Prosper (PROS) Price Prediction: Will PROS Reach $2 in 2022? PlatoAiStream PlatoAiStream. Data Intelligence. Vertical Search. Ai.

Prosper (PROS) Price Prediction: Will PROS Reach $2 in 2022?

  • Bullish PROS price prediction ranges from $1.154 to $1.99.
  • PROS price might also reach $2 this 2022.
  • PROS’s bearish market price prediction for 2022 is $0.198.

Prosper is the world’s first prediction market with the capacity to gather liquidity from different pools. It is built on the Ethereum blockchain and its native token is denoted as PROS.

PROS investors are bullish on the token since it has a return on investment (ROI) of over 3 times in the past 3 months. The crypto bubble of 2021 led to an increase in the price of PROS to its present all-time high (ATH) of $9.39 which was attained in February 2021. Irrespective of the recent crypto winter which led to a dip in the price of most cryptocurrencies, PROS investors are confident that the future of PROS is bullish.

If you are interested in the future of Prosper (PROS) and would want to know the price analysis and price prediction of PROS for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article.

What is Prosper (PROS)?

Prosper is the world’s first prediction market with the capacity for on-chain liquidity aggregation. It is built on the Ethereum blockchain and its native token is denoted as PROS. Prosper is present in other blockchains such as the Polygon blockchain and the Binance Smart Chain. It also serves as a hedging platform.

Prosper was launched in December 2020. It was co-founded by Vladislavs Semjonovs who also is the CEO. Prosper uses accurate price feeds that are provided by Chainlink Oracle. Prosper as a non-custodian prediction platform allows users to set their custom treasury rate.

Some of the features that make the architecture that is used on the Prosper prediction market unique are fiat integration, retail-oriented, cross-chain support, liquidity programs with stablecoin income, custom pools owned by creators, and a prediction insurance system.

Liquidity providers on the Prosper prediction market are provided with 0% treasury, high annual interest rate returns since the prediction are short-term and use a binary model, and free maximum insurance funds.

Prosper is supported by top partners which include Chainlink, UNION, Matic Foundation, Tenzor Capital, Prometheus Labs, clover, Ankr, 3Commas, Bonded.Finance and Ava Labs.

Holders of Prosper native token PROS can use it to create prediction leverage and insurance, custom pool creation, liquidity incentives, and DAO governance.

Prosper (PROS) Current Market Status

The maximum supply of Prosper (PROS) is 100 million PROS while its circulating supply is 19,244,765 PROS according to CoinMarketCap. At the time of writing, PROS is trading at a price of $1.03 which represents a 24 hours increase of 14.18%. The trading volume of PROS in the past 24 hours is $18.55 million which represents a 69.63% increase.

Some of the top cryptocurrency exchanges for trading Prosper (PROS) are Binance, Gate.io, SushiSwap, ApeSwap, PancakeSwap, and others.

Now that you have known what PROS is and its current market status, we shall discuss the price analysis of Prosper (PROS) for 2022.

Prosper (PROS) Price Analysis 2022

Currently, PROS is ranked in the 598th position on CoinMarketCap. Will developments and upgrades within the Prosper platform lead to rising in the price of Prosper (PROS)? We shall see in this Coin Edition price analysis 2022 article.

Prosper (PROS) Price Analysis – Keltner Channel

Prosper (PROS) Price Prediction: Will PROS Reach $2 in 2022? PlatoAiStream PlatoAiStream. Data Intelligence. Vertical Search. Ai.
PROS/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Prosper (PROS), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of PROS might be sustained before any reversal would be expected.

Prosper (PROS) Price Analysis – Relative Strength Index

Prosper (PROS) Price Prediction: Will PROS Reach $2 in 2022? PlatoAiStream PlatoAiStream. Data Intelligence. Vertical Search. Ai.
PROS/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset so as to deduce if it is an oversold or overbought asset. The RSI value of Prosper (PROS) 1day chart of PROS/USDT is at 52.72.  This shows that PROS is showing a strong trend since it is between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Prosper (PROS) Price Analysis – Moving Averages

Prosper (PROS) Price Prediction: Will PROS Reach $2 in 2022? PlatoAiStream PlatoAiStream. Data Intelligence. Vertical Search. Ai.
PROS/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of PROS 200-day and 100-day Moving Average (MA). Presently, PROS is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is below the 100-MA, we can deduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is not wide and below the recently formed candlesticks, the price of Prosper (PROS) might experience a big rise or fall soon.

Prosper (PROS) Price Prediction 2022

Prosper (PROS) Price Prediction: Will PROS Reach $2 in 2022? PlatoAiStream PlatoAiStream. Data Intelligence. Vertical Search. Ai.
PROS/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of PROS/USDT, PROS price was swinging from $1.357 resistance2 to $1.154 resistance1 after touching the support level at $0.839. It reversed from the support level of $0.839 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term PROS price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect PROS to reach $2 in 2022.

