Chedda Token is a blockchain-based transaction service that connects the blockchain to reinvent the conventional payment architecture. The system has exchanged an approximated $299 billion for over 2 million customers as of December 2020. Sign up for our daily https://cryptolisting.org/ newsletter for the latest financial news and trending topics. Get advice on achieving your financial goals and stay up to date on the day’s top financial stories. There are a couple of steps to follow in order to buy chedda crypto from each exchange.
- According to our Chedda forecast, the price of Chedda will decrease by -7.28% over the next week and reach $ 0.0₅5788 by February 4, 2024.
- Probably not, and that’s because the chedda token is the first of its kind.
- The Fear & Greed Index can be a useful measure of Chedda investors’ sentiment, and is based primarily on Bitcoin-related market data.
The remaining 2% contributes to the promotion and program management. Chedda is a depreciating cryptocurrency as a consequence of this. Chedda is an Ethereum-based, self-proclaimed, cultural coin constructed as an ERC-20 currency. Throughout this article, we will explore the crypto token’s basic analysis and predictions for the future. Chedda offers a number of attractive perks for its holders. However, as a long-term investment, the upside may be limited.
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According to professionals and business analysts, Chedda Token might hit a high of $1.3 by 2030. However, we believe CHEDDA may trade at a price of $0.009 on average. Chedda is a decentralized culture token on the Ethereum blockchain. Uniquely, chedda token holders get special VIP access to certain non-fungible token drops, such as tickets to social, entertainment, travel and sports events. The total circulating supply of Chedda Token at the time of writing is 49.47B and the market cap of CHEDDA remains at $0.
A rising Chedda 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that CHEDDA has been trending downwards over the long term. The second quarter of this year looks to have a massive role in the cryptocurrency’s positive valuation. CHEDDA’s highest price, on the other hand, is roughly $0.009. 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. The Fear & Greed Index can be a useful measure of Chedda investors’ sentiment, and is based primarily on Bitcoin-related market data.
As the periodic supply shrinks and the token’s price increases throughout time, customers will be able to retain their tokens for extended periods of time. First, token holders get exclusive access to NFT drops with tickets to events and conferences with DJs, influencers, athletes and other guest speakers. The second benefit is that the price of chedda can appreciate if there is enough demand. It’s important to note that transactions can be made using only certain cryptocurrency pairs. Uniswap will transact only in ethereum, and BitMart will let people buy chedda tokens only with tether. According to our Chedda forecast, the price of Chedda will decrease by -7.28% over the next week and reach $ 0.0₅5788 by February 4, 2024.
The Chedda price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Chedda projections, CHEDDA will be changing hands at $ 0.0₅6489 on Feb 6, 2024, gaining 3.96% in the process. Every trade with Chedda incurs a 3% charge, of which 1% is burned permanently, and the remaining 2% is paid to the Chedda team for further project development.
Therefore, Chedda is a bearish investment since it destroys currency on every exchange. On the other hand, the Chedda team takes good care of its employees and its users. Stage 4 will include a premium Chedda chedda token price prediction event for top Chedda holders and an aim for 50,000 wallet holders, and a market cap of $1 billion. Chedda is a decentralized cultural coin that was established as an ERC-20 coin on the Ethereum blockchain.
The next step also included reaching a minimum of 2,500 wallet holders, which was also achieved. Finally, Chedda opened up a merch store which grew in popularity. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. Based on multiple technical quantitative indicators, the current forecast for Chedda in 2024 is bearish. This could be an indication that Chedda is a bad buy in 2024. Price Predictions.net sees the cryptocurrency’s future as positive, with plenty of upward potential and minimal downside risks.
The current Chedda sentiment is bearish according to our technical analysis. After 2024, the price range of Chedda Token may attract a large number of people to the network, and CHEDDA might reach $0.36 by 2025 as a result. On the other hand, CHEDDA could trade at a minimum of $0.08 this year.
Popular CHEDDA Moving Averages and Oscillators for Tue, Jan 30, 2024
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 34.39, which indicates that the CHEDDA market is in a neutral position. Chedda Token has the ability to reach greater levels in terms of profitability. As a result, the price of CHEDDA could increase in the coming years.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The Chedda price prediction on CoinCodex is calculated using the historical Chedda price dataset, accounting for past volatility and market movements.
Chedda Price Prediction 2030
According to our historical data, it is currently not profitable to invest in Chedda. The price of Chedda decreased by -94.78% in the last 1 year. Chedda is predicted to gain 0.00% and reach a price of $ 0.0₅6242 tomorrow.
Chedda Key Price Levels
Chedda’s 50-day SMA (simple moving average) is currently $ 0.0₅6140. The 50-day SMA indicates the average price of Chedda 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 CHEDDA price trend in the medium term, while a dropping SMA indicates the opposite. According to our Chedda price prediction, CHEDDA is forecasted to trade within a price range of $ 0.0₅6242 and $ 0.0₅5950 this week. Chedda will decrease by -4.67% and reach $ 0.0₅5950 by Feb 05, 2024 if it reaches the higher value target.
Based on our Chedda forecast, it’s now a bad time to buy Chedda. Chedda Token may have a great year in 2026, as the price looks to reach the $0.40 level, implying that the average price of Chedda Token might be $0.35. CHEDDA’s maximum price, on the other hand, might reach $0.056 in 2026, setting new highs. After that, however, we cannot overlook the possibility of the market falling to the negative, which is common in cryptocurrency markets. So, according to our projection, CHEDDA’s minimum price in 2026 might be $0.24.
To get a better idea of what could happen to the Chedda price in the future, it’s helpful to also explore Chedda’s price history. Currencies that are positively correlated with Chedda indicate that the movement of one has a statistically significant weight to lead the other in the same direction. Based on today’s classical pivot point (P1) with the value of $ 0.0₅6254, Chedda has support levels of $ 0.0₅5778, $ 0.0₅5468, and the strongest at $ 0.0₅4992. Similarly, Chedda resistance levels are at $ 0.0₅6563, $ 0.0₅7040, and $ 0.0₅7349. The value of the Chedda Token is projected to grow in the future, as scarcity tends to drive up prices. However, please keep in mind that each investment has some risks.