Medibloc (MED) Price Prediction – 2023, 2025, 2030

Medibloc (MED) Overview

Medibloc (MED) Introduction

The healthcare industry is one of the few economic sectors where blockchain technology is being implemented rapidly. Blockchain is undoubtedly the ground-breaking technology that can completely change the healthcare sector for providers and patients, from the security and management of medical data to the facilitation of medical research and clinical trials. MediBloc is the most recent technology that has impacted blockchain in healthcare.

Keep reading to learn about Medibloc, Medibloc price predictions, average forecast price, minimum and maximum price level, and when to buy or sell Medibloc.

What is Medibloc (MED)?

Medibloc is a blockchain-based data management platform with an emphasis on healthcare data. In the medical industry, patient medical records are scattered and dispersed throughout numerous healthcare organizations and providers in various states and nations.

Every new doctor you visit in a new country, city, or town has access to some aspect of your medical records. Your health information is stored in the gadgets and devices that analyze and collect data.

It would be extremely difficult for a healthcare professional to obtain a complete patient’s medical history record to make the most accurate diagnosis and follow the most effective treatment plan, given that it is dispersed across numerous locations and platforms.

A patient’s complete medical history is accessible at any time using MediBloc’s data integration system, which compiles all of the patient’s medical data and delivers real-time modifications for every new entrant into the system.

The fundamental objective of MediBloc is to increase access to healthcare data while renewing the information’s content for scientific advancement.

Key Characteristics

• Data ownership redistribution: MediBloc will return access to patient health records and give data owners the power to control who can access the records.
• Data backups: Data backups are made, and only reputable medical affiliates can access changed data. This prevents fraud and data loss.
• ERC20 MED token incentive system: Empowers data owners to collaborate with the data environment.
• Global data interoperability: The medical world will advance by exchanging real-time information while minimizing redundant data. Because the medical personnel won’t have to wait for new data, you’ll receive more efficient care with a higher probability of getting the right diagnosis.
• Security: The blockchain system provides heightened security features to combat data hacks. 

Medibloc (MED) Technical Analysis

You can forecast the maximum and minimum price value of Medibloc by considering both off-chain and on-chain data and chart patterns that show its historical price performance. To determine if investors are pessimistic or optimistic about Medibloc, you also have to assess market sentiment.

Remember, there is no method to make 100% accurate predictions, and past performance does not guarantee future outcomes. Following are some technical indicators for Medibloc average price predictions.

Moving Average

The moving average is a frequently used method for predicting the average trading price of Medibloc. As the name implies, this technique uses the average closing value of MED over a chosen timescale, divided into multiple segments of equal duration.

For instance, an SMA of 12-day for MED is calculated by adding closing prices of the last 12 days of MED and then dividing it by 12.

However, traders also utilize the EMA, a different moving average, in addition to the SMA. The EMA responds to the current price movement more swiftly because it emphasizes recent valuations.

Among the most often utilized indicators in the cryptocurrency market to determine average forecast price and pinpoint significant support and resistance levels are 200-day, 100-day, and 50-day moving averages. Any move over these trends by the MED price is typically interpreted as positive news for Medibloc. On the other hand, a decline below a significant moving average indicates that the MED market is weak.

Additionally, experts like to apply the Fibonacci retracement and RSI level indicators to predict where the MED price will go in the future.

50-Day SMA of MED

If you want to know the average Medibloc price for 50 days, then 50-day SMA is used. The indicator is frequently used for determining an asset’s price trend over a specific time frame. A positive medium-term price trend for MED is indicated by an increasing 50-day SMA, whereas a declining SMA is a reverse.

The calculation of 50-day SMA is done by adding up the closing prices for Bitcoin over the previous 50 days and then dividing that sum by 50.

200-Day SMA of MED

Another well-known indicator is the 200-day SMA, which is used to identify an asset’s long-term price drift. The long-term trend is positive when there is an increasing 200-day SMA for Medibloc. However, a dropping 200-day SMA indicates that in the long term, MED will trend downwards.

 RSI (Relative Strength Index)

Another famous indicator is the use of RSI (Relative Strength Index) for Medibloc price prediction by identifying whether the token is above 70 (overbought) or below 30 (oversold). 

Candlestick Charts to know Maximum and Minimum Price

Most traders prefer candlestick charts because they offer more details than a basic line chart. Medibloc’s price action, its maximum value, and minimum price value are represented by candlesticks, which traders can watch at various levels of granularity.

