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iExec RLC Price Prediction 2022-2026

source-logo  cryptopolitan.com 04 April 2022 05:43, UTC

The iExec RLC price prediction involves careful analysis of the charts to establish the most probable prices in the future, assuming other external factors are kept constant. Most of our analyses are purely reliant on price action and do not depend on the possible news that could affect the price of RLC tokens in the future.

One significant determinant of the iExec RLC price predictions is the performance of its decentralized computing platform that is expected to revolutionize the world of computing. iExec aims to offer cloud computing resources whenever they are on demand.

The live iExec RLC price today is $2.53 USD with a 24-hour trading volume of $28,205,649 USD.  iExec RLC is up 2.49% in the last 24 hours. The current CoinMarketCap ranking is #277, with a live market cap of $203,075,950 USD. It has a circulating supply of 80,200,793 RLC coins and the max. supply is not available.

Let’s have a deeper understanding of the iExec platform before forecasting the future price of its native token, RLC.

iExec RLC Price Prediction 2022-2026 1

Image courtesy of CoinMarket Cap

iExec RLC Overview

The radical developments in the blockchain space have sparked innovations in several aspects of the tech space. iExec is one of the leading blockchain technology innovators, as it provides a unique solution to the computing world.

The platform offers decentralized computing services that instantly allow the commercialization of computing power and resources using blockchain technology.

The iExec platform mainly focuses on computing power to improve well-known fields such as Artificial Intelligence, fintech, and big data. Other notable areas of focus include healthcare and rendering as well.

The iExec network comprises a vast network of iExec workers who are essentially computing resource workers who are typically rewarded with RLC tokens upon connecting to the network.

Latest developments

2022 is promising to be another productive year for the ecosystem as they are looking to explore web 3; this was announced on their Twitter page on 5 January 2022. The next day, they advertised that they were hiring personnel that would help along their journey into web3. Other plans are indeed in place to improve the ecosystem, and the coin is one to watch out for in the coming years.

What is RLC?

The RLC tokens are issued to workers who commit their computing power to the iExec network. However, the network isn’t only limited to those who can offer cloud resources. iExec workers can also earn RLC tokens by providing valuable resources to the iExec network users.

For instance, the users can contribute applications by monetizing their algorithms. Similarly, big data owners can make their data available to iExec users in exchange for RLC tokens.

The platform offers a wider variety of services that guarantees a broader target market. Therefore, there are higher chances of the platform remaining relevant over the years, making RLC tokens relatively safe for long-term investors.

Therefore, having understood the utility of RLC tokens within the iExec network, let’s analyze the historical price of the RLC coin to project its expected future price using the advanced technical analysis tool available to us.


iExec Overview

iExec Overview
Coin Symbol Price Marketcap Change Last 24h Supply Volume (24h)
iexec-rlc
iExec RLC
RLC
RLC $ 2.53 $ 181.52 M 2.68% 71.63 M $ 23.84 M

Pros and Cons of investing in iExec RLC

A good investment is determined by the investor’s ability to manage risks to earn the optimal profit without losing the investment. However, the skill has been challenging to master for most people, and it has become even more challenging in the cryptocurrency space.

When investing in cryptocurrencies, an investor needs to understand the risks involved. There are several determinants of a digital coin price, and since some of these factors are uncontrollable, it is often difficult to manage risks in the crypto space.

Below are some of the pros and cons of investing in the iExec RLC, considering its current price and technical analysis from its price charts.

Pros of investing in iExec RLC

  • The iExec network provides value to a broader range of industries, from healthcare to fintech and big data. These are robust industries, that if the iExec network penetrates, the price of RLC, according to the iExcec RLC forecast, can increase significantly.
  • Based on the trend analysis, the iExec token is still performing below its potential, and it’s a matter of time before crypto enthusiasts take a keen interest in the token. By considering the support levels on its trend line, the future of RLC appears to be strongly bullish.
  • Several price predictions on RLC show that the token is poised to increase in value over the years. These predictions consider the previous price of iExec RLC and make up the most reliable price projections.
  • Unlike other low market cap cryptocurrencies that require investors to take even more significant risks to invest, RLC crypto already provides users with a relatively decent market cap, protecting investors from market manipulation, often common among low cap cryptocurrencies.

Cons of investing in iExec RLC

  • The iExec network focuses on several aspects of decentralization, and it may be difficult for them to focus and perfect their skills in one field. Therefore, if not executed properly, the platform may not be an industry leader in any of its focus areas, and this could spell doom for its native digital token, RLC.
  • The RLC, based on the fundamental analysis of its price action, indicates that the token recently gained attention and has been rather slow in the past. Therefore, investors may be at risk of making losses if the current interest in the iExec network, witnessed on the charts, is short-lived.

Where can I buy iExec RLC cryptocurrency?

