District0x price prediction 2024-2030: What drives the DNT price?

Key takeaways:

• The District0x price prediction anticipates a high of $0.0755 by the end of 2024.
• In 2027, it will range between $0.2181 and $0.2605, with an average price of $0.2244.
• In 2030, it will range between $0.6888 and $0.8159, with an average price of $0.7087.

District0x (DNT) is a player in the decentralized web space, offering a network of marketplaces and communities known as “districts.” As a platform built on Ethereum, it utilizes a suite of governance tools and Ethereum’s smart contracts to empower users to deploy districts autonomously. With its utility token, DNT, users participate in open, decentralized marketplaces without a centralized authority.

Investing in DNT requires understanding market trends, technological advancements within the ecosystem, and broader economic factors. Let’s delve into the DNT technical analysis, future price movements, and expert opinions.

Overview

Cryptocurrency	District0x
Ticker	DNT
Current price	$0.03515
Market cap	$35,150,328
Trading volume	$388,169
Circulating supply	1,000,000,000
All-time high	$0.4964 (Apr 19, 2021)
All-time low	$0.002183 (Mar 12, 2020)
24-hour high	$0.03576
24-hour low	$0.03449

District0x price prediction: Technical analysis

Metric	Value
Volatility (30-day variation)	8.02%
Price Prediction	$ 0.033572  (-4.25%)
50-day SMA	$0.03984
200-day SMA	$0.063038
Sentiment	Bearish
Fear and greed index	25 (Extreme Fear)
Green days	9/30 (30%)

District0x price analysis: DNT shows slight bullish movement at $0.0370

TL;DR Breakdown

• District0x resistance is present at $0.03866.
• The token has increased by nearly 1.69% in the last 24 hours.

The District0x price analysis for August 19 shows a slight upward movement in the early hours, where the price briefly spiked above $0.0385. However, the price stabilized and fluctuated within a narrow range between $0.0360 and $0.0380 throughout the day, eventually closing at around $0.0370. The overall price action suggests a neutral to slightly bullish sentiment, as the price maintained stability after the initial spike.

DNT/USD 1-day chart: DNT consolidates with sideways movement

The 1-day District0x price analysis displays a bullish trend, with the price gradually moving upward from its previous lows and is currently trident at around $0.0370. Despite some fluctuations, the overall trajectory suggests a positive momentum as the price consolidates near this level, indicating the potential for further gains if buying pressure increases.

The RSI is currently at 46.33, which is in the neutral zone. This suggests that DNT is neither overbought nor oversold at the moment. The MACD indicator is currently showing a weak bullish signal. The MACD line is slightly above the signal line, but both are close to the zero line, indicating minimal momentum in either direction. 

District0x 4-hour price chart: Latest development

The 4-hour District0x price analysis shows a predominantly sideways movement in price, with some minor fluctuations within a relatively narrow range. The price has been hovering around the $0.0360 to $0.0370 range, with occasional spikes slightly above or below this level. There is no clear upward or downward trend, indicating that the market is in consolidation.

The MACD indicator shows a slight bullish crossover, where the MACD line is crossing above the signal line, suggesting a potential shift toward upward momentum. The Relative Strength Index (RSI) is currently at 54.37, indicating that the asset is neither overbought nor oversold. This neutral position suggests that there is currently no strong buying or selling pressure, supporting the idea of consolidation observed in the price action.

District0x price analysis conclusion 

In conclusion, District0x shows signs of a potential bullish trend, with the price stabilizing around $0.0370 and indicators like the MACD hinting at a possible upward momentum. While the bullish signals are still modest, the market appears to be in a consolidation phase, with the potential for further gains if buying pressure increases. The RSI remains neutral, suggesting there is room for upward movement without the risk of the asset being overbought. Overall, the outlook is cautiously optimistic, with the possibility of a continued bullish trend if favorable conditions persist.

District0x technical analysis: Levels and action

Daily simple moving average (SMA)

Period	Value	Action
SMA 3	$ 0.035918$ 0.063116	SELL
SMA 5	$ 0.036049	SELL
SMA 10	$ 0.03575	SELL
SMA 21	$ 0.038246	SELL
SMA 50	$ 0.03984	SELL
SMA 100	$ 0.063116	SELL
SMA 200	$ 0.063038	SELL

Daily exponential moving average (EMA)

Period	Value	Action
EMA 3	$ 0.035822	SELL
EMA 5	$ 0.035923	SELL
EMA 10	$ 0.036411	SELL
EMA 21	$ 0.037948	SELL
EMA 50	$ 0.044684	SELL
EMA 100	$ 0.053835	SELL
EMA 200	$ 0.056097	SELL

Is District0x a good investment?

District0x is currently not considered a good investment based on recent technical indicators. The sentiment is Bearish, with the Fear & Greed Index reflecting a 25 score, indicating Fear in the cryptocurrency market. District0x has shown only 33% green days in the last 30 days, accompanied by an 8.06% drop in price volatility, and its value has dropped by -1.9864% in the last 24 hours. This suggests that investing in district0x might not be favorable, especially for those with lower risk tolerance. However, the final investment decision should align with your trading goals and risk appetite.

Recent news/opinion on DNT

• Binance to Convert Delisted Tokens to USDC on September 2nd. These tokens include BTG, BTCST, BTS, District0x DNT, GRS, HEGIC, MOB, XMR, MTH, MULTI, NAV, SOLO, SPARTA, XYM, and TRIBE.

