Energy Web Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like Energy Web.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Energy Web, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Energy Web.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Energy Web on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Energy Web.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Energy Web and the broader cryptocurrency market.

Energy Web achieved the all-time high of $22.67 in 2021-04-17, and is currently trading at $1.76.

Energy Web reached its all-time low of $0.5436 on 2020-04-03.

The current market cap of Energy Web is $107.01M, as 60.51M EWT is trading at the price of $1.76.

There are currently 60.51M EWT circulating in the market. These Energy Web can be actively traded or used in the open market.

The maximum supply of EWT is 100M , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Energy Web is $176.83M. The FDV is calculated taking the assumption that all supply of Energy Web is circulation, multiplied by its current price of $1.76.

Using an algorithm to automatically identify historical data trends, this Energy Web price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Energy Web offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Energy Web and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Energy Web.

You can buy Energy Web via Gate by following the steps on how to buy EWT once you have funded your account.