MetaGamesCoin (MGC) Price Prediction 2025, 2026-2030

Explore short and medium-term MetaGamesCoin price prediction analysis and check long-term MetaGamesCoin forecasts for 2025, 2030, and beyond.

5-Day Prediction
$ 1.077238
1-Month Prediction
$ 1.056212
3-Month Prediction
$ 1.075637
6-Month Prediction
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1-Year Prediction
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2030 Prediction
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2040 Prediction
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2050 Prediction
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Current Price $ 1.349826
Price Prediction $ 1.056212  (-21.02%)
Fear & Greed Index 54 (Neutral)
Sentiment Bullish
Volatility 5.96%
Green Days 21/30 (70%)
50-Day SMA $ 1.122275
200-Day SMA $ 0.755059
14-Day RSI 66.60

According to our current MetaGamesCoin price prediction, the price of MetaGamesCoin is predicted to drop by -21.02% and reach $ 1.056212 by July 20, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 54 (neutral). MetaGamesCoin recorded 21/30 (70%) green days with 5.96% price volatility over the last 30 days. Based on the MetaGamesCoin forecast, it's now a good time to buy MetaGamesCoin.

$
≈ $ 269.09

If you short-sell $ 1,000.00 worth of MetaGamesCoin today and repurchase it on Oct 08, 2025, you could make a potential profit of $ 269.09, reflecting a 26.91% ROI over the next 109 days (fees are not included in this estimate).

Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Short-Term MetaGamesCoin Price Targets

DatePredictionPotential ROI
Jun 21, 2025$ 1.337243
0.93%
Jun 22, 2025$ 1.221867
9.48%
Jun 23, 2025$ 1.140469
15.51%
Jun 24, 2025$ 1.100015
18.51%
Jun 25, 2025$ 1.077238
20.19%

The price of MetaGamesCoin is predicted to trend downward in the coming days, dipping as low as $ 0.00 by Invalid Date. This would represent a -100.00% dip compared to today’s rates.

Prediction Table

20252026202720282029203020402050
MonthMin. PriceAvg. PriceMax. PricePotential ROI
Jun 2025$ 0.999384$ 1.108135$ 1.337243
0.93%
Jul 2025$ 1.047584$ 1.094807$ 1.125958
16.58%
Aug 2025$ 1.053657$ 1.081843$ 1.119043
17.10%
Sep 2025$ 0.986605$ 1.033012$ 1.070291
20.71%
Oct 2025$ 1.030953$ 1.051852$ 1.068743
20.82%
Nov 2025$ 1.062287$ 1.098363$ 1.134972
15.92%
Dec 2025$ 1.102347$ 1.112651$ 1.129662
16.31%

In 2025, MetaGamesCoin (MGC) is anticipated to change hands in a trading channel between $ 0.986605 and $ 1.337243, leading to an average annualized price of $ 1.082952. This could result in a potential return on investment of -0.93% compared to the current rates. Given the expected dip, investors could profit from negative activity by shorting MGC.

MetaGamesCoin Price Prediction 2025

June 2025: MGC Prediction

Heading into the summer, the price of MetaGamesCoin is forecasted to decrease to $ 1.108135, following a 25.55% change in the past month. Price predictions suggest a range between $ 0.999384 and $ 1.337243, with an expected value around $ 1.108135. This could lead to a potential gain of 25.96%, indicating a bullish sentiment for the month ahead.

Potential Short ROI: 25.96%

July 2025: MGC Prediction

Our market analysis anticipates a positive trend for MetaGamesCoin in July. The forecasted price range is between $ 1.047584 and $ 1.125958 for an average monthly price of $ 1.094807. Investors could experience a potential gain of 16.58% if shorting MGC at current prices.

Potential ROI: 16.58%

August 2025: MGC Prediction

The algorithm assumes that MetaGamesCoin will increase to $ 1.081843, rejecting July's market momentum. Our price prediction suggests a range between $ 1.053657 and $ 1.119043. This could lead to a potential gain of 17.10% (if you’d have decided to buy MGC at current prices), indicating a bullish sentiment for the month.

Potential ROI: 17.10%

September 2025: MGC Prediction

After a bearish showing in August, MetaGamesCoin is predicted to rise to $ 1.033012 in September. The projected trading range is expected to span from $ 0.986605 to $ 1.070291. This suggests a positive market outlook, with a potential return of 20.71% for investors.

Potential ROI: 20.71%

October 2025: MGC Prediction

With a negative market trend seen last month, MetaGamesCoin is expected to reject the trend in October. The projected monthly trading range is between $ 1.030953 and $ 1.068743, with the average monthly value sitting at $ 1.051852, which would be a 1.82% increase compared to the previous month. This could offer investors a potential return of 20.82%.

