Swingby (SWINGBY) Price Prediction – 2023, 2025, 2030

Swingby (SWINGBY) Overview

Swingby (SWINGBY) Introduction

Established in 2018, Swingby Labs is a company based in Singapore. A team of crypto advocates came together to create ways to link Bitcoin with different blockchains. It began several initiatives using the most advanced technology and research, including the Skybridge protocol, which transfers assets fast between blockchains as part of the launch process.

With the help of the most recent developments in cryptography research, Swingby’s decentralized proof-of-stake network enables you to transfer your tokens to several chains without needing a trusted party. Their initial launch connects Ethereum and Bitcoin.

In this article, we will learn what Swingby Network is? How does it work? Indicators for Swingby price predictions and its average forecast price. You will fully grasp these topics once you have finished reading this article.

What is Swingby (SWINGBY)?

Swingby is a cross-chain decentralized swap system that creates trustless links between the blockchains of Binance Chain, Ethereum, Bitcoin, and other cryptocurrencies. The system is protected by a network of node collection that enables quick inter-blockchain swaps MPC (Multi-Party Computing) technology and TSC (Threshold Signature Cryptography).

Where Can I Get Swingby?

Not all cryptocurrencies can be purchased using U.S money. The Coinbase exchange can buy popular cryptocurrencies like Litecoin, BTC, and Ethereum with U.S. dollars. After purchasing Bitcoin with Coinbase, you can use that Bitcoin to buy other cryptocurrencies like Swingby by transferring it to a platform like Binance.

Swingby Wallet

Swingby makes its wallet software that can be downloaded from the website. In this way, you can store Swingby on your PC.

For optimum security, you can keep your bitcoins on a specialized hardware wallet, such as a Ledger Nano X or a TREZOR wallet. If you are not willing to purchase a hardware wallet, consider utilizing a mobile wallet to hold various cryptocurrencies with improved security, like Coinomi, Jaxx, and Atomic Wallet.

Swingby (SWINGBY) Technical Analysis

It is wise to research the crypto market before making a purchase. This means looking for recurring indicators and patterns to know whether your invested amount is more likely to increase than decrease by examining the historical prices.

Various techniques evaluate cryptocurrency progress and choose which coins to acquire. Analyzing a cryptocurrency fundamentally and technically are the two most often used techniques.

Even if you don’t have maximum historical data, technical analysis is still useful for trading in cryptocurrencies. For instance, some cryptocurrencies have seen high volatility and sharp price decreases, followed by all-time high values.

Although there is no assurance that the pattern will continue, you should consider it if it has been persistent before.

Technical Growth Indicator to Know Price of Swingby

One of the ways to predict Swingby’s price in the long term is by comparing this currency against different and major technology trends and innovations. If we see its growth on mobile, internet, Facebook and Google, it is clear that Swingby is in the buying position.

50-Day SMA for Average Price of Swingby

If you want to know the average trading price of Swingby 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 Swingby 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 for Maximum and Minimum Price Value of Swingby

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 Swingby. However, a dropping 200-day SMA indicates that in the long term, Swingby will trend downwards.

Average Directional Index

The ADX (average directional index) is a performance metric that uses Swingby’s current price movements to gauge the strength of a market trend. Its values range from 1 to 100. With the help of ADX values, traders can determine the most profitable and strongest trends for trading. The figures are crucial for identifying circumstances that are trending and those that are not. The ADX is said to be a neutral average directional index when figures are at a neutral position.

Traders frequently use ADX values above 25 to indicate that the pattern is stable enough for trend-trading approaches. In contrast, traders will steer void trend-trading tactics when ADX is under 25.

Swingby Oscillators

The oscillator is also a useful tool to analyze a cryptocurrency technically. It helps in constructing low and high low bands between two outermost values. After this, a trend indicator is built that swings within these limits. Traders use this indicator to discover oversold conditions or short-term overbought of Swingby.

Swingby Correlation

Overall, Swingby price has a positive correlation with the price of EGLD (Elrond), QNT (Quant), TRX (TRON), UNI (Uniswap), and ZEC (Zcash) and a negative co-relation with cUSDC (Compound USD coin), cDAI (Compound Dai), BORA (BORA), LEO (UNUS SED LEO) and XCN (Chain) prices.

