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ILV is the native token of the Illuvium ecosystem. ILV is used to reward players for their in-game achievements, and entitles players to their share of the Illuvium Vault.
Illuvium exists both in the Ethereum blockchain as well as in the Solana blockchain.
What is Illuvium (ILV)?
Illuvium is an open-world exploration, non-fungible tokens (NFTs) creature collector, and autobattle game built on the Ethereum Blockchain, released on PC and Mac in 2022. It also powers play-to-earn geographical games. Illuvium platform gives gamers complete ownership of their gaming assets.
Now, we shall discuss the price analysis of Illuvium (ILV) for the coming years.
Flashback: Fundamental Analysis of Illuvium (ILV)
In a recent publication on the Illuvium Medium page, the launch of the Illuvium Stake v2 was announced. This upgraded version will help to limit the number of ILV in circulation since stakers can mine ILV on the ETH/ILV liquidity pool. This has helped Illuvium to be one of the top notched Defi projects as well as a GameFi project.
We shall now consider what charts are showing about the price analysis of Illuvium (ILV).
From the 1-day chart above showing EMA Ribbon indicator for ILV/USDT, we can deduce that the price of Illuvium might dip further. This is because the EMA ribbon moving averages is above the recently formed candlesticks.
The chart above shows the balance of power indicator which is used to determine if a market is controlled by either the buyers or sellers. From the chart for ILV/USDT, we can see that its BOP value is -0.27. Since it is below 0, it means that the bears are having their way and that the price of Illuvium might decrease soon since it also has a negative divergence.
Now, we shall look at the price prediction of Illuvium (ILV) for the coming years.
Price Prediction of Illuvium (ILV) in 2022
The price of Illuvium (ILV) is expected to gain at least 6% by the end of June 2022 from its present price from its technical analysis. This means that it will be trading at around $550.95 by the end of the first half. Its price is expected to rise by at least 10% in the second quarter. This means that ILV would trade at least $606.05 by the end of December 2022.
Price Prediction of Illuvium (ILV) in 2023
The price of Illuvium (ILV) is expected to gain at least 5% by the end of June 2023 from its present price from its technical analysis. This means that it will be trading at around $636.35 by the end of the first half. Its price is expected to rise by at least 12% in the second quarter. This means that ILV would trade at least $712.71by the end of December 2023.
Price Prediction of Illuvium (ILV) in 2024
The price of Illuvium (ILV) is expected to gain at least 10% by the end of June 2024 from its present price from its technical analysis. This means that it will be trading at around $783.98 by the end of the first half. Its price is expected to rise by at least 9% in the second quarter. This means that ILV would trade at least $854.54 by the end of December 2024.
Price Prediction of Illuvium (ILV) in 2025
The price of Illuvium (ILV) is expected to gain at least 16% by the end of June 2025 from its present price from its technical analysis. This means that it will be trading at around $991.27 by the end of the first half. Its price is expected to rise by at least 7% in the second quarter. This means that ILV would trade at least $1060.66 by the end of December 2025.
Price Prediction of Illuvium (ILV) in 2026
The price of Illuvium (ILV) is expected to gain at least 8% by the end of June 2026 from its present price from its technical analysis. This means that it will be trading at around $1145.51 by the end of the first half. Its price is expected to rise by at least 6% in the second quarter. This means that ILV would trade at least $1214.24 by the end of December 2026.
Now we shall consider different media platforms to see what their forecast is on Illuvium (ILV) price.
Market Sentiments on Illuvium (ILV)
PricePrediction
According to PricePrediction, the coin’s average price could reach $889.13 by the end of 2022 and surge to $29269.09 by 2031 which represents a 3191% increase.
DigitalCoin
According to DigitalCoin’s Illuvium (ILV) price prediction, the average price could reach $731.50 in 2022 and surge by over 292% by 2031 to trade at $2873.28.
Coindataflow
According to Coindataflow price prediction, the average price of Illuvium (ILV) in 2022 could be $602.88, surging by 77% in five years to trade at $1067.11 in 2027.
Our illuvium (ILV) Price Prediction
The price of Illuvium (ILV) will trade at at least $606.05 by the end of 2022 and then increase by over 100.35% in four years' time to trade at $1214.24 by the end of 2026.
Conclusion
Illuvium (ILV) long-term investors will enjoy good returns. This is due to the positive outlook of the fundamental analysis, price predictions, and market sentiments.