Table of Contents:
- Coin prognosis
- What is AllianceBlock coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
Our data is bearish on AllianceBlock Possible downside
Over the past few weeks, AllianceBlock's price has performed poorly in relation to the market. This poor performance is reflected in it's daily price movements which heavily influences our ranking algorithms. Buying ALBT at this time may lead to loss of capital. However, if you believe this is a good project, take a look at our Fundamental analysis and do a detailed due diligence, then accumulate a long-term position.
What is AllianceBlock? Fundamental Analysis
Founded on September 8th, 2020 in Utrecht, Netherlands, AllianceBlock tokens are the backbone of the AllianceBlock Ecosystem. The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that aims to bridge traditional and decentralized finance and automate the process of converting any digital or crypto asset into a bankable product.The ALBT token serves as a multi-purpose tool to be utilized as the primary medium of exchange, means of reward for ecosystem participants, and network fee payment mechanism. In addition the ALBT token will act as the currency reserve of the ecosystem reserve pool and as a governance token for voting and power delegation. Token utility and scarcity is further achieved via a number of deflationary features including node staking, liquidity pooling, quarterly revenue-based token burns, and quarterly activity-based token burns.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Apr 16, 2021 | $0.7266 | Neutral |
| May, 2021 | $ 0.7150 USD | Downside |
| June, 2021 | $ 0.7150 USD | Downside |
| July, 2021 | $ 0.7150 USD | Downside |
| October, 2021 | $ 0.7150 USD | Downside |
| April, 2022 | $ 0.7150 USD | Downside |
ALBT Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will AllianceBlock rise today? | Our data indicates AllianceBlock will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of AllianceBlock (ALBT) in future? | Our analysis shows AllianceBlock is already past it's immediate all time high, indicating a bearish signal! |
| Will AllianceBlock (ALBT) price increase in future? | No. Our algorithms indicate that AllianceBlock (ALBT) will experience a significant decline in future. As low as $0.7150/ALBT |
| Will an Investment in AllianceBlock (ALBT) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of AllianceBlock (ALBT) in future? | $0.7150 USD |
| Will the price of AllianceBlock (ALBT) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 AllianceBlock? | Our analysis shows an end of year prognosis of 1ALBT = $0.7150 USD. |
| Where do I buy AllianceBlock? | We have curated some great options. Buy ALBT coin here → |
Historical Price Data (USD)
Pay close attention to daily volume fluctuations. Poor volume like ALBT has is a good indication of bearishness in the short term.
| Date | Price | Volume |
|---|---|---|
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
| February 13, 2020 | $0 | $0 |
