One of the BTC’s descendants, eCash has already proved itself to be not just a new trendy thing by climbing to the top-50 coins by market cap — and staying there for some time. After such an exciting start, though, what many people want to know is: is now a good time to invest in eCash? If you’re one of them, you might want to look at XEC price prediction — and after that, you will know just a little bit more.
Back
eCash Price Prediction: Can Bitcoin Cash ABC Cryptocurrency Price Soar after Rebranding into eCash?
Swap Tracker
Wanna get a free genesis NFT and cashback for XEC swaps?
Table of Contents
eCash Fundamental Analysis
Project name
eCash
Stock Symbol
XEC
Current Price
0.00003762
Current Supply
19297089646789.06
Official Website
ECash (XEC) is a cryptocurrency on the Bitcoin Cash ABC network — a result of a hard fork of Bitcoin Cash that occurred in 2020. The coin was initially called Bitcoin Cash ABC too (BCHA), but was redenominated 1:100000 and rebranded to eCash in July 2021.
The history of the Bitcoin Cash ABC network is controversial. A few years before BCHA forked off BCH, BCH itself split away from Bitcoin Core, or just Bitcoin. This was caused by disagreements among the team and the community about the scalability of Bitcoin with its block size cap of 1 MB and usefulness as a payment method. As a result, Bitcoin Cash was made, with larger block size, therefore supporting higher transaction throughput.
Bitcoin Cash ABC was split off later because its core developer group was in favor of imposing “miner tax”. 8% of each block’s coinbase (newly mined coins which normally go to the successful miner as a block reward) would be sent to the address belonging to the developers as an incentive to work on the protocol. This idea was not received well by the community, and BCHA forked off BCH with almost no hashpower.
After rebranding to eCash, the network also made plans to integrate the Proof-of-Stake consensus protocol to help speed up the transactions. Experts also note that there is a focus on EVM compatibility, which may mean plans for interoperability with Ethereum-based projects.
eCash Live Price Chart
ECash started slow, trading at around $0.00002 for the better part of July 2021. Later XEC price started going up and climbed throughout August towards $0.00006–$0.00008. In September, XEC experienced a price surge, reaching a high of almost $0.0004 on September 4. Although after this XEC went through a slight price correction, it’s been trading in the ~$0.0002–$0.0003 zone, which is still very good for this coin. This makes eCash price predictions very hopeful.
eCash Technical Analysis
Despite the fact that 100% accurate technical analysis for eCash cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated XEC buy-and-sell rating for selected timeframe. The summary for XEC/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
eCash Price Prediction
Below we have collected the most reliable price projections for eCash (XEC) from popular forecast platforms.
eCash Price Prediction for 2023
As for eCash price predictions for 2023, there are divergent opinions. WalletInvestor expects an upturn towards $0.000048, and TradingBeast echoes with ~$0.000059 by the year’s end. Other experts, for example, from PricePrediction.net, are more pessimistic about eCash’s future price, citing numbers downwards of $0.000007 in December.
Potential ROI:
0%
Buy
eCash Price Prediction for 2024
In their eCash price predictions for 2024, PricePrediction.net’s forecasts the coin’s price to go above $0.000065 by December. Forecasting eCash's future, TradingBeast expects further growth, too, saying the eCash price will reach ~$0.000082 by that time. On the contrary, WalletInvestor keeps predicting eCash price decline, quoting prices around ~$0.000024 in 2024.
Potential ROI:
51%
Buy
eCash Price Prediction for 2025
The experts are unanimous in their eCash price forecasts for 2025 — everybody expects eCash’s price to grow by the end of that year. PricePrediction.net predicts the price growth reaching $0.00004. According to TradingBeast’s research, eCash’s price can go up to $0.000098. WalletInvestor’s forecast is also positive: its analysts hold the view that by 2024 eCash’s price will be about $0.000061.
Potential ROI:
76%
Buy
eCash Price Prediction for 2026
Both WalletInvestor and TradingBeast predict the eCash market to grow in 2026, resulting in $0.000049 and $0.000111 by the end of the year respectively. Other eCash price forecasts support the idea: PricePrediction.net forecasts eCash to reach $0.000056 by December 2026.
Potential ROI:
92%
Buy
eCash Price Prediction for 2030
Speaking of long-term eCash price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that eCash price will grow further and eventually reach $0.000045 by the end of the decade. WalletInvestor’s price prediction for eCash echoes with the projection of an uptrend to $0.000057. Despite this, PricePrediction.net’s vision remains not so positive, promising a downfall to $0.000014.
Potential ROI:
3%
Buy
Summary
As it can be clear from the analysis cited above, eCash (XEC) projections are rather contradictory. There is no universal consensus either about positive or negative future XEC price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the eCash 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).
Disclaimer:
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.