Potential ROI: 20.82%

November 2025: MGC Prediction

Forecasts for November suggest a shift of the market trend, with a potential price increase to $ 1.098363. The expected price range lies between $ 1.062287 and $ 1.134972, influenced by last month's market performance. Investors may witness a potential gain of 15.92%, if they decide to buy MGC at current prices and sell it at predicted rates.

Potential ROI: 15.92%

December 2025: MGC Prediction

MetaGamesCoin is predicted to finish the year by changing hands in a trading channel between $ 1.102347 and $ 1.129662. This would entail that the price of MGC decreased by -17.57% in comparison to today’s prices (assuming December’s average price of $ 1.112651). In other words, investors would generate a potential profit of 16.31% if MGC follows the prediction.

Potential ROI: 16.31%

MetaGamesCoin Price Prediction 2026

In 2026, MetaGamesCoin is forecasted to trade in a price channel between $ 1.097485 and $ 3.29. On average, MGC is expected to change hands at $ 2.03 during the year. The most bullish month for MGC could be April, when the currency is anticipated to trade 143.58% higher than today.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$ 1.097485$ 1.117592$ 1.137343
15.74%
February$ 1.118334$ 1.203996$ 1.279847
5.18%
March$ 1.281522$ 1.813875$ 2.64
95.41%
April$ 2.12$ 2.79$ 3.29
143.58%
May$ 2.20$ 2.55$ 2.93
117.08%
June$ 2.39$ 2.64$ 2.74
102.66%
July$ 1.988299$ 2.18$ 2.35
74.12%
August$ 1.864105$ 2.14$ 2.28
68.82%
September$ 1.722765$ 1.847697$ 1.962759
45.41%
October$ 1.776719$ 1.809713$ 1.899699
40.74%
November$ 1.820046$ 2.13$ 2.28
68.66%
December$ 2.08$ 2.16$ 2.25
66.98%

MetaGamesCoin Price Prediction 2027

Generally speaking, MetaGamesCoin price prediction for 2027 is bullish. The MGC cryptocurrency is forecasted to hit a high point of $ 2.21 in January and reach a low of $ 1.275128 in August. Overall, MGC is expected to trade at an average price of $ 1.627188 in 2027.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$ 2.10$ 2.17$ 2.21
63.91%
February$ 1.865866$ 2.02$ 2.13
57.57%
March$ 1.789181$ 1.89299$ 1.958017
45.06%
April$ 1.532009$ 1.661418$ 1.760181
30.40%
May$ 1.548212$ 1.624363$ 1.71147
26.79%
June$ 1.588924$ 1.655132$ 1.764848
30.75%
July$ 1.517993$ 1.58987$ 1.666777
23.48%
August$ 1.275128$ 1.418398$ 1.531683
13.47%
September$ 1.311555$ 1.343011$ 1.449728
7.40%
October$ 1.348735$ 1.394283$ 1.477029
9.42%
November$ 1.368602$ 1.408984$ 1.47791
9.49%
December$ 1.314718$ 1.34308$ 1.398097
3.58%

MetaGamesCoin Price Prediction 2028

The outlook for MetaGamesCoin in 2028 indicates a possible uptrend, with an expected price of $ 1.501015. This represents a 11.20% increase from the current price. The asset's price is projected to oscillate between $ 1.310132 in May and $ 1.843304 in October. Investors could see a potential ROI of 36.56%, suggesting a favorable investment environment.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$ 1.343188$ 1.353604$ 1.364196
1.06%
February$ 1.325679$ 1.341524$ 1.382374
2.41%
March$ 1.363874$ 1.400405$ 1.491504
10.50%
April$ 1.435276$ 1.454914$ 1.477377
9.45%
May$ 1.310132$ 1.37314$ 1.444848
7.04%
June$ 1.333032$ 1.344381$ 1.365765
1.18%
July$ 1.345561$ 1.370871$ 1.421341
5.30%
August$ 1.417387$ 1.556519$ 1.801359
33.45%
September$ 1.535924$ 1.59685$ 1.699075
25.87%
October$ 1.737977$ 1.792722$ 1.843304
36.56%
November$ 1.647392$ 1.74254$ 1.826944
35.35%
December$ 1.64952$ 1.684707$ 1.773767
31.41%

