The table below illustrates the percentage of profitability based on the timing of the investment. ✔️ByBit for leveraged trading (✔️Margex for really crazy leverages). This graph contains dummy data, create an account to view the real predictions. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
It is not an offer to buy or sell any security, product, service or investment. TomoChain is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it. The price of TOMO in 5 years could lie around $ 2.50, according to Captainaltcoin’s prediction model. It’s important to note that the content on the Bitnation website shouldn’t be considered investment advice. Over the last 7 days, TomoChain has been showing bearish signs, we expect a slight recovery within the next week as investors take advantage of this dip as a good time to buy TOMO.
What is TomoChain’s price prediction today?
Generally, any coin that is not related to alcohol, adult industry, gambling or interest yielding activities (through lending & borrowing) is allowed for muslims, in principle. We advise you do more research and consult religious scholars on this matter. TomoChain has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees TomoChain rising up to $7.14 in 2030. A good charting tool is a must if you want to try yourself out as a day-trader. ✔️Tradingview is best known but ✔️Bitsgap✔️Coinrule✔️Cryptohopper are also excellent plus they allow automated trading.
The end goal of this undertaking is to build an improved blockchain architecture for decentralized apps’ (DApps) interoperability and security. TomoChain offers smart contract scalability, a feature that tries to overcome Blockchain’s problems by enabling it to process more transactions per second. This significantly increases the usefulness of smarter contracts in practical scenarios and applications. Based on the our new experimental TomoChain forecast, the price of TomoChain will fall by -2.78% over the next week and reach $1.33 by August 18, 2023. All content on CaptainAltcoin is provided solely for informational purposes.
About TomoChain (TOMO)
The Peer to Peer lending platform uses different order booking algorithm to give fast transaction experience for user. Aim of this project is provide liquidity, scalability and security with decentralized network, however, network promises to complete 2000 transaction per second. The masternodes playing important role in the ecosystem along with staking, as it supports ICO, stablecoins and other Decentralized Apps project.
- Just like with any other asset, the price action of TomoChain is driven by supply and demand.
- The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data.
- But 100x price explosions are a common sight in crypto, so a $10k investment in TomoChain could make you a millionaire.
- Generally, any coin that is not related to alcohol, adult industry, gambling or interest yielding activities (through lending & borrowing) is allowed for muslims, in principle.
The highest voted candidates are selected as masternodes for block creation within an epoch. TomoСhain supports decentralized applications and token releases, built on the instant confirmation, almost zero transactional collection. The central element of the roadmap for adoption are innovative Layer-2 solutions such as TomoX-decentralized exchange protocol, TomoZ- gasless transfer protocol. TomoСhain will support the transfer of tokens on other public chains to TomoChain via its TomoBridge solution.
year Tomochain price prediction
The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of loci coin moving averages, simple moving average (SMA) and exponential moving average (EMA). Founded in 2013, Bitcoin Wisdom strives to provide informative and accurate bitcoin news, price predictions, investing guides and exchange reviews.
Below you can see the TomoChain hourly, daily, weekly and monthly price predictions. These predictions aim to give you an indication of what TomoChain will be worth in one hour, today, tomorrow, over the next week and next month. Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. TomoChain traders use a variety of tools to try and determine the direction in which the TOMO market is likely to head next.
TomoChain (TOMO) Price Prediction/Forecast for 2023, 2024, 2025 and 2030
As of writing this article, TOMO had a trading volume of $7,710,818. We also gather additional information from different sources to ensure we cover all necessary data or events. This is a short-term price prediction/forecast, includes only the next 10 days, updated every 5 hours. Going even further, considering all previous highs and lower time frame prognoses, the prediction for 2040 is $44.43.
Today, Tomochain (TOMO) is trading at $1.37 with a total market capitalization of $139,400,384. While the RSI is in neutral position for the short to mid-term, the MACD levels for the same period suggest selling. The overall technical indicators for TomoChain indicate a bullish run. Many experts and traders believe that TomoChain has been a great investment for a long time. Therefore, it is guaranteed that the investment will yield a good return.
50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the TOMO price moves above any of these averages, it is generally seen as a bullish sign for TomoChain. Conversely, a drop below an important moving average is usually a sign of weakness in the TOMO market.
Editor-in-Chief of the BitcoinWisdom site, I’m responsible for ensuring all the content on our website is accurate, relevant, and helpful. I am a cryptocurrency advocate and I have been following the crypto space since early 2012. I have written extensively about Bitcoin and my work has appeared in some of the most respected publications. Tomochain proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that TOMO is a good choice of investment.
Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including TomoChain. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.
TomoChain Network FAQ
TomoChain’s long term Price Prediction below is a look at TOMO’s future prospect with regards to price. TomoChain was last seen at $1.37, with a market cap of $132,325,698 and trading volumes of $7,710,818. TOMO’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community. TomoChain’s future appears to be on an upward trend, with an maximum price of $2.82 projected after a period of five years.
- Based on the our new experimental TomoChain price prediction simulation, TOMO’s value in 2024 expected to grow by 103.72%% to $2.79 if the best happened.
- There is no specified amount you should invest in TomoChain, our best investment advice is to only invest what you can afford to lose.
- ✔️Tradingview is best known but ✔️Bitsgap✔️Coinrule✔️Cryptohopper are also excellent plus they allow automated trading.
- TomoChain is, just like all other cryptocurrencies, a risky investment.
- According to the latest data gathered, the current price of TomoChain is $1.53 and TOMO is currently ranked #162 in the entire crypto ecosystem.
At PricePrediction.Net we predict future TomoChain price predictions/TOMO forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of TomoChain. We do our best to collect maximum historical data for the TOMO coin which include multiple parameters like past price, TomoChain marketcap, TomoChain volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
The current TomoChain sentiment is neutral according to our technical analysis. Tomochain is Singapore based scalable blockchain project relies on Voting Proof of Stake (PoSV) consensus focusing on product line users in the real world. The network is based on open Ethereum virtual machine to achieve almost zero transaction fees, less than 2 second transaction confirmation time, validation and random security. The basic goal of the project is to developed technology and innovative products to provide platform for Defi, DEX, Games and other enterprises dApps.