Prosper (PROS) Price Prediction – Resistance and Support Levels

Prosper (PROS) Price Prediction: Will PROS Reach $2 in 2022? PlatoAiStream PlatoAiStream. Data Intelligence. Vertical Search. Ai.
PROS/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of PROS has increased by 61% in the past 30 days. If this price increase continues, PROS could break the $1.154 resistance1 level and move higher to $1.990 at the resistance5 level and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of PROS might be dethroned from its present uptrend position. In simpler terms, PROS might trend below the $0.198 support level, and even lower in 2022, a bearish signal.

Prosper (PROS) Price Prediction 2023

If the value of the relative strength index (RSI) of PROS is at least 55, by the end of 2022, it means that the bulls and investors are in change. This could spill over into the first half of the year 2023, which could make the price of Prosper (PROS) trade around $4 by the end of 2023.

Prosper (PROS) Price Prediction 2024

The positive sentiment that comes with the news of Bitcoin halving could have a direct impact on the price of PROS. Since the year 2024 is a year of Bitcoin halving and most cryptocurrencies respond in the same trend as Bitcoin, we could see the price of PROS trade at $8 by the end of 2024.

Prosper (PROS) Price Prediction 2025

By the end of 2025, the price of Prosper (PROS) could rise to $16. This is because of the price surge that comes a year after Bitcoin halving. Also, considering that more developments will be introduced into the Prosper platform since liquidity providers earn high annual returns.

Prosper (PROS) Price Prediction 2026

With the number of PROS hodlers on the increase and the growing sentiment about cryptocurrencies, PROS has the possibility of holding most of its recent gains and consolidating. Hence, the price of PROS could trade around $20 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

Prosper (PROS) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to a possible sentiment that the market has attained its minimum support level. The price of PROS could surge to $40 by the end of 2027.

Prosper (PROS) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news that surrounds any year of Bitcoin halving. It is, therefore, possible that the market could attain a higher high-value Prosper (PROS) could hit $60 by the end of 2028.

Prosper (PROS) Price Prediction 2029

By 2029, there could be a lot of stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to the implementation of some of the lessons learned to ensure that their investors retain confidence in the project. This impact coupled with the price surge that follows a year after Bitcoin (BTC) halving could surge the price of PROS to $80 by the end of 2029.

Prosper (PROS) Price Prediction 2030

With the cryptocurrency market experienced high stability as a result of hodling activities of early investors so as not to lose the future gains in the price of their assets. We could expect the price of Prosper (PROS) to trade around $100 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the previous years.

Conclusion

As said above, PROS might reach $2 in 2022 and $100 by 2030 if investors have decided that PROS is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Prosper (PROS)?

Prosper is the world’s first prediction market with the capacity for on-chain liquidity aggregation. It is built on the Ethereum blockchain and its native token is denoted as PROS. Prosper is present in other blockchains such as the Polygon blockchain and the Binance Smart Chain. It also serves as a hedging platform.

How to buy Prosper (PROS) Token?

Like other cryptocurrencies, Prosper (PROS) can be traded in cryptocurrency exchanges like Binance, Gate.io, ApeSwap, and others.

Will PROS Token surpass its present ATH?

PROS has a low possibility of surpassing its present all-time high (ATH) price of $9.39 in 2022. However, due to the positive sentiments of its investors, this could be surpassed by 2025.

Can PROS reach $2 soon?

PROS is one of the few cryptocurrencies that has retained its bullish momentum in the past 7 days. If this momentum is maintained, PROS might reach $2 soon after its breaks the $1.99 psychological resistance.

Is PROS a good investment?

PROS is one of the good investments in the crypto space in the past 3 months. Its return on investment of over 300% makes it one of the assets to keep on the watch list and hodl for the future.

What is the present all-time low price of PROS?

PROS has a present all-time low price of $0.1344.

Who is the CEO of Prosper?

The CEO of Prosper is Vladislavs Semjonovs.

What is the maximum supply of PROS?

PROS has a maximum supply of 2 billion PROS.

When was Prosper launched?

It was launched in 2020.

Where can PROS be stored?

PROS can be stored in private wallets and cold and hot wallets of centralized exchanges.

What will be the PROS price by 2023?

PROS price is expected to reach $4 by 2023.

What will be the PROS price by 2024?

PROS price is expected to reach $8 by 2024.

What will be the PROS price by 2025?

PROS price is expected to reach $16 by 2025.

What will be the PROS price by 2026?

PROS price is expected to reach $20 by 2026.

What will be the PROS price by 2027?

PROS price is expected to reach $40 by 2027.

What will be the PROS price by 2028?

PROS price is expected to reach $60 by 2028.

What will be the PROS price by 2029?

PROS price is expected to reach $80 by 2029.

What will be the PROS price by 2030?

PROS price is expected to reach $100 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.


Post Views:
1

Time Stamp:

More from Republished By Plato