MetaGamesCoin Price Prediction 2029

Following a bullish trend in the previous year, 2029 is expected to continue this momentum. MetaGamesCoin’s value is forecasted to increase, potentially reaching an average price of $ 2.40. The price is predicted to fluctuate between a low of $ 1.720627 in January and a high of $ 5.19 in December.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$ 1.720627$ 1.75555$ 1.791073
32.69%
February$ 1.731566$ 1.749197$ 1.760398
30.42%
March$ 1.752061$ 1.796339$ 1.846106
36.77%
April$ 1.800542$ 1.828296$ 1.937458
43.53%
May$ 1.98678$ 2.20$ 2.49
84.27%
June$ 2.16$ 2.26$ 2.34
73.00%
July$ 2.19$ 2.28$ 2.35
74.19%
August$ 2.08$ 2.19$ 2.28
68.96%
September$ 2.25$ 2.42$ 2.61
92.99%
October$ 2.51$ 2.70$ 2.87
112.64%
November$ 2.70$ 3.14$ 3.65
170.05%
December$ 3.66$ 4.50$ 5.19
284.45%

MetaGamesCoin Price Prediction 2030

Forecasts for 2030 suggest that MGC will experience a significant growth, with expected fluctuation ranging from $ 2.58 to $ 4.68. Investors might anticipate a potential ROI of 247.01%, aligning with a bullish outlook for the year.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$ 3.95$ 4.28$ 4.68
247.01%
February$ 3.11$ 3.54$ 3.83
183.85%
March$ 2.78$ 3.25$ 3.66
171.04%
April$ 2.95$ 3.34$ 3.65
170.18%
May$ 2.73$ 2.93$ 3.18
135.62%
June$ 2.75$ 3.03$ 3.23
139.58%
July$ 3.01$ 3.17$ 3.34
147.10%
August$ 2.83$ 2.91$ 3.07
127.45%
September$ 2.58$ 2.67$ 2.78
105.70%
October$ 2.64$ 2.73$ 2.87
112.44%
November$ 2.64$ 2.87$ 3.03
124.28%
December$ 2.61$ 2.71$ 2.80
107.66%

MetaGamesCoin Price Prediction For Years 2025, 2026, 2027, 2028, 2029, and 2030

Over the next several years, MetaGamesCoin is projected to increase, with prices potentially reaching $ 5.19 by 2029. This represents a 284.45% gain from today's value. The long-term forecast suggests a bullish trend, with potential highs of $ 5.19 and lows of $ 0.986605 over the period.

YearMin. PriceAvg PriceMax. PricePotential ROI
2025$ 0.986605$ 0.631722$ 1.337243
0.93%
2026$ 1.097485$ 2.03$ 3.29
143.58%
2027$ 1.275128$ 1.627188$ 2.21
63.91%
2028$ 1.310132$ 1.501015$ 1.843304
36.56%
2029$ 1.720627$ 2.40$ 5.19
284.45%
2030$ 2.58$ 3.12$ 4.68
247.01%

MetaGamesCoin Technical Analysis

Sentiment

Bullish

Based on data from June 20, 2025 at 16:55, the general MetaGamesCoin price prediction sentiment is bullish with 20 technical analysis {count, plural, =1 {indicator} other {indicators}} signaling bullish signals, and 5 signaling bearish signals.

MetaGamesCoin was last updated on June 20, 2025 at 16:55

MetaGamesCoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

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Based on our technical indicators, MetaGamesCoin's 200-day SMA will in the next month and will hit $ 0.851347 by Jul 20, 2025. MetaGamesCoin's short-term 50-Day SMA is estimated to hit $ 1.149155 by Jul 20, 2025.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 66.60, which indicates that the MGC market is in a neutral position.

Popular MGC Moving Averages and Oscillators for Fri, Jun 20, 2025

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. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$ 1.203452BUY
SMA 5$ 1.245398BUY
SMA 10$ 1.252646BUY
SMA 21$ 1.215125BUY
SMA 50$ 1.122275BUY
SMA 100$ 1.02303BUY
SMA 200$ 0.755059BUY

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$ 1.205415BUY
EMA 5$ 1.152327BUY
EMA 10$ 1.078268BUY
EMA 21$ 1.009316BUY
EMA 50$ 0.921095BUY
EMA 100$ 0.807401BUY
EMA 200$ 0.650096BUY

Weekly Simple Moving Average (SMA)

PeriodValueAction
SMA 21$ 3.10BUY
SMA 50--
SMA 100--
SMA 200--

Weekly Exponential Moving Average (EMA)

