Loading...

iEXEC RLC price prediction 2024-2030: Is RLC a good investment?

Key takeaways

  • iEXEC RLC price prediction suggests that the coin could reach $2.41 by end of 2024.
  • By 2027, iEXEC RLC could trade at a peak price of $7.63 and an average price of $6.56.
  • In 2030, the target price for iEXEC RLC is between $19.41 and $23.11.

The RLC tokens are issued to workers who commit their computing power to the iExec network. However, the network isn’t limited to those offering cloud resources. iExec workers can also earn RLC tokens by providing valuable resources to the iExec network users.

The platform offers various services that guarantee a broader target market. Therefore, the platform is more likely to remain relevant over the years, making RLC tokens relatively safe for long-term investors.

The iExec RLC price prediction involves careful analysis of the charts to establish the most probable prices in the future, assuming other external factors are kept constant. Most of our analyses rely purely on price action and do not depend on the possible news that could affect the price of RLC tokens in the future.

One significant determinant of the iExec RLC price predictions is the performance of its decentralized computing platform, which is expected to revolutionize the world of computing. iExec aims to offer cloud computing resources whenever they are in demand.

Is RLC the token of the future? Let’s get into the details.

Overview

CryptocurrencyiEXEC RLC
TokenRLC
Price$1.813
Market Cap$129,532,338
Trading Volume$4,136,090
Circulating Supply72,382,548 RLC
All-time High$15.51 May 10, 2021
All-time Low$0.1538 Dec 15, 2018
24-hour High$1.81
24-hour Low$1.71

iEXEC RLC price prediction: Technical analysis

MetricValue
Volatility11.85%
50-Day SMA 2.53
200-Day SMA 2.74
SentimentBearish
Fear & Greed25 (Extreme Fear)
Green Days 12/30 (40%)

iEXEC RLC price analysis: RLC climbs past $1.813 amidst a rapid upturn

TL; DR Breakdown

  • RLC price analysis confirms an uptrend.
  • The coin value has spiked up to $1.813.
  • Strong support is found at the $1.559.

RLC price analysis for July 13, 2024, indicates signs of a growing bullish wave. The past week has proved highly supportive for the bulls as they secured consecutive victories. Overall, the coin value has recovered up to $1.813 because of the growing buying activity. If the bulls remain persistent, a further hike in the coin value may be observed soon.

RLC/USDT price analysis 1-day chart: Coin value seeks massive recovery beyond $1.813

The bulls have been on the dominant end for the past 24 hours, as suggested by the daily price analysis. Green candlesticks are ruling the one-day price chart because of the intensifying bullish pressure since the past week. The coin value has thus climbed up to $1.813, considering the aggravating upward swing during the day. Similarly, if we discuss the Moving Average (MA) indicator’s value, then it has improved up to a low of a low of $1.749.. That is because of the rapid ascent observed over the past week.

RLC/USD 1-day price chart. Source: Tradingview.

The volatility is on the rising end, which is a relatively bearish hint for the cryptocurrency. Whereas, the upper end of the Bollinger bands indicator has moved up to $2.2774, considering the increasing volatility. The lower end of the Bollinger bands indicator has shifted to the $1.559 end, thereby marking stable support for the cryptocurrency. The Relative Strength Index (RSI) indicator confirms the latest changes in market events. Its value has spiked up to 38.26, considering the rapid bullish wave during the day.

RLC price analysis 4-hour chart: Bullish rally intensifies as RLC hits the $1.8137 target

The cryptocurrency price analysis shows a highly bullish scenario regarding the current price movements. That is because the buying pressure remained high as compared to the selling pressure in the past few hours of the day. The coin value has advanced up to $1.814 as a result of the intensifying bullish pressure. Moreover, the moving average indicator confirms improvement in its overall value as well. Its value has stepped up to $1.778 because of the persistent upswing since the early hours of the day.

RLC/USD 4-hour price chart. Source: Tradingview.

