Will NEST Coin Reach $1? Price Predictions 2024-2030
What are the Signals and Predictions?
| Overall Outlook | Neutral |
| 1. Market's Wisdom | Bullish |
| 1a. Market Data | Bullish |
| 1b. Technical Recommendation | Neutral |
| 2. Crowd's Wisdom | Partially Bearish |
| 2a. Social Media Buzz | Lower |
| 2b. Social Media Sentiment | Steady |
In the next few hours, the overall sentiment for NEST crypto price is Partially Bearish. The first level of support for NEST is at $0.002691 while the first level of resistance for NEST Price is at $0.002726. If NEST fails to hold above its first level of support, $0.002676 will be the immediate support. The Signals Table above encompasses other factors including social media.
Summary: Partially Bearish
| Technical Indicators: | Neutral | Buy: (3) | Sell: (1) |
| Moving Averages: | Strong Sell | Buy: (0) | Sell: (8) |
Oscillators
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 41.65, which indicates that the NEST market is in a Buy position.
The Moving Average Convergence Divergence (MACD) is a popular technical analysis indicator used to analyze financial markets, including the cryptocurrency market which signals to Sell (below 0) or Buy (above 0). Currently, the MACD value is at -0.0001631, which indicates that the NEST market is in a Buy position.
| Name | Value | Action |
|---|---|---|
| RSI | 41.65 | Buy |
| CCI | -61.38 | Neutral |
| Awesome Oscillator | -0.0002922 | Buy |
| Momentum | -0.0002100 | Sell |
| MACD | -0.0001631 | Buy |
| StochRSI | 46.03 | Neutral |
| Williams’ %R | -68.93 | Neutral |
| Ultimate Oscillator | 44.23 | Neutral |
Moving Averages
| Name | Value | Action |
|---|---|---|
| SMA (10) | 0.002736 | Sell |
| SMA (50) | 0.003253 | Sell |
| SMA (100) | 0.003624 | Sell |
| SMA (200) | 0.003760 | Sell |
| EMA (10) | 0.002746 | Sell |
| EMA (50) | 0.003189 | Sell |
| EMA (100) | 0.003508 | Sell |
| EMA (200) | 0.004278 | Sell |
Pivot Points
Based on today's classical pivot point (P) with the value of $0.002711, NEST has support levels of $0.002691, $0.002676, and the strongest at $0.002656. Similarly, NEST resistance levels are at $0.002726, $0.002746, and $0.002761.
| Classic | |||||||
|---|---|---|---|---|---|---|---|
| S3 | S2 | S1 | P | R1 | R2 | R3 | |
| $0.002656 | $0.002676 | $0.002691 | $0.002711 | $0.002726 | $0.002746 | $0.002761 | |
- RSI - Relative Strength Index
- CCI - Commodity Channel Index
- MACD - Moving Average Convergence Divergence
- SMA - Simple Moving Average
- EMA - Exponential Moving Average
NEST Protocol Price Prediction 2024-2025-2030, Aggregated
| Nest Protocol Price Prediction 2024 | $0.00821 |
| Nest Protocol Price Prediction 2025 | $0.0158 |
| Nest Protocol Price Prediction 2026 | $0.0250 |
| Nest Protocol Price Prediction 2027 | $0.0357 |
| Nest Protocol Price Prediction 2028 | $0.0500 |
| Nest Protocol Price Prediction 2029 | $0.0757 |
| Nest Protocol Price Prediction 2030 | $0.121 |
Will NEST Coin reach $1?
To reach $1, NEST will need to rise 368x. At $1, the target market cap will be approximately $2.91 billion. If NEST were to rise at the pace of 25%, it will take approximately 27 years to reach $1.Therefore, NEST is unlikely to reach $1 anytime soon. However, if 75-90% of the Tokens were destroyed, the chances go up significantly.
Competitor analysis: NEST Protocol vs Chainlink
As we have discussed the NEST protocol is a decentralized oracle that is based on the Ethereum blockchain and it provides creative solutions regarding price prediction.
Note that the NEST protocol verifies the price of the asset to ensure the authenticity and accuracy of the information along with avoiding the risks of centralization.
NEST protocol is often compared with Chainlink and MakerDAO. Chainlink is also a decentralized oracle network and allows blockchains to interact securely.
Though the business models of all protocols are slightly different, their dependence on Oracle networks makes these networks pretty similar.
~Charu Taneja
Note: Please consult a registered investment advisor to guide you on your financial decisions.