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Magic Carpet Ride

Magic Carpet Ride (MAGIC) Price Prediction

  Price   Prediction  

Magic Carpet Ride Price Prediction up to $0.000358 by 2025

Year Min. Price Max. Price
2025 $0.00015 $0.000358
2026 $0.000052 $0.000173
2027 $0.000065 $0.000138
2028 $0.0001069 $0.000348
2029 $0.000273 $0.000727
2030 $0.0001072 $0.000335
2031 $0.000146 $0.00028
2032 $0.000252 $0.000928
2033 $0.000554 $0.001476
2034 $0.000217 $0.000668

Long-term Magic Carpet Ride price prediction for 2026, 2027, 2028, 2029, 2030, 2031 and 2036

Magic Carpet Ride price prediction 2025

The Magic Carpet Ride price forecast for 2025 suggests that the average price could range between $0.00015 on the lower end and $0.000358 on the high end. In the crypto market, compared to today’s average price, Magic Carpet Ride could potentially gain 114.18% by 2025 if MAGIC reaches the forecast price target.

Magic Carpet Ride price prediction 2026-2031

The MAGIC price prediction for 2026-2031 is currently within a price range of $0.0001015 on the lower end and $0.00050045 on the high end. Considering the price volatility in the market, if Magic Carpet Ride reaches the upper price target, it could gain 198.91% by 2029 compared to today’s price.

Magic Carpet Ride Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2026 $0.000052 $0.000113 $0.000173
2027 $0.000065 $0.0001015 $0.000138
2028 $0.0001069 $0.000227 $0.000348
2029 $0.000273 $0.00050045 $0.000727
2030 $0.0001072 $0.000221 $0.000335
2031 $0.000146 $0.000213 $0.00028

Magic Carpet Ride price prediction 2031-2036

The Magic Carpet Ride price prediction for 2031-2036 is currently estimated to be between $0.000213 on the lower end and $0.001198 on the high end. Compared to the current price, Magic Carpet Ride could potentially gain 616.12% by 2036 if it reaches the upper price target. Please note that this information is for general purposes only and should not be considered long-term investment advice.

Magic Carpet Ride Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2031 $0.000146 $0.000213 $0.00028
2032 $0.000252 $0.00059 $0.000928
2033 $0.000554 $0.001015 $0.001476
2034 $0.000217 $0.000443 $0.000668
2035 $0.000367 $0.00050083 $0.000634
2036 $0.000513 $0.001198 $0.001884

Magic Carpet Ride potential price histogram

Magic Carpet Ride Price Forecast Based on Technical Analysis

Market Sentiment Indicator
BULLISH 33.33%
BEARISH 66.67%

As of April 3, 2025, the overall price prediction sentiment for Magic Carpet Ride is BEARISH, with 11 technical indicators showing bullish signals and 22 indicating bearish signals. The MAGIC price prediction was last updated on April 3, 2025.

Magic Carpet Ride's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

According to our technical indicators, Magic Carpet Ride's 200-day SMA is projected to INCREASE over the next month, reaching $0.000834 by May 2, 2025. The short-term 50-day SMA for Magic Carpet Ride is expected to reach $0.000216 by May 2, 2025.

The Relative Strength Index (RSI) momentum oscillator is a commonly used tool to identify if a cryptocurrency is oversold (below 30) or overbought (above 70). Right now, the RSI stands at 29.63, suggesting that the MAGIC market is in a BUY state.

Popular MAGIC Moving Averages and Oscillators for Sat, Oct 19, 2024

Moving averages (MA) are widely used indicators across financial markets, designed to smooth out price movements over a set period. As lagging indicators, they are based on historical price data. The table below highlights two types: the simple moving average (SMA) and the exponential moving average (EMA).

