DBIX $1 13 DubaiCoin Price Chart, Value, News, Market Cap

This calculation shows how much cryptocurrency can cost if we assume that its capitalization will behave like the capitalization of some Internet companies or technological niches. If you extrapolate the data projections, you can get a potential picture of the future DubaiCoin-DBIX price for 2024, 2025, 2026, 2027, 2028, 2029 and 2030. As of December 30, 2024, the overall price prediction sentiment for DubaiCoin-DBIX is NEUTRAL , with 0 technical indicators showing bullish signals and 0 indicating bearish signals.

The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. The current DubaiCoin sentiment is bullish according to our technical analysis. To conclude, the United Arab Emirates proposes a tax-friendly environment and an advanced regulatory framework for cryptocurrencies. This makes the United Arab Emirates an engaging destination for cryptocurrency companies and investors. Still, there is a necessity to be aware of the latest regulations and ask for expert recommendations to ensure compliance.

The year 2023 has been eventful for DubaiCoin, prompting a simplified price prediction categorized into short-term and long-term expectations. The current trading volume for DubaiCoin has decreased by 0% over the past 30 days. Analysts predict that dYdX will experience renewed growth in 2024, with the potential for strong market performance. As the year progresses, DYDX is expected to gradually rise in value, reaching around €3.37 by the end of 2024. When trying to make a DubaiCoin forecast, many traders also try to monitor the activity of DBIX “whales”, which are entities and individuals that control large amounts of DBIX.

1. It’s crucial to note that our prediction is provided for informational purposes only and should not be considered as investment advice.
2. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70).
3. The current trading volume for DubaiCoin has decreased by 0% over the past 30 days.
4. The table above shows the number of days which DubaiCoin closed above a certain price level.
5. They are a lagging indicator which means they are influenced by historical price activity.
6. Below is the chart illustrating the short-term price prediction for DubaiCoin.

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 DubaiCoin price prediction on CoinCodex is calculated using the historical DubaiCoin price dataset, accounting for past volatility and market movements.

Other DubaiCoin facts

Just like with any other asset, the price action of DubaiCoin is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of DBIX. The market capitalization of DubaiCoin can change significantly in a short period of time.

1. Moving averages are among the most popular DubaiCoin price prediction tools.
2. Each candlestick will display DBIX’s opening price, closing price, as well as the highest and lowest prices that DubaiCoin reached within the 1-hour period.
3. Seems legit shows the most accurate live prices, charts and market rates from trusted top crypto exchanges globally.
4. Considering the immense evolution of the cryptocurrency market, Dubaicoin or DBIX is the very first cryptocurrency that was launched by Dubai.
5. Analysts foresee that dYdX will gradually grow in 2030, with an expected price of €10.38 around July of that year.

How to read and predict DubaiCoin-DBIX price movements?

Based on the our new experimental DubaiCoin-DBIX forecast, the price of DubaiCoin-DBIX will increase by 5.22% over the next week and reach $1.34 by January 6, 2025. 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.

Many cryptocurrency traders pay close attention to the markets when the current DubaiCoin price crosses an important moving average like the 200-day SMA. Traders often identify candlestick patterns to gain an edge in cryptocurrency price predictions. Certain formations indicate bullish trends, while others suggest bearish movements. Trading and investing in digital assets is highly speculative and comes with many risks.

Market information dYdX

The closing price for DBIX in 2027 will stand around $0.3424, a +26.59% change from today’s price, presenting a promising opportunity to hold the coin during bullish trend. In the year 2024, DBIX is expected to increase to $0.2819 during an upward trend, however it could also potentially fall to $0.2512 if DBIX loses its momentum. The closing price for DBIX in 2024 will stand around $0.2529, a -6.49% change from today’s price, presenting a promising opportunity to hold the coin during bullish trend. By 2040, DubaiCoin (DBIX) price is estimated to vary within a trading range of $0.6371 and $1.03. In our expected positive outlook for 2040, DBIX could hit a closing price of $0.6371 during a bullish sentiment in that year, which presents a +135.59% change from today’s price.

There would be no wrong in saying that the United Arab Emirates possesses incredible economic strength because of all of its national resources as well as a growing economy. Acquisition of cryptocurrency in such a region will leave an impact on the financial market extensively. From triggering the #dMAmapping⇗⇗⇗⇗⇗⇗ buy alert, #DubaiCoin has seen a staggering growth of no less than x 8.24 to the current price of $29.58. We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views from the digital currency community experts. Our young and dynamic team is comprised of well-known journalists as well as Cryptocurrency & Blockchain Experts.

Moving averages are among the most popular DubaiCoin price prediction tools. As the name suggests, a moving average provides the average closing price for DBIX over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for DBIX is a sum of DBIX’s closing prices over the last 12 days which is then divided by 12. Moving averages are popular tools for DubaiCoin-DBIX price prediction.

Especially in the past decade as everything is prone towards digitization. Without a doubt, mobile phones were internet 2.0, because they literally changed everything. Cryptocurrencies are internet 3.0 as it’s a cause of the death of paper money.

DubaiCoin reached its highest price on 7 July, 2017, when it was trading at its all-time high of $ 49.07. DubaiCoin-DBIX’s price action is driven by supply and demand, influenced by factors like block reward halvings, hard forks, and protocol updates. Real-world events, such as regulations, adoption by companies and governments, dbix price prediction and cryptocurrency exchange hacks, also impact DBIX’s price.

A simple moving average (SMA) calculates the average closing price of DBIX over a specific period, like a 12-day SMA. An exponential moving average (EMA) gives more weight to recent prices, reacting faster to price changes. Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity.