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- 1 The Altura crypto price returns near the 50-Day EMA, reduces negative risks.
- 2 Technical signals are posting a neutral outlook at the moment as the price lacks volume and momentum.
Altura crypto price halts after a soft decline and still hovers in the range and lacks momentum. The price was headed nowhere in the past four intraday sessions. The ALU crypto price was hovering in the 20% range for the past four weeks.
On the 4 hour chart, the price demonstrates a frequent crossover of the key EMAs signifying a neutral outlook in the near term.
Altura is a platform which enables the Web3 game developers to create and manage NFTs in their games. Moreover, It provides tools to simplify the creation, update and transfer of NFTs as well as to secure and authenticate the NFT economy.
It also offers marketplace solutions, where the users can buy and sell NFT using ALU which is the native token of Altura. The token may be used to access the benefits of Altura such as lower fees and other governance rights.
Altura Trend Analysis
The daily chart shows the ALU price hovering in a range-bound zone for the past four weeks. The price seems to struggle near the 50-Day EMA but is not able to get any clear trend.
A break above possibility raises the potential of further upward pressure. The 50-Day EMA currently serves as an immediate support level. The broader outlook for Altura crypto is positive which may drive the price higher if it breaks out.
Moreover, the short term outlook is neutral which shows that there are possibilities of breakdown also. A break below the lower range may drag the price near the 200-Day EMA.
Altura Price Prediction January 2024
The price outlook for the short term is neutral until the price is maintained in the channel. The most optimistic forecast of analysts for January shows that the price may surge to a high of $0.0803. The negative outlook assumes the price could reach $0.046.
Altura Price Prediction 2024
The ALU coin may surge to resume with the long term trend if it breaks out of the falling wedge. On the most optimistic note, the ALU crypto may rise to a high of $0.105 suggesting an upside potential of over 79.95%. The pessimistic note assumes the price may attain a high of $0.0866.
Altura Price Prediction 2025
By 2025, the ALU crypto may rise to a high of $0.141 as per the most optimistic view of our analysts. The most pessimistic view of analysts assumes the price to reach a minimum of $0.109.
Altura Price Prediction 2026
The price prediction for the year 2026 shows that the highest price that ALU token may attain is $0.194. The bearish view of the analysts expects the price to reach $0.142 by 2026.
Altura Price Prediction 2027
The positive outlook for the ALU crypto shows that its price could reach a high of $0.230 by the end of year 2027. On the contrary, the negative outlook of the analysts hopes the price to attain a minimum of $0.184.
Altura Price Prediction 2028
ALU crypto price prediction for the year 2028 suggests that it could attain $0.286 as per the most optimistic view of analysts. The most pessimistic view of analysts expects the price to reach $0.233.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
