intermediate
Here we’ll observe the main features of the cryptocurrency and try to predict the NMR future.
Numeraire (NMR) Explained
The Numeraire Token (NMR) is used for prediction betting, also called Proof of Intelligence. It is the first of its kind and serves as the reward for specialists who made the correct predictions.
After analyzing the tool, each specialist can to send it to the Numeraire smart contract. If the expert’s forecast is correct, then he will receive his reward in the form of Numeraire tokens. If the forecast is incorrect, the forecaster risks losing his NMR tokens. The Numeraire algorithm includes the generation of 21 million tokens, the first of which is distributed among specialists.
The Numeraire cryptocurrency is a token of the data analysis platform, which is based on the ERC-20 protocol. The goal of the developers was to create a platform that, thanks to the forecasts of the experts involved, would create forecast models for various companies and funds.
The Numeraire project is a social network or hedge fund software. The Numeraire Token (NMR) will be the reward for specialists who made the correct predictions.
Our real-time NMR to USD price update shows the current Numeraire price as $13.78 USD.
Our most recent Numeraire price forecast indicates that its value will increase by 2.39% and reach $14.11 by May 16, 2023.
Our technical indicators signal about the Bearish Bullish 34% market sentiment on Numeraire, while the Fear & Greed Index is displaying a score of 48 (Neutral).
Over the last 30 days, Numeraire has had 12/30 (40%) green days and 10.43% price volatility.
Numeraire (NMR) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Numeraire (NMR) Price Prediction For Today, Tomorrow and Next 30 Days
Numeraire Prediction Table
Numeraire Historical
According to the latest data gathered, the current price of Numeraire is $$13.68, and NMR is presently ranked No. 276 in the entire crypto ecosystem. The circulation supply of Numeraire is $85,279,422.04, with a market cap of 6,232,360 NMR.
In the past 24 hours, the crypto has increased by $0.26 in its current value.
For the last 7 days, NMR has been in a good upward trend, thus increasing by 12.17%. Numeraire has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of NMR has increased by 27.56%, adding a colossal average amount of $3.77 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Numeraire Price Prediction 2023
According to the technical analysis of Numeraire prices expected in 2023, the minimum cost of Numeraire will be $10.13. The maximum level that the NMR price can reach is $10.03. The average trading price is expected around $9.94.
NMR Price Forecast for May 2023
Based on the price fluctuations of Numeraire at the beginning of 2023, crypto experts expect the average NMR rate of $12.58 in May 2023. Its minimum and maximum prices can be expected at $11.05 and at $14.11, respectively.
June 2023: Numeraire Price Forecast
Cryptocurrency experts are ready to announce their forecast for the NMR price in June 2023. The minimum trading cost might be $10.13, while the maximum might reach $9.94 during this month. On average, it is expected that the value of Numeraire might be around $10.03.
NMR Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of Numeraire in 2023 and in previous years, so the average NMR rate they predict might be around $18.52 in July 2023. It can drop to $15.01 as a minimum. The maximum value might be $22.02.
August 2023: Numeraire Price Forecast
In the middle of the year 2023, the NMR price will be traded at $18.52 on average. August 2023 might also witness an increase in the Numeraire value to $21.02. It is assumed that the price will not drop lower than $16.01 in August 2023.
NMR Price Forecast for September 2023
Crypto experts have analyzed Numeraire prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $17.02. The lowest and peak NMR rates might be $15.01 and $19.02.
October 2023: Numeraire Price Forecast
Crypto analysts expect that at the end of summer 2023, the NMR price will be around $19.02. In October 2023, the Numeraire cost may drop to a minimum of $16.01. The expected peak value might be $22.02 in October 2023.
NMR Price Forecast for November 2023
Having analyzed Numeraire prices, cryptocurrency experts expect that the NMR rate might reach a maximum of $21.02 in November 2023. It might, however, drop to $16.01. For November 2023, the forecasted average of Numeraire is nearly $18.52.
December 2023: Numeraire Price Forecast
In the middle of autumn 2023, the Numeraire cost will be traded at the average level of $16.51. Crypto analysts expect that in December 2023, the NMR price might fluctuate between $14.01 and $19.02.
Numeraire Price Prediction 2024
After the analysis of the prices of Numeraire in previous years, it is assumed that in 2024, the minimum price of Numeraire will be around $25.20. The maximum expected NMR price may be around $29.61. On average, the trading price might be $26.06 in 2024.
Numeraire Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Numeraire, in 2025, NMR is expected to have the following minimum and maximum prices: about $36.19 and $44.48, respectively. The average expected trading cost is $37.50.
Numeraire Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Numeraire and their fluctuations during the previous years. It is assumed that in 2026, the minimum NMR price might drop to $52.60, while its maximum can reach $64.14. On average, the trading cost will be around $54.48.
Numeraire Price Prediction 2027
Based on the analysis of the costs of Numeraire by crypto experts, the following maximum and minimum NMR prices are expected in 2027: $91.76 and $80.37. On average, it will be traded at $83.09.
Numeraire Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Numeraire. Based on their predictions, the estimated average NMR price will be around $125.52. It might drop to a minimum of $121.36, but it still might reach $140.04 throughout 2028.
Numeraire Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Numeraire. It is estimated that NMR will be traded between $179.15 and $213.46 in 2029. Its average cost is expected at around $184.17 during the year.
Numeraire Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Numeraire’s price. The year 2030 will be determined by the maximum NMR price of $309.71. However, its rate might drop to around $260.96. So, the expected average trading price is $270.17.
Numeraire Price Prediction 2031
After years of analysis of the Numeraire price, crypto experts are ready to provide their NMR cost estimation for 2031. It will be traded for at least $379.03, with the possible maximum peaks at $450.64. Therefore, on average, you can expect the NMR price to be around $392.54 in 2031.
Numeraire Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Numeraire’s price. The year 2032 will be determined by the maximum NMR price of $646.13. However, its rate might drop to around $539.73. So, the expected average trading price is $559.35.
Well, there is not actually any technical analysis expertise of Numeraire cryptocurrency. However, here is the aggregate rating for NMR from several traders & analysts on TradingView.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Source: https://changelly.com/blog/numeraire-nmr-price-prediction/