Will DNT recover?

The price has struggled to maintain stability, with several sharp drops indicating possible sell-offs or lack of buyer support; therefore, the recovery of District0x appears uncertain in the short term. For District0x to recover, it would need a significant shift in market sentiment trends, renewed investor confidence, and possibly positive news or developments related to the project.

Will DNT reach $1?

It seems unlikely that District0x (DNT) will rise to reach $1 in the near term. The price is currently around $0.0351, which is significantly lower than the $1 target. This shows a downward trend with considerable volatility, indicating that the market is not supporting a strong upward movement.

Will DNT reach $10?

It is highly unlikely to predict that DNT will reach $10. The price is currently around $0.0351, significantly lower than the $10 target, representing an enormous increase requiring unprecedented demand growth.

Will DNT reach $100?

Given historical data, of the current price of District0x (DNT) around $0.0351 and the observed market conditions, we expect that it is extremely unlikely that DNT will reach $100.

Does DNT have a good long-term future?

DNT shows a downward trend with volatility, long-term future appears uncertain. The current price action suggests challenges in maintaining stable growth; the risks and the current sentiment of lack of upward momentum could indicate difficulties in achieving sustained asset value appreciation.

District0x price prediction August 2024

The price of district0x in August is predicted to reach a minimum value of $0.03518, a maximum value of $0.04190, and an average trading price of $0.03812.

Month	Potential low	Potential average	Potential high
August	$0.03518	$0.03812	$0.04190

District 0x price prediction 2024

The District0x price prediction for 2024 suggests that DNT could reach a maximum value of $0.0681, a minimum value of $0.0681, and an average trading price of $0.0711.

Year	Potential low ($)	Potential average ($)	Potential high ($)
2024	0.0681	0.0711	0.0755

District0x price predictions 2025-2030

Year	Minimum	Average	Maximum
2025	$0.1024	$0.1053	$0.1215
2026	$0.1533	$0.1575	$0.1755
2027	$0.2181	$0.2244	$0.2605
2028	$0.3235	$0.3325	$0.3782
2029	$0.4808	$0.4974	$0.5751
2030	$0.6888	$0.7087	$0.8159

district0x DNT price prediction 2025

The price of district0x is expected to reach a minimum level of $0.1024 in 2025. Experts suggest a maximum price of $0.1215 and an average price of $0.1053.

district0x price prediction 2026

According to the district0x price prediction for 2026, traders can anticipate a minimum price of $0.1533, a maximum price of $0.1755, and an average forecast price of $0.1575.

district0x price prediction 2027

In 2027 the price of district0x is expected to trade at a minimum price value of $0.2181, a maximum price value of $0.2605, and an average value of $0.2244.

district0x price prediction 2028

In 2028, the price of district0x is predicted to reach a maximum value of $0.3782, a minimum value of $0.3235, and an average trading price next week of $0.3325.

district0x price prediction 2029

In 2029, the price of district0x is forecasted to be at around a minimum value of $0.4808, a maximum price of $0.5751 and an average value of $0.4974.

District0x price prediction 2030

The price of district0x is predicted to reach a minimum value of $0.6888 in 2030. Investors and traders can expect a maximum value of $0.8159 and an average trading price of $0.7087.

District0x market price prediction: Analysts’ DNT price forecast

Firm	2024	2025
Digitalcoinprice	$0.0769	$0.0911
Changelly	$0.0643	$0.0821
Gate.io	$0.0718	$0.090

District0x price predictions by Cryptopolitan

Our predictions show that District0x will reach a maximum price of $0.0725 in 2024. In 2025, the DNT price will range between $0.1084 and $0.1195. In 2030, District0x will range between $0.6780 and $0.7929, with an average price of $0.7018. Note that these predictions are not investment advice, seek independent professional consultation.

District0x historic price sentiment

• In August 2017 District0x launched, and the price saw an initial spike, reaching approximately $0.16. The price surged to around $0.35, coinciding with the broader crypto market boom at the end of 2017.
• In January 2018, DNT peaked at around $0.30. However, this was followed by a steep decline throughout the year, dropping to approximately $0.01563 by the end of 2018.
• The entire year of 2019 saw relatively low activity, with the price fluctuating between $0.015 and $0.02. There were no significant movements, and DNT remained in a consolidation phase.
• DNT’s price dropped briefly during the market crash to around $0.01 but recovered quickly in March 2020. In November, 2020 the DNT’s value saw an increase, rising to about $0.05 as the broader market began to recover.
• In early 2021, DNT experienced a sharp increase in price, reflecting the broader market’s bullish sentiment. By April 2021, DNT reached a high of approximately $0.35. However, this peak was short-lived, as the price declined rapidly afterward, settling around $0.10 by July 2021 and continuing to decline further.
• In December 2021, the price began to decline, with fluctuations between $0.10 and $0.20.
• The decline continued throughout 2022, with DNT’s price gradually decreasing and stabilizing around $0.035 by the end of the year.
• In February 2023, there was a brief recovery, with the price rising to around $0.10. However, this was short-lived. The price remained relatively stable with minor fluctuations, with DNT trading between $0.03 and $0.10.
• The price has remained relatively stable but low, around $0.035. The market showed a bearish trend with no significant upward movements during this period in January 2024.
• As of August 2024, the price is around $0.035, showing some stability but without significant upward momentum.