For instance, you can select a 1-hour candlestick chart to see Medibloc’s price action in 1 hour or a monthly candlestick pattern to see long-term movements. The most common graphs are 1-day, 4-hour, and 1-hour.

The closing and the starting values of MED and the lowest and maximum prices Medibloc recorded during the given time are shown on each candlestick.

It is also important to observe the candle’s color. The red candle shows that the starting price was lower than the closing price, while a green candle indicates the opposite.

Golden Cross and Death Cross

When the 50-day SMA of Medibloc drops under the 200-day, the Medibloc death cross occurs. Traders interpret a death cross as a bearish trend for upcoming price movement. However, the validity of this gauge is debatable. Contrary to this, the Medibloc golden cross happens when the 50-day SMA surpasses the 200-day and is typically seen as bullish.

It might be possible that some trading experts define death crosses and golden crosses using moving averages other than the 200-day and 50-day SMAs. But a short-term SMA passing over and dropping under a long-term SMA is a part of every definition.

Medibloc (MED) Fundamental Analysis

Two doctors, Dr. Eunsol Lee and Dr. Allen Wookyun Kho came up with MediBloc after creating a data exchange service to give researchers, patients, and physicians access to an effective information system. Both physicians have substantial experience working as software engineers.

Dr. Kho formerly served as Samsung Electronics’ principal computer programmer for the Galaxy S and is an expert in peer-to-peer networks. In contrast, Dr. Lee is a licensed physician with expertise in biomedical informatics and radiology.

Medibloc Token

The MEDX and MED tokens are used in the MediBloc system. The MediBloc development team thought it would be perfect for establishing their blockchain network to maximize their service. MED, the first token to be released, was initially distributed on the QTUM ecosystem.

Medibloc (MED) Current Price 

Medibloc is currently worth $0.013375 USD. MED has moved 0.83% in the last 24 hours with a trading volume of $5,213,574. Medibloc is currently ranked 419 amongst all cryptocurrencies with a market capitalization of $110,820,678 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Medibloc (MED) to decide wether it is going to have a bullish or bearish year.

Medibloc (MED) Price Prediction

Our price prediction forecasts use real-time Medibloc (MED) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Medibloc (MED) Price Prediction 2023

Medibloc, according to some, is one of the most amazing cryptocurrencies to rise this year (MED). The MED price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.020062.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.018725 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. MED is expected to have a minimum value of $0.01605.

Medibloc (MED) Price Prediction 2024

In 2024, Medibloc MED price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of MED will soon surpass $0.033437. However, we should wait to see if the MED’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, MED will trade with a minimum trading price of $0.02675 and an average trading price of $0.029425.

Medibloc (MED) Price Prediction 2025

If the upward trend continues until 2025, it could reach $0.046812 and MED may profit. If the market experiences a decline, the goal may not be met. MED is expected to trade at an average price of $0.0428 and a low of $0.040125 in 2025.

Medibloc (MED) Price Prediction 2026

If Medibloc successfully boosts market sentiment among cryptocurrency enthusiasts, the MED coin price could remain stable for the next five years.

According to our projections, MED will be green in 2026. The MED is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $0.060187, with a minimum price of $0.0535 and an average price of $0.056175.

Medibloc (MED) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the MED price is expected to cross an average price level of $0.06955 by 2027, with a minimum price of $0.066875 expected before the end of the year. Furthermore, MED has a maximum price value of $0.073562.

Medibloc (MED) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $0.082925. If MED manages to break the resistant level in 2028, we could see a maximum price of $0.086937, failing to gather the support MED needs by 2028 could result in a low of $0.08025.

Medibloc (MED) Price Prediction 2029

While MED is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $0.093625 and a yearly price close above $0.100312 in 2029.

Medibloc (MED) Price Prediction 2030

By 2030, Medibloc will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.107 and potentially reach a maximum price value of $0.113687, averaging out at $0.109675.

Medibloc (MED) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum MED price in 2031 is projected to be $0.131075 in the event of a bull run, with an average price level of $0.125725.

Conclusion

MediBloc is a medical information system that uses blockchain and prioritizes the patient’s needs. The patients can access their medical information as they get the private key to decrypt and unlock sensitive medical information. The misuse of patients’ medical data and information held in the MediBloc database will be significantly reduced, thanks to this patient information system idea. Before buying Medibloc, it is important to do your own research and find its market capitalization and price rise to make a profitable investment.

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