NEST Protocol Price Prediction

NEST Protocol Price Prediction

NEST Protocol Fundamental Analysis

NEST Protocol Fundamental Analysis
NEST Protocol Fundamental Analysis

NEST Protocol Price Chart

Nest Protocol started trading in July 2020 approximately at $0.03. The price soared in August 2020, as NEST got listed at more and more exchanges, riding the wave of DeFi popularity. This growth was probably compounded by the anticipation of Cointelegraph China’s big DeFi conference (which took place in September of the same year), and NEST’s price reached the all-time high of $0.2382 on August 10, 2020. After that, the price declined sharply, though, by mid-September reaching ~$0.05 — $0.06. Various strategic partnerships failed to restart an uptrend for NEST’s price: later the same year it fell further to ~$0.02 — $0.03 and stayed there until the beginning of 2021. Crypto bull run in the first months of 2021 buoyed NEST’s price somewhat, allowing it to break the $0.05 barrier and even reach $0.07 at some point. By late May 2021, though, the price fell to the new lows of ~$0.01, where it’s been staying at least until the middle of the summer.

NEST Protocol Price Chart
NEST Protocol Price Chart

NEST Protocol Technical Analysis

Despite the fact that 100% accurate technical analysis for NEST Protocol cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated NEST buy-and-sell rating for selected timeframe. The summary for NEST/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

NEST Protocol Technical Analysis
NEST Protocol Technical Analysis

NEST Protocol Price Prediction

Below we have collected the most reliable price projections for NEST Protocol (NEST) from popular forecast platforms.

#1. WalletInvestor NEST Price Prediction for 2021, 2023, 2025

According to WalletInvestor, NEST Protocol price will drop from $0.01118 to $0.000586 in one year. That makes NEST an bad investment. The long-term earning potential is -94.76%.

#2. TradingBeasts NEST Price Prediction for 2022

Answering the question about if Nest Protocol is a good investment, TradingBeasts say a resounding yes. In the 2021 perspective, this coin price is predicted to reach $0.0153692 with a growth to $0.0217304 by the end of 2022.

#3. DigitalCoin NEST Price Forecast for 2021, 2022, 2023, 2025

In DigitalCoin analysis, the price of NEST Protocol cryptocurrency will rise in the next 5 years starting from $0.0107964 as of today’s price to $0.0422836. It will go up to $0.0174648 by 2022 and continue its growth in 2023–2024. Based on this forecast, NEST Protocol is a profitable long-term investment.

Summary

As it can be clear from the analysis cited above, NEST Protocol (NEST) projections are rather contradictory. There is no universal consensus either about positive or negative future NEST price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the NEST Protocol projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).

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