PeriodValueAction
EMA 21$ 0.882639BUY
EMA 50--
EMA 100--
EMA 200--

MetaGamesCoin Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

PeriodValueAction
RSI (14)66.60NEUTRAL
Stoch RSI (14)100.00SELL
Stochastic Fast (14)97.77SELL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)17.82NEUTRAL
Awesome Oscillator (5, 34)0.13NEUTRAL
Momentum (10)0.11NEUTRAL
MACD (12, 26)0.01NEUTRAL
Williams Percent Range (14)-2.23SELL
Ultimate Oscillator (7, 14, 28)66.64NEUTRAL
VWMA (10)1.30BUY
Hull Moving Average (9)1.35SELL
Ichimoku Cloud B/L (9, 26, 52, 26)1.22NEUTRAL

MetaGamesCoin Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 1.327175, MetaGamesCoin has support levels of $ 1.300615, $ 1.247855, and the strongest at $ 1.221296. Similarly, MetaGamesCoin resistance levels are at $ 1.379935, $ 1.406494, and $ 1.459255.

Support Levels

#PriceStrength
S1$ 1.300615  
S2$ 1.247855  
S3$ 1.221296  

Resistance Levels

#PriceStrength
R1$ 1.379935  
R2$ 1.406494  
R3$ 1.459255  

Correlation

Over the past 7 days, MetaGamesCoin price was most positively correlated with the price of Bitcoin Cash (BCH), Klaytn (KLAY), Kaia (KAIA), Aerodrome Finance (AERO), and Uniswap (UNI) and most negatively correlated with the price of PAX Gold (PAXG), Official Trump (TRUMP), Arbitrum (ARB), Pepe Coin (PEPE), and Pi Network (PI).

Positively Correlated Currencies

NameCorrelation
0.719
0.678
0.677
0.560
0.531

Negatively Correlated Currencies

NameCorrelation
-0.798
-0.679
-0.661
-0.657
-0.648

MetaGamesCoin price is negatively correlated with the top 10 coins by market cap with a price of -0.138, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.296.

Currencies that are positively correlated with MetaGamesCoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with MetaGamesCoin, a move in one direction for MetaGamesCoin would translate into a move in the opposite direction for the negatively correlated coin.

MetaGamesCoin Price Prediction FAQ

What is MetaGamesCoin's price prediction today?

Based on our MetaGamesCoin prediction chart, the price of MetaGamesCoin will increase by 0.00% and reach $ 1.337243 by Jun 21, 2025.

What is MetaGamesCoin price prediction for tomorrow?

MetaGamesCoin is predicted to gain 0.00% and reach a price of $ 1.337243 tomorrow.

What is the MetaGamesCoin price prediction for this week?

According to our MetaGamesCoin price prediction, MGC is forecasted to trade within a price range of $ 1.337243 and $ 1.140469 this week. MetaGamesCoin will decrease by -14.71% and reach $ 1.140469 by Jun 23, 2025 if it reaches the higher value target.

What is the MetaGamesCoin price prediction for next week?

The MetaGamesCoin price prediction for next week is between $ 1.140469 on the lower end and $ 1.000712 on the high end. Based on our MGC price prediction chart, the price of MetaGamesCoin will decrease by -12.25% and reach $ 1.000712 by Jun 30, 2025 if it reaches the upper price target.

What is the MetaGamesCoin price prediction for 2025?

MetaGamesCoin is forecasted to trade within a range of $ 0.986605 and $ 1.337243. If it reaches the upper price target, MGC could decrease by -0.93% and reach $ 1.337243.

What is the MetaGamesCoin price prediction for 2026?

According to our MetaGamesCoin price prediction, MGC is forecasted to trade within a price range of $ 0.986605 and $ 1.337243 next year. MetaGamesCoin will decrease by -0.93% and reach $ 1.337243 if it reaches the higher value target for 2026.

What is the MetaGamesCoin price prediction for 2030?

The MetaGamesCoin price prediction for 2030 is between $ 1.720627 on the lower end and $ 5.19 on the high end. Based on our MGC price prediction chart, the price of MetaGamesCoin could gain 284.45% and reach $ 5.19 if it reaches the upper price target.

Will MetaGamesCoin reach $10?

MetaGamesCoin would need to gain 640.84% to reach $10. According to our MetaGamesCoin price prediction algorithm, MetaGamesCoin will hit $10 in December 3, 2037.

Will MetaGamesCoin reach $100?

MetaGamesCoin would need to gain 7,308.36% to reach $100. According to our MetaGamesCoin prediction algorithm, the price of MetaGamesCoin will not reach $100. The highest expected price our algorithm estimates is $ 32.64 by 2050.

Will MetaGamesCoin reach $1,000?

MetaGamesCoin would need to gain 73,983.64% to reach $1,000. According to our MetaGamesCoin prediction algorithm, the price of MetaGamesCoin will not reach $1,000. The highest expected price our algorithm estimates is $ 32.64 by 2050.