Daily Simple Moving Average (SMA)

Period Value Action
SMA 3 $0.00016 BUY
SMA 5 $0.000159 BUY
SMA 10 $0.00019 SELL
SMA 21 $0.0003034 SELL
SMA 50 $0.000535 SELL
SMA 100 $0.000844 SELL
SMA 200 $0.00092 SELL

Daily Exponential Moving Average (EMA)

Period Value Action
EMA 3 $0.000162 BUY
EMA 5 $0.000167 SELL
EMA 10 $0.00020098 SELL
EMA 21 $0.000293 SELL
EMA 50 $0.00051 SELL
EMA 100 $0.000719 SELL
EMA 200 $0.000915 SELL

Weekly Simple Moving Average (SMA)

Period Value Action
SMA 21 $0.000995 SELL
SMA 50 $0.000847 SELL
SMA 100
SMA 200

Weekly Exponential Moving Average (EMA)

Period Value Action
EMA 21 $0.000766 SELL
EMA 50 $0.001019 SELL
EMA 100 $0.000666 SELL
EMA 200 $0.000333 SELL

Magic Carpet Ride Oscillators

An oscillator is a technical analysis tool that sets high and low boundaries between two extremes, creating a trend indicator that fluctuates within these limits. Traders use this indicator to identify short-term overbought or oversold conditions.

Period Value Action
RSI (14) 29.63 BUY
Stoch RSI (14) 6.76 BUY
Stochastic Fast (14) 3.23 BUY
Commodity Channel Index (20) -77.96 NEUTRAL
Average Directional Index (14) 33.99 SELL
Awesome Oscillator (5, 34) -0.000256 NEUTRAL
Momentum (10) -0 BUY
MACD (12, 26) 0 BUY
Williams Percent Range (14) -96.77 BUY
Ultimate Oscillator (7, 14, 28) 18.84 BUY
VWMA (10) 0.000261 SELL
Hull Moving Average (9) 0.000147 BUY
Ichimoku Cloud B/L (9, 26, 52, 26) -0.000298 SELL

Magic Carpet Ride price prediction based on worldwide money flows

Worldwide money flows definitions used for Magic Carpet Ride price prediction

M0: The total of all physical currency, plus accounts at the central bank which can be exchanged for physical currency.

M1: Measure M0 plus the amount in demand accounts, including "checking" or "current" accounts.

M2: Measure M1 plus most savings accounts, money market accounts, and certificate of deposit (CD) accounts of under $100,000.

Magic Carpet Ride price predictions by Internet companies or technological niches

Comparison 2026 2027 2028 2029 2030 2031
Facebook stock $0.000235 $0.00033 $0.000464 $0.000652 $0.000917 $0.001288
Amazon.com stock $0.000349 $0.000728 $0.00152 $0.003173 $0.006621 $0.013817
Apple stock $0.000237 $0.000336 $0.000477 $0.000677 $0.000961 $0.001363
Netflix stock $0.000264 $0.000416 $0.000657 $0.001037 $0.001637 $0.002583
Google stock $0.000216 $0.00028 $0.000363 $0.00047 $0.0006097 $0.000789
Tesla stock $0.000379 $0.00086 $0.00195 $0.004421 $0.010023 $0.022722
Kodak stock $0.000125 $0.000094 $0.00007 $0.000052 $0.000039 $0.000029
Nokia stock $0.00011 $0.000073 $0.000048 $0.000032 $0.000021 $0.000014

This calculation shows how much cryptocurrency can cost if we assume that its capitalization will behave like the capitalization of some Internet companies or technological niches. If you extrapolate the data projections, you can get a potential picture of the future Magic Carpet Ride price for 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Magic Carpet Ride forecast and prediction overview

You may ask questions like: "Should I invest in Magic Carpet Ride now?", "Should I buy MAGIC today?", "Will Magic Carpet Ride be a good or bad investment in short-term, long-term period?".

We update Magic Carpet Ride forecast projection regularly with fresh values. Look at our similar predictions. We making a forecast of future prices for huge amounts of digital coins like Magic Carpet Ride with technical analysis methods.

If you are trying to find cryptocurrencies with good returns, you should explore the maximum of available sources of information about Magic Carpet Ride in order to make such a responsible decision about the investment by yourself.

