Trident Protocol is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. As of December 2020, the network has transacted an estimated $299 billion for over 2 million users. Trident Token is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency TDT, to facilitate programmable payments and open financial infrastructure development.

Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. The Trident price prediction for 2025 is between $ 0.0₈2493 on the lower end and $ 0.0₇1005 on the high end.

According to our Trident forecast, the price of Trident will decrease by -7.28% over the next week and reach $ 0.0₈1187 by August 14, 2023. View the total and circulating supply of Trident, including details on how the supplies are calculated. An overview showing the statistics of Trident, such as the base and quote currency, the rank, and trading volume. To check TridentDAO’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. This website is using a security service to protect itself from online attacks.

TRIDENT Price and Market Stats

Since the Trident market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Trident’s price movements. The Trident price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Trident projections, TRIDENT will be changing hands at $ 0.0₈1331 on Aug 16, 2023, gaining 3.96% in the process. Based on the historical price movements of Trident and the BTC halving cycles, the yearly low Trident price prediction for 2024 is estimated at $ 0.0₈1113. Meanwhile, the price of Trident is predicted to reach as high as $ 0.0₈2946 next year.

The highest expected price our algorithm estimates is $ 0.0₇8977 by Jan 1, 2049. According to our Trident prediction algorithm, the price of Trident will not reach $0.1. Here is it as well as other useful data about this kind of cryptocurrency.

What is the Trident price prediction for this week?

Finally, Trident is expected to trade at $ 0.0₈2748 on Aug 8, 2024, following a 114.72% value decrease in one year. The current Trident sentiment is bearish according to our technical analysis. According to our Trident prediction algorithm, the price of Trident will not reach $1.

It has a circulating supply of 100,000 TDT coins and a total supply of 100,000 TDT. If you are looking to buy or sell TDT, PancakeSwap (v2) is currently the most active exchange. Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Trident’s price action in 1-hour chunks. Each candlestick will display TRIDENT’s opening price, closing price, as well as the highest and lowest prices that Trident reached within the 1-hour period.

Total Supply

These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of TRIDENT. The market capitalization of Trident can change significantly in a short period of time. It has a circulating supply of 325,000 TRIDENT coins and a total supply of 325,000 TRIDENT. If you are looking to buy or sell TRIDENT, PancakeSwap (v2) is currently the most active exchange.

• ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors.
• According to our historical data, it is currently not profitable to invest in Trident.
• Trident will decrease by -7.28% and reach $ 0.0₈1187 by Aug 14, 2023 if it reaches the higher value target.
• PSI was previously launched on Harmony One but is not tradable until our migration to Arbitrum.

Many cryptocurrency traders pay close attention to the markets when the current Trident price crosses an important moving average like the 200-day SMA. Trident’s 50-day SMA (simple moving average) is currently $ 0.0₈1280. The 50-day SMA indicates the average price of Trident over a 50-day period. The 50-day SMA is commonly used to gauge the price trend upco2 price of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive TRIDENT price trend in the medium term, while a dropping SMA indicates the opposite. The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data.

What is the Trident Market Cap today?

For the last 30 days, more than 1 TRDT transactions have been made, on average daily 0.03 completed transactions. You are about to leave CryptoSlate in order to visit a cryptocurrency or ICO website. This link is provided solely for informational purposes and is not an endorsement in any way. We recommend that you exercise extreme caution and consult a registered investment advisor before taking any action. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the TRIDENT price. According to our Trident forecast, the price of Trident will increase by 10.07% over the next month and reach $ 0.0₈1409 by September 8, 2023.

• It is impossible to predict what Trident will be worth in five years.
• An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.
• You are about to leave CryptoSlate in order to visit a cryptocurrency or ICO website.
• The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

The Trident price prediction for 2025 is currently between $ 0.0₈2493 on the lower end and $ 0.0₇1005 on the high end. Compared to today’s price, Trident could gain 685.32% by 2025 if TRIDENT reaches the upper price target. It is impossible to predict what Trident will be worth in five years. Therefore, it is impossible to accurately predict the price of Trident 5 years from now. Based on our algorithmically generated price prediction for Trident, the price of TRIDENT is expected to decrease by 10.07% in the next month and reach $ 0.0₈1409 on Sep 8, 2023. Additionally, Trident’s price is forecasted to gain 62.54% in the next six months and reach $ 0.0₈2080 on Feb 5, 2024.

Using the same basis, here is the Trident price prediction for each year up until 2030. Trading volume of Trident Protocol (TRIDENT) in the last 24h was $N/A, which is approximately 0.00% of its current market cap. Trading volume of Trident Token (TDT) in the last 24h was $N/A, which is approximately 0.00% of its current market cap. Use the calculator to convert real-time prices between all available cryptocurrencies and fiat. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.

In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Trident prediction. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). Just like with any other asset, the price action of Trident is driven by supply and demand.

News

⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. Trident traders use a variety of tools to try and determine the direction in which the TRIDENT market is likely to head next. These tools can roughly be divided into indicators and chart patterns.

Based on multiple technical quantitative indicators, the current forecast for Trident in 2023 is bearish. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Trident or not. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 46.14, which indicates that the TRIDENT market is in a neutral position.