The iExec RLC is available on several popular cryptocurrency exchange platforms. The token can be bought and sold on both centralized and decentralized platforms.

Currently, the coin is available on Binance, Upbit, Uniswap V2, VCC Exchange, Bittrex, and HitBTC exchange platforms. The list comprises centralized exchange platforms like Binance and decentralized exchange platforms like Uniswap V2 to reach a broad cryptocurrency audience.

Is iExec (RLC) profitable for short-term investors?

A profitable venture requires time and most investments in the cryptocurrency market need time to become profitable in the long run. Like small startup businesses, cryptocurrency investors must be prepared to face the market volatility and endure when the cryptocurrency market suffers severe bear momentum.

For iExec RLC, the coin could benefit from the technological solutions provided by its platform. The iExec ecosystem includes several solutions in the AI and big data spaces that could pick up faster.

If the much-anticipated surge in demand happens, the iExec RLC could be a profitable venture for the short term.

Should I buy and hold iExec (RLC) for the long term?

Yes! The iExec RLC cryptocurrency is suitable for long-term cryptocurrency holders. The token is projected to continue in an upward momentum from 2022, indicating that the cryptocurrency community will adopt several iExec RLC projects.

Based on these findings, the new technological solutions provided by the iExec platform ensure that RLC is a profitable long-term venture. The iExec marketplace is projected to significantly impact extensive data analysis, healthcare, and other aspects of integrated services.

When the mass adoption happens, the price of RLC is expected to skyrocket, and long-term holders of the iExec RLC will reap good profits according to the most popular technical indicators.

What are other ways of investing in RLC?

There are many ways but you can consider the following if you know the platforms:

  • iExec RLC staking
  • iExec RLC liquidity mining with Hummingbot
  • iExec RLC liquidity pooling on Uniswap

iExec RLC Technical Analysis

Source: IntoTheBlock

iExec RLC trading volume is up 14.84% today.  The chart below shows the past price of iExec RLC consolidating on 22nd March, followed by an upward trend until 23 March, from where the William Alligator begins a feeding trend. The 14 days RSI shows the price in a rather stable position. 

iExec RLC Price Prediction 2022-2026 3

MACD line in the chart below is heading down towards the signal line showing the impending fall in iExec RLC price.

iExec RLC Price Prediction 2022-2026 4

iExec RLC Price Predictions 2022 – 2030

Walletinvestor

iExec RLC is an ‘Outstanding’ two-year investment with an ROI of 50% making iExec RLC a good buy to hold for two years. iExec RLC price will be bullish for the next two weeks reaching a maximum price value of $3.024 and a minimum value of $2.333. iExec RLC tokens will proceed to rise in value reaching 113% ROI in 2024 and 228% in 2025. iExec RLC will then grow by 50% into 2026 from 2025.

Swapspace

Swapspace projects a modest 19% ROI this year. iExec RLC will continue to grow into 2023 at 50% and 79% in 2024. With more optimism in store for iExec RLC, it will continue growing at 79% in 2025 before reaching 67% ROI in 2026. The average iExec RLC price is set to grow by 571% in 2030.

Uptobrain

According to Uptobrain, iExec RLC will trade at an average price of $4.5 this year with the capacity to grow to a maximum value of $8. iExec RLC price will then drop to $4.09 in 2023 before growing to an average price of 6 in 2024. The upward trend will continue into 2025 at $8.72 before crossing the $11 mark in 2026 and selling at a mean price of $12.iExec RLC’s forecast price in 2030 is $106.30.

Cryptopolitan

iExec RLC Price Prediction 2022-2026 5
iExec RLC Price Prediction 2022-2026 6

iExec RLC Price Prediction 2022

iExec RLC tokens’ current price is $2.45, trading about the year mean trading price of $2.42. iExec RLC price is set to trade between a maximum price of $2.79 and a minimum price of $2.33 if the cryptocurrency market avoids sudden jolts.

iExec RLC Price Prediction 2023

Compared to the other prediction by Swapspace, they both agree that the average price of iExec RLC will grow to about $3.44. It will trade between $3.35 and $4.16.

iExec RLC Price Prediction 2024

Based on past price performance iExec RLC price will rise to $4.86 in 2024 and will touch $5.69 before correcting. The minimum price will be $4.69.

iExec RLC Price Prediction 2025

Product licensing of iExec in more jurisdictions will increase investor funding and this will increase the value of iExec RLC. iExec RLC will trade at $6.86 and the price will range between $8.09 and $6.61.

iExec RLC Price Prediction 2026

iExec RLC value is projected to reach $10 in 2026. Traders will be able to sell iExec RLC at $10.26, with a high price of $11.56 and a low price of $9.98.