Magic Carpet Ride price equal to $0.0001674 USD today, but the price can go both up and down and your investment may be lost because cryptocurrency high-risk assets

Magic Carpet Ride price prediction based on Bitcoin's growth pattern

2026 2027 2028 2029
If Magic Carpet Ride has 1% of Bitcoin's previous average grow per year $0.000171 $0.000176 $0.00018 $0.000185
If Magic Carpet Ride has 2% of Bitcoin's previous average grow per year $0.000176 $0.000185 $0.000194 $0.000205
If Magic Carpet Ride has 5% of Bitcoin's previous average grow per year $0.000189 $0.000213 $0.000241 $0.000272
If Magic Carpet Ride has 10% of Bitcoin's previous average grow per year $0.00021 $0.000265 $0.000334 $0.000421
If Magic Carpet Ride has 20% of Bitcoin's previous average grow per year $0.000254 $0.000386 $0.000587 $0.000893
If Magic Carpet Ride has 50% of Bitcoin's previous average grow per year $0.000385 $0.000885 $0.002036 $0.004682
If Magic Carpet Ride has 100% of Bitcoin's previous average grow per year $0.0006026 $0.002169 $0.0078071 $0.0281006

Frequently Asked Questions about Magic Carpet Ride

Is MAGIC a good investment?

The determination to procure Magic Carpet Ride is entirely contingent on your individualistic risk tolerance. As you may discern, Magic Carpet Ride's value has experienced a fall of -0.9753% during the preceding 24 hours, and Magic Carpet Ride has incurred a decline of  over the prior 30-day duration. Consequently, the determination of whether or not to invest in Magic Carpet Ride will hinge on whether such an investment aligns with your trading aspirations.

Can Magic Carpet Ride rise?

It appears that the mean value of Magic Carpet Ride may potentially surge to $0.000358 by the end of this year. Looking at Magic Carpet Ride's prospects in a more extended five-year timeline, the digital currency could potentially growth to as much as $0.000727. However, given the market's unpredictability, it is vital to conduct thorough research before investing any funds into a particular project, network, or asset.

What will the price of Magic Carpet Ride be next week?

Based on the our new experimental Magic Carpet Ride forecast, the price of Magic Carpet Ride will increase by 1.39% over the next week and reach $0.000169 by April 10, 2025.

What will the price of Magic Carpet Ride be next month?

Based on the our new experimental Magic Carpet Ride forecast, the price of Magic Carpet Ride will decrease by -4.66% over the next month and reach $0.000159 by May 3, 2025.

How high can Magic Carpet Ride’s price go this year in 2025?

As per our most recent prediction on Magic Carpet Ride's value in 2025, MAGIC is anticipated to fluctuate within the range of $0.00015 and $0.000358. However, it is crucial to bear in mind that the cryptocurrency market is exceptionally unstable, and this projected Magic Carpet Ride price forecast fails to consider sudden and extreme price fluctuations.

Where will Magic Carpet Ride be in 5 years?

Magic Carpet Ride's future appears to be on an upward trend, with an maximum price of $0.000727 projected after a period of five years. Based on the Magic Carpet Ride forecast for 2029, Magic Carpet Ride's value may potentially reach its highest peak of approximately $0.000727, while its lowest peak is anticipated to be around $0.000273.

How much will be Magic Carpet Ride in 2025?

Based on the our new experimental Magic Carpet Ride price prediction simulation, MAGIC’s value in 2025 expected to grow by 114.18% to $0.000358 if the best happened. The price will be between $0.000358 and $0.00015 during 2025.

How much will be Magic Carpet Ride in 2026?

According to our latest experimental simulation for Magic Carpet Ride price prediction, MAGIC’s value could rise by 3.62% to $0.000173 in 2026, assuming the most favorable conditions. The price is projected to fluctuate between $0.000173 and $0.000052 throughout the year.

How much will be Magic Carpet Ride in 2027?

Our new experimental Magic Carpet Ride price prediction model suggests that MAGIC’s value in 2027 could down by -17.53%, reaching $0.000138 in the best-case scenario. The price is expected to range between $0.000138 and $0.000065 during the year.

How much will be Magic Carpet Ride in 2028?

Based on our experimental forecast model, Magic Carpet Ride's value may experience a 108.02% growth in 2028, potentially reaching $0.000348 under optimal conditions. The predicted price range for 2028 lies between $0.000348 and $0.0001069.

How much will be Magic Carpet Ride in 2029?

Using our new experimental simulation for Magic Carpet Ride price predictions, MAGIC’s value in 2029 is expected to rise by 334.61% , reaching $0.000727 in the best scenario. The price is forecasted to range between $0.000727 and $0.000273 over the course of 2029.

