Gas Price Prediction: 2024, 2025, 2030 (2024)

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

GAS price prediction: Key highlights

1. Primary support and resistance levels

• Analyzing the weekly timeframe, the lowest support level for GAS lay at$2.1.
• Meanwhile,$20 can likely prove to be the peak resistance.

2. Market sentiment

• As of April 2024, thebullish sentiment surrounding GAS appears to be weakening.

3. Predictive forecasts

• Forecasts from AI/ML predictive models estimate that the average price of GAS will reach$23 by 2028 and increase to$130 by 2035.

Get insights onGAS via a comprehensive weekly technical analysis, followed by the coming weeks of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

GAS technical analysis: Bullish sentiment struggles amid increasing selling pressure

GAS’ prospects forbuyers have been less than appealing, butGas price prediction for 2024 might bring some new perspective. Till mid-April, the price tested the resistance at$3.6.The rejection at this level led to a series of declines.

By June, thecryptocurrency was further engulfed inbearish clutches, with its price falling to the lowest support within the analyzed time frame at $2.1.Attempts to breach the previous resistance again in July faced a similar trajectory. The price retraced its steps to the lowest support by mid-August.

Towards the end of October, the market witnessed a paradigm shift as bullish forces gained the upper hand, propelling GAS beyond the$3.6 resistance. Subsequent price pumps led GAS to soar as high as$29 by November.

The main catalyst for this surge was the GAS/KRW trading pair on theUpbit exchange. Data fromLookonchain disclosed that Upbit accounted for an astonishing61%of the trading volume for GAS pairs, marking it as a major factor in this unexpectedrally.Additionally, revelations from theNeo founder about the creation of a sidechain designed to eliminate toxicMaximum Extractable Value (MEV) and censorship played a pivotal role.

However, the euphoria was short-lived. GAS could not sustain this peak and faced a sharp rejection, indicatingovervaluation. This led to a price correction. The price fell below its temporary support at$9.1 in mid-November, turning it into a new high resistance.

Entering mid-December, the price dipped below$7.The bulls were able to stabilize GAS at$5 support in January. Their consistent pressure led thealtcoin to reclaim this levelas support by the end of February.

Nonetheless, the price retraced its steps back below$7 by mid-March. At the time of writing, GAS was trading at$5.6, withbulls striving to defend the current support.

Given GAS' utility as a fuel token for the sidechain, its consumption and, by extension, its value is expected to increase as the sidechain development progresses. Short to medium-term prospects suggest that if bulls successfully breach the current resistance, GAS could target price levels of$14and$20. However, the latter can also temper further gains.

Conversely,bearish pressurescould see GAS’ current support level breached, with the price retracting to$3.6.

Our predictive models indicate that by 2028, the average price of GAS is expected to reach$23. This growth is noteworthy as it reflects a robust recovery in the market. Despite this positive outlook, the pathway to surpassing its all-time high (ATH) remains lengthy. The models anticipate that by 2035, the average price of GAS could potentially soar to$130.

GAS' 2024 roadmap: Key indicators to watch and trade

• The trading volume started out concerninglylow but began to recover as the price pumped in Q4 2023. As GAS retracted below its peak resistance, a corresponding decline in tradingvolume was noted. This reflected a lack of conviction among traders at higher price levels, often seen before a potentialdownturn.
• The On-Balance Volume (OBV) indicator remained relatively flat until mid-October, suggesting that the trading volume was consistent, with no significantbuyingorselling pressure.
• Following this period, the OBV experienced a sharp peak, reaching as high as1.993 million by the end of October. This peak was succeeded by a decline that resulted in the indicator registering negative values.
• By the conclusion of the analysis, the OBV stood at-693,355.This marked the lowest value over the observed period, further emphasizing the increase inselling pressure.
• The Moving Average Convergence/Divergence (MACD) line fell below the signal line in May. It subsequently dropped below the zero line in June, with the signal line following by the end of the month.
• It was not until October that the MACD line climbed above the signal line and turned positive towards the end of the month. The signal line also followed shortly thereafter. Notably, the MACD line continued to ascend until December, after which it reversed its trajectory.
• Although it fell below the signal line again in January, the decline was less severe, with both lines staying above the zero line. At the latest measure, the MACD line was at0.2615, the signal line was at 0.4922, and the histogram stood at-0.2307. This implied that the underlying asset's price was generally in a longer-termuptrenddespite recentbearish activity.

Gas's Short Term Price Prediction

Gas price prediction 26 April 2024: Gas's price for 26 April 2024 according to our analysis should range between $5.18 to $5.96 and the average price of GAS should be around $5.57.

Gas price prediction 27 April 2024: Gas's price for 27 April 2024 according to our analysis should range between $5.18 to $5.96 and the average price of GAS should be around $5.57.

Gas price prediction 28 April 2024: Gas's price for 28 April 2024 according to our analysis should range between $5.18 to $5.96 and the average price of GAS should be around $5.57.

Gas price prediction 29 April 2024: Gas's price for 29 April 2024 according to our analysis should range between $5.12 to $5.89 and the average price of GAS should be around $5.50.

Gas price prediction 4 May 2024: Gas's price for 4 May 2024 according to our analysis should range between $5.13 to $5.90 and the average price of GAS should be around $5.51.

Gas price prediction 9 May 2024: Gas's price for 9 May 2024 according to our analysis should range between $5.13 to $5.91 and the average price of GAS should be around $5.52.

