The Selfkey project is a decentralized identity management system that will allow users to own, control and manage their digital identities.
The selfkey coin price prediction 2025 is a prediction that the KEY coin will hit $0.05 by 2025.
- The range of bullish Selfkey KEY coin price predictions is $0.0123 to $0.03
- The price of the KEY coin may potentially hit $0.05 in the near future.
- $0.005 is a key negative market price forecast for 2021.
We utilize data, price trends, RSI, and other information about KEY coin to evaluate the cryptocurrency’s future movement in Selfkey KEY coin price forecast 2021.
Selfkey is a blockchain-based identification platform. Individuals, businesses, exchanges, fintech startups, and banks may all use Selfkey. The Selfkey (KEY) is utilized in the ecosystem to keep track of what’s going on and guarantee smooth transaction processes.
The KEY coin price is now trading at $0.008369, with a 24-hour trading volume of $7,944,182 according to CoinGecko. Selfkey, on the other hand, has risen by 26.79 percent in the past 24 hours.
Selfkey also has a 4.61B KEY supply in circulation. KEY coin is currently traded on Binance, CoinTiger, KuCoin, HitBTC, and ExMarkets, among other cryptocurrency exchanges.
Price Prediction for Selfkey KEY Coin in 2021
The Selfkey (KEY) coin is currently ranked 573rd on Coingecko. The price of Selfkey KEY coin in 2021 is forecasted using a daily time period.
Symmetric Triangle Pattern (KEY/USDT) (Source: TradingView)
The Symmetrical Triangle patterns are shown in the graph above. A symmetrical triangle consists of a downward diagonal rising trend line and an upward diagonal descending trend line in general. When a price rises, it will almost certainly break through the upper trend line, and in an uptrend, the price will rise or fall. A break of a lower trend line leads to a price decrease and a downward trend.
If the bull trend continues, the KEY currency may hit $0.034 on the daily time frame chart. Otherwise, if the KEY price breaks through the $0.0068 support level, it will fall to the next support level at $0.0033. As a result, the KEY coin’s trend is dependent on the breakout.
KEY RESISTANCE AND SUPPORT LEVELS
The chart below depicts KEY’s support and resistance levels.
Support and Resistance Levels for KEY/USDT (Source: TradingView)
The resistance and support levels of KEY are clearly visible in the above daily time frames.
- $0.012845 is the first level of resistance.
- $0.019397 is the second level of resistance.
- $0.034443 is the third level of resistance.
- Level 1 Support – $0.007157
- Level 2 Support – $0.004938
- $0.003184 – Support Level 3
Over the last month, the charts indicate that KEY coin has been in a bullish trend. If the current trend continues, XDC may join the bulls and break over the $0.034 resistance level.
If investors turn against crypto, the price of KEY may fall to almost $0.005, signaling a negative indication.
Average Directional Index (KEY) Selfkey (ADX)
Let’s take a look at KEY’s average directional index (ADX). The Average Directional Index (ADX) is a tool that helps crypto traders determine the strength of a trend rather than its actual direction. It may be used to see whether the market is shifting or if a new trend is starting. It contains the ADX line and is linked to the Directional Movement Index (DMI).
The oscillator has a range of 0 to 100. A high number indicates a strong trend, while a low value indicates a weak trend. It is often used in conjunction with directional indicators.
ADX KEY/USDT (Source: TradingView)
The ADX of KEY remains above the range of 23, indicating a weak trend, as seen in the chart above. A significant price reversal may occur shortly.
The KEY currency is one of the few cryptos that has managed to hold its ground in a negative market. Our long-term KEY coin price forecast for 2021 is also positive. This year, it has a good chance of surpassing its current all-time high of $0.043. However, this can only happen if it overcomes a number of previous psychological barriers.
Furthermore, the KEY ecosystem may have a bright future ahead of it in 2021, thanks to continuous improvements and enhancements. If investors have anticipated that KEY coin is a solid investment in 2021, it may hit $0.03 quickly, and it may even reach great heights, but it may only reach $0.05.
Disclaimer: The author’s viewpoint is the only one represented in this graph. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.
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