AirSwap: A Decentralized Token Trading Platform

AirSwap is a new decentralized trading platform that will accept cryptocurrencies such as Bitcoin, Litecoin and Ethereum for free. The platform’s mission is to create an open-source system enabling trading between users of different cryptocurrencies without the need for a third-party intermediary. It also seeks to create a marketplace that converts cryptocurrencies to other cryptocurrencies.

AirSwap is a decentralized exchange for Ethereum tokens. AirSwap works by implementing a peer to peer protocol for trading tokens, without any centralized hub or intermediary. This means that no third parties are needed, and the AirSwap network is completely decentralized. This is similar to how the Bitcoin blockchain works, except with Ethereum instead of Bitcoin.

  • The range of bullish AST price predictions is $0.26 to $0.73.
  • The price of AST may potentially approach $1 in the near future.
  • For 2021, the AST pessimistic market price forecast is $0.06.

We utilize data, price trends, RSI, and other information about AST to evaluate the cryptocurrency’s future movement in AirSwap (AST) price forecast 2021. 

AirSwap (AST) is an Ethereum-based, self-contained decentralized peer-to-peer token trading network. The AirSwap Token Trader is the name given to the current version of AirSwap’s decentralized exchange (DEX). The AirSwap platform allows users to communicate with one another about which tokens they wish to trade and at what price.

 AirSwap’s Current Market Situation (AST) 

At the time of writing, the AirSwap price was $0.2269, with a 24-hour trading volume of $2,704,018, according to CoinGecko. In the past 24 hours, however, AST has risen by 3.39 percent. 

AST is currently traded on Binance, Hotcoin Global, OKEx, Huobi Global, and ZT, among other cryptocurrency exchanges. 

Price Prediction for AirSwap (AST) in 2021

AirSwap (AST) is currently ranked 617th on CoinGecko. With a daily time period, the AST price forecast for 2021 is given below. 

The Ascending Channel Trend is shown in the graph above. An ascending channel pattern is used to depict an upward trend in the price of an asset. This price pattern is characterized by higher highs and lower lows. It’s made up of two upward-sloping trend lines drawn above and below a price series that represents resistance and support levels. Crypto traders may trade in the direction of a breakthrough or breakdown or swing trade between the pattern’s support and resistance levels.

If the bull trend continues, the AST may hit $1.489 on the daily time frame chart. Otherwise, if the AST price breaks through the $0.311 resistance level, it will fall to the next support level. As a result, the AST’s trend is dependent on the breakout.

Support and Resistance Level for AirSwap (AST)

The chart below depicts AirSwap’s support and resistance levels (AST). 

AirSwap Price Prediction 2021 – Will AST Hit $1 Soon? Support and Resistance Levels in AST/USDT (Source: TradingView)

According to the aforementioned chart, the resistance and support levels for AST are as follows.

  • $0.26 is the first level of resistance.
  • $0.39 is the second level of resistance.
  • $0.73 is the second level of resistance.
  • Level 1 Support – $0.14
  • Level 2 Support – $0.09
  • Level 3 Support – $0.06

The bullish performance of AST during the past month is shown in the chart. This trend, however, will shortly hit a resistance level of $0.73. Furthermore, if the trend were to reverse, AST might fall below $0.06, indicating a bearish indication.

Average Directional Index (AST) of AirSwap (ADX)

Let’s have a look at the Average Directional Index (ADI) of AST (ADX). The ADX, in particular, aids traders in assessing the strength of a trend as opposed to its direction. It may also be used to see whether the market is shifting or if a new trend is about to start. However, it is connected to the Directional Movement Index (DMI).

The oscillator also has a range of 0 to 100. Furthermore, a high number indicates a strong trend, while a low value indicates a weak trend. It’s also often used in conjunction with directional indicators.

The ADX of AST is in the range of 83.4783 in the above chart, indicating a very strong trend. This suggests that the ADX price may continue to rise in the future.

Conclusion

The AST is a cryptocurrency that is ideal for long-term investment. Furthermore, the AST price forecast is positive in the near future. By the end of the year, it has a strong probability of hitting $0.26. This, however, will only happen if a number of prior psychological obstacles are overcome.

Furthermore, with the improvements and updates to the AST ecosystem, AST’s performance is expected to increase to $0.73 in the near future. However, if investors think that AST is a solid investment in 2021, it might reach $1.

Disclaimer: The views stated in this graph are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.

As usual, the post is going to be an intro to AirSwap’s price prediction for the upcoming quarter (as a percentage of Bitcoin’s price).. Read more about airswap coin price and let us know what you think.

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