Pundi X is a company that has been working on the blockchain solution for facilitating cryptocurrency transactions. The first to provide a solution for making cryptocurrency transactions in a rapid and convenient manner, Pundi X aims to solve the problem of tedious KYC procedures for cryptocurrency exchanges.
Why should you be interested in Pundi X? Pundi X, formerly known as XPOS, is a next-generation mobile point-of-sale (mPOS) solution that aims to disrupt the current system that retailers and vendors use for cryptocurrency transactions. The point of the current system is to enable merchants to accept cryptocurrency payments, but the high fees on the current network of payment cards, and the time to complete a transaction, have made them unpopular. So, will Pundi X hit the $4 mark next year? Let’s take a look at the cost and business model to find out.
We believe that this is the best time to invest in the Pundi X project. The project aims to bring blockchain to the retail environment by enabling retailers to accept payments in any cryptocurrency, opening a new payment method for the unbanked and creating a channel for cryptocurrency companies to expand into the retail market.
- The range of bullish PUNDIX price predictions is $2.07 to $3.60.
- The PUNDIX price may rise to $4.
- The pessimistic market price forecast for 2023 is $1.20, according to PUNDIX.
We utilize data, price trends, ADX, and other information about PUNDIX to evaluate the cryptocurrency’s future movement in PUNDIX price forecast 2023.
Pundi X is a pioneering blockchain-powered device developer whose blockchain-based point of sale system aims to revolutionize retail companies. Retail businesses and customers may perform immediate in-store transactions thanks to the solution’s blockchain.
Pundi X’s Current Market Situation[new] (PUNDIX)
PUNDIX is now trading at $1.63, with a 24-hour trading volume of $41,785,439, according to Coingecko. PUNDIX, on the other hand, has fallen to 4.12% in the past 24 hours.
Furthermore, there are 258,491,637 PUNDIX in circulation. PUNDIX now trades on Binance, FTX, Upbit, KuCoin, and Bitrue, among other cryptocurrency exchanges.
Price Prediction for Pundi X[new] (PUNDIX) in 2023
Pundi X[new] (PUNDIX) is currently ranked 151st on CoinGecko. With a daily time period, Pundi X[new] price forecast 2023 is described below.
![Pundi X[new] Price Prediction 2023 – Will PUNDIX Hit $4 Soon?](https://imagegod.b-cdn.net/wp-content/uploads/2021/08/Pundi-Xnew-Price-Prediction-2021-Will-PUNDIX-Hit-4.png "Pundi X[new] Price Prediction 2023 – Will PUNDIX Hit $4 Soon?")
Higher High and Higher Low Pattern in PUNDIX/USDT (Source: Tradingview)
An uptrend occurs when the peaks and troughs on a chart rise. Higher highs and lower lows characterize the rise in prices. Prices that were regarded as highs in the preceding era are now much higher than they were before the uptrend started.
Not only do the highs end up being greater, but the preceding period’s lows acquire value and end up being higher as well. This tells a trader that prices are increasing and the total value is growing, signaling that it’s time to sell and profit before the downturn begins.
PUNDIX is now trading at $1.63. PUNDIX may then continue to decline in line with the higher high and higher low trend. With this pattern, PUNDIX may soon hit the $2.26 resistance level. PUNDIX’s price may fall below $1.54 if the trend reverses.
Support and Resistance Levels for Pundi X[new] (PUNDIX)
The support and resistance levels of Pundi X[new] are shown in the chart below (PUNDIX).
![Pundi X[new] Price Prediction 2023 – Will PUNDIX Hit $4 Soon?](https://imagegod.b-cdn.net/wp-content/uploads/2021/08/1629434069_579_Pundi-Xnew-Price-Prediction-2021-Will-PUNDIX-Hit-4.png "Pundi X[new] Price Prediction 2023 – Will PUNDIX Hit $4 Soon?")
Support and Resistance Levels for PUNDIX/USDT (Source: Tradingview)
The following are the resistance and support levels of PUNDIX, as shown in the preceding chart.
- $2.07 is the first level of resistance.
- $2.70 – Level 2 Resistance
- $3.60 for Level 3 Resistance
- $1.20 for Level 1 Support
- Level 2 Support – $0.59
The chart shows PUNDIX’s positive performance during the past month. However, this trend will eventually hit the $2.26 resistance level. PUNDIX, on the other hand, may fall below $1.54 if the trend reverses, indicating a negative indication.
Average Directional Index Pundi X[new] (PUNDIX) (ADX)
Now let’s have a look at PUNDIX’s ADVANCED DIRECTIONAL INDEX (ADX). The ADX, in particular, aids traders in assessing the strength of a trend as opposed to its direction. It may also be used to see whether the market is shifting or if a new trend is forming. However, it is connected to the Directional Movement Index (DMI).
The oscillator also has a range of 0 to 100. Furthermore, a high number indicates a strong trend, while a low value indicates a weak trend. It’s also often used in conjunction with directional indicators.
The ADX of PUNDIX is shown above, with a range of 50.54, indicating a significant trend.
Conclusion
Pundi X[new] is a cryptocurrency that is ideal for long-term investment. In addition, the PUNDIX price forecast is positive in the near future. This year, it has a strong probability of hitting $2.26. This, however, will only happen if a number of prior psychological obstacles are overcome.
Furthermore, with the improvements and updates to the PUNDIX ecosystem, PUNDIX’s performance will soon increase to $2.26. However, if investors think PUNDIX is a solid investment in 2023, it might reach $4.
Disclaimer: The views stated in this graph are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.
The Pundi X project, formerly known as “Nano”, has set up an ICO for its token. The project has announced that it will use the money raised to roll out their Pundi X POS terminals, which will allow people to buy, sell, and trade cryptocurrencies in physical stores. Their booth at CES 2019 in Las Vegas, Nevada, has gained a lot of attention, and cost is only one of the factors that has determined the success of their product.. Read more about pundi x nem price prediction and let us know what you think.
NPXS is a good investment for the future. It has a lot of potential to grow in the next few years, and its not too late to invest in this coin."}},{"@type":"Question","name":"Will NPXS go up?","acceptedAnswer":{"@type":"Answer","text":" NPXS is a cryptocurrency, so it will most likely go up in value."}},{"@type":"Question","name":"How much will Pundi X be?","acceptedAnswer":{"@type":"Answer","text":" Pundi X is currently trading at Answer3.0027 with a market cap of $1,869,903 USD."}}]}
Frequently Asked Questions
Is NPXS a good investment 2023?
NPXS is a good investment for the future. It has a lot of potential to grow in the next few years, and its not too late to invest in this coin.
Will NPXS go up?
NPXS is a cryptocurrency, so it will most likely go up in value.
How much will Pundi X be?
Pundi X is currently trading at $0.0027 with a market cap of $1,869,903 USD.
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