2024.
Marlin (POND) Price Prediction 2025
If Marlin (POND) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, POND would rally to hit $0.09.
Marlin (POND) Price Prediction 2026
If Marlin (POND) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, POND would rally to hit $0.1.
Marlin (POND) Price Prediction 2027
If Marlin (POND) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, POND would rally to hit $0.15.
Marlin (POND) Price Prediction 2028
If Marlin (POND) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, POND would hit $0.2.
Marlin (POND) Price Prediction 2029
If investors flock in and continue to place their bets on Marlin (POND), it would witness major spikes. POND might hit $0.25 by 2029.
Marlin (POND) Price Prediction 2030
With greater advancements in the Marlin ecosystem, the crypto community might continue to invest in Marlin (POND) for the next 8 years and drive significant price rallies for the token. Hence, Marlin (POND) might hit $0.3 by 2030.
Conclusion
With continuous improvements in the Marlin network, we can say that 2022 is a good year for POND. For this reason, the bullish price prediction of Marlin (POND) in 2022 is $0.04478. On the other hand, the bearish price prediction of Marlin (POND) for 2022 is $0.00639.
Furthermore, with the advancements and upgrades in the Marlin ecosystem, the performance of Marlin (POND) would rise to reach above its new all-time high (ATH) of $0.323362 very soon. But, it might also reach $0.05 if the investors believe that POND is a good investment in 2022.
FAQ
Marlin (POND) is the native token of Marlin, a peer-to-peer (P2P) layer-0 blockchain protocol in DeFi. It was launched as an ERC-20 token in 2020.
Marlin (POND) has been listed on many crypto exchanges which include Binance, Gate.io, KuCoin, Kraken and Coinbase Exchange.
With the ongoing developments and upgrades within the Marlin platform, Marlin (POND) has a high possibility of reaching its ATH soon.
On December 21, 2020, Marlin (POND) reached its new all-time high (ATH) of $0.323362.
Marlin (POND) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Marlin in the past few months, POND is considered a good investment in 2022.
Marlin (POND) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Marlin (POND) will hit $0.05 soon.
Marlin (POND) price is expected to reach $0.06 by 2023.
Marlin (POND) price is expected to reach $0.07 by 2024.
Marlin (POND) price is expected to reach $0.08 by 2025.
Marlin (POND) price is expected to reach $0.09 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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