The four-hour price chart dictates a massive rise in volatility, which is a bearish hint for the approaching hours. Side by side, the upper end of the Bollinger bands indicator has shifted to a $1.828 high, amidst the growing volatility. The lower end of the Bollinger bands indicator has moved to $1.736, which signals strong support. The RSI graph shows a sharp bullish curve because of the turnover in the past four hours. Its value has ascended to index 57.61, pertaining to the bullish progression.

iEXEC RLC technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 3 1.91873SELL
SMA 5 1.848071SELL
SMA 10 1.801848SELL
SMA 21 2.02SELL
SMA 50 2.53SELL
SMA 100 2.77SELL
SMA 200 2.74SELL

Daily exponential moving average (EMA)

PeriodValueAction
EMA 3 1.95007SELL
EMA 5 2.01SELL
EMA 10 2.10SELL
EMA 21 2.31SELL
EMA 50 2.64SELL
EMA 100 2.80SELL
EMA 200 2.66SELL

What to expect from iEXEC RLC price analysis

The RLC price analysis suggests a bullish prediction for the cryptocurrency today. A strong upward swing has been observed since the past week, thereby earning a high profit for the cryptocurrency. Overall, the coin value has hiked up to $1.813 because of the bullish rally in the past 24 hours. Moreover, the hourly price analysis confirms a similar scenario for the cryptocurrency, as an upturn was recorded in the last four hours of the day.

Is iEXEC RLC a good investment?

iEXEC RLC has seen fewer green days over the past month. The price of the RLC token increased by more than 39% over the last year, but overall, its value decreased by 33.6% over the past three years. Currently, market sentiment is bearish, which makes it a complex decision because the token’s value is expected to increase to a maximum of $2.41 by the end of the current fiscal year. It is important to consider on-chain development and activity before making a buying decision.

Why is iEXEC RLC down?

The RLC/USD crypto pair price has increased today as buyers are returning to the market, taking the price to $1.813. However, the token has lost 50% of its value, compared to what it was on June 1. A continuous bearish drift is visible, which has had negative consequences for the token holders.

Will iEXEC RLC recover? 

iEXEC RLC is dipping if seen over the past 1.5 months; nevertheless, the decrease in price levels is clear, with far fewer bullish periods in between. The price action is dominated by sellers, but this situation is not unusual in the crypto market. We expect there are equal chances of a price reversal in the upward direction if the RSI score increases above index 45.

Will iEXEC RLC reach $5?

iEXEC RLC will have to surpass the crucial resistance level of $3.4 to reach $5. With a prolonged bearish trend and RLC’s current price action, it is not easy but still possible for RLC to reclaim the $5 mark by the end of 2026.

Will iEXEC RLC reach $10?

Per Cryptopolitan price prediction, iEXEC RLC has chances of reaching $10 in the next four years. It is expected that the Bitcoin SV will reach $10 by the end of 2028.

Will iEXEC RLC reach $100?

To reach $100, iEXEC RLC’s value will have to increase more than 98%. Though not impossible in the cryptocurrency market, Cryptopolitan expects a lower chance of reaching this level within the next 10 years.

Does iEXEC RLC have a good long-term future?

iExec RLC value is expected to grow. RLC is an Ethereum token used to pay data and rent computing power on the iExec cloud platform. The coin is predicted to reach from the current price range of $1.7 to $23.11 in the next five years. Even though iExec is an excellent long-term investment, please remember that every investment has a degree of risk.

Recent news/opinions on iExec RLC

  • iExec participates in EthCC (Ethereum Community Conference), giving multiple presentations by the platform on computing, Web3, and apps built with iExec developer tools.

iEXEC RLC price prediction July 2024

According to our iEXEC RLC’s price prediction 2024, we expect a minimum price of $1.29 and an average price of $1.75. However, If iEXEC RLC’s growth trajectory persists, we predict its value could reach as high as $2.30 at its peak.

iEXEC RLC price predictionMinimum priceAverage priceMaximum price
iEXEC RLC price prediction June 2024$1.29$1.75$2.30

iEXEC RLC price prediction 2024

According to our iEXEC RLC’s price prediction 2024, we expect a minimum price of $2.07 and an average price of $2.16. However, If iEXEC RLC’s growth trajectory persists, we predict its value could reach as high as $2.41 at its peak.

iEXEC RLC price predictionMinimum priceAverage priceMaximum price
iEXEC RLC price prediction 2024$2.07$2.16$2.41

iEXEC RLC price prediction 2024-2030

YearMinimum PriceAverage PriceMaximum Price
2025$3.05$3.14$3.64
2026$4.44$4.56$5.19
2027$6.34$6.56$7.63
2028$9.12$9.45$10.99
2029$12.86$13.33$15.85
2030$19.41$19.94$23.11

iEXEC RLC price prediction 2025

According to RLC price prediction for 2025, the minimum price of iEXEC RLC cost will be $3.05, while the average price will be around $3.14, with the token possibly reaching a maximum price of $3.64 by the end of 2025.

