The 50-day SMA indicates the average price of Augur v2 over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive REPv2 price trend in the medium term, while a dropping SMA indicates the opposite. Augur’s 50-day SMA (simple moving average) is currently $ 2.60. The 50-day SMA indicates the average price of Augur over a 50-day period. A rising 50-day SMA indicates a positive REP price trend in the medium term, while a dropping SMA indicates the opposite.
Augur gained 41th rank on highest market cap list by beating Theta, ICON and Qtum. $17.47 is best price of 2020 so far, as of writing on May 2020. The prediction market response or creator prediction was seen in huge number. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors.
How to buy Augur (REP)?
It was first established in 2016 and rebranded to provide news and updates about cryptocurrency and blockchain world. Many platforms and analysts think that the price of Augur will continue to grow in the next 5 years, surpassing the $9.69 mark by the end of 2025. REP and other Cryptocurrencies are very volatile and can change direction at any time.
Many cryptocurrency traders pay close attention to the markets when the current Augur price crosses an important moving average like the 200-day SMA. It seems that the average price of Augur might reach $1.97 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $9.41. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc. Going even further, considering all previous highs and lower time frame prognoses, the prediction for 2040 is $44.48. The Augur platform’s native cryptocurrency, REP, is built on the Ethereum Blockchain.
How much will Augur be worth in 2030?
Ultimately, the lost assets are shared with those who reported with the consensus. During 2021 bullish market trend, Rep Token was trading at $60 USD at highest price and comparing with that price point then token price dropped to $7.2 USD. Comparing last 1 year price then Augur remain in bearish trend and even after contract upgrade there is no positive movement from project. However, Augur lost their ranking from top 200 crypto projects. This is a short-term price prediction/forecast, includes only the next 10 days, updated every 5 hours. On the daily chart, exponential moving averages show a bearish signal.
It has a circulating supply of 11,000,000 coins and an uncapped maximum supply. The token is available for purchase on many exchanges, including Binance, Kraken, CoinTiger, DigiFinex, and KuCoin. REP is a utility token in Augur that powers it and remains pivotal in Augur’s success as a forecasting tool. Fortunately, unlike other protocols, traders on Augur do not need to own REP to bet on the platform. This is because its primary use on the platform is for the event outcome reporting process. Also, since Augur runs on Ethereum, purchasing prediction market shares are available to ETH token holders.
REP Price Statistics
Augur traders use a variety of tools to try and determine the direction in which the REP market is likely to head next. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Augur. The Fear & Greed Index can be a useful measure of Augur investors’ sentiment, and is based primarily on Bitcoin-related market data. After the analysis of the prices of Augur in previous years, it is assumed that in 2024, the minimum price of Augur will be around $$2.79. Since Augur became operational in 2015, it has remained one of the Blockchain’s space top betting markets.
If the upward trend continues until 2025, it could reach $5.15 and REP may profit. REP is expected to trade at an average price of $4.71 and a low of $4.41 in 2025. Three of the most common technical indicators utilised in the REP/USD study are moving averages, oscillators, and pivot points.
Simple moving averages
Our market forecast indicates that by 2030, REP could reach a new all-time high of $14.01. The future of Augur is highly dependent on the overall performance of the crypto industry. When it comes to investing in REP, you need to make sure that you are using the right strategy. This type of investment is not suited for those with an asymmetric risk profile. However, it is still an excellent investment for those who have a high tolerance for risk and a solid financial position.
- A rising 50-day SMA indicates a positive REPv2 price trend in the medium term, while a dropping SMA indicates the opposite.
- A long-term investment in the currency may prove to be extremely beneficial.
- The highest expected price our algorithm estimates is $ 5.72 by Jan 1, 2029.
In the middle of the year 2023, the REP price will be traded at $$3.85 on average. November 2023 might also witness an increase in the Augur value to $$4.76. It is assumed that the price will not hextra coin price drop lower than $$2.94 in November 2023. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.
Augur v2 Key Price Levels
Coin monitoring services have shown that Augur is a hot token right now. Augur Coin quickly became a sensation in the cryptocurrency market after its release and can now be bought, sold, and traded on all the major exchanges. Without a question, the Augur Coin has a bright future and a solid plan for development. If you’re looking for the Augur Coin price prediction or finding the potential of the REP token, this price forecast can be helpful for you. Our price forecast is based on technical analysis and the current performance of Augur.
As we found through Coin tracking websites, Augur is a trending Token in the market. Just after its launch, Augur Coin gained the huge attention of the crypto community and is now available on the most popular exchanges for public trading. The Augur Coin has undoubtedly a great future that has a roadmap for growth.
However, the market has since become competitive, with a top name like Gnosis making waves. Issues around speed, scalability, and performance marred the platform’s original software launch. However, most of these problems were solved when the platform released its second version (v2) in July 2020. Apart from high scalability and increased performance, its v2 added new crypto bespoke tools suite. This suite includes IPFS, MakerDAO’s Dai, 0x Mesh, and Uniswap’s pricing oracles.