Gas price prediction 19 May 2024: Gas's price for 19 May 2024 according to our analysis should range between $5.13 to $5.91 and the average price of GAS should be around $5.52.

Gas price prediction June 2024: Gas's price for June 2024 according to our analysis should range between $6.93 to $7.97 and the average price of GAS should be around $7.45.

Gas price prediction July 2024: Gas's price for July 2024 according to our analysis should range between $7.35 to $8.46 and the average price of GAS should be around $7.91.

Gas price prediction August 2024: Gas's price for August 2024 according to our analysis should range between $7.78 to $8.95 and the average price of GAS should be around $8.36.

Gas price prediction September 2024: Gas's price for September 2024 according to our analysis should range between $8.20 to $9.43 and the average price of GAS should be around $8.82.

Gas price prediction October 2024: Gas's price for October 2024 according to our analysis should range between $8.62 to $9.92 and the average price of GAS should be around $9.27.

Gas price prediction November 2024: Gas's price for November 2024 according to our analysis should range between $9.05 to $10.41 and the average price of GAS should be around $9.73.

Gas price prediction December 2024: Gas's price for December 2024 according to our analysis should range between $9.47 to $10.89 and the average price of GAS should be around $10.18.

Gas's Long Term Price Prediction

Gas’s long term Price Prediction below is a look at GAS’s future prospect with regards to price. Gas was last seen at $5.37, with a market cap of $347,460,660 and trading volumes of $7,480,682. GAS’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

Gas price prediction 2024: Gas's price for 2024 according to our analysis should range between $8.51 to $12.76 and the average price of GAS should be around $10.64.

Gas price prediction 2025: Gas's price for 2025 according to our analysis should range between $17.47 to $26.20 and the average price of GAS should be around $21.84.

Gas price prediction 2026: Gas's price for 2026 according to our analysis should range between $35.87 to $53.80 and the average price of GAS should be around $44.84.

Gas price prediction 2027: Gas's price for 2027 according to our analysis should range between $73.65 to $110.47 and the average price of GAS should be around $92.06.

Gas price prediction 2028: Gas's price for 2028 according to our analysis should range between $151.21 to $226.82 and the average price of GAS should be around $189.02.

Gas price prediction 2029: Gas's price for 2029 according to our analysis should range between $310.47 to $465.71 and the average price of GAS should be around $388.09.

Gas price prediction 2030: Gas's price for 2030 according to our analysis should range between $637.47 to $956.21 and the average price of GAS should be around $796.84.

Gas price prediction 2031: Gas's price for 2031 according to our analysis should range between $1308.86 to $1963.30 and the average price of GAS should be around $1636.08.

Gas price prediction 2032: Gas's price for 2032 according to our analysis should range between $2687.38 to $4031.07 and the average price of GAS should be around $3359.22.

Gas price prediction 2033: Gas's price for 2033 according to our analysis should range between $5517.76 to $8276.64 and the average price of GAS should be around $6897.20.

Gas price prediction 2035: Gas's price for 2035 according to our analysis should range between $23261.18 to $34891.77 and the average price of GAS should be around $29076.47.

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GAS/USD Pair

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Gas’s current price is $5.37 and witnessed a -0.34% decrease in the past 24 hours. GAS/BTC pair saw a 0.54% increase in the past 24 hours

Investing in Gas, GAS will purely depend on your personal risk appetite. As you can see over the past 24 hours Gas’s price has witnessed a -0.34% decrease and over the past 30 days Gas has decrease by -23.38%. So it all depends on if this investment will hit your trading goals.

According to our latest Gas Price prediction for 2024, GAS should vary between $12.76 and $8.51. Please keep in mind that the crypto market is very volatile and this Gas price prediction does not account for extreme wild swings in price.

As per the Gas price prediction 2024 model above, GAS’s price for April 2024 should range between $8.51 to $12.76 with the average price for April being $10.64

According to the Gas Price Prediction model above, GAS’s price in 2025 would be $21.84. This price would however would range from $26.20 and $17.47.

According to the Gas Price Prediction model above, GAS’s price in 2026 would be $44.84. This price would however would range from $53.80 and $35.87.

According to the Gas Price Prediction model above, GAS’s price in 2027 would be $92.06. This price would however would range from $110.47 and $73.65.

According to the Gas Price Prediction model above, GAS’s price in 2028 would be $189.02. This price would however would range from $226.82 and $151.21.

According to the Gas Price Prediction model above, GAS’s price in 2029 would be $388.09. This price would however would range from $465.71 and $310.47.

According to the Gas Price Prediction model above, GAS’s price in 2030 would be $796.84. This price would however would range from $956.21 and $637.47.

According to the Gas Price Prediction model above, GAS’s price in 2031 would be $1636.08. This price would however would range from $1963.30 and $1308.86.

According to the Gas Price Prediction model above, GAS’s price in 2032 would be $3359.22. This price would however would range from $4031.07 and $2687.38.

According to the Gas Price Prediction model above, GAS’s price in 2033 would be $6897.20. This price would however would range from $8276.64 and $5517.76.

According to the Gas Price Prediction model above, GAS’s price in 2035 would be $29076.47. This price would however would range from $34891.77 and $23261.18.

The highest price for Gas was recorded in 15 January 2018 during which GAS hit an All Time High of $91.94

The price of 1 Gas according to current market rate is $5.37