ZetaChain (ZETA) Price Prediction 2024, 2025, 2026-2030
- Bullish ZETA price prediction for 2024 is $2.6222 to $4.2152.
- ZetaChain (ZETA) price might reach $5 soon.
- Bearish (ZETA) price prediction for 2024 is $1.1499.
In this ZetaChain (ZETA) price prediction 2024, 2025-2030, we will analyze the price patterns of ZETA by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
ZETACHAIN (ZETA) PRICE PREDICTION 2024 |
|
| ZETACHAIN (ZETA) PRICE PREDICTION 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
ZetaChain (ZETA) Current Market Status
| Current Price | $2.39 | 24 Hour Price Change | 0.24% Up |
| 24 Hour Trading Volume | $110,838,523 |
| Market Cap | $565,384,802 |
| Circulating Supply | 236,468,750 ZETA | All Time High | $2.57 (On Feb 14, 2024) |
| All Time Low | $0.5489 (On Feb 01, 2024) |
What is ZetaChain (ZETA)
| TICKER | ZETA |
| BLOCKCHAIN | ZetaChain |
| CATEGORY | Layer 1 Blockchain |
| LAUNCHED ON | February 2024 |
| UTILITIES | Governance, security, gas fees & rewards |
ZetaChain emerges as a groundbreaking Layer 1 blockchain with inherent chain-agnostic interoperability, seamlessly connecting various blockchains such as Ethereum, Cosmos/IBC, Bitcoin, Dogecoin, and Tron. Its innovative messaging capabilities enable developers to transmit both data and native value across different chains without the need for asset wrapping. Beyond facilitating cross-chain transactions, ZetaChain introduces native omnichain smart contracts, allowing the creation of omnichain decentralized applications (odApps). These apps empower developers to efficiently manage funds across multiple chains through a single contract. ZetaChains connectivity extends to non-smart-contract chains like Bitcoin and Dogecoin, providing smart contract functionalities. The ZETA coin serves as the backbone, supporting cross-chain value transfers, securing the blockchain through slashing, bonding, and staking, covering gas fees, processing transactions, and storing data. With ZETA, users can safely transfer native value across chains, mitigating common risks associated with asset bridging or wrapping.
ZetaChain 24H Technicals
(Source: TradingView)
ZetaChain (ZETA) Price Prediction 2024
ZetaChain (ZETA) ranks 408th on CoinMarketCap in terms of its market capitalization. The overview of the ZetaChain price prediction for 2024 is explained below with a daily time frame.
ZETA/USDT Horizontal Channel Pattern (Source: TradingView)
In the above chart, ZetaChain (ZETA) laid out a horizontal channel pattern. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. the exit often occurs at the fourth contact point on one of the horizontal channels lines.
At the time of analysis, the price of ZetaChain (ZETA) was recorded at $2.39. If the pattern trend continues, then the price of ZETA might reach the resistance levels of $2.5588 and $2.9410. If the trend reverses, then the price of ZETA may fall to the support of $2.3903, and $2.2289.
ZetaChain (ZETA) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of ZetaChain (ZETA) in 2024.
ZETA/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of ZetaChain (ZETA) for 2024.
| Resistance Level 1 | $2.6222 |
| Resistance Level 2 | $4.2152 |
| Support Level 1 | $1.8158 |
| Support Level 2 | $1.1499 |
ZETA Resistance & Support Levels
ZetaChain (ZETA) Price Prediction 2024 RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of ZetaChain (ZETA) are shown in the chart below.
ZETA/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current ZetaChain (ZETA) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $2.0556Price = $2.4062 (50MA < Price) | Bullish/Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 58.6314 <30 = Oversold 50-70 = Neutral>70 = Overbought | Neutral |
| Relative Volume (RVOL) | Assets trading volume in relation to its recent average volumes | Below cutoff line | Weak Volume |
ZetaChain (ZETA) Price Prediction 2024 ADX, RVI
In the below chart, we analyze the strength and volatility of ZetaChain (ZETA) using the following technical analysis indicators Average Directional Index (ADX) and Relative Volatility Index (RVI).
ZETA/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of ZetaChain (ZETA).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 39.4886 | Strong Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 49.42 <50 = Low >50 = High | Low Volatility |
Comparison of ZETA with BTC, ETH
Let us now compare the price movements of ZetaChain (ZETA) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs ZETA Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of ZETA is dissimilar to that of BTC and ETH. That is, when the price of BTC and ETH increases, the price of ZETA decreases, if the price of BTC and ETH decreases, the price of ZETA increases.
ZetaChain (ZETA) Price Prediction 2025, 2026 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of ZetaChain (ZETA) between 2025, 2026, 2027, 2028, 2029, and 2030.
| Year | Bullish Price | Bearish Price |
| ZetaChain (ZETA) Price Prediction 2025 | $8 | $1 |
| ZetaChain (ZETA) Price Prediction 2026 | $11 | $0.9 |
| ZetaChain (ZETA) Price Prediction 2027 | $14 | $0.8 |
| ZetaChain (ZETA) Price Prediction 2028 | $17 | $0.7 |
| ZetaChain (ZETA) Price Prediction 2029 | $19 | $0.6 |
| ZetaChain (ZETA) Price Prediction 2030 | $21 | $0.5 |
Conclusion
If ZetaChain (ZETA) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish ZetaChain (ZETA) price prediction for 2024 is $4.2152. Comparatively, if unfavorable sentiment is triggered, the bearish ZetaChain (ZETA) price prediction for 2024 is $1.1499.
If the market momentum and investors sentiment positively elevate, then ZetaChain (ZETA) might hit $5. Furthermore, with future upgrades and advancements in the ZetaChain ecosystem, ZETA might surpass its current all-time high (ATH) of $2.57 and mark its new ATH.
FAQ
1. What is ZetaChain (ZETA)?
ZetaChain emerges as a groundbreaking Layer 1 blockchain with inherent chain-agnostic interoperability, seamlessly connecting various blockchains such as Ethereum, Cosmos/IBC, Bitcoin, Dogecoin, and Tron
2. Where can you buy ZetaChain (ZETA)?
Traders can trade ZetaChain (ZETA) on the following cryptocurrency exchanges such as OKX, HTX, Bybit, Coinbase Exchange, Gate.io, KuCoin, and others.
3. Will ZetaChain (ZETA) record a new ATH soon?
With the ongoing developments and upgrades within the ZetaChain Platform, ZetaChain (ZETA) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of ZetaChain (ZETA)?
ZetaChain (ZETA) hit its current all-time high (ATH) of $2.57 on Feb 14, 2024.
5. What is the lowest price of ZetaChain (ZETA)?
According to CoinMarketCap, ZETA hit its all-time low (ATL) of $0.5489 on Feb 01, 2024.
6. Will ZetaChain (ZETA) hit $5?
If ZetaChain (ZETA) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $5 soon.
7. What will be the ZetaChain (ZETA) price by 2025?
ZetaChain (ZETA) price might reach $8 by 2025.
8. What will be the ZetaChain (ZETA) price by 2026?
ZetaChain (ZETA) price might reach $11 by 2026.
9. What will be the ZetaChain (ZETA) price by 2027?
ZetaChain (ZETA) price might reach $14 by 2027.
10. What will be the ZetaChain (ZETA) price by 2028?
ZetaChain (ZETA) price might reach $17 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the authors. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Read more: https://thenewscrypto.com/zetachain-zeta-price-prediction/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