All the currencies that have a positive correlation with Swingby show that if there is a movement in the currency’s value, this will have statistically significant weight to move the other in a similar direction. However, if there is a movement in one direction for negatively correlating currencies, then Swingby will move in the inverse direction.

Golden Cross and Death Cross

When the 50-day SMA of Swingby drops under the 200-day, the Swingby 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 Swingby 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.

Swingby (SWINGBY) Fundamental Analysis

Like any other asset, maximum supply and demand determine Swingby’s maximum value and maximum price level and its increase or decrease. Fundamental occurrences like new protocol modification, hard forks, or block reward halvings can impact these dynamics.

The price of Swingby may also be impacted by real-world happenings, such as cryptocurrency market hacks, adoption by businesses and governments, and regulations. It takes a short amount of time to alter Swingby’s market value.

To create a Swingby projection, many traders attempt to track the behavior of Swingby “whales,” which are people and organizations with significant Swingby holdings. Swingby’s market is relatively small compared to traditional markets. Therefore, a single “whale” can significantly impact Swingby’s price changes.

In early 2021, Swingby deployed Ethereum MainNet, which helped to bring Bitcoin to an environment that previously had Bitcoin capital worth $750MM sealed in DeFi contracts.

Swingby seeks to broaden its reach to other projects and chains, offering support to add value. This expansion has been built on good relationships with projects like Kira, Waves, and Elrond Protocol.

Swingby (SWINGBY) Current Price

Swingby is currently worth $0.00031 USD. SWINGBY has moved -2.89% in the last 24 hours with a trading volume of $85. Swingby is currently ranked 2002 amongst all cryptocurrencies with a market capitalization of $269,989 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 Swingby (SWINGBY) to decide wether it is going to have a bullish or bearish year.

Swingby (SWINGBY) Price Prediction

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

Swingby (SWINGBY) Price Prediction 2023

Swingby, according to some, is one of the most amazing cryptocurrencies to rise this year (SWINGBY). The SWINGBY price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.000465.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.000434 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. SWINGBY is expected to have a minimum value of $0.000372.

Swingby (SWINGBY) Price Prediction 2024

In 2024, Swingby SWINGBY 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 SWINGBY will soon surpass $0.000776. However, we should wait to see if the SWINGBY’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, SWINGBY will trade with a minimum trading price of $0.000621 and an average trading price of $0.000683.

Swingby (SWINGBY) Price Prediction 2025

If the upward trend continues until 2025, it could reach $0.001086 and SWINGBY may profit. If the market experiences a decline, the goal may not be met. SWINGBY is expected to trade at an average price of $0.000993 and a low of $0.000931 in 2025.

Swingby (SWINGBY) Price Prediction 2026

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

According to our projections, SWINGBY will be green in 2026. The SWINGBY is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $0.001396, with a minimum price of $0.001241 and an average price of $0.001303.

Swingby (SWINGBY) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the SWINGBY price is expected to cross an average price level of $0.001614 by 2027, with a minimum price of $0.001552 expected before the end of the year. Furthermore, SWINGBY has a maximum price value of $0.001707.

Swingby (SWINGBY) 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 $0.001924. If SWINGBY manages to break the resistant level in 2028, we could see a maximum price of $0.002017, failing to gather the support SWINGBY needs by 2028 could result in a low of $0.001862.

Swingby (SWINGBY) Price Prediction 2029

While SWINGBY 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 $0.002172 and a yearly price close above $0.002327 in 2029.

Swingby (SWINGBY) Price Prediction 2030

By 2030, Swingby will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.002483 and potentially reach a maximum price value of $0.002638, averaging out at $0.002545.

Swingby (SWINGBY) 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 SWINGBY price in 2031 is projected to be $0.003041 in the event of a bull run, with an average price level of $0.002917.

Conclusion

Swingby seems to have great potential in the future because of its bridge protocol, Skybridge. With the help of node groups that carry out quick token swaps utilizing layer-2 technology and multi-party computing, this bridge creates trustless connections between the blockchains of several digital currencies.

Without the need for a central custodian, Skybridge enables users to transfer Bitcoin tokens between the blockchains of Binance, Ethereum, and Bitcoin Chain, opening up a bunch of DeFi features like DEX trading with simple user interfaces and liquidity pooling.

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