Despite the fact that 100% accurate technical analysis for Obyte cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated GBYTE buy-and-sell rating for selected timeframe. The summary for GBYTE/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Below we have collected the most reliable price projections for Obyte (GBYTE) from popular forecast platforms.
#1. WalletInvestor GBYTE Price Prediction for 2021, 2023, 2025
According to WalletInvestor, Obyte price will grow from $28.783033074 to $36.979 in one year. That makes GBYTE an awesome investment. The long-term earning potential is 28.47%. Predicted price for the end of 2026 is $76.172.
#2. TradingBeasts GBYTE Price Prediction for 2022
Answering the question about if Obyte is a good investment, TradingBeasts say a resounding no. In the 2021 perspective, this coin price is predicted to reach $25.174 with a reduction to $20.638 by the end of 2022.
#3. DigitalCoin GBYTE Price Forecast for 2021, 2022, 2023, 2025
In DigitalCoin analysis, the price of Obyte cryptocurrency will rise in the next 5 years starting from $28.6579 as of today’s price to $103.8559152. It will go up to $48.5634111 by 2022 and starts its reduction in 2023-2024. Based on this forecast, Obyte is a profitable long-term investment.
As it can be clear from the analysis cited above, Obyte (GBYTE) projections are rather contradictory. There is no universal consensus either about positive or negative future GBYTE price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Obyte projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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