Taboo Token (TABOO) Price Prediction – 2023, 2025, 2030

Taboo Token (TABOO) Overview

Taboo Token (TABOO) Introduction

Regarding quality, Taboo ranks among the top cryptocurrencies on the market right now. It is a project for adult Streaming and NFT media focusing on unique content.

The network has models who aren’t necessarily porn stars, and the programming is also different from that of other adult tokens. The adult entertainment industry’s most exclusive content creator list is now being curated by Taboo. The developers of the Enjin Coin Marketplace built the Taboo platform. They are dedicated to offering distinctive XXX, NSFW, and SFW material from content producers. 

Let’s explore in detail what is Taboo, Taboo price prediction, Taboo token price today, and its fundamental and technical analysis.

What Is Taboo Token (TABOO)?

The TABOO (Taboo Token), which aims to become the playboy of the blockchain world, targets the underserved adult market. In addition to offering its customers high-quality and curated sexual material, the Taboo Token will work to pay adult entertainers fairly.

The Taboo coin was developed on the Binance Smart Chain, and cross-chain features will be added too. The Taboo Token will launch a worldwide NFT platform for the adult sector in addition to supplying actual content. Users can purchase the entertainers’ content either once or through a subscription. It is being constructed in tiers, with higher levels offering more features.

Taboo Token (TABOO) Technical Analysis

You can do technical analysis for Taboo Token to know its maximum price level and minimum price value using the following indicators:

Technical Growth

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

RSI (Relative Strength Index)

Another famous indicator is the use of RSI (Relative Strength Index) for identifying “Taboo token price increase” in the future. It is essential to see whether the coin is above 70 (overbought) or below 30 (oversold). If Taboo’s RSI value is above 30, this shows that Taboo Token is in a neutral market position.

Taboo Oscillators

An oscillator is also a valuable 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 Taboo.

Golden Cross and Death Cross

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

Moving Average

If we talk about financial platforms, moving averages are a famous indicator to identify the average trading price of a Taboo token. The objective of MA (moving average) is to level the price action over a specific period. Moving averages are grounded on preceding price action; thus, it is a lagging indicator.

Types of MA Indicator for Taboo Token Price Predictions

Two types of average indicators are used in the technical analysis of Taboo price prediction: SMA (simple moving average) and EMA (exponential moving average). The common indicators to assess the cryptocurrency market and pinpoint significant support and resistance levels are 200-day, 100-day, and 200-day moving averages. The TABOO token price rise on these averages is typically interpreted as a bullish pattern. On the other hand, a decline below a significant moving average typically indicates that the Taboo’s position is weak in the market.

Bullish and Bearish Price Prediction Patterns

To know the average forecast price of a cryptocurrency, some traders look for candlestick trends to get an advantage over their rivals. Several candlestick patterns accurately predict both bearish and bullish price action.

The candlestick patterns that indicate bullish trends are:

• Three White Soldier
• Hammer Piercing Line
• Bullish Engulfing
• Morning Star

The candlestick patterns that indicate bearish trends are:

• Hanging Man
• Bearish Harami
• Evening Star
• Dark Cloud Cover
• Shooting Star

Taboo Token Correlation

Overall, Taboo price has a positive correlation with the price of KCS (KuCoin Token), CEL (Celsius Network), XTZ (Tezos), COMP (Compound), XCN (Chain), and a negative co-relation with cUSDC (Compound USD Coin), SNX (Synthetix). Matic (Polygon) and CEEK (CEEK VR) prices.

All the currencies that positively correlate with Taboo 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 correlated currencies, Taboo will move in the inverse direction.

Taboo Token (TABOO) Fundamental Analysis

The fact that Taboo’s creators established the Enjin Coin marketplace suggests that the project is well-planned.

Taboo is a layer two project having features like quick transactions and cheapest fees. Taboo wants to create a bridge to enable their ERC-1155 and ERC-721 tokens on the Binance Smart Chain, targeting the (NFTs)Non-Fungible Tokens (BSC). One of the issues that Taboo faced was that anyone could produce X-rated content; however, Taboo overcame this by promoting sexual entertainment and encouraging scarcity. Collaboration with famous pornstars, models, and well-known celebrities falls under this category. 

