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The price of silver is forecasted to rise as high as US$40 to US$48 per ounce in 2025, driven by ongoing geopolitical issues and significant economic developments, according to analysts. For this reason, a demo account with us is a great tool for stock investors who are looking to make a transition to leveraged trading. Before you start investing and trading in Silver, you should consider using the educational resources we offer like NAGA Academy or a demo trading account.
Is NAGA a good Investment?
But while the market traded between $24 to $26 until mid-April, it began to sell off sharply later in the month as the dollar strengthened. When net positions in the futures market of commercials and non-commercials are stretched it indicates that the price is going to take a turn. The higher the ratio the more undervalued silver tends to be relative to gold; the lower the ratio the more overvalued silver is to gold. Here are some updated 2025 Silver forecasts we have gathered from numerous analysts both inside and outside of the silver industry. A decisive close above the 2024 peak of $34.70 would confirm the next leg higher, while breaches below $28.65 (200-day EMA) risk a retracement to $25–$27.
- We gave much more detail about the expected path of gold in 2025 in our gold forecast and price prediction.
- These events not only highlighted NAGA's commitment to innovation but also offered opportunities for users to connect with global investors and stay informed about the latest developments in blockchain technology.
- It suggests that silver is extremely undervalued relative to gold, it suggests that it’s a matter of time until spot silver starts reacting to the upside or gold to the downside.
- Launched on December 17, 2017, NGC was developed in partnership with the German publicly listed FinTech company, The NAGA Group AG.
The Relative Strength Index (RSI) momentum oscillator is a commonly used tool to identify if a cryptocurrency is oversold (below 30) or overbought (above 70). Right now, the RSI stands at 48.81, suggesting that the NGC market is in a NEUTRAL state. Investing is speculative and when you invest money, your entire capital is at risk.
We will analyze the past prices of NAGA (NGC) and will found out what experts are saying about its future price actions. We gave much more detail about the expected path of gold in 2025 in our gold forecast and price prediction. As such, analysts now highlight industrial demand and geopolitical factors as key drivers for 2025 prices.
Utility Token of NAGA Platform
Historically the price of NGC last day of June was above the open price one times out of 8, and 7 out of 8 the price was lower than the price at the start of the month. The best month for NAGA has been December for the last nine years, seven times the price of NGC at the end of December was higher than the price at the start of the month. The worst month is February, seven times out of 9, the price at the end of February was lower than starting price. The 14-day Relative Strength Index (RSI) is currently at 41.49, suggesting Natural conditions so market is neither overbought nor oversold.
At this very point in time, the gold-to-silver ratio chart has been above 85x since early 2025. According to the Silver Institute, the Federal Reserve is expected to adopt a broadly dovish stance in 2025, implementing three policy rate cuts of 25 basis points throughout the year, assuming continued declines in inflation. This dovish monetary policy is anticipated to further support investment in precious metals like silver.
NAGA Price Prediction for 2025 by Crypto Experts
The platform has debuted well on December 25th, 2017 at a $1.3 price point. Within the first week, the worth of the token grew to $4.3, but on January 1st, 2018 it dropped by 50%. The first few days of March, NAGA had a stable price, ranging between $0.95 and $0.81. The development of NAGA DeFi and Social Betting represents the next phase of the ecosystem.
On average, NGC is expected to trade at around $0.6067, reflecting a moderate level of stability throughout the year. In the event of market downturns or corrections, NAGA may experience a low trading price of around $0.2074 for the year 2031. This serves as a reference point for potential market bottoming and represents the lower end of the price spectrum. The overall sentiment surrounding NAGA within the crypto community, as reflected in online discussions and social media activity, suggests an increase in value for the year 2029. Through a comprehensive analysis of NGC technical indicators, we aim to predict the future price of NAGA.
- This feature, known as Autocopy, creates a collaborative environment where both novice and experienced traders can benefit from shared knowledge and strategies.
- Reward amounts will be determined based on the type and relevance of the information provided.
- Away from the Fed easing story there is also the risk of US fiscal deterioration and de-dollarisation – perhaps both slow-burn stories.
- The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.
In line with this, silver prices were forecast to decline by 4% in 2024, which looks impossible to happen after a 40% advance in the first half of the year. The progress of the Middle East and Russian conflicts is also a key factor for metal prices, as currently, silver is also seeing some safe-haven demand, as the crisis rages on. This trend is expected to persist due to anticipated slowing global economic growth in 2025, as well as potential mild recessions.
Current NAGA Price
NGC is traded on a single exchange which is Kucoin, with one pair, USDT. Over the last thirty days, the average daily trading volume has been approximately $144,363.43. Through NAGA DeFi, users can engage in decentralized finance activities such as lending, borrowing, and earning interest on their crypto assets. This aspect of NAGA aims to provide financial services without the need for traditional banks, making it accessible to a global audience.
Buy and Sell over 150 coins on the world's biggest crypto exchange - Binance. If you are trying to find cryptocurrencies with good returns, you should explore the maximum of available sources naga coin price prediction of information about NAGA in order to make such a responsible decision about the investment by yourself. Because NAGA has strong fundamentals and a lot of people are invested in this cryptocurrency, we predict that the future for NGC looks promising. This graph contains dummy data, create an account to view the real predictions. A long-term price hike is expected for NAGA and our experts believe that the price of NAGA (NGC) is expected to trade between $10.94 to $13.31 by 2040. Throughout 2025, the average trading price of NAGA will hover around $0.0214.
Since both are considered monetary metals, they usually move together—which can give us clues when the ratio gets stretched in one direction or the other. Silver’s long-term technical setup shows a bullish trajectory, with the metal consolidating above key support levels after breaking a decade-long resistance at $30 in 2024. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily NAGA price chart. To see more analysis and outlook, please check the NAGA price prediction page. Compared to today's exchange rate, NGC cryptocurrency price is down by -98.96% so, An investment of $100 now would have been worth $1.04.
The project comes with a pretty bold mission – to transform an old banking sector. The technology behind NAGA is multifaceted, blending blockchain innovation with social trading and artificial intelligence. At its core, NAGA operates on the Ethereum blockchain, utilizing the ERC20 standard for its cryptocurrency, NAGA Coin (NGC). This choice of blockchain ensures that NGC benefits from Ethereum's robust security features, including its decentralized nature and consensus mechanism, which help prevent attacks from bad actors. NAGA's vision extends to providing a seamless trading experience without the need for traditional bank accounts or fiat money.
While precise predictions are challenging, our prediction model anticipate that the average cost of NGC during this period will settle around $0.0677. Any references to trading, exchange, transfer, or wallet services, etc. are references to services provided by third-party service providers. Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts. Not to mention predicting something so perfect is completely impossible. The daily chart indicates that the initial point of resistance on the upside is located at the $0.0191 level. Most of the silver mining in that part of the world shifted east to Greece by 1200 B.C., as that civilization expanded.
