WINkLink Price Prediction 2022 — Will WIN Hit $0.02 Soon?
- Bullish WIN price prediction is $0.0003793 to $0.0011102.
- The WIN price will also reach $0.02 soon.
- WIN’s bearish market price prediction for 2022 is $0.0002530.
In WINkLink’s (WIN) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and much other information about WIN to analyze the future movement of the cryptocurrency.
WINkLink Current Market Status
According to CoinGecko, the price of WIN is $0.00029347 with a 24-hour trading volume of $4262,004,705 at the time of writing. However, WIN has increased 7.2% in the last 24 hours.
Moreover, WIN has a circulating supply of 961,737,300,000 WIN. Currently, WIN trades in cryptocurrency exchanges such as Binance, OKX, Mandala Exchange, Bitget, and Hotcoin Global.
What is WINkLink (WIN)?
WINkLink is the first comprehensive decentralized oracle service to bring reliable real-world data onto the TRON blockchains. As the first-ever TRON oracle service, the project is looking to capture an emerging market of decentralized applications (dApps) throughout the TRON ecosystem. Also, the WINkLink service provides reliable, unpredictable, and verifiable random numbers to help remove tri=ust and improve user experiences in payment systems, decentralized finance (DeFi), and events. this is possible due to the WINkLink Verifiable Random Function (VRF).
The WIN token is a TRON-based TRC-20 utility token used as a base asset throughout the WINkLink crypto ecosystem. Oracle node operators receive payment in the form of WIN tokens for retrieving off-chain data, converting it into a readable format for the blockchain, off-chain computations, and uptime guarantees.
WINkLink (WIN) Price Prediction 2022
WINkLink holds the 218th position on CoinGecko right now. WIN price prediction 2022 is explained below with a daily time frame.
The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pullback, two converging trendlines are drawn. One of the main features of the falling wedge pattern is the volume, which decreases as the channel converges.
The most commonly falling wedge pattern occurs in a clean uptrend. The price action trades higher, however, the buyers lose the momentum at one point and the bears take temporary control over the price action.
Currently, WIN is in the range of $0.570208. If the pattern continues, the price of WIN might reach the resistance level of $0.0002861, $0.0003181, $0.0003724, & $0.0004318. If the trend reverses, then the price of WIN might fall to the support level at $0.0002550.
WINkLink (WIN) Support and Resistance Level
The below chart shows the support and resistance level of WIN.
From the above monthly time frame, it is clear the following are the resistance and support levels of WIN.
- Resistance Level 1 – $0.0003793
- Resistance Level 2 – $0.0005175
- Resistance Level 3 – $0.0006690
- Resistance Level 4 – $0.0008531
- Resistance Level 5 – $0.0011102
- Support Level – $0.0002530
The charts show that WIN has performed a bullish trend over the past month. If this trend continues, WIN might run along with the bulls overtaking its resistance level at $0.0011102.
Accordingly, if the investors turn against the crypto, the price of the WIN might plummet to almost $0.0002530, a bearish signal.
WINkLink Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of WIN 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 WIN lies below the cutoff line, indicating weaker participants in the current trend.
More so, the WIN’s Moving Average (MA) is shown in the chart above. Currently, WIN is in a bearish state. Notably, the WIN price lies below 50 MA (short-term), so it is completely in a downward trend. Therefore, there is a possibility of a reversal trend of WIN at any time.
Meanwhile, the relative strength index (RSI) of the WIN is at level 47.98. This means that WIN is in neither an oversold nor an overbought state. However, this means a major price reversal of WIN may occur in the upcoming days. So, traders need to trade carefully.
WINkLink Price Prediction 2022 — ADX, RVI
Let us now look at WINkLink’s Average Directional Index (ADX). 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 WINkLink. Currently, WIN lies in the range of 10.2734618 so it indicates a weak trend.
From the above chart, the Relative Volatility Index (RVI) of WIN. RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of WIN lies below the 50 levels, indicating that the direction of volatility is low. In fact, WIN’s RSI is at a 47.98 level thus confirming a potential sell signal.
Comparison of WIN with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and WINkLink.
From the above chart, we can identify the trend of the ETH, BTC, and WIN is moving at the same level as the trend. This indicates that when the price of BTC increases or decreases, the price of ETH and WIN also increases or decreases respectively.
Conclusion
With continuous improvements in the WINkLink network, we can say that 2022 is a good year for WIN. For this reason, the bullish price prediction of WINkLink in 2022 is $0.0011102 On the other hand, the bearish WIN price prediction for 2022 is $0.0002530.
Furthermore, with the advancements and upgrades on the WIN ecosystem, the performance of WIN would help to reach above its current all-time high (ATH) $0.00289424 very soon. But, it might also reach $0.02 if the investors believe that WIN is a good investment in 2022.
FAQ
WINkLink is the first comprehensive decentralized oracle service to bring reliable real-world data onto the TRON blockchains.
WIN has been listed on many crypto exchanges which include Binance, OKX, Mandala Exchange, Bitget, and Hotcoin Global.
With the ongoing developments and upgrades within the WIN platform, it has a high possibility of reaching its ATH soon.
On Apr 05, 2021, WIN reached its new all-time high (ATH) of $0.00289424.
WINkLink (WIN) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of WIN in the past few months, WIN is considered a good investment in 2022.
WINkLink (WIN) is one of the active cryptos that continues to maintain its Bullish state. Eventually, if this bullish trend continues then WINkLink (WIN) will hit $0.02 soon.
WINkLink (WIN) price is expected to reach $0.08 by 2023.
WINkLink (WIN) price is expected to reach $0.1 by 2024.
WINkLink (WIN) price is expected to reach $0.17 by 2025.
WINkLink (WIN) price is expected to reach $0.25 by 2026.
Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
The post has appeared first on thenewscrypto.com
Read more: https://thenewscrypto.com/winklink-price-prediction-2022-will-win-hit-0-02-soon/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
