The crypto market appears to have made a quick turnaround in recent weeks. Following a brief decline in the previous two months, the cryptocurrency market has either stayed constant or has been slowly increasing. At the present, it appears that the digital asset business is on the rise once more. Will VGX be subjected to the same price swings? In this VGX price prediction 2022 post, we’ll find out soon enough. Let’s have a look at what VGX is first.
Voyager Token is a cryptocurrency broker that offers investors a safe and secure way to trade digital assets. Voyager is designed to provide a near-instant solution for trading crypto-assets for both individual and institutional investors.
The crypto brokerage service, which debuted in October 2018, currently offers over 55 crypto assets and has a proprietary smart order routing system that connects it to more than a dozen crypto exchanges. The Voyager Token’s mobile app was released in January 2019, making it even easier for consumers to exchange cryptocurrency.
Voyager Token (VGX), the brokerage’s native token, is used to reward users in the Voyager ecosystem. When kept via the Voyager app, VGX produces interest, gives cashback benefits, and other features only available to Voyager members. Voyager also provides completely free transactions, including both buying and selling. When placing an order on the site, traders must only pay the specified price.
The Current State of the Voyager Token (VGX) Market
VGX is now trading at $4.03 with a 24-hour trading volume of $7,399,711 at the time of writing this Voyager Token price research. In the previous 24 hours, the price of VGX has risen by 1.49 percent. Binance, HitBTC, Uniswap (V3), Uniswap (V2), and CoinEx are the main cryptocurrency exchanges for VGX right now. Let’s move on to the next section of this VGX technical analysis for 2021. Is Voyager Token, then, a good cryptocurrency to buy in in 2022? In this VGX price prediction 2022 post, we’ll discover out.
A Price Analysis for the Voyager Token (VGX) in 2022
VGX is currently ranked 98th on CoinGecko. The Ascending Channel Trend pattern may be seen on the charts, which are set to a daily time frame. The price action that occurs in an upward manner across a rising parallel line is known as an ascending channel. The chart also illustrates the price pattern’s Higher Highs and Higher Lows. Furthermore, this pattern is bullish in the short run.
As illustrated above, VGX reversed its bearish trend at the start of this month. This is due to the significant amount of transactions that occurred during that time period. The Relative Strength Index (RSI) is currently at 77.35, indicating that VGX is overbought. As a result, traders must use caution when trading and avoid more losses.
Since the beginning of 2021, the price of VGX has undergone several positive movements that have been greater than the prior one. Moreover, these are immediately followed by volatility, consolidation, and corrections. Taking this into account, VGX will face stiff competition in 2022.
VGX Price Prediction 2022
Voyager Token will hit $15 by the end of 2022 if the current positive trend continues. Furthermore, the first half of 2022 will see a rapid increase, reaching $16.5. After that, the climb will slow down, but no significant drops are forecast. With impending partnerships and innovations, hitting $15 is a bit of a stretch in terms of pricing, but it’s certainly doable in the near future.
VGX Price Prediction 2023
If VGX can maintain the resistance level around the 200-MA, or long-term moving average, purchasers will have enough time and stability to create the next attack mission at the crucial level of around $28, preventing the stock from plummeting and allowing it to trade regularly.
VGX Price Prediction 2025
VGX pricing might reach $50 in the next three years. However, VGX may not have a tough time hitting this level if another medium, short-term, and long-term price goals for purchase or sell orders can be established. According to the VGX price prediction, it has a good chance of achieving a new all-time high in the next five years.
VGX Price Prediction 2031
According to our study and analysis of historical data, the price of 1 VGX might reach $114.80 by 2031. The average price of Voyager Token is projected to be about $96.85, with a minimum price of $94.11.
In 2022, Voyager Token has a bright future ahead of it. We may see VGX reach new heights as a result of the continuous advancements inside the VGX ecosystem, as well as in the larger crypto market. The bullish price estimate for VGX in 2022 is $15. As previously said, if investors feel that VGX, along with mainstream cryptocurrencies, is a solid investment in 2022, it may even hit its new ATH.