iExec RLC Price Prediction 2027

iExec RLC projects will grow in 2026. iExec RLC has an all-time high of $16.26. During this period it will trade at a maximum price of $17.56. iExec RLC price will average at $14.90 and bottom at $14.49.

iExec RLC Price Prediction 2028

iExec RLC marketplace will scale incorporating more oracles increasing its token utility. Positive market sentiment will drive iExec RLC price to $22.08.

iExec RLC Price Prediction 2029

Our smart technical analysis suggests iExec RLC will reach a price level of $32.39. iExec RLC will trade between $36.55 and $31.28.

iExec RLC Price Prediction 2030

Business analysts unanimously agree iExec RLC price value will reach a record high in 2030. Our projections place iExec RLC at an average price of $46.15 while trading between $53.88 and $44.53.

iExec RLC Price Predictions by Industry Influencers

iExec launched a community-led decision-making platform last month March 2022. iExec is adopting a DAO led system that will help improve the decentralized cloud infrastructure of iExec. 

During the announcement, Nelly Carnejo head of operations at iExec commented that the site would attract more users due to its open nature with a vibrant community. An ecosystem where users were recognized and incentivised for their contributions with their native token RLC.

iExec RLC price has been rallying upwards from that day.

Conclusion

Since its launch, RLC has managed to stay relatively stable on the market cap rankings. The RLC has continuously recorded steady growth in its price. The iExec RLC price prediction indicates that the cryptocurrency is highly likely to increase in value over the years, signalling long-term investors to take advantage of the investment opportunity as early as possible.

Based on the above technical analysis of the iExec RLC price, the cryptocurrency is a good crypto investment for the long term. Despite the difference in price predictions from other sources, it is evident that the cryptocurrency will continue to retest the resistance levels and record new ATHs in the future.

Although these RLC price projection results are perfectly accurate, they provide a clear direction of the price of RLC based on its previous prices. According to Cryptopolitan, the best prices of the RLC coin is yet to come, and cryptocurrency investors should anticipate making profits from their RLC investments in the future by holding for prolonged periods.

iExec RLC token holders will now be able to make decisions for the iExec ecosystem. The new voting system will allow iExec members to make decisions on proposals made for the ecosystem. iExec RLC utility is increasing with every update and this will result in an iExec RLC price rise.

Researchers unanimously agree that the value of the iExec RLC coin will grow in time.

FAQS about iExec RLC 

Should I purchase the iExec RLC coin?

iExec RLC is a profitable investment whose cloud services have well-proven use cases.

On which exchanges can you get iExec RLC?

iExec RLC token is listed on many exchanges including Coinbase, Binance, Bithump, Kucoin and Gate.io. Trading pairs provided against RLC are USDT, USD, BTC and KRW on Bihump.

Where can I store iExec RLC tokens?

All Ethereum wallets can store iExec RLC.

Will iExec RLC value rise?

The value of iExec RLC is projected to trade higher this year.

How much will iExec RLC be worth in ten years?

iExec RLC will be worth $50 in ten years.

Is iExec (RLC) a safe venture in 2022?

The iExec RLC’s future possible growth is positive since it offers innovative solutions to the cloud space. The cryptocurrency behind the iExec cloud platform allows data providers to sell data and bring computing resources together through decentralized applications.

RLC is relatively safe, based on the trend analysis and the data from its previous prices. The platform is also poised to benefit from the unique consensus protocol, helping the RLC coin price.

As a trader who wants to buy RLC using ETH, here is what the operation looks like:

  1. The trader sends 1 ETH to the exchange contract. That will increase the total amount of ETH stored on that smart contract,
  2. The RLC/ETH Uniswap exchange contract collects a 0.3% fees on the trade (= 0.003 ETH) used as a reward spread among the liquidity providers,
  3. The RLC/ETH Uniswap exchange contract sends 0.997ETH worth of RLC tokens back to the trader. That will deplete the total amount of RLC tokens detained by the smart contract.

Will iExec (RLC) get back to its ATH

With continual innovations, partnerships and developments, we have every reason to expect that the RLC token will likely surpass its all-time high in 2026. However, the RLC token has every tendency to break its ATH before then, as there is always something cooking with the iExec ecosystem. 

Will iExec (RLC) reach $50?

The RLC token has the potential to reach the $50-mark. However, the time it will break the $50-mark cannot be pinpointed. We expect that with constant innovations and partnerships, the coin should break into the $50-mark before 2029.

Is iExec RLC token good for newbies?

Newbies often tend to make hasty business decisions and are often “rekt” when high market volatility. Therefore, newbies are often advised to begin their cryptocurrency investing journey with popular cryptocurrencies with higher market cap rankings like BTC and ETH.

iExec RLC has a decent ranking; however, it is still prone to high volatility and could easily confuse newbie investors. Therefore RLC isn’t appropriate for new crypto investors.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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