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Horizen cryptocurrency (ZEN) appeared as a result of the ZClassic hard fork, which is a fork of Zcash. Horizen cryptocurrency was formerly named ZenCash. The main aim of the development is to ensure users’ anonymity.
At the end of 2019, ZEN cryptocurrency price began to grow. What are the prerequisites for asset growth? Find out in Horizen (ZEN) price prediction for 2020-2025.
Horizen (ZEN) Overview
Our real-time ZEN to USD price update shows the current Horizen price as $8.22 USD.
According to our Horizen price prediction, ZEN price is expected to have a -0.49% decrease and drop as low as by May 18, 2023.
Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 83%, with a Fear & Greed Index score of 54 (Neutral).
Over the last 30 days, Horizen has had 14/30 (47%) green days and 9.93% price volatility.
Horizen (ZEN) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Horizen (ZEN) Price Prediction For Today, Tomorrow and Next 30 Days
Horizen Prediction Table
Horizen Historical
According to the latest data gathered, the current price of Horizen is $$8.32, and ZEN is presently ranked No. 191 in the entire crypto ecosystem. The circulation supply of Horizen is $113,889,450.91, with a market cap of 13,687,513 ZEN.
In the past 24 hours, the crypto has increased by $0.03 in its current value.
For the last 7 days, ZEN has been in a good upward trend, thus increasing by 0.42%. Horizen 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 ZEN has increased by 27.04%, adding a colossal average amount of $2.25 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Horizen Price Prediction 2023
According to the technical analysis of Horizen prices expected in 2023, the minimum cost of Horizen will be $10.00. The maximum level that the ZEN price can reach is $9.99. The average trading price is expected around $9.99.
ZEN Price Forecast for May 2023
Based on the price fluctuations of Horizen at the beginning of 2023, crypto experts expect the average ZEN rate of $7.61 in May 2023. Its minimum and maximum prices can be expected at $6.84 and at $8.39, respectively.
June 2023: Horizen Price Forecast
Cryptocurrency experts are ready to announce their forecast for the ZEN price in June 2023. The minimum trading cost might be $10.01, while the maximum might reach $9.72 during this month. On average, it is expected that the value of Horizen might be around $9.87.
ZEN Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of Horizen in 2023 and in previous years, so the average ZEN rate they predict might be around $9.99 in July 2023. It can drop to $10.00 as a minimum. The maximum value might be $9.99.
August 2023: Horizen Price Forecast
In the middle of the year 2023, the ZEN price will be traded at $9.51 on average. August 2023 might also witness an increase in the Horizen value to $9.01. It is assumed that the price will not drop lower than $10.01 in August 2023.
ZEN Price Forecast for September 2023
Crypto experts have analyzed Horizen prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $9.51. The lowest and peak ZEN rates might be $10.01 and $9.01.
October 2023: Horizen Price Forecast
Crypto analysts expect that at the end of summer 2023, the ZEN price will be around $9.51. In October 2023, the Horizen cost may drop to a minimum of $10.01. The expected peak value might be $9.01 in October 2023.
ZEN Price Forecast for November 2023
Having analyzed Horizen prices, cryptocurrency experts expect that the ZEN rate might reach a maximum of $9.01 in November 2023. It might, however, drop to $10.01. For November 2023, the forecasted average of Horizen is nearly $9.51.
December 2023: Horizen Price Forecast
In the middle of autumn 2023, the Horizen cost will be traded at the average level of $9.51. Crypto analysts expect that in December 2023, the ZEN price might fluctuate between $10.01 and $9.01.
Horizen Price Prediction 2024
After the analysis of the prices of Horizen in previous years, it is assumed that in 2024, the minimum price of Horizen will be around $14.57. The maximum expected ZEN price may be around $18.05. On average, the trading price might be $15.00 in 2024.
Horizen Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Horizen, in 2025, ZEN is expected to have the following minimum and maximum prices: about $21.19 and $25.41, respectively. The average expected trading cost is $21.79.
