eCash or XEC is presently priced at $0.00003372 (-1.47%) but in its best form since the past month (June 2023) and if you are planning to invest in $XEC, this blog will reveal everything you need to know.
Starting off with the fundamental basics of the cryptocurrency, here’s a brief overview:
Ticker Name | XEC |
Price | $0.00003372 |
Volume (24-h) | $89,904,369 (-12.56%) |
Market Cap | $656,484,340 |
Rank | #67 |
Circulating Supply | 19,433,392,173,293 XEC (93%) |
Total Supply | 19,433,392,173,293 XEC |
All-time High | $0.0003304 |
eCash has been a part of the cryptocurrency exchange for quite a while now as it used to be popularly known as Bitcoin Cash ($BCH) until the rebranding on July 1, 2021. Now having a different name, very little changed as all $BCHA tokens were transformed into $XEC with a ratio of 1:1 million. The token still uses proof-of-stake (PoS) to verify transactions and can complete over five million such transactions within just a second.
As impressive as that might sound, the use cases of eCash are still ensuring:
- Anonymous and immutable transactions that are almost free of cost.
- Fast and secure canonical global transactions for block processing.
- Expansion of protocol for consistent upgrades and uses.
Is eCash a Good Investment?
According to our analysis of eCash, it is evident that prices are not expected to rise much in coming times. However, it has shown significant growth considering its rebranding just two years back. The organization also celebrated their anniversary as eCash Day on July 1, 2023.
Making an investment into crypto tokens at its budding stage is quite risky, but can also be fruitful. Whether eCash is a good investment depends on your research and analysis.
eCash Price History
Price history of eCash is a great way to find out the past performance of a token, and here is a brief table with quarterly alterations since its launch.
Date | Min Price | Max Price |
Aug 2021 | $0.000032 | $0.000242 |
Dec 2021 | $0.000085 | $0.000153 |
Jan 2022 | $0.000064 | $0.000120 |
Apr 2022 | $0.000067 | $0.000161 |
Aug 2022 | $0.000036 | $0.000062 |
Dec 2022 | $0.000021 | $0.000030 |
Jan 2023 | $0.000022 | $0.000044 |
Apr 2023 | $0.000028 | $0.000033 |
eCash Price Prediction 2023 to 2050
The price predictions made below are based on technical analysis and fundamental insights of eCash ($XEC). Even so, cryptocurrencies are volatile (finance) so do not consider our views over any professional financial advice.
Year | Min Price | Max Price | Avg Price |
2023 | $0.000021 | $0.000055 | $0.000036 |
2024 | $0.000020 | $0.000038 | $0.000029 |
2025 | $0.000025 | $0.000040 | $0.000032 |
2030 | $0.000028 | $0.000042 | $0.000039 |
2035 | $0.000046 | $0.000081 | $0.000077 |
2040 | $0.000079 | $0.000103 | $0.000096 |
2045 | $0.000082 | $0.000126 | $0.000113 |
2050 | $0.000117 | $0.000595 | $0.000268 |
eCash Price Prediction 2023
Price prediction for eCash by the end of 2023 forecasts that numbers can reach a high and low of $0.000055 and $0.000021 respectively. Our analysis shows that the present market is not the best fitting for $XEC which is part of the damaged market sentiment around all cryptocurrencies. As several big players like Binance and FTX made exit from the US, the overall view over crypto as an investment is fairly downtrending now.
Due to this, we do not expect average prices of eCash to be any higher than $0.000036. Technical analysis suggesting Exponential Moving Average value of 0.00003357 indicating buy but other moving average indicators are suggesting just the opposite. It can be said that most indications suggest us not to invest in eCash for short-period goals.
eCash Price Prediction 2024
By 2024, our predictions of eCash made a forecast of a maximum price of $0.000038 with a low of $0.000020. Overall prices of $XEC are predicted to continue its downtrend till next year as well. In the present day, there are slight signs of prices reversing as oscillators such as the Relative Strength Index shows value of 47.14260770 with signs of buying the token.
Apart from the technical analysis, there are no strong signs that we will see average prices higher than $0.000029. However, we can see higher numbers as well if the projected bull run does take place before the end of 2024. In such instances, the overall cryptocurrency exchange is expected to get pumped up, and take prices over our predictions.
eCash Price Prediction 2025
Forecast of eCash prices in 2025 is predicted to reach a high of $0.000040 with a low of $0.000025. The token is projected to upgrade to Ethereum Virtual Machine (EVM) support which is going to be game-changing for $XEC. If the organization is capable of achieving this target, we can see prices reaching much higher.
Our analysis of eCash also includes technical aspects and EMA is indicating selling the token with a value of 0.00003353. Contrary to it, RSI is valuing at 40.44653896 which is in the neutral zone. Thus, it can be said that the token might increase to an average of $0.000040 and set support and resistance levels.
eCash Price Prediction 2030
For 2030 it is predicted that eCash can reach a high of $0.000039 with a low of $0.000028. Team eCash is already working to enable block processing and embedding UTXO for faster processing. If such advancements are continued till 2030, we can see the token rise to an average value of $0.000042.
eCash is still in its growing stage so, it is still quite early to make accurate long-term predictions. So, we will have to wait a little longer to have a more solidified forecast on $XEC prices between 2025 and 2030.
eCash Price Prediction 2040
Between 2030 and 2040 prices of eCash are predicted to finally bloom with a potential high of $0.000103. Bearish conditions can also deliver a minimum low of $0.000079 and average trading value is forecasted around $0.000096.
In the ten-year period, we can see several ups and downs in the market but it is not expected that the token will be able to maintain such high numbers for long. The similar concept is also applicable in the event of one or more bull rallies but as there are no significant signs yet, it is quite a far-fetched idea.
eCash Price Prediction 2050
eCash price predictions for 2050 reveals that the token can overtake present ATH ($0.0003304) and reach $0.000595. However, it is not expected to peg itself anywhere close to such numbers but rather have an average value of $0.000268. The team is working at introducing Schnorr Signatures which will allow signature verification for each transaction. Our predictions are made considering that the token has advanced in this period and all their goals till 2050 are achieved.
Looking at the present market, it does seem very desirable to invest and reap returns. But for such a long shot in the future, prices can take a sharp turn anytime. Always prioritize your research for making investment decisions.
Should I Invest in eCash?
Investing in eCash at present day is not the best decision as prices are predicted to drop in recent years with a probability of rising after 2030. However, our predictions are not financial advice and you should always consider your research as primary.
Realistic eCash Price Prediction
Predictions of eCash are influenced by fundamental analysis, market study, and technical aspects as well. In a slightly realistic view, we can take a look at a 15-minute study of the candlestick chart of $XEC.
We can see in the recent 14-candle cycle that only six of them are in the green zone with one candle quite high. This price can be an influential factor for coming times and we suggest you find out more about the crypto token before taking an investment decision.