How much will be Magic Carpet Ride in 2030?

Our experimental simulation indicates that Magic Carpet Ride’s price could grow by 100.4% in 2030, potentially hitting $0.000335 under ideal conditions. The price will likely fluctuate between $0.000335 and $0.0001072 during the year.

How much will be Magic Carpet Ride in 2031?

Based on the findings from our latest experimental Magic Carpet Ride price prediction, MAGIC could see a 67.35% rise in value, reaching $0.00028 if the most positive scenario plays out in 2031. The price is expected to stay within a range of $0.00028 and $0.000146 throughout the year.

How much will be Magic Carpet Ride in 2032?

According to our experimental Magic Carpet Ride price prediction, MAGIC’s value is anticipated to rise by 454.75% in 2032, with the highest potential price being $0.000928. Throughout the year, MAGIC’s price could range from $0.000928 and $0.000252.

How much will be Magic Carpet Ride in 2033?

The results from our new Magic Carpet Ride price prediction simulation suggest that MAGIC may rise by 781.9% in 2033, potentially reaching $0.001476 under the best circumstances. The predicted price range for the year is between $0.001476 and $0.000554.

How much will be Magic Carpet Ride in 2034?

Based on our experimental forecast for Magic Carpet Ride’s price, MAGIC could grow by 299.43% , with the value potentially hitting $0.000668 in 2034. The expected price range for the year lies between $0.000668 and $0.000217.

How much will be Magic Carpet Ride in 2035?

Our recent Magic Carpet Ride price prediction simulation suggests that MAGIC’s value might rise by 278.8% in 2035, possibly reaching $0.000634 if conditions are optimal. The expected price range for 2035 is between $0.000634 and $0.000367.

How much will be Magic Carpet Ride in 2036?

According to the experimental simulation, Magic Carpet Ride’s value could rise by 1025.67% in 2036, with a high of $0.001884 under favorable conditions. The price is expected to fall between $0.001884 and $0.000513 over the course of the year.

How to read and predict Magic Carpet Ride price movements?

Magic Carpet Ride traders use indicators and chart patterns to predict market direction. They also identify key support and resistance levels to gauge when a downtrend might slow or an uptrend might stall.

Magic Carpet Ride Price Prediction Indicators

Moving averages are popular tools for Magic Carpet Ride price prediction. A simple moving average (SMA) calculates the average closing price of MAGIC over a specific period, like a 12-day SMA. An exponential moving average (EMA) gives more weight to recent prices, reacting faster to price changes.

Commonly used moving averages in the crypto market include the 50-day, 100-day, and 200-day averages, which help identify key resistance and support levels. A MAGIC price move above these averages is seen as bullish, while a drop below indicates weakness.

Traders also use RSI and Fibonacci retracement levels to gauge MAGIC's future direction.

How to read Magic Carpet Ride charts and predict price movements?

Most traders prefer candlestick charts over simple line charts because they provide more detailed information. Candlesticks can represent Magic Carpet Ride's price action in different time frames, such as 5-minute for short-term and weekly for long-term trends. Popular choices include 1-hour, 4-hour, and 1-day charts.

A 1-hour candlestick chart, for instance, shows MAGIC's opening, closing, highest, and lowest prices within each hour. The candle's color is crucial: green indicates the price closed higher than it opened, while red means the opposite. Some charts use hollow and filled candlesticks to convey the same information.

What affects the price of Magic Carpet Ride?

Magic Carpet Ride's price action is driven by supply and demand, influenced by factors like block reward halvings, hard forks, and protocol updates. Real-world events, such as regulations, adoption by companies and governments, and cryptocurrency exchange hacks, also impact MAGIC's price. Magic Carpet Ride's market capitalization can change rapidly.

Traders often monitor the activity of MAGIC "whales," large holders of Magic Carpet Ride, as their actions can significantly influence price movements in the relatively small Magic Carpet Ride market.

Bullish and bearish price prediction patterns

Traders often identify candlestick patterns to gain an edge in cryptocurrency price predictions. Certain formations indicate bullish trends, while others suggest bearish movements.

Commonly followed bullish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers

Common bearish candlestick patterns:

  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man