Horizen Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Horizen and their fluctuations during the previous years. It is assumed that in 2026, the minimum ZEN price might drop to $29.88, while its maximum can reach $36.63. On average, the trading cost will be around $30.76.
Horizen Price Prediction 2027
Based on the analysis of the costs of Horizen by crypto experts, the following maximum and minimum ZEN prices are expected in 2027: $51.49 and $44.47. On average, it will be traded at $46.01.
Horizen Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Horizen. Based on their predictions, the estimated average ZEN price will be around $66.84. It might drop to a minimum of $64.54, but it still might reach $77.88 throughout 2028.
Horizen Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Horizen. It is estimated that ZEN will be traded between $94.74 and $111.89 in 2029. Its average cost is expected at around $98.08 during the year.
Horizen Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Horizen’s price. The year 2030 will be determined by the maximum ZEN price of $162.55. However, its rate might drop to around $136.23. So, the expected average trading price is $141.13.
Horizen Price Prediction 2031
After years of analysis of the Horizen price, crypto experts are ready to provide their ZEN cost estimation for 2031. It will be traded for at least $193.54, with the possible maximum peaks at $239.12. Therefore, on average, you can expect the ZEN price to be around $199.19 in 2031.
Horizen Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Horizen’s price. The year 2032 will be determined by the maximum ZEN price of $332.58. However, its rate might drop to around $273.11. So, the expected average trading price is $281.08.
Horizen (ZEN) Fundamental Value
Horizen is zk-SNARKs based blockchain platform. It was launched as ZenCash cryptocurrency. The digital asset is Zcash fork, so there was no ICO. The fork occurred on January 9, 2018.
Technically, the Horizen cryptocurrency differs little from Zcash and Zclassic:
However, the system of rewards for miners has undergone certain changes. Miners receive 88% of mined coins. The remaining 12% is distributed between the financing of new developments, support for distributed nodes and developers.
The distinctive features of Horizen cryptocurrency highlight precisely the priority in the development of communications. The project is developing the following features:
transaction anonymity based on advanced Horizen technologies;a decentralized network based on distributed and reliable nodes to protect the confidentiality of all its participants;the security of publications and messaging is based on the anonymity of the network.
A system of secure nodes is used to form an anonymous Horizen network. These nodes are supported by a certain share of the production of each block. Developers strive to create a global platform where each user can independently manage personal data without transferring it to any structures.
Horizen is actively interacting with the IPFS platform, which allows to develop and improve the next-generation Internet. New technologies are based on protecting users from centralized management and maintaining data confidentiality, from the history of visits and activity to publications and other content.
Horizen (ZEN) Price Analysis
According to the latest data gathered, the current price of Horizen is $$8.32, and ZEN is presently ranked No. 191 in the entire crypto ecosystem. The circulation supply of Horizen is $113,889,450.91, with a market cap of 13,687,513 ZEN.
In the past 24 hours, the crypto has increased by $0.03 in its current value.
For the last 7 days, ZEN has been in a good upward trend, thus increasing by 0.42%. Horizen 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 ZEN has increased by 27.04%, adding a colossal average amount of $2.25 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
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FAQ
Horizen price now
As of now, Horizen (ZEN) price is $8.32 with Horizen market capitalization of $113,900,829.28.
Is Horizen a good investment?
The forecast for Horizen price is quite positive. It is expected that ZEN price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can Horizen rise?
It seems that the average price of Horizen might reach $10.63 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $46.01. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will Horizen be worth 2023?
ZEN minimum and maximum prices might hit $10.22 and $11.80 accordingly.
How much will Horizen be worth 2025?
Horizen network is developing rapidly. ZEN price forecast for 2025 is rather positive. The ZEN average price is expected to reach minimum and maximum prices of $21.19 and $25.41 respectively.
How much will Horizen be worth 2030?
ZEN is provided with suitable environment to reach new heights in terms of price. ZEN price prediction is quite positive. Business analysts predict that ZEN might reach the maximum price of $162.55 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $141.13
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/horizen-zen-price-prediction/