Nobody can produce low-quality content in the Taboo ecosystem because the developers are picky about what is being offered. Cj Sparxx, Holly Barker, Chloe Avenheim, Mackenzie Rose Hewson, and Khloe Terae are just a few famous people Taboo Token has collaborated with till now. Since these people have enormous followings, these alliances have increased Taboo’s power in the market.

Taboo Token has achieved all of the objectives listed on its plan. Taboo wants to create and give away Taboopunks NFTs to customers.

Taboo Tokenomics

There are approximately 9.7 billion TABOO tokens total in the Taboo system. You can no longer produce TABOO tokens because the circulating supply has hit 100% of the maximum supply. TABOO is hence depreciating, which means that if demand rises over time, the price may eventually increase. This supply is divided as follows: 6% goes to marketing, 6% goes to exchange and development listings, 18% to the staff, and 70% to the community.

Taboo Token (TABOO) Current Price

Taboo Token is currently worth $0.001813 USD. TABOO has moved 5.05% in the last 24 hours with a trading volume of $573,437. Taboo Token is currently ranked 902 amongst all cryptocurrencies with a market capitalization of $17,736,025 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 Taboo Token (TABOO) to decide wether it is going to have a bullish or bearish year.

Taboo Token (TABOO) Price Predictions

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

Taboo Token (TABOO) Price Prediction 2023

Taboo Token, according to some, is one of the most amazing cryptocurrencies to rise this year (TABOO). The TABOO price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.00272.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.002538 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. TABOO is expected to have a minimum value of $0.002176.

Taboo Token (TABOO) Price Prediction 2024

In 2024, Taboo Token TABOO 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 TABOO will soon surpass $0.004533. However, we should wait to see if the TABOO’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, TABOO will trade with a minimum trading price of $0.003626 and an average trading price of $0.003989.

Taboo Token (TABOO) Price Prediction 2025

If the upward trend continues until 2025, it could reach $0.006346 and TABOO may profit. If the market experiences a decline, the goal may not be met. TABOO is expected to trade at an average price of $0.005802 and a low of $0.005439 in 2025.

Taboo Token (TABOO) Price Prediction 2026

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

According to our projections, TABOO will be green in 2026. The TABOO is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $0.008159, with a minimum price of $0.007252 and an average price of $0.007615.

Taboo Token (TABOO) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the TABOO price is expected to cross an average price level of $0.009428 by 2027, with a minimum price of $0.009065 expected before the end of the year. Furthermore, TABOO has a maximum price value of $0.009972.

Taboo Token (TABOO) 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 $0.011241. If TABOO manages to break the resistant level in 2028, we could see a maximum price of $0.011785, failing to gather the support TABOO needs by 2028 could result in a low of $0.010878.

Taboo Token (TABOO) Price Prediction 2029

While TABOO 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 $0.012691 and a yearly price close above $0.013598 in 2029.

Taboo Token (TABOO) Price Prediction 2030

By 2030, Taboo Token will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.014504 and potentially reach a maximum price value of $0.015411, averaging out at $0.014867.

Taboo Token (TABOO) 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 TABOO price in 2031 is projected to be $0.017767 in the event of a bull run, with an average price level of $0.017042.

Conclusion

The adult industry is enormous, but it also has a lot of issues, like dubious websites that routinely defraud their visitors. The Taboo Token will provide extra features depending on how many Taboo tokens a user holds. It is structured on a tier membership approach. More Taboo tokens will be needed as the tier level increases. The tier level a user is on will also affect their ability to access specific material. VIP members who own tokens will have access to exclusive parties and events.

However, it will take some time until the price of the Taboo token stabilizes since it is a risky investment and a very volatile cryptocurrency. As various laws in several nations govern the adult sector, it is also unknown what rules the token will be subject to. The whole crypto world is full of uncertainties; therefore, it is essential to do your research before investing in any token.

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