iEXEC RLC price prediction 2026

According to the price prediction for 2026, we expect the minimum price of the coin to be $4.44 and an average predicted value of $4.56. We expect iEXEC RLC’s price to surge to a maximum of $5.19 by 2026.

iEXEC RLC price prediction 2027

iEXEC RLC price prediction for 2027 is a minimum value of $6.34 with an average trading price of $6.56. Based on the iEXEC RLC price prediction for 2027, the price could reach a maximum of $7.63 during the year.

iEXEC RLC price prediction 2028

Based on our RLC price prediction for 2028, the iEXEC RLC token is anticipated to experience a bullish trend with a predicted floor price of $9.12 and an average trading value of $9.45. The highest possible price for 2028 is estimated to reach $10.99.

iEXEC RLC price prediction 2029

Our RLC price prediction for 2029 suggests that the minimum price level could be $12.86. The iEXEC RLC token will experience significant growth, with a maximum potential price value of $13.33 and an average projected value of $15.85.

iEXEC RLC price prediction 2030

According to RLC price prediction for 2030, the cryptocurrency’s value may drop to a low of $19.41 by year-end. However, we expect the average trading price to be $19.94 and the maximum estimated price to reach as high as $23.11.

iEXEC RLC market price prediction: Analysts’ RLC price forecast

Firm Name20242025
DigitalCoinPrice$3.90$4.63
Wallet Investor$2.59$3.64

Cryptopolitan’s iEXEC RLC price prediction

Our forecast shows that iEXEC RLC will achieve a high price of $2.41 near the end of 2024. In 2025, the RLC price will range between $3.05 and $3.64. In 2030, the cryptocurrency will range between $19.41 and $23.11, with an average price of $19.94. It is important to consider that the predictions can change at any time and are not investment advice. Professional consultation is suggested, or you can carry out your own research.

iEXEC RLC historic price sentiment

  • During the ICO, the price of each iEXEC token (RLC) was $0.25, and investors could purchase tokens using either Bitcoin (BTC) or Ethereum (ETH). The total number of RLC tokens available for sale during the ICO was 87,000,000.
  • Following the ICO, the first price listing of iExec (RLC) on CoinMarketCap was recorded in May 2017 at $0.2486 per token. By the end of 2017, RLC had risen to $1.26.
  • In 2018, RLC was bullish, reaching a high of $3.6. On December 15, however, it fell to an all-time low of $14.88.
  • In 2019 it extended the losses and traded below its starting price in January and September.
  • During the bull run of 2021, RLC reached an all-time high of $16.26 on May 10.
  • By the beginning of 2022, it had corrected to $2.76. RLC was down 92.61% from its all-time high, with an ROI of 325.75% on July 21.
  • iExec RLC started 2023 with a price of $1.15 but soon reached $2.24 on February 7. Token’s price fell below $1 in September but increased to $1.6 range by the end of December.
  • iExec RLC price decreased to $1.3 range in January 2024, however, the token started following the bullish trend reaching $2.3 range in February.
  • iExec RLC reached $4.6 level by March 9, 2024, but the token pulled back to $2.3 range in April.
  • iExec RLC was last seen above $3 at the start of June, and its price has been sliding since the last month, currently trading at $1.7 on July 13, 2024.

FAQs

Is it good to invest in IExec RLC?

IExec is a good cryptocurrency to invest in. The coin is expected to increase steadily every year; thus, providing a good return on investment.

Where can I buy iExec RLC?

iExec RLC token is listed on many exchanges including Coinbase, Binance, Bithump, Kucoin and Gate.io. Trading pairs provided against RLC are USDT, USD, BTC, and KRW on Bihump.

Will iExec RLC get back to its ATH?

With continual innovations, partnerships and developments, we have every reason to expect that the RLC token will likely surpass its all-time high in 2026. However, the RLC token has every tendency to break its ATH before then, as there is always something cooking with the iExec ecosystem. 

Where to store iExec RLC tokens

All Ethereum wallets like MetaMask can store iExec RLC.

Is iExec RLC token good for newbies?

Newbies often tend to make hasty business decisions and are often "rekt" when high market volatility. Therefore, newbies are often advised to begin their cryptocurrency investing journey with popular cryptocurrencies with higher market cap rankings like BTC and ETH. iExec RLC has a decent ranking; however, it is still prone to high volatility and could easily confuse newbie investors. Therefore RLC isn't appropriate for new crypto investors.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Share link:

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Related News

elrond
Cryptopolitan
Subscribe to CryptoPolitan