JulSwap is a decentralized, peer-to-peer cryptocurrency exchange built on top of the Ethereum blockchain. It’s designed to be secure, transparent, and cheap to use. Users of JulSwap don’t need to use any external applications to exchange different cryptocurrencies—JulSwap ships with an intuitive wallet that handles all of that.
JulSwap is currently under $0.5. JULD is the only Proof of Stake (PoS) token based on the Ethereum network, and it is currently the most used token in the world. It is also the only token which is actively traded actively, and the price of all trades are well correlated. JulSwap is currently trading at $0.47.
The price of the JulSwap project is currently at $0.01, but I predict that it will soon rise up to $0.50, because it has great potential for continued growth. It is a decentralized marketplace platform that makes the process of buying and selling items easy, secure, and trustless. You don’t have to worry about finding a buyer for your item, because the platform takes care of that.
- The range of bullish Julswap JULD price predictions is $0.085 to $0.2.
- The price of JULD may potentially hit $0.5 in the near future.
- The pessimistic market price forecast for the JULD in 2021 is $0.029
We utilize data, price trends, RSI, and other information about JULD to evaluate the cryptocurrency’s future movement in JulSwap JULD price forecast 2021.
JulSwap (JUL) is the Binance Smart Chain’s version of Uniswap (UNI) (BSC). JulSwap offers the same trading engine and statistics as UniSwap, as well as a few extra SushiSwap capabilities (SUSHI).
JulSwap is a decentralized, automated BSC-20 token exchange. Furthermore, the project’s primary aim is to reduce the barrier to entry into decentralized finance (DeFi). Any user may establish their own liquidity pool on the platform.
At the time of writing, the JULD price is $0.03, with a 24-hour trading volume of $190,897, according to CoinGecko. JULD, on the other hand, has dropped by 2.4 percent in the past 24 hours.
Furthermore, there are 461,744,651 JULD in circulation. JULD is currently traded on HitBTC, Bitcoin.com Exchange, Gate.io, Hoo, and BKEX, among other cryptocurrency exchanges.
JULD Price Prediction 2021 by JulSwap
JulSwap (JULD) is currently ranked 695th on CoinGecko. With a daily time period, JulSwap JULD price forecast 2021 is described below.
JULD/USDT Daily Time Frame Price Chart (Source: TradingView)
A falling wedge pattern may be seen in the chart above. When the market produces lower lows and lower highs as the range is shrinking, this pattern is formed. Furthermore, although this is a positive chart formation, it may also indicate reversal and continuation patterns.
If the JULD price breaks through the $0.16 resistance level on the daily time frame chart, it will hit the $0.26 goal. Otherwise, if the JULD price breaks through the $16.13 support level, it will fall to the next support level at $0.0295. As a result, the JULD’s trend is predicated on the breakout.
Support and Resistance Levels for JulSwap (JULD)
The chart below depicts JULD’s support and resistance levels.
Support and Resistance Levels for JULD/USDT (Source: TradingView)
The resistance and support levels of JULD are clearly visible in the above daily time frames.
- $0.085 is the first level of resistance.
- Level 2 Resistance – $0.112
- $0.223 is the third level of resistance.
- Level 1 Support – $0.03
- Level 2 Support – $0.029
JULD has been on a bullish trend for the last month, according to the charts. If the current trend continues, JULD may catch up with the bulls and break over the $0.096 resistance level.
In the event that investors turn against cryptocurrency, the price of JULD may drop to almost $0.029, indicating a negative indication.
Average Directional Index of JulSwap (JULD) (ADX)
Let’s take a look at JULD’s average directional index (ADX). The Average Direction Index (ADX) is a tool that helps crypto traders determine the strength of a trend rather than its actual direction. It may be used to see whether the market is shifting or starting a new trend. It is also linked to the Directional Movement Index (DMI) and, in essence, incorporates the ADX line.
The oscillator has a range of 0 to 100. Furthermore, a high price denotes a strong trend, while a low price denotes a weak trend. It is often used in conjunction with directional indicators.
ADX JULD/USDT (Source: TradingView)
The ADX of JULD remains above the range of 21, indicating a weak trend, as seen in the chart above.
The JULD is one of the cryptos that has held its footing in the face of negative market conditions. Our long-term Julswap JULD price forecast for 2021 is also positive. It stands a good chance of hitting new highs this year. However, this will only happen if it overcomes a number of prior psychological barriers.
Furthermore, the JULD ecosystem may have a bright future ahead of it in 2021, thanks to continuous improvements and enhancements. It may soon hit $0.2 and even higher levels, but it is more likely to reach $0.5 if investors believe JULD is a solid investment in 2021.
Disclaimer: The views stated in this graph are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.
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JulSwap (JULD) is a cryptocurrency based on the Ethereum protocol. Its goal is to bring more liquidity to the already established cryptocurrency market by creating a liquidity swap between Ethereum and bitcoin.. Read more about whats the price of gold and let us know what you think.
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