What is the current {name}} sentiment?

The current MetaGamesCoin sentiment is bullish according to our technical analysis. The majority of technical indicators are showing buy.

What is the MetaGamesCoin Fear & Greed Index and what does it indicate?

Currently, the MetaGamesCoin Fear & Greed Index stands at 54, which means that investors’ sentiment is in the so-called Neutral zone.

The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of MetaGamesCoin investors’ sentiment, and is based primarily on Bitcoin-related market data.

Overall, the Fear & Greed Index indicates the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, and 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell.

Is it profitable to invest in MetaGamesCoin?

Over the last 30 days, MetaGamesCoin had 21/30 (70%) green days. According to our historical data, it is currently profitable to invest in MetaGamesCoin. The price of MetaGamesCoin increased by 479.81% in the last 1 year.

Is MetaGamesCoin a good buy in 2025?

Based on multiple technical quantitative indicators, the current forecast for MetaGamesCoin in 2025 is bullish. This could be an indication that MetaGamesCoin is a good buy in 2025. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy MetaGamesCoin or not.

What will the price of MetaGamesCoin be next week?

According to our MetaGamesCoin forecast, the price of MetaGamesCoin will decrease by -19.44% over the next week and reach $ 1.077238 by June 25, 2025.

What will the price of MetaGamesCoin be next month?

According to our MetaGamesCoin forecast, the price of MetaGamesCoin will decrease by -21.02% over the next month and reach $ 1.056212 by July 20, 2025.

What is MetaGamesCoin's 50-Day SMA and what does it indicate?

MetaGamesCoin’s 50-day SMA (simple moving average) is currently . The 50-day SMA indicates the average price of MetaGamesCoin over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive MGC price trend in the medium term, while a dropping SMA indicates the opposite.

The 50-day SMA is calculated by adding together MetaGamesCoin’s closing prices in the last 50 days, and dividing the total by 50.

What is MetaGamesCoin's 200-Day SMA and what does it indicate?

MetaGamesCoin’s 200-day SMA is currently . The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising MetaGamesCoin 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that MGC has been trending downwards over the long term.

Many cryptocurrency traders pay close attention to the markets when the current MetaGamesCoin price crosses an important moving average like the 200-day SMA.

The 200-day SMA is calculated by taking MetaGamesCoin’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

What is MetaGamesCoin's 14-day RSI and what does it indicate?

MetaGamesCoin’s 14-day RSI is at , indicating that is currently neutral.

The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including MetaGamesCoin. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

Will MetaGamesCoin go back up?

Based on our algorithmically generated price prediction for MetaGamesCoin, the price of MGC is expected to decrease by -21.02% in the next month and reach $ 1.056212 on Jul 20, 2025. Additionally, MetaGamesCoin’s price is forecasted to assetPredictions.faq.lose -15.13% in the next six months and reach $ 1.134972 on Dec 17, 2025. Finally, MetaGamesCoin is expected to trade at $ 2.62 on Jun 20, 2026, following a 96.21% value increase in one year.

How does our price prediction for MetaGamesCoin work?

The MetaGamesCoin price prediction on CoinCodex is calculated using the historical MetaGamesCoin price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic MetaGamesCoin prediction.

How to read and predict MetaGamesCoin price movements?

MetaGamesCoin traders use a variety of tools to try and determine the direction in which the MGC market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the MetaGamesCoin price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

MetaGamesCoin Price Prediction Indicators

Moving averages are among the most popular MetaGamesCoin price prediction tools. As the name suggests, a moving average provides the average closing price for MGC 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 MGC is a sum of MGC’s closing prices over the last 12 days which is then divided by 12.

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.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the MGC price moves above any of these averages, it is generally seen as a bullish sign for MetaGamesCoin. Conversely, a drop below an important moving average is usually a sign of weakness in the MGC market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the MGC price.

How to read MetaGamesCoin charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of MetaGamesCoin with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about MetaGamesCoin’s price action in 1-hour chunks. Each candlestick will display MGC’s opening price, closing price, as well as the highest and lowest prices that MetaGamesCoin reached within the 1-hour period.

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.

What affects the price of MetaGamesCoin?

Just like with any other asset, the price action of MetaGamesCoin 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 MGC. The market capitalization of MetaGamesCoin can change significantly in a short period of time.

When trying to make a MetaGamesCoin forecast, many traders also try to monitor the activity of MGC “whales”, which are entities and individuals that control large amounts of MGC. Since the MetaGamesCoin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on MetaGamesCoin’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

Here are some of the most commonly followed bullish candlestick patterns:

Here are some common bearish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers
  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man
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