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EGO Price Analysis: EGO Future Prospects and Price Overview

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EGO is an internal token of the Paysenger platform. Paysenger is a platform that enables content creators, fans and brands to collaborate, using the best tools for content monetization and audience engagement. Paysenger leverages cutting-edge technology and proprietary AI developed in partnership with Dr. Tamay Aykut, formerly v.a. Prof @ Stanford. The project is built by a skilled team and is backed by major blockchain platforms such as Polygon and ConsenSys.

On the platform, users can pay authors for exclusive content, tips or expert opinions, as well as access paid content on a subscription basis.

Paysenger broadens the paid creator audience by allowing users to support creators and commission their content with EGO tokens that can be obtained by completing tasks on the platform.

EGO Price Overview & History

The trading volume of Paysenger EGO is $5,401,636 in the last 24 hours, showing a 7.70% drop from one day ago and indicating a recent decrease in market activity.

The highest price for EGO crypto is $0.08136, which was reached on Jul 06, 2023, about 8 months. Compared to that, the current price is 30.51% lower than the all-time high price.

The lowest price for the crypto is $0.01826, which was recorded on Aug 29, 2023, for about 6 months. Compared to that, the current price is 209.57% higher than the all-time low price.

The fully diluted valuation (FDV) of Paysenger EGO is $28.3 Million. This is a theoretical estimate of the maximum market cap, assuming all 500 Million EGO tokens are in circulation today. It may take several years before FDV is achieved, depending on how the emission schedule of EGO tokens is designed.

Technical Analysis of EGO Crypto Price 

EGO
Source: TradingView

Over the week, EGO crypto experienced an increase of approximately 32.58%, and this incline was 46.40% through the month. Looking back over the past three months, Paysenger EGO cryptos have increased by about 111.43%, while the incline extends to around 201.38% over the last six months. Furthermore, the crypto’s performance throughout the year has been remarkable, with a year-to-date incline of approximately 45.35%.

The current value of RSI is 73.59 points. The 14 SMA is above the median line at 62.32 points which indicates that the EGOUSDT crypto is bullish.

The MACD line at 0.00440 and the signal line at 0.00263 are above the zero line. A bullish crossover was observed in the MACD indicator which signals more strength for the DOGE crypto price.

Summary

EGO technical oscillators and indicators support the bullish trend. The MACD, RSI, and EMAs show positive indications and suggest that the positive trend may continue in the Paysenger EGO crypto price. Moreover, EGO crypto could go higher if it gets enough support from bulls. 

Technical Levels

Support Levels: $0.05000

Resistance Levels: $0.06000

Disclaimer

This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.

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