A wide audience is wondering what levels the native tokens of three of the largest Blockchains, Algorand (ALGO), Tezos (XTZ) and Filecoin (FIL), will see. In this article, we will present the levels predicted by various analysts. The analyzes are based on the writings of an expert named Elena R. However, it is worth remembering that this content is only estimations and does not offer any certainty. Every investor should make his investment within his own research and foresight. Here are the details…
What to expect for Algorand
The ever-evolving crypto space is home to countless cryptocurrencies and protocols. One of these emerging protocols is Algorand, which has managed to reign in the industry. Below you can see the expected prices for the cryptocurrency on certain dates:
- 2022 (Q3) projections for ALGO: With momentum from collaborations or adoption, ALGO’s price could close the quarter with a potential high of $0.3817. On the downside, the altcoin could drop as low as $0.2894. However, the price of the crypto asset could settle in the average level of $0.3330.
- 2022 (4th quarter) forecasts for ALGO: If the team takes community-focused initiatives and achieves impressive results, the altcoin could rise to $0.4927. Regular trading activities could fix the price at $0.4146, in the absence of external catalysts. On the downside, the bears could push the price down to $0.35.
- 2023 price forecast: By the end of 2023, ALGO could reach as high as $0.8701. On the other hand, negative criticism and FUD could cause the altcoin to drop to $0.4488. In succession, a balance in trade pressures could push the price up to $0.6279.
- 2024 price forecast:If the team behind the platform uses developmental and community building initiatives in the midst of Bitcoin’s halving, it is thought that the price could rise as high as $1,4421 as a result of the altcoin’s growing prominence.
- 2025 price forecast: It is assumed that the price of ALGO will reach a potential high of $2.2897. On the other hand, the token could drop to $1,2454. On average, the price of ALGO could settle for $1.6938.
2022, 2023, 2024, 2025 forecast for XTZ
Tezos quickly gained ground. It has a scalable, energy efficient algorithm. So, what levels can it see in the coming years?
- Q3 forecasts for XTZ: A minimum of $1.46 and a maximum of $1.91 is expected for XTZ. Its average price may be around $1.68
- Q4 forecasts for XTZ: Increased positive sentiment in Q4 and an increase in volumes could push the price higher. Therefore, the maximum is $2.39 and the minimum is $1.78. The average price could settle for $2.11.
- 2023 forecast: By 2023, exponential growth is expected due to inbound development and adoption. In the best possible case, XTZ could be traded at a maximum price of $4.05 by the end of 2023. If bears rule the market, the price could also drop to the $2.16 minimum cost. With average buying and selling pressures, the asset is expected to trade at $2.97.
- 2024 forecast: Due to Tezos’ tiered architecture and open upgrade process, the network can be trained to enable and incorporate new advanced technologies once they are viable. This could help the coin’s popularity in the years to come. Based on the unique features of Tezos, it is expected to get the lowest and highest prices in 2024, respectively. The maximum and minimum levels are expected to be $6,576 and $3,479, respectively, according to his fundamental study. It is also estimated that the transaction prices will be $ 4,812 on average.
- 2025 forecast: Tezos experts and crypto fans are optimistic that Tezos prices will continue to rise in the future. In such a case, XTZ price could rise to a maximum of $10,571. The price could drop to a minimum of $5,426. However, constrained by the linear trajectory of the price, the altcoin could settle at $7,374.
What are the prospects for Filecoin?
After the asset’s massive debut in 2021 with triple-digit returns, users are keen to invest in FIL. Eager to invest in FIL. So, what awaits the cryptocurrency in the coming period?
- Q3 forecast for Filecoin: According to experts, the FIL price could rise to $6.64. The price could rally to its three-month high of $7.51. However, day trading apps could keep the price at the regular $6.55 levels. Conversely, prolonged bear activity and a lack of volume could push the price as low as $5.52.
- Q4 forecast for Filecoin: The fourth quarter remains essential for the broader crypto market as it was for Filecoin. Optimism and positive social emotions can give momentum to the price of crypto. Also, with the successful launch of updates and projects, the price could soar to its potential peak of $9.40. On the other hand, the average price could settle for $8,0007.
- Filecoin forecast for 2023: If the altcoin hits positive highs by the end of 2022, 2023 could start with a bullish note. Then the price could trade at $8,7645 by the end of 2023. The asset could rally to $16.6154. However, with regular buying and selling pressures, we can see the FIL price trade at an average of $116780.
- Filecoin forecast for 2024: The year 2024 remains vital for the crypto industry as it marks Bitcoin’s halving. FIL price could climb to a potential high of $26.2816. However, factors such as rising inflation figures and negative reviews cannot be ignored. In such cases, it could drop as low as $14,0484. However, the price could be capped at an average of $19,1335.
- Filecoin forecast for 2025: By the end of 2025, the Filecoin price may continue to peak and break all past price records. Consecutively, the asset could reach the $41.7273 mark. However, if any strong regulatory restrictions affect the price action, FIL price could trade at $22.0783. However, the regular price, constrained by a steep momentum, could find its bottom at $30,2543.
